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AION Capital sitting on significant returns from 3-year bet on JSW Ispat

Manufacturing

17 June, 2021

AION Capital sitting on significant returns from 3-year bet on JSW Ispat

Distressed assets-focused private equity firm AION Capital is sitting on significant returns from its three-year bet on JSW Ispat Special ......

Japan's JFE may form electromagnetic steel sheet joint venture with JSW

Manufacturing

07 May, 2021

Japan's JFE may form electromagnetic steel sheet joint venture with JSW

Japan's second-biggest steelmaker JFE Holdings Inc said on Friday it will study feasibility of forming a joint venture with its ......

JSW Steel completes purchase of Welspun unit

Manufacturing

01 April, 2021

JSW Steel completes purchase of Welspun unit

Billionaire Sajjan Jindal-owned JSW Steel has completed the acquisition of Welspun Corp’s steel plates and coil mills division for Rs ......

Indian shares gain over 2% as banks, JSW Steel rise after Bhushan deal

Markets

30 March, 2021

Indian shares gain over 2% as banks, JSW Steel rise after Bhushan deal

Indian shares surged on Tuesday, driven by gains in banks and JSW Steel after the steel conglomerate completed purchase of ......

JSW Steel yanks Bhushan Power out of long-drawn bankruptcy

Manufacturing

26 March, 2021

JSW Steel yanks Bhushan Power out of long-drawn bankruptcy

After over three years of bankruptcy, Bhushan Power and Steel has been bought by JSW Steel for $2.7 billion (Rs ......

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Lenders clear JSW Steel bid for bankrupt Bhushan Power

Infrastructure

05 March, 2021

Lenders clear JSW Steel bid for bankrupt Bhushan Power

After over three years of bankruptcy, Bhushan Power and Steel now stands closer to resolution with lenders okaying JSW Steel’s ......

Grapevine: PTT Group eyes Avaada stake; Dream11 in fundraising talks

General

22 February, 2021

Grapevine: PTT Group eyes Avaada stake; Dream11 in fundraising talks

Thailand’s PTT Group, among others, has shown interest in buying around 22% stake in renewable energy producer Avaada Energy Pvt. ......

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Dark clouds hanging over India Inc scatter at a faster pace

Finance

03 February, 2021

Dark clouds hanging over India Inc scatter at a faster pace

A sliding economy took a toll on India Inc before the coronavirus made things worse in April-June. Corporate results started to ......

Nifty, Sensex fall for second day as China virus fears persist

Markets

28 January, 2020

Nifty, Sensex fall for second day as China virus fears persist

Indian shares on Tuesday gave up early gains to settle lower for a second straight day, as worries persisted about ......

Nifty, Sensex close higher as US-Iran tensions ebb

Markets

09 January, 2020

Nifty, Sensex close higher as US-Iran tensions ebb

Indian shares closed higher as easing US-Iran tensions stabilised oil prices, igniting risk appetite at the world's third-largest oil consumer. US ......