JSW Auto: JSW Group appoints Rajiv Mehta as Chief of mobility arm

JSW Auto: JSW Group appoints Rajiv Mehta as Chief of mobility arm

JSW Group on Tuesday said it has appointed Rajiv Mehta as Chief of Business of its mobility arm JSW Auto. Based out of the company’s headquarters in Mumbai, Mehta will report to Parth Jindal and also work very closely with Sajjan Jindal, Chairman of the JSW Group. “Mehta comes on board at JSW Auto at … Read more

JSW Cement files DRHP for Rs 4,000 crore IPO. Check details

JSW Cement files DRHP for Rs 4,000 crore IPO. Check details

JSW Cement, part of Sajjan Jindal’s JSW Group, has filed its draft red herring prospectus (DRHP) with capital markets regulator Sebi to raise funds through an IPO worth Rs 4,000 crore. The issue comprises a fresh equity sale of Rs 2,000 crore and an offer for sale (OFS) of Rs 2,000 crore. Under the OFS, … Read more

mg motor india: MG Motor India looks to expand network in tier III, IV to drive next phase of growth

mg motor india: MG Motor India looks to expand network in tier III, IV to drive next phase of growth

MG Motor India is driving towards tier III and IV cities of the country with plans to establish 100 new touchpoints by the end of the ongoing fiscal year as part of its strategy to fuel the next phase of growth, a senior company official said on Wednesday. With JSW Group coming in as an … Read more

We will create a Maruti moment with MG: Sajjan Jindal

We will create a Maruti moment with MG: Sajjan Jindal

JSW MG Motor India Pvt Ltd – the newly formed entity owned by Sajjan Jindal owned JSW Group and SAIC’s MG Motor India – plans to sell a million units of the new energy vehicles (NEVs) by 2030, said Sajjan Jindal, chairman JSW Group. “With MG we can create a new energy Maruti moment, Jindal … Read more

MG 2.0: JSW sets wheels rolling for JSW MG Motor India to give India another ‘Maruti moment’

MG 2.0: JSW sets wheels rolling for JSW MG Motor India to give India another ‘Maruti moment’

JSW Group and Chinese automotive manufacturer SAIC Motor-owned MG Motor India on Thursday kickstarted their joint venture that will produce both electric and internal combustion engine cars to capture a large chunk of Indian market that is primarily dominated by Maruti and Tata Motors. Parth Jindal unveiled the new brand identity for JSW MG Motor … Read more

MG Motor-JSW: MG Motor India anticipates accelerated growth path with JSW Group’s investment, says CEO Emeritus Rajeev Chaba

MG Motor-JSW: MG Motor India anticipates accelerated growth path with JSW Group’s investment, says CEO Emeritus Rajeev Chaba

MG Motor India is set to achieve accelerated growth with the support of JSW Group as an investor, according to CEO Emeritus Rajeev Chaba. The company has already established a strong foundation in technology, customer experience, gender diversity, and community service. Now, MG Motor India is looking forward to the next phase of growth, reported … Read more

ford: Ford drives out of deal to sell Tamil Nadu plant to JSW

ford: Ford drives out of deal to sell Tamil Nadu plant to JSW

Ford Motor Co. unexpectedly abandoned plans to sell its Tamil Nadu plant, its sole remaining factory site in the country, after finalising a deal with the Sajjan Jindal-led JSW Group recently, said people with knowledge of the matter. The decision fuelled speculation that the US company may be considering a re-entry into the world’s third … Read more