JSW's revised offer stands at Rs 193.5 billion in the second round of bidding, up from Rs 110 billion
JSW Steel through its wholly-owned subsidiary in Italy acquired 100 per cent stake in Aferpi for Euro 55 million
Sources close to the development said the CoC on Friday gave time to the bidders to revise their offers by 9 am on July 31
Increased volumes, better realisations in both overseas and domestic market lend strong support to bottom line
Monnet Ispat will merge with the parent "to sell products under JSW brand"
JSW is also investing in iron ore and coking coal mines, as part of a de-risking strategy
JSW Steel, India's biggest steelmaker in terms of domestic capacity, failed to outbid rival Tata Steel in March for bankrupt steelmaker Bhushan Steel
Caution is necessary while bidding (for stressed assets). We will be looking at the cycle average rather than looking at the current situation, said Rao
JSW Vijayanagar Works is the largest single location steel manufacturing unit in India
The integrated steel-making unit in Ohio was acquired as part of the recently concluded Acero Junction Holdings deal
Acero Junction Inc, an integrated steel manufacturing unit with a potential capacity of 3 million tonne per annum, is located in Ohio
Bank of America-Merrill Lynch is handling the sale, which it aims to complete by the end of 2018
The acquisition would help JSW Steel expand its reach in the specialised steel market, especially in the automobile sector
JSW Steel is a part of the diversified JSW Group, which has presence in steel, energy, infrastructure, cement and JSW Ventures
JSW Steel is a part of the diversified JSW Group, which has presence in steel, energy, infrastructure, cement and JSW Ventures
Arcelor Mittal, one of the world's largest steel players, has nothing in India. It has sold its stake in Uttam Galva
JSW Steel has been declared as an eligible resolution applicant, says Seshagiri Rao, joint managing director and group chief financial officer
At present, the JSW mill's capacity utilisation is less than 30%
The capex plan, which will be completed by March 2020, includes setting up a melt manufacture contiguous plate and pipe facility in Texas
Company has shown interest in three assets keeping minority stake, ring-fencing itself from their liabilities