Who is the founder of JSW?
Sajjan Jindal, the reclusive 60-year-old billionaire chairman of JSW Group, began his career with a steel plant in 1982 and is now head of the country's largest steel company, JSW Steel.
Naveen Jindal (born 9 March 1970) is an Indian billionaire industrialist, and a former Member of Parliament, Lok Sabha from Kurukshetra, Haryana in the 14th and 15th Lok Sabha. He currently serves as the Chairman of Jindal Steel and Power Limited and Chancellor of O. P. Jindal Global University.
JSW Steel is part of US$ 22 billion O.P. Jindal Group. JSW Steel Ltd was originally incorporated as Jindal Vijayanagar Steel Ltd on March 15 1994.
Though Tata Steel's total revenue is nearly twice that of JSW Steel, its revenue has grown at a CAGR of 17.2% against 23.5% of JSW Steel in the last five years.
Sajjan Jindal-owned JSW Steel is now the largest steel maker in the country ahead of long-time market leader Steel Authority of India (SAIL).
Relative Value. Savitri Jindal's net worth of $14.1B can buy ...
Jindal Steel & Power scored higher in 10 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Senior Management, Compensation & Benefits, Career Opportunities, CEO Approval, Recommend to a friend and Positive Business Outlook.
Steel Authority of India Limited (SAIL) is the largest steel-making company in India and one of the seven Maharatna's of the country's Central Public Sector Enterprises.
Is Jsw a big company?
The US$ 22 billion JSW Group is ranked among India's leading business houses. JSW's innovative and sustainable presence in various sectors including Steel, Energy, Infrastructure, Cement, Paints, Venture Capital and Sports is helping the Group play an important role in driving India's economic growth.
JSW Steel is rated 3.9 out of 5, based on 3.4k reviews by employees on AmbitionBox. JSW Steel is known for Job Security which is rated at the top and given a rating of 4.0. However, Career growth is rated the lowest at 3.3 and can be improved.
1. Tata Steel Ltd. One of India's biggest steelmakers, Tata Steel, was founded in 1907 by Jamshed Ji Tata.
Companies that rely on export markets were hit hard by falling steel prices around the world. JSW Steel, one of India's largest steel producers, said in its latest earnings release that the export duty imposed in May 2022 has reduced the company's exports by 62% year-on-year and 37% quarter-on-quarter. "
"The outlook of Tata Steel is better than JSW steel from long term perspective.
We can see that JSW Steel Limited (NSE:JSWSTEEL) does use debt in its business.
-Prime Minister National Award for Excellence in Urban Planning & Design for Township 2005 -Company has changed its name from Jindal Vijayanagar Steel Ltd. to JSW Steel Ltd 2006 -JSW gets new CEO -JSW sings supply contract with BOC -JSW Steel has won the CIO 100 - Giant 100 Honouree 2006 (IT Award).
Forbes top 100 richest Indian billionaires: Gautam Adani tops the list, Mukesh Ambani at second spot.
Savitri Jindal was named the richest Indian woman in 2022 with a net worth of over 16.4 billion U.S. dollars. Vinod Rai Gupta, the mother of Anil Gupta, who runs Havells India, came second in the rankings.
- Gautam Shantilal Adani.
- Mukesh Ambani.
- Radhakishan Damani.
- Cyrus Poonawala.
- Shiv Nadar.
- Savitri Jindal.
- Dilip Shanghvi.
- Hinduja Family.
How many mines are there in JSW?
We currently possess 13 iron ore mines (nine in Karnataka and four in Odisha), which can significantly support our raw material requirements.
JSW Group, formerly known as Jindal South West (JSW), is an Indian business conglomerate diversified in steel, mining, energy, infrastructure, and software business. JSW was founded by Sajjan Jindal in 1982.
| BalanceSheet - JSW Steel Ltd. | ||
|---|---|---|
| Rs (in Crores) | ||
| Share Capital | 301.00 | 301.00 |
| Reserves & Surplus | 63200.00 | 38061.00 |
| Net Worth | 63501.00 | 38362.00 |
JSW Steel Ltd. had last split the face value of its shares from Rs 10 to Rs 1 in 2016. The share has been quoting on an ex-split basis from Jan. 4, 2017.
