SAJJAN JINDAL
West Bengal CM Suvendhu Adhikari to apoint coordinators in Municipal Corporation wards from December 1
West Bengal Chief Minister Suvendu Adhikari announced the appointment of coordinators within municipal wards starting December 1. He criticised opposition parties for obstructing the electoral process due to fear of defeat and highlighted long-standing civic service deprivations. Adhikari pledged to approach the Supreme Court regarding delays in the Kolkata Municipal Corporation elections. Municipal officials are unable to fully substitute elected representatives, according to the Chief Minister.
West Bengal may get 1 lakh crore investments in a few months: Suvendu Adhikari
Suvendu Adhikari said the BJP-led government would offer incentives starting May 9, but would be unable to clear the industrial incentives backlog of nearly Rs 50,000 crore owing to the state's debt burden of Rs 8 lakh crore. He promised to clear the backlog once West Bengal becomes a financially stronger state like Gujarat, Maharashtra and Tamil Nadu in the next two years.
Sajjan Jindal likely to lay foundation of second Bengal unit in January, says CM Suvendu Adhikari
Chief Minister Suvendu Adhikari announced discussions with industrialist Sajjan Jindal regarding investments in West Bengal. Jindal plans to conduct a bhumipujan for his second unit in January 2027. The meeting focused on potential investments in various sectors including power and steel. Jindal also expressed intentions to engage in ITI skill training initiatives. Additionally, he plans to renovate several temples in coordination with the government.
JSW Group's Sajjan Jindal meets Bengal CM Suvendu Adhikari to discuss investment plans
Sajjan Jindal's JSW Group had signed a historic agreement during the Left Front regime in 2007 to set up a mega integrated steel, power, and cement complex in West Midnapore's Salboni, which was around Rs 35,000 crore, it was the single largest private investment ever pledged to West Bengal at the time.
Volkswagen freezes India EV investment as JSW partnership talks continue
Volkswagen has paused further investment in its India electric-vehicle programme pending greater clarity on a potential partnership with Sajjan Jindal’s JSW Group. The German automaker has completed preliminary design work using a low-cost EV platform developed for China but awaits a clearer business plan. The pause could delay its India EV push as competition intensifies and affordable electric-car sales accelerate.
Devil's in the diesel, get E-truckin'
To wean India off its crude oil addiction or make any structural dent to air pollution, electrifying our freight fleets are a no-brainer. Niti Aayog says road freights alone accounts for more than a quarter of India’s oil-import expenditure. But E-cars or green city buses alone won’t charge the collective imagination for a once-in-a-lifetime EV push: We need to green our highways. But first distortions in the duties need to be fixed.
- Go To Page 1
With JSW by its side, Volkswagen to put India expansion plans on the fast track
Volkswagen Group is preparing a broad overhaul of its India strategy after its proposed alliance with JSW Group, covering sourcing, production, vehicle launches and dealer expansion. Skoda Auto acting CEO Holger Peters told employees the partnership would accelerate scale and competitiveness, with two locally assembled electric vehicles planned within two years.
Shiva Cement to merge with JSW Cement; board approves 5:41 swap ratio
The board of JSW Cement has approved a scheme of arrangement, including the amalgamation of Shiva Cement with and into JSW Cement, the company said in a late-night filing on Tuesday.
COEP Tech, JSW to invest over Rs 800 crore in battery R&D centre in Pune
COEP Technological University and JSW Projects will invest over Rs 800 crore to establish an Advanced Battery Research and Development Centre at COEP Tech's Chikhali Research Park in Pune. The two-phase facility will develop and validate indigenous lithium-ion, sodium-ion and other advanced-chemistry cells, potentially creating more than 1,000 battery ecosystem jobs.
JSW wants Volkswagen to bear $1.4 billion India tax bill in JV deal
In a push for collaboration, JSW Group is insisting that Volkswagen AG take on a significant tax liability that is still unresolved in India. While an initial agreement has been made, fundamental issues remain to be addressed prior to finalizing their partnership. Volkswagen is keen on tapping into India’s growing automotive market following unsuccessful earlier discussions.
JSW Greentech targets top three CV spot, 100,000 units by 2030
Electric truck sales in the N3 category (12 to 55 tonne) rose from about 850 units in FY26 to around 1,300 in the first five months of FY27, helped by state EV policies in Maharashtra and Haryana, sector-specific deployments in cement and steel, and rising diesel and CNG prices.
