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
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
MG Motor India JV to focus on electric vehicles
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
For the financial year ending in 2023, MG Motor India had a 1.26% share in India's passenger vehicle segment
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
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 Infrastructure, the group's port division, aims to raise Rs 2,800 crore through an initial public offering (IPO), which closes on Wednesday
Updater Services IPO subscribed 6 per cent on day 1
Sajjan Jindal company is the third listing by the JSW Group and it comes after a gap of 13 years
Steel firm was in race to buy Teck Resources' coal unit at a $8 bn valuation
We have now made a roadmap to scale-up our capacity by three times to 60 million tonnes over the next five years
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
In talks with several Chinese players for tech partnership; in race to buy stake in MG Motor
The talks to acquire the Ford plant in Chennai started a couple of months ago and are now in an advanced stage, a report said on Wednesday
JSW Group, which is in talks with MG Motor India to enter the EV space, is also working on a parallel plan to make its own electric vehicles, Chairman Sajjan Jindal said on Friday. Discussions are underway with MG Motor, Jindal said. "We are extremely serious about entering the EV space. MG would be our preferred choice. If it happens, otherwise we are also working parallely to develop our own EV cars," he said on the sidelines of B20 Summit India 2023. EV is an area where JSW Group must enter as it is the future and this is a good time to make foray into this space, Jindal said. In January, JSW Group Chief Financing Officer Seshagiri Rao had told PTI that manufacturing of electric vehicles was being discussed actively at the group level. The group was looking to manufacture electric four-wheelers, Rao had said. JSW Group has a significant presence in sectors like steel, energy, infrastructure, cement, paints, venture capital and sports.
"While we are indeed looking for iron ore and coking coal assets to ensure raw material security, our primary focus is on domestic acquisitions"
Capacity utilisation at Indian operations was at 92% compared to 96% in Q4 FY23 due to maintenance shutdowns
When concluded, the deal will leave at least 51 per cent stake of the company in Indian hands
In October last year, the company had signed another SLL agreement of Rs 400 crore with Japan's Mitsubishi UFJ Financial Group