In Short : JSW Group, under the leadership of Chairman Sajjan Jindal, has announced plans to double its investments in Tamil Nadu. This strategic move reflects the company’s commitment to fostering economic growth in the region, contributing to infrastructure development, and creating opportunities for employment and business expansion. In Detail : Heaping praise on the […]
JSW Group plans to sell minor stake in Neo Energy for $500 M – EQ Mag
JSW Group is trying to generate up to $500 million by selling a minority position in JSW Neo Energy, a listed JSW Energy subsidiary. One person, who asked to remain anonymous since the conversations are confidential, stated that the steel and energy group had chosen Standard Chartered Bank to serve as the sell-side advisor for […]
JSW Group exploring possibilities to acquire coking coal mines in offshore markets: Sources – EQ Mag
JSW Steel is into manufacturing steel through the blast furnace route, a process that requires coking coal as a key raw material. NEW DELHI : Homegrown firm JSW Group is exploring possibilities to acquire coking coal mines in offshore markets, industry sources said. The steel-to-infrastructure group is exploring the mineral assets in countries like Australia […]
JSW Group in talks with MG Motor India, BYD India to pick up stake – EQ Mag
‘JSW Group is in talks with MG Motor India and BYD India. The early talks are for picking up stake,’ said the report Sajjan Jindal-led conglomerate JSW Group is in talks with MG Motor India to pick up stake in the automobile company, said a report on Monday. The steel-to-sports group is also exploring purchase […]
JSW Group mulls foray into EVs, to manufacture four-wheelers – EQ Mag
The group is looking to JSW Group, Rao said. When asked about details of the manufacturing location, he said it is yet to be decided. JSW Group mulls foray into EVs, to manufacture 4-wheelers New Delhi, Jan 1 (PTI) Sajjan Jindal-led conglomerate JSW Group is considering a foray into the manufacturing of electric vehicles, according […]
JSW Group mulls foray into EVs, to manufacture 4-wheelers – EQ Mag
JSW Group is considering a foray into the manufacturing of EVs. JSW Group company JSW Steel owns and operates a one million tonne per annum (MTPA) steel plant at Salem in Tamil Nadu. Sajjan Jindal-led conglomerate JSW Group is considering a foray into the manufacturing of electric vehicles, according to a top official of the […]
JSW Group signs exclusive deal to buy Mytrah Energy for $2 billion – EQ Mag Pro
Mytrah has an operational renewable energy portfolio with 2.3GW of capacity. Indian multinational conglomerate JSW Group has reportedly entered an exclusive agreement to acquire energy company Mytrah Energy India Private for an enterprise value of $2bn. Based in Hyderabad, India, Mytrah is understood to have a 2.3GW operational portfolio that includes 1.7GW of wind capacity […]
Sembcorp, Enfinity, JSW Group make the cut for Mytrah Energy – EQ Mag Pro
Barclays Bank is currently managing the sale after an earlier deal with private equity firm KKR fell through NEW DELHI : Singapore’s Sembcorp Industries Ltd, Enfinity Global Inc. and JSW Group have been shortlisted to acquire green energy producer Mytrah Energy India Pvt. Ltd in a deal potentially worth around $2 billion in enterprise value, […]
JSW Group to pay up to ₹3 lakh incentive for employees to buy EV – EQ Mag Pro
EV policy will come into force from January In a first of its kind initiative, JSW Group has unveiled a green initiative —JSW Electric Vehicle — for its employees across India. The new policy will facilitate up to ₹3 lakh incentive for employees to purchase electric vehicles — four- and two-wheelers. The EV policy will […]
JSW Group launches employee-friendly electric vehicle policy across country – EQ Mag Pro
Company will give financial incentives, free-of-cost dedicated charging stations and parking slots at its plants. The JSW Group will facilitate up to Rs 3 lakhs as incentive for its employees to purchase electric four- and two-wheelers, seeking to help India’s Nationally Determined Contributions (NDCs) and Sustainable Development Scenarios (SDS) of the International Energy Agency (IEA). […]