Jindal told Moneycontrol that the new venture will be JSW Group’s biggest-ever consumer foray and a multi-billion-dollar bet on electric and new energy vehicles, as the conglomerate looks to localise low-cost EV technology and scale up manufacturing in India.
Jindal told Moneycontrol that drying up of foreign inflows and a weakening rupee have become key risks for Indian companies as investors turn risk-averse amid global uncertainty.
Jindal is known to be a regular at the event, with this year's participation being his eighth time running the half marathon
Centre Court Capital focuses on seed-to-Series A startups across sports, fitness wellness and social gaming, with initial ticket sizes ranging from Rs 8 crore to Rs 24 crore
After India’s 0–2 Test series defeat against South Africa, a number of influential cricketing voices including an IPL franchise owner have suggested that the BCCI should think of appointing separate coaches for red-ball and white-ball teams.
JSW Cement's Parth Jindal said the company would focus on greenfield projects as well as brownfield expansion to reach its near-term capacity target of 41.85 million tonne per annum (MTPA), compared to 20.60 MTPA at the end of FY25.
JSW Paints MD Parth Jindal noted that while AkzoNobel's Dulux has significant market share in the premium segment and JSW Paints has good sales in the value market, the partners will work out the distribution model based on geography
Speaking to Moneycontrol in Davos, Parth Jindal confirmed that JSW Cement is poised to become the group’s fourth listed entity.
Parth Jindal penned an emotional farewell note for Rishabh Pant who played nine years for the Delhi Capitals.
The company, which on Wednesday launched its electric crossover utility vehicle 'MG Windsor' — the first launch after JSW Group invested in MG Motor India — has set a target to introduce a new car every four to six months and is eyeing over 50 percent of its total sales to come from electric vehicles in 2024.
The Indian conglomerate has unveiled an ambitious plan to scale up investments across various business verticals including steel, cement, paints, renewable energy, infrastructure, and automobiles. The planned investment will be funded through a combination of fresh equity, internal accruals, and debt.
JSW Cement has a capacity of 19 million tonnes per annum in India as of September last year
JSW Group and other Indian shareholders have invested Rs 5,000 crore in the JV to enhance capacity expansion and introduction of new car models. Production capacity of MG Motor's Halol facility will be increased to 3 lakh vehicles annually from the current capacity of 1 lakh vehicles.
The move is part of the exercise by ICL to monetise some of its non-core assets for improving liquidity and operating performance.