Page 8 - Jsw Group

Mcap club 2023: Tata group remains No 1; Murugappa, JSW in top 10

Ambani's group mcap is Rs 19.42 trillion at the end of CY23, up 10.7 per cent from the Rs 17.6 trillion a year ago

JSW Group to double investments in Tamil Nadu: Chairman Sajjan Jindal

Noted industrialist and Chairman of the diversified conglomerate JSW Group Sajjan Jindal on Sunday said his company is planning to double the investments made in Tamil Nadu across sectors over the next few years. Jindal, who is here to take part in the Global Investors' Meet organised by the Government of Tamil Nadu said JSW as a group has invested Rs 15,000 crore in the state till date. JSW Group has a presence in Tamil Nadu with its JSW Steel and JSW Energy businesses. Heaping praise on the ruling DMK government, Jindal said Tamil Nadu has been a pioneer in the development of industries and continues to provide the right ecosystem that nurtures entrepreneurship with innovation at its core. Tamil Nadu's growth across sectors, especially automobile, auto-components, fertilisers, sugar, textiles and Information Technology has helped position India as a frontrunner on the global map, he said. Jindal also remarked that the state has the highest number of factories manufacturing ...

Tata Electronics to sign deal worth over Rs 12,000 cr with TN govt: Report

Reports suggest that Tata Electronics is gearing up to invest Rs 7,000 crore in the expansion of its Hosur plant, spread over a six-year timeline

South Western Railway, JSW enter into agreement for iron ore transportation

South Western Railway (SWR) and JSW Minerals Rail Logistics Private Limited entered into an agreement on Friday for operation of five special type of wagons with 'side discharge' arrangement for unloading, officials said. It will be put to use for transportation of iron ore from the mines at Mineral Enterprises Ltd Siding, Sasalu and Swamihalli to the steel plant of JSW at Tornagallu. This is in addition to seven rakes for which agreement was signed on October 17, they said. In a statement, SWR officials said, "Total 12 BOBSNS (Bogie open hopper wagons with bottom discharge arrangement to carry ballast ores) rakes shall be procured by JSW Minerals Rail Logistics Private Limited. The rake is manufactured by Titagarh Rail System Limited, Kolkata and the first rake is expected to operate from April, 2024." JSW Minerals Rail Logistics Private Limited is investing Rs. 29.57 crore per rake. A rebate of 10 per cent is granted to the customer on base freight for every booking, it ...

Ford Motor cancels deal to sell its Tamil Nadu plant to JSW Group

The JSW Group had finalised an agreement to buy the Ford plant for around $100 million, but Ford called off the deal as it is no longer looking to sell the factory

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