Jsw Group

JSW Infra's QIP attracts seven-fold demand with ₹50,350 cr in bids

Sajjan Jindal-promoted JSW Infrastructure's qualified institutional placement (QIP) received bids worth over Rs 50,350 crore, nearly seven times the indicative issue size of up to Rs 7,503 crore, according to merchant bankers handling the issue. The QIP, launched on June 22, witnessed strong participation from leading domestic and global institutional investors, suggesting robust appetite for the country's ports and logistics infrastructure story. The company planned to raise up to Rs 7,502.7 crore through a QIP of 23 crore fresh equity shares, alongside an offer for sale (OFS) of 3.32 crore shares by the promoter. At the floor price of Rs 285 per share, the fresh issue is valued at Rs 6,555 crore and the OFS at Rs 947.7 crore. The shares were offered at a floor price of Rs 285 apiece, representing a 7.2 per cent discount to the company's June 22 closing price of Rs 307.25 on the BSE. According to merchant bankers, the company plans to utilise the proceeds from the fresh issue to f

JSW Infra soars 5%, nears 52-week high; outperforms market; here's why

JSW Infra outperformed the market by surging 11% in the past week and rallying 20% in the past month.

JSW Realty seeks ₹1,600 crore loan from Tata Capital for Mumbai project

The developer is seeking the five-year loan to fund an office project near Mumbai's Bandra business district

JSW's new energy vehicle bet hinges on technology and battery tie-ups

Having tied up with a Chinese company to produce cars, can JSW snag another such deal to make lithium-ion batteries?

The 30 GWh road map: JSW locks in $1.3 billion Li-ion cell plant plan

JSW Group plans a 30 GWh lithium-ion cell plant with a joint venture partner, investing over $1.3 billion to localise battery production for its new energy vehicle business

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.

Godrej, JSW, Lodha and Sattva family offices back SILA's platform

These are secondary investments, and the selling shareholders are angel investors

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

Uber, JSW Group team up to develop EVs for India's ride-hailing market

Partnership will focus on developing and deploying locally tailored electric vehicles as Uber expands its electric mobility push in India

JSW Cement Q4 result: Net profit jumps tenfold to ₹371 cr on strong demand

India's demand for cement accelerated 6 per cent-7 per cent year-on-year in January and February due to strong growth, but moderated in March

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's crude production dips 1% to 2.118 million tonnes in April

JSW Steel reported a marginal decline in April crude steel production as operations were impacted by the temporary shutdown of Blast Furnace-3 at Vijayanagar for capacity expansion

Tata, JSW Group to invest nearly $1 billion in EV, battery technologies

Tata Group and JSW Group are separately funding research and development centers aimed at building in-house expertise in next-generation battery technologies and advanced EV systems

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

25 firms join pre-bid meet for ₹7,280 crore rare earth magnet scheme

At least 25 companies, including JSW Group, Vedanta, Hindustan Zinc Ltd (HZL) and NLC India, participated in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnet called by the heavy industries ministry on Tuesday, sources said. The government will select a maximum of five entities through the bidding, with each entity setting up facilities of up to 1,200 MTPA, aggregating to a total of up to a maximum capacity of 6,000 MTPA. "We welcome the Ministry of Heavy Industries' forward-looking scheme to promote rare earth permanent magnet manufacturing, a crucial component for industries like EV, aerospace, defence, and consumer electronics. We are assessing the opportunity as this initiative aligns with our focus on critical minerals and presents a horizontal expansion opportunity," a Vedanta Spokesperson told PTI. On March 20, the heavy industries ministry invited bids for setting up manufacturing facilities for 6,000 metr

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 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