Jsw

JSW MG Motor India sells 6,048 units in May amid supply chain challenges

JSW MG Motor India on Monday reported sales of 6,048 units in May 2026. The company did not provide comparable year-on-year figures for May, 2025. In a statement, the company said it is navigating supply chain challenges through resilient manufacturing and informed that dispatches of the recently launched flagship SUV MAJESTOR to dealers have commenced. "The company maintained its sales performance despite global supply chain disruptions, rising commodity prices, and a sharp increase in freight tariffs," JSW MG Motor India stated.

Battle of Indian carmakers heats up as JSW Motors plans Diwali debut

JSW Motors plans a Diwali brand launch, targeting India's premium NEV market with multiple models and aggressive localisation plans

W Asia conflict to end in 2 mths, India capex to push growth: Sajjan Jindal

The impact of the Middle East conflict will not last more than two months, and India's growth story will continue with a lot of capital expenditure by industries, chairman of JSW Group Sajjan Jindal said on Saturday. Speaking to reporters on the sidelines of IIM Nagpur's tenth convocation, where he was the chief guest, he said industries focus on long-term plans. He responded to questions about his expectations for capex in 2026-27, and whether he sees sufficient demand that will encourage companies to invest due to the ongoing war involving the US, Israel and Iran. The Middle East conflict is little of a setback for India's industrial growth, he said. "However, everybody understands that this is temporary. It can get over in a week's time or a month's time, or in two months at the most," he said. The business leader said industries plan for the very long term, spanning 20, 25 or even 50 years. "So, India's growth journey will continue. A lot of capital expenditure is being made by

Sajjan Jindal's JSW Motors secures ₹8,000 crore SBI funding for EV push

SBI will partly fund JSW Motors Ltd.'s 'greenfield manufacturing facility' in Maharashtra, and may sell down part of the exposure to other lenders in the event of demand in the secondary loan market

JSW Energy sells 25 million JSW Steel shares for ₹3,150 crore via bulk deal

JSW Energy on Monday announced the sale of 2.5 crore equity shares in JSW Steel for Rs 3,150 crore through a bulk deal on the National Stock Exchange of India Ltd on May 18. Post-transaction, the company's balance holding is 4,50,38,350 equity shares of JSW Steel Ltd, a regulatory filing said. According to the filing, the company has divested 2,50,00,000 equity shares (face value Re 1 each) of JSW Steel Ltd through a bulk deal on the National Stock Exchange of India Ltd on May 18, as part of a strategic liquidity release, realising gross proceeds of Rs 3,150 crore. The monetisation of a part of the shareholding in JSW Steel Ltd not only releases capital for pursuing the company's growth strategy but also improves return on capital employed, reinforcing the company's commitment to disciplined capital allocation and long-term value creation for shareholders, it added.

JSW Steel awards mega metals contract to L&T for expansion projects

Larsen & Toubro has secured a mega metals sector order from JSW Steel for expansion projects in Karnataka and Odisha as the steelmaker scales capacity

JSW Motors plan to set up 'experience centres' to debut its India car brand

JSW Motors plans to set up at least four 'experience centres' across key Indian cities including Mumbai, New Delhi and Ahmedabad, before rolling out its debut product in the second half of the year

JSW Motors, Tata Elxsi to set up hub to drive next-gen mobility solutions

JSW Group's automotive arm JSW Motors and Tata Group's design and technology services firm Tata Elxsi on Friday signed a pact to jointly set up an engineering hub in Pune to support the development of next-generation software-defined, AI-powered mobility solutions, a statement said on Friday. Under the Memorandum of Understanding (MoU), the JSW Next-Gen Technology Centre (JNEXT Center) will enable close collaboration with JSW Motors' R&D, manufacturing, and leadership teams, the company said. Tata Elxsi will lead the implementation of the connected vehicle platform and unified customer experience app for JSW Motors' upcoming vehicle programs, in partnership with a broader ecosystem, JSW Motors said. The strategic engineering hub will support the development of next-generation software-defined, AI-powered mobility solutions, aligned with the industry's shift towards connected and electrified vehicles, it said. The collaboration aligns with JSW Motors' vision of building a ...

NGT serves notice on JSW Utkal Steel over alleged groundwater extraction

The NGT has issued notices to JSW Utkal Steel, Odisha government and Centre over alleged groundwater extraction violations at its Paradip steel project, raising environmental concerns

JSW Steel, POSCO form joint venture to set up 6 mtpa steel plant in Odisha

The proposed 50:50 joint venture will establish a 6 mtpa integrated steel plant, marking POSCO's return to Odisha and reinforcing the state's position as a key hub for large-scale steel investments

Metal stocks rally as US-Iran talk hopes lift sentiment; Hind Copper up 6%

Buying in the metal sector came amid an overall positive market amid optimism around progress in US-Iran negotiations, which helped ease geopolitical tensions and lift global investor sentiment

JSW MG Motor sales rise 19% to 6,528 units in March, plans price hikes

JSW MG Motor India on Wednesday reported a 19 per cent year-on-year rise in dispatches to dealers at 6,528 units in March. The wholesales for March reflected sustained momentum across its internal combustion engine (ICE) and new energy vehicle (NEV) portfolios, JSW MG Motor India said in a statement. The company said it will hike prices on the MG SELECT portfolio by up to 7 per cent, effective April 1, 2026, including flagship models such as the MG Cyberster and MG M9. Already, the company has announced a price increase of up to 2 per cent across its MG portfolio, effective April 1, 2026.

