Sajjan Jindal - Wander City

Sajjan Jindal-led JSW Steel becomes world’s most valuable steelmaker with over $30 billion market cap – The Times of India

alishpagda08@gmail.com5 months ago03 mins

JSW Steel is now ahead of US-based Nucor Corp, which held a market capitalisation of $29.92 billion. Sajjan Jindal-led JSW Steel has achieved a significant milestone by becoming the world’s highest-valued steelmaker, with its market capitalisation exceeding $30 billion on Tuesday.The impressive performance of JSW Steel’s stocks is attributed to a broader upward trend among…

JSW to buy green energy business of O2 Power for $ 1.4 billion – Times of India

alishpagda08@gmail.com8 months ago02 mins

NEW DELHI: Sajjan Jindal-promoted JSW Energy on Friday announced an all-cash deal to acquire green energy business of O2 Power, backed by Swedish private equity firm EQT and Singapore’s state investment arm Temasek, for Rs 12,468 crore, or about $1.4 billion.The largest acquisition by JSW is part of its strategy to achieve 20 gigawatts (GW)…