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SESHAGIRI RAO GROUP
JSW Group working on plans to make its own EVs, Chairman says extremely serious about entering EV space"We are extremely serious about entering the EV space. MG would be our preferred choice. If it happens, otherwise we are also working paral...- JSW Group in talks with MG Motor India, BYD India to pick up stakeSajjan Jindal-led conglomerate JSW Group is in talks with MG Motor India to pick up stake in the automobile company, according to sources. ...
- JSW Group mulls foray into EVs, to manufacture 4-wheelersJSW Group company JSW Steel owns and operates a one million tonne per annum (MTPA) steel plant at Salem in Tamil Nadu. The company manufact...
- Expect GST to reduce costs: Seshagiri Rao, JSW SteelIn an exclusive interview with ET Now, Seshagiri Rao, Joint MD & Group CFO, JSW Steel, said he expects at least 0.25 rate cut would happen.
- Can spend Rs 6.5K-crore for acquisition, expansion: JSW Steel"We are capable of spending up to USD one billion per annum without increasing debt on capacity expansion and acquisitions," JSW Steel Join...
- Have stimulating domestic demand for steel now: Seshagiri Rao of JSW SteelOne more very important point is regard to the policy intervention is concerned the fabrication of the structural steel.
- Rising input costs to push up steel prices: Seshagiri Rao, Group CFO & Jt MD, JSW Steel"Iron ore prices were also expected to come down when it went above $60 but we are not seeing a significant correction," Rao said.
- Andhra Bank launches saving schemes for children, teenagersAndhra Bank, Kakinada zonal manager S Seshagiri Rao said that 'AB Little Stars' scheme has been launched for children in age group of 10-15...
- JSW Steel has performed well in a challenging environment: Seshagiri Rao'In an environment such as this, showing an overall improvement is commendable from the JSW Steel point of view.'
- Capgemini India bags deal from JSW groupCapgemini today said its Indian arm has bagged a contract from JSW group for designing and implementing a Shared Services Center (SSC).
- JSW Steel to raise $600 million from overseas marketThis will also reduce the interest outgo of the firm through reduction in average interest cost, he added.
- Supreme Court upholds ruling in Sandur case, rejects reviewThe central government, JSW and Kalyani had sought a review of the Sandur ruling.
- JSW Steel denies charges of understating debtJSW Steel denied charges of understating its debt saying that classification of its assets and liabilities are in compliance with Indian ac...
- No cut in interest rates a big disappointment for India Inc: Seshagiri Rao, JSW SteelRight now, there is no pricing power in the industry, no growth at all. Every sector in the industry is suffering. Hence, there is a need t...
- Steel demand in H2 FY12 has been better than H1 FY12: Seshagiri Rao, JSW SteelThe overall demand growth in India in the first 10 months of this financial year is close to 4.7%. Demand in the second half is far better.
- JSW Steel aggressively eyes overseas acquisitions: CFOSeshagiri Rao, Joint MD & Group CFO, JSW Steel, in an interview with ET Now talks about steel sector and its outlook. Excerpts:
- JSW to set up Rs 1,900 cr cement plant by 2011Sajjan Jindal-led JSW Group today said its "multi-locational" Rs 1,900-crore cement plant with an annual production capacity of 5 million t...
- JSW likely to come up with an IPOSajjan Jindal-owned JSW Energy may go for an Initial Power Offer to raise funds for its ambitious plans to step up power generation capacit...
- JSW Steel gets shareholder's nod to raise $1 bn via QIPJSW Steel, the country's largest private steel producer, has got shareholders' approval for raising about Rs 4,775 crore through qualified ...
- JSW Steel to invest Rs 17,718 crSteel maker JSW will invest more than Rs 17,000 crore to increase production capacity to 10 million tons by 2010, amid reports it was consi...
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