JSW MG Motor India to hike prices by up to 2% on select models from April 1

JSW MG Motor India on Monday said it will hike prices of select models by up to 2 per cent from April 1, 2026, to offset rising input costs. The price hike will be on the company's mainline portfolio and will not include premium EV products -- MG M9 and Cyberster -- sold through MG Select channel. "This price revision is aimed at partially offsetting the impact of continuously rising input costs," JSW MG Motor India said in a statement. At present, the company sells a range of internal combustion engine (ICE) and EV vehicles under its MG portfolio, from the Comet EV priced at Rs 4.99 lakh plus Rs 3.2/kmw for battery subscription and Rs 38.33 lakh for the top-end SUV Gloster.

JSW Motors partners Dassault to accelerate EV design and manufacturing

JSW Motors has partnered Dassault Systemes to deploy a digital platform to accelerate EV design, engineering and manufacturing as part of its broader automotive push

JSW MG Motor bets on non-metros to accelerate sales of EV Windsor

With 70 per cent of its best-selling electric vehicle model Windsor coming from non-metros, JSW MG Motor India is stepping up efforts to accelerate sales by leveraging the opportunity through increased awareness, according to a senior company official. The MG Windsor has clocked cumulative sales of about 65,000 units since its launch in October 2024. Of the total sales of the model, four metros -- Delhi, Mumbai, Kolkata, and Chennai accounted for 30 per cent and rest of India contributed to 70 per cent. Commenting on the trend, JSW MG Motor India Chief Commercial Officer, Vinay Raina said EV sales were initially concentrated in metro cities, largely due to limited awareness and the absence of products that truly appealed to the masses. "The introduction of the MG Windsor changed this dynamic and became a key enabler of rapid EV adoption in non-metro cities. It was the right product at the right time -- encouraging customers in these markets to experience a sustainable driving option

JSW unit seeks govt help to secure gas supply amid Iran war shortage

India's small steel producers have warned of production halts due to gas shortages, Reuters reported earlier

JSW Steel to develop coking coal mine in Mozambique for long-term supply

JSW Steel will develop Minas de RevuboA coking coal mine in Mozambique in phases, a company statement said. Located in the Moatize coal basin of the Tete Province, Minas de RevuboA has 850 million tonne (MT) of reserves, and the potential to yield 250 MT of usable coking coal. JSW Steel said it will develop the mine in phases, with the first phase expected to be developed over the next 2.5 years to produce 2.4 million tonne per annum (MTPA) prime hard coking coal. The project is a step towards JSW Steel's backward integration strategy and is expected to provide long-term supply assurance for one of the most critical and cost-intensive inputs in steel manufacturing. India's domestic premium coking coal resources remain limited, making captive overseas sourcing a strategic imperative. "As we grow to 50 MTPA steel capacity in India by 2030, we hope that this asset will provide strategic and diversified raw material security and cushion JSW Steel against volatile global coking coal ..

Akzo Nobel India gets regulatory approval to change name to JSW Dulux

Paints and coatings maker Akzo Nobel India, in which JSW Paints has acquired majority shares, has received approval from Ministry of Corporate Affairs (MCA) to change its name to JSW Dulux. The ministry has approved the name change and granted a fresh Certificate of Incorporation with new name JSW Dulux, according to a regulatory filing from the company. "We wish to inform you that MCA has issued a fresh Certificate of Incorporation pursuant to change of name (dated 11th March 2026) thereby approving the change of name of the company from "Akzo Nobel India Ltd" to "JSW Dulux Ltd" effective 11th March 2026," it said. Following this, the Memorandum of Association and Articles of Association of the company stand consequently amended and altered to reflect the new name of the company as "JSW Dulux Ltd", it added. On December 10, 2025, JSW Paints, part of the USD 23 billion JSW Group, acquired 60.76 per cent shareholding in Akzo Nobel pursuant to the share purchase agreement between JSW

IBBI pushes transparency as CoC decisions in bankruptcy cases draw scrutiny

Recent proposals by the insolvency regulator aim to increase transparency and accountability in the Committee of Creditors' decisions after the Supreme Court flagged gaps in the IBC process

JSW Infra approves equity fundraise to fuel growth, meet MPS norms

JSW Infra will raise up to 25 crore equity shares to support expansion and comply with Sebi's 25% public shareholding rule, as it targets 400 MTPA capacity and major logistics investments