India’s no. 2 paintmaker Berger Paints plans expansion to fend off Birla, JSW
Berger Paints is strengthening its market position against new competitors. The company plans new luxury paint lines and expanding its exclusive outlets. It is also investing in new manufacturing facilities in eastern India. This strategy aims to counter pricing wars and secure market share. The Indian paint sector anticipates growth driven by urbanization and real estate.
JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talks
JSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expanded product offerings and deeper localisation. The agreement initiates exclusive negotiations with a target final deal by end of 2026. The proposed alliance will operate through a new entity separate from existing JSW ventures.
Volkswagen to fire 12% of its India workforce amid major cost overhaul
Volkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve percent by 2027. This move seeks to lower costs before the next investment cycle begins. The automaker is also considering a deal for a controlling stake by JSW Group. These actions reflect global pressures on Volkswagen amid slowing demand.
JSW Infrastructure promoter entity pares 2% stake for Rs 1,210 crore
Sajjan Jindal Family Trust divested a 2% stake in JSW Infrastructure for ₹1,210 crore to comply with SEBI's minimum public shareholding norms. The Singapore government acquired an additional 0.9% stake for ₹531 crore. Following the transaction, the Trust's holding decreased to 78.72%, while promoter group ownership fell to 83.62%.
Sajjan Jindal Family Trust plans Rs 1,200 crore stake sale in JSW Infra to meet MPS norms
Sajjan Jindal Family Trust plans to sell JSW Infrastructure shares worth up to Rs 1,200 crore via a block deal, offering 42 million shares at a floor price of Rs 288 per share. This move aims to meet SEBI's minimum public shareholding requirements.
Assam CM Himanta Biswa Sarma invites JSW Group MD Sajjan Jindal to Advantage Assam 2.0 summit
Assam Chief Minister Himanta Biswa Sarma met JSW Group Chairman Sajjan Jindal and invited him to the Advantage Assam 2.0 summit in Guwahati. Sarma also had a courtesy meeting with India's Vice President Jagdeep Dhankhar. Prime Minister Narendra Modi will be the Chief Guest at the summit on February 25.
Steel magnate Sajjan Jindal could soon become a strong force in 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 discussions with the Chinese auto company Leapmotor to secure a technology license for manufacturing electric vehicles.
MG Motor to recast dealer network ahead of deal with Sajjan Jindal Co
MG Motor India is planning to revamp its dealership network by closing underperforming dealerships and opening new ones in different locations. The move comes ahead of a potential alliance between MG Motor's Chinese parent company and a private firm owned by Sajjan Jindal, chairman of JSW Group.
JSW Group firm Forma shuts operations
The company's MD Tarini Jindal Handa -- daughter of steel magnate Sajjan Jindal -- had announced plans of investing around Rs 250 crore over the next five years to become one of the top five readymade furniture brands in India.
The time of India has come and nobody can stop it: Sajjan Jindal, JSW Group
In the last five years, we have not seen any real big bad news, says chairman of JSW Group.
Sajjan Jindal's JSW entering Essar Steel battle with Numetal?
Sources say the cash rich JSW is likely to be a minority investor in the Numetal consortium, but will hold operational control.
Right to Recompense to banks should be put in place to bid for stressed assets: Sajjan Jindal
A Right to Recompense is a tool by which banks, that take large haircuts on the debts for stressed assets during resolution, can recover the sacrifice they make in due course of time.
JSW Steel sets sights on acquisitions in US
"Our experience with overseas investments has not been very good, therefore, we are very careful before we step out to overseas," chairman Sajjan Jindal said.
JSW Energy wants to consolidate the sector in power: Sajjan Jindal, JSW Steel
"There are a lot of stressed assets in the country and the idea is to consolidate and whatever asset is worthwhile we will consolidate."
Why luxury automakers must heed Sajjan Jindal's 'wake up' advice
If BMW and Mercedes-Benz do not wake up to the reality, they will also go the Kodak, Xerox way, says Sajjan Jindal.
When Sajjan Jindal turned singer, sang 'Satte Pe Satta'
At a function related to son Parth’s wedding, the JSW Steel Chairman did a rendition of a Satte Pe Satta hit.
JSW to pay brand licence fee to promoter Sajjan Jindal's wife Sangita Jindal
JSW will pay about Rs 125 cr annually to Sajjan Jindal's wife Sangita as licence fee for using "JSW" brand, which belongs to a company owned by her.
How JSW Steel's Sajjan Jindal turned steel king to ore pauper in 4 months
Sajjan Jindal's JSW Steel has no captive mines and its supply contracts with NMDC have been annulled. It now has to depend entirely on auctions.
Load More
