Page 2 - Sajjan Jindal

Modi govt 3.0 can usher in reforms towards Viksit Bharat: India Inc

With Prime Minister Narendra Modi taking oath for the third time, India Inc on Monday expressed optimism that the new government under his leadership can usher in the next phase of reforms to achieve the goal of Viksit Bharat. Several corporate leaders posted congratulatory messages on X, formerly Twitter, after Modi was sworn in as Prime Minister at the Rashtrapati Bhavan on Sunday, becoming only the second PM after Jawaharlal Nehru to secure a third consecutive term. Vedanta Group Chairman Anil Agarwal tweeted, "Congratulations to @narendramodi ji on being elected Prime Minister of India for the third consecutive time. Bharat has crossed many milestones under your visionary leadership. We are confident that the country will continue on its remarkable growth trajectory!". In a post on X, JSW Group CMD Sajjan Jindal said: "Congratulations @narendramodi ji on assuming office as Prime Minister for the third time, a feat last achieved by Nehru ji. With new cabinet, I am optimistic abou

JSW Infrastructure to enter Adani bastion for piece of commercial cargo

Firm to bid for mega projects like Rs 77,000 crore Vadhavan Port, Rs 44,000 crore Nicobar Port

JSW group, Japan's JFE in race to acquire 30% in Australian mine

Several Indian companies including Tata Power, Adani, and the Essar group had acquired coal mines overseas as part of their strategy to secure their raw material supplies

JSW Group, Volkswagen in talks for electric vehicle joint venture in India

This proposed project with Volkswagen would be distinct from the joint venture already underway with SAIC Motor Corp, wherein JSW Group holds a 35% stake

Jindal-owned JSW plans to produce EVs in Rs 40,000 cr investment push

Sajjan Jindal keen to produce Made in India electric car/CVs

JSW Infra Q3 results: Profit doubles to Rs 251 cr on higher cargo volumes

The company's consolidated net profit rose to Rs 251 crore (about $30 million) in the October-December quarter, from Rs 115 crore a year ago, sending the shares up by 4%

JSW Energy Q3 net profit up 28% at Rs 231 crore, revenue rises 13%

The revenue and Ebitda growth, the company said, was driven by incremental contribution from the renewable portfolio and strong thermal performance, largely driven by a buoyant merchant market

Sajjan Jindal's JSW Cement begins talks with i-bankers for Rs 6k cr listing

The Sajjan Jindal-led JSW group is likely to list its cement business after the general elections

JSW Group's Sajjan Jindal suggests setting industrial parks near airports

Co-chairman of Invest Karnataka Forum (IKF) and JSW Group chairman Sajjan Jindal on Monday suggested setting up industrial parks in areas that are only about a two-hour drive from airports in the state. While participating online in the first reconstituted IKF meeting chaired by Large and Medium Industries Minister M B Patil, Jindal said setting up industrial parks in areas close to airports would attract increased investment. Responding to Sajjan's suggestion, Minister Patil said the government also intended to set up industrial parks in an area of about 5,000 acres to 10,000 acres. It was also decided at the meeting to form sub-groups within IKF to focus on sectoral investment. The meeting reviewed key developments of the past months and deliberated on charting the roadmap for going forward.

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 ...

Ford India keeps comeback plans open, reassessing Chennai plant's future

Companies such as Ola Electric, Hyundai Motor India, Tata Motors, and MG Motor also engaged in multiple rounds of discussions with Ford India's management over the last two years

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".

JSW chief Sajjan Jindal denies allegations of rape, calls them 'baseless'

Media reports said Jindal was accused of rape in a report filed at Mumbai's Bandra Kurla Complex Police Station

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

Sajjan Jindal has called the allegations 'false and baseless'

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

Sajjan Jindal's firm, SAIC Motor to take over MG Motor India: Report

There will be no JSW Group companies involved in the deal and Jindal will participate through his private company

JSW Infrastructure has huge potential to grow its business: Sajjan Jindal

Commercial ports operator JSW Infrastructure, which got listed on the bourses on Tuesday, said it has a huge potential to grow its business and aims to become a global company, JSW Group Chairman Sajjan Jindal has said. Speaking at the listing event, Jindal cited the example of Singapore and said that it is a City-State and handles more cargo than all of India. "We can also create such ports which handle not just our own cargo but also of the countries around us," he said. "We cannot think only India centric, we have to think global and we have to really build ourselves as a global company. So we have to really think at those levels," he said. Jindal further said that India has a large coastline and logistics cost in the country is among the highest in the world. "The cost of transporting goods in India is the highest, So JSW Infra has a huge potential to grow its business to create what the government has created, CONCOR," Jindal said. A Public Sector Undertaking, CONCOR (Contain

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

JSW Group may acquire Ford Motor's Chennai plant to manufacture EVs: Report

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