With 41% returns in a year, Jindal Steel shares have outperformed peers such as JSW Steel (11.24%), Hindalco (minus 4.61%), Tata Steel (minus 1.14%) and NMDC (minus 12.67%).
- Tata Steel Ltd Headquarters. India. No. of employees. 72,551. Revenue. $33.0B. ...
- Steel Authority of India Ltd Headquarters. India. No. of employees. 62,181. Revenue. $14.0B. ...
- Maharashtra Seamless Ltd Headquarters. India. No. of employees. XXXX. Revenue. ...
- VISA Steel Ltd Headquarters. India. No. of employees. XXXX. Revenue.
| RANK | COMPANY | TONNAGE 2021 |
|---|---|---|
| 1 | China Baowu Group (1) | 119.95 |
| 2 | ArcelorMittal (2) | 79.26 |
| 3 | Ansteel Group (3) | 55.65 |
| 4 | Nippon Steel Corporation (4) | 49.46 |
The biggest steel producing country is currently China, which accounted for 57% of world steel production in 2020.
Lakshmi Mittal serves as chairman of $76.6 billion (revenue) ArcelorMittal, the world's largest steel and mining company by output. Hailing from a steel clan, he separated from his siblings to start Mittal Steel then went on to merge the company with France's Arcelor in 2006.
| Type | Conglomerate |
|---|---|
| Area served | Worldwide |
| Key people | Sajjan Jindal (Chairman) Sangita Jindal (Chairperson, JSW Foundation) Parth Jindal (MD,JSW Cement) Seshagiri Rao MVS (CFO) |
| Revenue | $22 billion |
| Number of employees | 55,000 |
Who is brand ambassador of JSW?
JSW Steel ropes in Rishabh Pant as brand ambassador.
With 14 locations in India and a strong international presence in the USA and Europe, we're striving towards the strongest technological empowerment.
JSW Steel Ltd. quote is equal to 768.550 INR at 2023-01-14. Based on our forecasts, a long-term increase is expected, the "Jsw Steel Ltd" stock price prognosis for 2028-01-07 is 1615.817 INR. With a 5-year investment, the revenue is expected to be around +110.24%.
JSW Group is an Indian multinational conglomerate, based in Mumbai. It is led by Sajjan Jindal and part of the O.P. Jindal Group. The Group's diverse businesses include Steel, Energy, Mining, Ports, and Cement, across India, the United States, South America, and Africa.
The company produces steel through backward integration from its own captive coal and iron-ore mines. In terms of tonnage, it is the third largest private steel producer in India and only private player in India to produce rails.
With a culturally diverse workforce spread across India, USA, Europe and Africa, JSW Group directly employs nearly 40,000 people.
Companies that rely on export markets were hit hard by falling steel prices around the world. JSW Steel, one of India's largest steel producers, said in its latest earnings release that the export duty imposed in May 2022 has reduced the company's exports by 62% year-on-year and 37% quarter-on-quarter. "
Savitri Jindal was named the richest Indian woman in 2022 with a net worth of over 16.4 billion U.S. dollars. Vinod Rai Gupta, the mother of Anil Gupta, who runs Havells India, came second in the rankings.
What is Jindal famous for?
Jindal law school ranked 76 out of all law schools globally in the QS World Rankings 2021. The university was again ranked as the number 1 private university in India in QS World Rankings 2022. The university has also been granted the status of Institute of Eminence by the Government of India in 2020.
| US$ 18 Bn JSPL is part of the illustrious US$ 18 billion OP Jindal Group | US$ 2.68 Bn JSPL turnover as on 31st March, 2016 |
|---|---|
| 6.75 MTPA Installed steel-making capacity (India & Oman) | 5058 MW Total power generation capacity |
VR Sharma, the then-managing director of JSPL, had said in an interview that the company will repay its entire overseas debt by September and become net debt free by 2023.