Amid reports suggesting that JSW Group plans to move its Rs 40,000 crore Electric Vehicle and Battery project from Odisha to Maharashtra, Odisha’s Chief Minister Mohan Majhi has denied these claims. Ranjan Nayak, JSW’s executive vice president, confirmed that the company is still committed to the Odisha project and will proceed once land is allocated. ...
 "JSW Group commits to its Rs 40,000 crore EV project in Odisha, amid rumors of relocating to Maharashtra, despite delays.")
The JSW Group has confirmed it is not withdrawing its proposed Rs 40,000 crore electric vehicle (EV) and battery project from Odisha, despite media reports suggesting a shift to Maharashtra. Ranjan Nayak, an executive from the company, emphasized their commitment to the original plan, which includes setting up a significant manufacturing facility and related units ...
 "JSW MG Motor India launches the MG Windsor, shifting focus to electric vehicles, aiming for over 50% EV sales by 2024.")
JSW MG Motor India is shifting its focus towards electric vehicles (EVs) and away from traditional internal combustion engine (ICE) vehicles. Parth Jindal, the company director, announced the launch of the MG Windsor electric crossover, which marks their commitment to new energy vehicles. Bookings for the Windsor start on October 3, with deliveries beginning October ...
 "JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.")
JSW Energy’s subsidiary, JSW Neo Energy, has secured a 600 MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Company (MSEDCL). This new project boosts JSW Energy’s total locked-in generation capacity to 18.2 GW, which includes a hybrid capacity of 3.8 GW. The company aims to increase its installed generation capacity to 10 GW ...
 "JSW Cement’s ₹4,000-Crore IPO Halted by Sebi: What’s Next?")
JSW Cement’s planned Rs 4,000-crore initial public offering (IPO) has been put on hold by the Securities and Exchange Board of India (Sebi) without clarification on the reasons. The company, part of the diversified JSW Group, initially filed the IPO documents on August 16, which included a new issue and an offer-for-sale by existing shareholders. ...
Today’s Current Affairs: The Q4 earnings season is in full swing with key updates from top companies like Maruti Suzuki, Wipro, Infosys, HCL Technologies, and more. Market participants are closely watching the performance of players like JSW Steel, ZEE, Godrej Industries, and many others. Stay tuned for announcements from Jyoti CNC Automation, Trident, Data Patterns, ...
Today’s Current Affairs: JSW Steel Reports 64.66% Dip in Net Profit for Q4 JSW Steel Ltd, a major player in the steel industry, reported a significant 64.66% year-on-year dip in net profit for the fourth quarter that ended in March 2024. The company’s revenue from operations also saw a decline, falling by 1.5% compared to ...
Today’s Current Affairs: The Q4 earnings season is in full swing with notable companies like Maruti Suzuki, Wipro, Bajaj Finserv, Infosys, TCS, and more already releasing their financial results. Market participants are eagerly watching the performance of JSW Steel, Shipping Corporation of India, NHPC, Godrej Industries, and others. Meanwhile, updates on companies like ZEE, Phoenix ...
