#jsw-steel

Praggnanandhaa Wins Tata Steel Masters After Thrilling Tiebreaker Against Gukesh
In a dramatic conclusion to the 2025 Tata Steel Masters, R Praggnanandhaa emerged victorious after a tense tiebreaker against fellow Indian player D Gukesh. Both players finished the 13th and final round tied at the top with 8.5 points each, despite suffering surprising losses in the final round—Gukesh lost to Arjun Erigaisi, and Praggnanandhaa fell to Vincent Keymer. This set the stage for an exc
Praggnanandhaa Wins Tata Steel Masters After Thrilling Tiebreaker Against Gukesh
In a dramatic conclusion to the 2025 Tata Steel Masters, R Praggnanandhaa emerged victorious after a tense tiebreaker against fellow Indian player D Gukesh. Both players finished the 13th and final round tied at the top with 8.5 points each, despite suffering surprising losses in the final round—Gukesh lost to Arjun Erigaisi, and Praggnanandhaa fell to Vincent Keymer. This set the stage for an exc

Union Government Announces Rs 11,440 Crore Revival Package for Visakhapatnam Steel Plant
In a significant development for the Visakhapatnam Steel Plant (Vizag Steel), the Union Government has announced a Rs 11,440 crore financial package to revive the struggling plant. This decision, approved by the Cabinet Committee on Economic Affairs (CCEA) under the leadership of Prime Minister Narendra Modi, marks a critical step towards revitalizing the steel plant that has been facing severe financial chal
Union Government Announces Rs 11,440 Crore Revival Package for Visakhapatnam Steel Plant
In a significant development for the Visakhapatnam Steel Plant (Vizag Steel), the Union Government has announced a Rs 11,440 crore financial package to revive the struggling plant. This decision, approved by the Cabinet Committee on Economic Affairs (CCEA) under the leadership of Prime Minister Narendra Modi, marks a critical step towards revitalizing the steel plant that has been facing severe financial chal

India Should Focus on FTA and China-Specific Safeguards for Steel Imports
India's government is investigating rising steel imports, particularly in two categories of flat-rolled steel products (HS 7208 and 7210), which account for over 75% of the surge in imports. Instead of implementing global safeguards, experts suggest that India should focus on Free Trade Agreement (FTA)-specific safeguards and measures targeting China. Many imports come duty-free under FTAs with coun
India Should Focus on FTA and China-Specific Safeguards for Steel Imports
India's government is investigating rising steel imports, particularly in two categories of flat-rolled steel products (HS 7208 and 7210), which account for over 75% of the surge in imports. Instead of implementing global safeguards, experts suggest that India should focus on Free Trade Agreement (FTA)-specific safeguards and measures targeting China. Many imports come duty-free under FTAs with coun

Central Government Takes Steps to Halt Disinvestment of Visakhapatnam Steel Plant Amid Protests
As part of its commitment to the NDA coalition's promises made prior to the elections, the central government is actively working to halt the disinvestment process of the Rashtriya Ispat Nigam Limited (RINL), commonly known as the Visakhapatnam Steel Plant. Under the leadership of Chief Minister Chandrababu Naidu, there are ongoing efforts to ensure the plant remains operational amid concerns over financial viability and raw material shortages. Recent reports indicate that the B
Central Government Takes Steps to Halt Disinvestment of Visakhapatnam Steel Plant Amid Protests
As part of its commitment to the NDA coalition's promises made prior to the elections, the central government is actively working to halt the disinvestment process of the Rashtriya Ispat Nigam Limited (RINL), commonly known as the Visakhapatnam Steel Plant. Under the leadership of Chief Minister Chandrababu Naidu, there are ongoing efforts to ensure the plant remains operational amid concerns over financial viability and raw material shortages. Recent reports indicate that the B

MSTC Finalizes Strategic Disinvestment of Ferro Scrap Nigam Ltd. to Konoike Transport
MSTC Ltd. has officially signed a share purchase agreement with Konoike Transport Co. Ltd. for the strategic disinvestment of Ferro Scrap Nigam Ltd. (FSNL), marking a significant milestone in the privatization process. This agreement comes after the Indian government approved the sale to the Japanese corporation for Rs 320 crore, exceeding the reserve price of Rs 262 crore set by the government based on valuation assessments. The announcement was made by the Secretary of the Departm
MSTC Finalizes Strategic Disinvestment of Ferro Scrap Nigam Ltd. to Konoike Transport
MSTC Ltd. has officially signed a share purchase agreement with Konoike Transport Co. Ltd. for the strategic disinvestment of Ferro Scrap Nigam Ltd. (FSNL), marking a significant milestone in the privatization process. This agreement comes after the Indian government approved the sale to the Japanese corporation for Rs 320 crore, exceeding the reserve price of Rs 262 crore set by the government based on valuation assessments. The announcement was made by the Secretary of the Departm

