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, 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
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
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
