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JSW Group Seeks Volkswagen to Cover $1.4 Billion India Tax Liability

By Uniquetimesorg September 24, 2026 0

JSW Group wants Volkswagen to take responsibility for a $1.4 billion tax liability in India as the two companies negotiate a proposed joint venture for Volkswagen’s passenger vehicle business in the country, Bloomberg News reported on Thursday, citing sources. The companies have reportedly reached a preliminary agreement, but the venture’s valuation and treatment of the Continue Reading

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JSW Group Firms Plan $300 Million Debt Sales

By Uniquetimesorg September 21, 2026 0

Two companies of India’s JSW Group plan to raise a combined ₹28.5 billion ($298 million) through shorter-tenor bonds during the October-December quarter, according to bankers. JSW Energy is expected to raise around ₹15 billion through bonds of up to five years, while JSW Steel could raise about ₹13.5 billion through three- or four-year debt. The […]Continue Reading

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Canada–India Trade Talks Target Year-End Deal

By Uniquetimesorg September 21, 2026 0

Canada is optimistic about concluding negotiations on a Comprehensive Economic Partnership Agreement (CEPA) with India by the end of 2026, Canadian Trade Minister Maninder Sidhu said. The two countries had earlier set a year-end target for reaching a free trade agreement. Indian trade negotiators are expected to visit Canada next month, while the countries’ leaders […]Continue Reading

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VW Seeks Local Indian Partner to Drive Scale and Share Investment Risks

By Uniquetimesorg August 19, 2026 0

Volkswagen (VW) Group expects to finalize a deal with a local Indian partner this year to accelerate its momentum in the world’s third-largest auto market. According to Klaus Zellmer, CEO of VW’s Skoda brand—which oversees the group’s strategy in India—having a partner with strong local roots will strengthen their position and help fund the next […]Continue Reading

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Volkswagen in Talks to Sell Stake in India Unit to JSW

By Uniquetimesorg July 21, 2026 0

Volkswagen AG is reportedly in advanced discussions to sell a stake in its India business to the JSW Group, according to a Bloomberg News report. The proposed investment would bring fresh capital into Skoda Auto Volkswagen India Pvt and strengthen the company’s operations in the fast-growing Indian automobile market. The report said both companies are […]Continue Reading

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IIT Study Backs E20 Petrol, Jindal Defends Ethanol Push

By Uniquetimesorg July 18, 2026 0

JSW Group Chairman and Managing Director Sajjan Jindal has defended India’s E20 and E25 ethanol blending programme, calling it a “pro-India” initiative rather than an anti-consumer measure. He said increasing ethanol blending helps reduce the country’s crude oil import bill, strengthens foreign exchange reserves, supports farmers through higher Continue Reading

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SAIC to Sell Additional 10% Stake in JSW MG Motor India

By Uniquetimesorg May 29, 2026 0

Chinese automaker SAIC Motor is set to sell an additional 10% stake in its Indian joint venture, JSW MG Motor India, to its local partner JSW Group, according to sources familiar with the matter. The move will increase JSW’s shareholding from 35% to 45%, making it the largest individual shareholder in the company, while SAIC’s […]Continue Reading

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Uber and JSW Group Partner to Deploy Custom Electric Vehicles for India’s Ride-Hailing Market

By Uniquetimesorg May 21, 2026 0

Ride-hailing giant Uber has signed an agreement with JSW Group, a prominent Indian steel-to-cement conglomerate, to develop and deploy electric vehicles (EVs) across India. The newly formed partnership aims to design vehicles specifically tailored for the unique demands of the domestic ride-hailing market. By introducing these specialized cars, both companies intend to Continue Reading

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JSW Steel, JFE Seal ₹244.83 Billion Joint Venture Deal

By Uniquetimesorg December 3, 2025 0

JSW Steel has announced the sale of the steel business of its subsidiary, Bhushan Power and Steel, to a newly formed joint venture with Japan’s JFE Steel for ₹244.83 billion ($2.72 billion). The move is part of JSW’s broader strategy to secure funding for its future growth plans. Following the announcement, JSW Steel’s shares dipped […]Continue Reading

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JSW Group’s Copper Business CEO Pankaj Kumar Resigns Amid Strategic Shift

By Uniquetimesorg November 19, 2025 0

Pankaj Kumar, the CEO of JSW Group’s copper business, has resigned as the conglomerate shifts its strategic priorities toward steel and electric vehicles (EVs), according to two sources familiar with the development. Kumar is currently serving his notice period and will remain with the company until the end of December. The sources requested anonymity as […]Continue Reading