New Delhi/Mumbai: JSW Steel expects to improve margins in the ongoing fiscal year, driven by cooling input costs, rising steel prices, and enhanced operational efficiencies, Jayant Acharya, joint managing director and chief executive, said. “We had a strong financial year (FY24) in spite of Q4 challenges. We expect that FY25 will continue to be good …
The joint venture between JSW Group and MG Motor aims to recreate the “Maruti moment” in India’s electric vehicle industry, said JSW Group Chairman Sajjan Jindal on Wednesday while announcing a collaboration with China’s SAIC-owned company. “My dream with MG is to create a ‘Maruti moment’. In 1984, when Maruti came to India, it changed …
The JSW group, on Saturday, announced the signing of a memorandum of understanding (MoU) to set up an integrated electric vehicles (EV) and EV battery manufacturing project at Cuttack and Paradip via a ₹40,000 crore investment. Through this MoU, the group made public its strategic entry into the state amid competitive offers from other states. …
Chairman and Managing Director of JSW Group, Sajjan Jindal on Sunday issued a statement denying rape allegations levelled against him. “Sajjan Jindal denies these false and baseless allegations. He is committed to providing full cooperation throughout the Investigation. As the Investigation is ongoing, we will refrain from commenting further at this stage. We kindly request …
JSW Energy Chairman and MD Sajjan Jindal denied allegations of rape against him, calling them “baseless” on Sunday. An official statement issued on Sunday read, “Mr. Sajjan Jindal denies these false and baseless allegations.” “ He is committed to providing full cooperation throughout the investigation. As the investigation is ongoing, we will refrain from commenting …
Renowned steel magnate Sajjan Jindal is reportedly in the process of establishing a significant presence in the Indian auto market. The plan involves acquiring a substantial stake in MG Motor India, a unit of the Chinese company SAIC, and subsequently acquiring Ford’s factory in Chennai through a new entity. Concurrently, Jindal is actively engaged in …
MG Motor India plans to overhaul its dealership network by closing underperforming ones and opening new dealers in newer locations ahead of a potential alliance between its Chinese parent and a private company owned by JSW Group chairman Sajjan Jindal, people aware of the development told ET. The maker of Hector and Astor SUVs also …
MG Motor India plans to overhaul its dealership network by closing underperforming ones and opening new dealers in newer locations ahead of a potential alliance between its Chinese parent and a private company owned by JSW Group chairman Sajjan Jindal, people aware of the development told ET. The maker of Hector and Astor SUVs also …
Mumbai: Ending months of negotiations, JSW Group chairman Sajjan Jindal and Shanghai-based SAIC Motor Corp have finalised the terms of their agreement for a grand alliance involving MG Motor India, the wholly owned arm of the Chinese auto major that owns the British automotive marque Morris Garages, people aware of the cross-border deal told ET. …
Munich: SAIC Motor Corp is weighing multiple options to partner an Indian company for expanding its presence in the growing automobile market, said Chen Hong, chairman of China’s largest automaker. The company didn’t comment when asked about the prospect of an alliance with JSW Group. ET reported in its June 14 edition that a private …