Seshagiri Rao

Seshagiri Rao retires, steps down from JSW Steel board after 24 years

Rao superannuated from the services of the company and consequently stepped down from the board, the company said

JSW Steel plans Rs 20,000-crore capex in FY24 for capacity expansion: Rao

The expansion would take JSW Steel's capacity to around 38 mt

JSW Group mulls foray into EVs, to manufacture 4-wheelers: Seshagiri Rao

Sajjan Jindal-led conglomerate JSW Group is considering a foray into the manufacturing of electric vehicles, according to a top official of the group. "The group had examined EV manufacturing plans earlier also but now it is becoming attractive," JSW Group Chief Financing Officer Seshagiri Rao told PTI. The manufacturing of EVs is being discussed actively at the group level, he said while divulging JSW Group's plan to expand its presence into more sectors. The group is looking to manufacture four-wheelers, Rao said. When asked about details of the manufacturing location, he said it is yet to be decided. On the timeline for the launch of an EV manufacturing facility, he said, "it (plan) is at advanced stages." JSW Group company JSW Steel owns and operates a one million tonne per annum (MTPA) steel plant at Salem in Tamil Nadu. The company manufactures auto-grade steel at Salem plant and supplies the high-value steel to automobile companies including the EVs makers. Besides, the U

Export opportunities limited right now: JSW Steel's Seshagiri Rao

Withdrawal of export duty may not increase volumes will boost sentiment, he says

Financial results in H2FY23 will be better than first half: JSW Steel's Rao

In a Q&A, the Jt MD and CFO of the company says the worst is over as higher volumes, better demand and lower raw material cost play out in the coming quarters

Growth capex to stay despite slow demand; JSW hopes for a rebound in Q3

A combination of factors made the operating environment in Q1 challenging

'Very large' cost hike for steel industry can come next qtr: Seshagiri Rao

Senior executive of JSW Steel sees 'distortions in market' after Russian invasion of Ukraine

JSW Group joins World Business Council for Sustainable Development

JSW will be represented in WBCSD by Seshagiri Rao, Joint Managing Director and Group CFO, who also sits on the board of directors of JSW Steel

Good cycle for commodities will continue: JSW Steel's Seshagiri Rao

Steel prices cannot remain at the same level when coking coal prices have increased, says the senior executive

Back to old normal: Robust demand propels metals to pre-Covid levels

In the third instalment of a four-part series on how some of the defining numbers in key sectors are springing back to the pre-pandemic level, Ishita Ayan Dutt looks at India's metals industry

'Next quarter, there will be a boom in steel demand': JSW Steel Joint MD

Investment in infrastructure by various governments and energy transition are driving demand for steel, says Seshagiri Rao

Prices in India haven't gone up to global level: Seshagiri Rao of JSW Steel

In a Q&A, the firm's Jt MD and CFO says he does not see the govt taking any action on steel import duties, based on 'wild allegations' made on price hikes

Auto demand isn't pent-up, has really come back: JSW Steel's Seshagiri Rao

In a Q&A, the firm's jt MD and group CFO is confident that steel demand will sustain but is sure that the 15-16 mn demand already lost won't be recovered

You will see a completely different JSW Steel in 2022: Seshagiri Rao

In April, there was a shutdown for 20 days. So, the results are actually for two months of operations.In May and June, we were profitable at the total-cost level

Liquidity, labour and logistics are the key challenges: JSW Steel's Rao

Ensuring return of labour as important as sending them back home, says Seshagiri Rao

We aim to bring debt to Ebitda ratio to 3.75: JSW Steel's Seshagiri Rao

Interview with Joint Managing Director and Group Chief Financial Officer, JSW Steel