28 Jul, 2010

Japan's JFE to invest Rs 4,800 cr for 14.99% stake in JSW Steel

In perhaps one of the largest investments in the Indian steel sector, Japanese major JFE Steel Corporation will pick up 14.99 per cent in JSW Steel for Rs 4,800 crore. The deal will provide JFE a foothold in India and help JSW Steel retire some


Source: The Hindu Business Line

Company: JSWSL