Page 10 - Jsw Group

JSW Steel arm Periama acquires JSW USA, purchases remaining 10% stake

JSW Steel on Tuesday said its arm Periama Holdings LLC (Periama) has completed the acquisition of JSW USA by purchasing the remaining 10 per cent stake in its "common stock". Periama Holdings LLC (Periama) is a wholly-owned subsidiary of domestic player JSW Steel. "Periama on December 18, 2023 (US time) completed the acquisition by purchase of the remaining 10 per cent stake in the Common stock of JSW USA," the filing said. Consequent to completion of this acquisition, Periama's shareholding in JSW USA has increased from 90 per cent (pre-acquisition) to 100 per cent (post-acquisition) and JSW USA has become a wholly-owned subsidiary of Periama and a step down wholly-owned subsidiary of JSW Steel, it said.

Periama completes acquisition of remaining 10% stake in JSW Steel's USA arm

In October this year, JSW Steel announced that Green Suppliers and Services Pte Ltd has approached Periama about their intention to sell their stake in JSW USA

JSW group stocks decline amidst rape allegation against chairman Jindal

The shares of the group's flagship firm, JSW Steel, fell 1.5 per cent, JSW Holdings fell 1.3 per cent, and Shiva Cement fell 2.4 per cent

Shares of India's JSW Group drop after rape allegation against chairman

Shares of JSW Group fell as much as 5% on Monday, a day after its billionaire Chairman Sajjan Jindal said that local media reports accusing him of rape were "false and baseless".

Mumbai police book JSW Group boss on alleged charges of rape, assault

Sajjan Jindal has called the allegations 'false and baseless'

JSW Group, China's SAIC Motor begin negotiations on royalty fees

China's largest auto firm keen to get higher royalty fee; JSW group wants to go with industry benchmark

Import influx, post-festival slack in demand prompt steel price correction

According to market sources, steel companies have corrected the list price by 2-3 per cent for December to align with the levels at which the market was operating

TMS Ep578: Pre-election rally, JSW, Reliance & Tata e-commerce, My Lord

Will Assembly poll outcome trigger a pre-election market rally? What's behind JSW's entry in auto sector? Why're Reliance & Tata struggling in e-commerce? Why are judges called 'My Lord'? Answers here

JSW group to buy 35% stake in joint venture with SAIC Motor of China

MG Motor India JV to focus on electric vehicles

Rs 5 lakh to Rs 5 crore: JSW Sports eyes golden deals for athletes

According to sources with inside knowledge, Neeraj Chopra has signed brand sponsorships with Under Armour, Gillette, Noise, Tata AIA Life Insurance, Swiss Tourism, and Limca Sportz

MG Motor to overhaul its dealership network, close underperforming outlets

For the financial year ending in 2023, MG Motor India had a 1.26% share in India's passenger vehicle segment

JSW Infra extends gains after strong listing; zooms 41% over issue price

Moody's Investors Service, on Tuesday, upgraded JSW Infra corporate family rating (CFR) and senior secured bond rating to Ba1 from Ba2, and changed the outlook to stable from positive

JSW Infra makes strong debut; extends gain to zoom 32% over issue price

The stock moved higher to Rs 157, up 32 per cent over its issue price of Rs 119, after being listed at Rs 143 on the NSE

JSW Group makes another attempt to scale-up cement, port business

JSW Infrastructure, the group's port division, aims to raise Rs 2,800 crore through an initial public offering (IPO), which closes on Wednesday

JSW Infra IPO subscribed 43%; SME stocks to come under surveillance

Updater Services IPO subscribed 6 per cent on day 1

Brokerages recommend JSW Infra IPO, cite firm's govt contracts among risks

Sajjan Jindal company is the third listing by the JSW Group and it comes after a gap of 13 years

Indian-Canada row: JSW Steel's Teck Resources buy stares at uncertainty

Steel firm was in race to buy Teck Resources' coal unit at a $8 bn valuation

JSW to invest Rs 18,000 crore to expand cement business: Parth Jindal

We have now made a roadmap to scale-up our capacity by three times to 60 million tonnes over the next five years

JSW Group in talks with Chinese carmaker Leapmotor for EV technology

JSW is likely to use a single platform on which it can build at least three mid-sized sport-utility vehicles (SUVs), one of the sources said

JSW group keen to launch car in EV segment at Rs 15-20 lakh price tag

In talks with several Chinese players for tech partnership; in race to buy stake in MG Motor