JSW Group

JSW Group has initiated discussions with private equity firm Carlyle to back its bid for Holcim's Indian cement operations, which include Ambuja Cements and ACC Ltd. The deal could be worth up to $10.6 billion.

JSW Group announced an investment of up to $500 million to set up a one million tonne steel pipe and plates facility in Baytown, Texas, with $3.4 million from the Texas enterprise fund.

JSW Group's 2.4 million tonne capacity cement factory at Salboni, West Bengal, built at a cost of Rs 800 crore, is set to be inaugurated in January 2018. The factory was completed in two years and will create hundreds of jobs.