Read more about Welspun Corp update on business transfer agreement with JSW Steel on Business Standard. Owing to Covid-19 pandemic and the lock-down conditions, the work relating to regulatory approvals got affected and delayed beyond 31 May 2021, though significant progress was achieved in this regard. An amount of Rs 225 crore has already been
Following widespread criticism from its own party MLAs and several petitions pending in various courts, the BJP-led Karnataka cabinet on Thursday made a U-turn by suspending the controversial absolute sale of 3,667 acres of land to JSW Steel Ltd in Ballari. On April 26, the cabinet headed by Chief Minister B.S. Yediyurappa had decided to sell off a whopping 3,667 acres land to JSW Steel, a deal it had opposed in 2019 when it was in the opposition and the ruling Congress-JD(S) coalition government had favoured the lease-cum-sale agreement. One of the major decisions of today s cabinet meeting is to hold back the land deal with JSW company that was taken in the cabinet meeting on April 26, Law and Parliamentary Affairs Minister, Basavaraj Bommai, told reporters while briefing the cabinet decisions.
Read more about JSW Steel Ltd Slides 3.15%, S&P BSE Metal index Drops 1.78% on Business Standard. JSW Steel Ltd has added 3.49% over last one month compared to 11.22% gain in S&P BSE Metal index and 4.76% rise in the SENSEX
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SW Car Supermarket has become the latest car retailer to celebrate a record sales week after reopening its showroom doors following COVID-19 Lockdown 3 .
The Peterborough-based car supermaket operation said it achieved 215 car sales in the first week of physical car sales since the easing of COVID-19 Lockdown 3 , when it was selling around 80 cars a week on average during lockdown.
The dealer said the performance had provided a “much needed boost” for the SW Car Supermarket team.
SW Car Supermarkets chief executive Anton Khan – previously the subject of a dealer profile feature for AM – said: “To give it some perspective, we were selling around 80 cars a week on average during lockdown.