JSW Steel will sell 50 per cent stake in its subsidiary Bhushan Power and Steel (BPSL) to JFE Steel Corporation for ₹15,750 crore, to form an equal joint venture at an equity value of ₹31,500 crore, ...

Nomura has maintained its 'Buy' rating on JSW Steel and Jindal Steel, raising target prices by 7 per cent and 6 per cent, respectively, reflecting improving medium-term earnings visibility in the ...

Morgan Stanley has maintained its 'equal-weight' rating on JSW Steel Ltd. following the company's March-quarter earnings, which were broadly in line with expectations. The brokerage noted that while ...

The slump sale of BPSL’s steel business and the corresponding transfer of liabilities remove an estimated Rs 37,250-crore debt from JSW Steel’s consolidated books. JSW Steel’s decision to move Bhushan ...

In a deal that is expected to ease its stretched balance sheet while sustaining an expansion drive, billionaire Sajjan Jindal-led JSW Steel will transfer the steel assets of Bhushan Power & Steel Ltd ...

Shares of Tata Steel and JSW Steel rallied sharply on Wednesday, closing 2.35 per cent and 4.88 per cent higher, respectively, after the government imposed a three-year safeguard duty on steel imports ...