"Savitri Jindal Secures Third Victory in Hisar Assembly Constituency, Defeating BJP and Congress Rivals"
Savitri Jindal, the independent candidate and India’s richest woman, has achieved a remarkable victory in the Hisar Assembly constituency, defeating BJP's Kamal Gupta and Congress candidate Ram Niwas Rara by a margin of 18,941 votes. Expressing her gratitude, Jindal took to X, stating, “Abhaar Hisar Parivar” (Gratitude to the family of Hisar). At 74, Jindal's latest win marks her third successful campaign in Hisar, having previously won the seat in 2005 and
"Savitri Jindal Secures Third Victory in Hisar Assembly Constituency, Defeating BJP and Congress Rivals"
Savitri Jindal, the independent candidate and India’s richest woman, has achieved a remarkable victory in the Hisar Assembly constituency, defeating BJP's Kamal Gupta and Congress candidate Ram Niwas Rara by a margin of 18,941 votes. Expressing her gratitude, Jindal took to X, stating, “Abhaar Hisar Parivar” (Gratitude to the family of Hisar). At 74, Jindal's latest win marks her third successful campaign in Hisar, having previously won the seat in 2005 and

Central Government Steps In to Revive Vishakapatnam Steel Plant Amid Shutdown Fears
Amid growing concerns about the potential shutdown of Rashtriya Ispat Nigam Limited’s Vishakapatnam Steel Plant, the central government has intervened with crucial financial assistance aimed at reviving operations. Speculations had intensified after the closure of Blast Furnace BF-3, Annapurna, which sparked outrage among employees. The situation is dire, with only one of the three furnaces, Krishna, currently operational, and its available cooking coal expected to last only a few more
Central Government Steps In to Revive Vishakapatnam Steel Plant Amid Shutdown Fears
Amid growing concerns about the potential shutdown of Rashtriya Ispat Nigam Limited’s Vishakapatnam Steel Plant, the central government has intervened with crucial financial assistance aimed at reviving operations. Speculations had intensified after the closure of Blast Furnace BF-3, Annapurna, which sparked outrage among employees. The situation is dire, with only one of the three furnaces, Krishna, currently operational, and its available cooking coal expected to last only a few more

JSW MG Motor Reduces Electric Car Costs with Innovative Battery-as-a-Service Model
JSW MG Motor Pvt. Ltd. has made a groundbreaking move in the electric vehicle market by reducing the upfront acquisition cost of its cheapest electric car to under Rs 5 lakh. This reduction is achieved through an innovative battery-as-a-service (BaaS) program that unbundles the battery cost from the vehicle's price. The joint venture between India’s JSW Group and China’s SAIC Motor Co. has rolled out this program for its MG Comet and MG ZS EV models, making electric vehicle ow
JSW MG Motor Reduces Electric Car Costs with Innovative Battery-as-a-Service Model
JSW MG Motor Pvt. Ltd. has made a groundbreaking move in the electric vehicle market by reducing the upfront acquisition cost of its cheapest electric car to under Rs 5 lakh. This reduction is achieved through an innovative battery-as-a-service (BaaS) program that unbundles the battery cost from the vehicle's price. The joint venture between India’s JSW Group and China’s SAIC Motor Co. has rolled out this program for its MG Comet and MG ZS EV models, making electric vehicle ow

TDP Coalition Government Faces Major Test Amidst Vizag Steel Plant Privatization Controversy
The TDP coalition government, which was formed three months ago, is currently facing a significant challenge with the ongoing privatization of the Vizag Steel Plant (VSP). The central government's push for privatization has led to strong opposition from workers' unions, who have intensified their agitation against the move. Despite their relay hunger strikes and protests, the central government remains steadfast in its privatization agenda. In a recent devel
TDP Coalition Government Faces Major Test Amidst Vizag Steel Plant Privatization Controversy
The TDP coalition government, which was formed three months ago, is currently facing a significant challenge with the ongoing privatization of the Vizag Steel Plant (VSP). The central government's push for privatization has led to strong opposition from workers' unions, who have intensified their agitation against the move. Despite their relay hunger strikes and protests, the central government remains steadfast in its privatization agenda. In a recent devel