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JSW Group history
JSW Group company history timeline
On 5 October 2013 JSW Steel executed a Business Transfer Agreement with Heidelberg Cement India Ltd. for the acquisition of its cement grinding facility at Raigad Maharashtra as a going concern on slump sale basis.
Severstal bought Piombino-based Aferpi (then known as Lucchini SpA) from Severstal in 2014.
On 22 February 2016 JSW Steel announced that credit rating agency ICRA has revised its long term rating on the back facilities and non-convertible debentures of the company downward by one notch.
Prior to being appointed in the current role in July 2017, he was working with JSW Steel Ltd.
On 26 March 2018 JSW Steel announced that its US subsidiary JSW Steel (US) Inc and the Office of Governor Texas USA have signed a Memorandum of Cooperation to develop and augment the steel industry in Texas.
The transaction is subject to fulfilment of conditions precedent and other terms as per the Stock Purchase Agreement with a long stop date of 31 May 2018.
2018: Signs JV agreement with JFE for Indian auto steel production.
2018: Buys 100% stake in Italy's Aferpi for Euro 55 million.
2018: Invests $150m in first tranche for greenfield Texas plant.
JISPL - formerly known as Monnet Ispat & Energy Limited (MIEL) - was acquired by JSW Steel in 2018 through bankruptcy resolution proceedings.
Jindal has been awarded on many global platforms for his contribution and commendable work and has been recognized “CEO of the Year 2019” by Business Standard (India’s leading business publication) & “Best CEO Award 2019” by Business Today Magazine.
2019: Announces sale of significant stake in Geo Steel.
2020: In February 2020, JSW Steel emerged as the preferred bidder for three iron ore mines in Odisha with estimated reserves of 1092 million tonnes.
At 1.79 million, demat accounts opened in June fewest since Feb 2021
01 October 2021.In accordance with the Share Subscription Agreement entered into with JSW Paints Private Limited on 23 July 2021 the Company has agreed to invest Rs.750 crore in JSW Paints Private Limited.
2022: Announces plan to merge JISPL and CSSL subsidiaries.
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JSW Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Fahe | 1980 | $3.4M | 30 | - |
| Glenmede | 1956 | $130.3M | 200 | 40 |
| Dave Ramsey | 1992 | $20.0M | 240 | - |
| Bitcoin.com | 2017 | $290.0M | 3,000 | 5 |
| SIFMA | 1912 | $11.0M | 125 | 6 |
| DFJ | 1985 | $1.6M | 20 | - |
| WisdomTree Investments | 2006 | $249.9M | 204 | 4 |
| Eastdil Secured | 1967 | $17.5M | 100 | 1 |
| The Financial Executives Networking Group | 1991 | $499,999 | 58 | - |
| Dynasty Financial Partners | 2010 | $5.1M | 75 | 35 |
JSW Group history FAQs
Zippia gives an in-depth look into the details of JSW Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about JSW Group. The employee data is based on information from people who have self-reported their past or current employments at JSW Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by JSW Group. The data presented on this page does not represent the view of JSW Group and its employees or that of Zippia.
JSW Group may also be known as or be related to JSW Group and Jsw Group.