JSW Group Wins Copper Mine Contract to Invest Rs 26 Bn

29 Jan 2025 CW Team

Hindustan Copper has awarded a contract for the establishment and operation of a copper concentration plant. The JSW Group will invest Rs 26 billion in the project, marking a strategic move into the non-ferrous metals mining sector. The two mines involved in the project are expected to commence operations in the second half of FY27.

In addition, the JSW Group has committed to investing Rs 3 trillion in Maharashtra, as part of a broader initiative to foster industrial growth and sustainable development. This investment, which spans sectors such as steel, renewable energy, electric vehicles (EVs), battery manufacturing, and cement, was announced at the World Economic Forum (WEF) in Davos on January 21, 2025. The Government of Maharashtra will support the initiative by fast-tracking clearances, providing fiscal incentives, and ensuring access to critical resources, including land, water, and power.

News source: CNBC TV18

Resources

11 May 2026

JSW One Elevates Mayank Gupta as CFO

JSW One Platforms has elevated Mayank Gupta as Chief Financial Officer as the company strengthens its leadership team to support its next phase of growth and institutional expansion.Gupta, who earlier served as Chief Operating Officer, has played a key role in scaling the company’s integrated commerce, supply chain and finance ecosystem. In his new role, he will oversee strategic finance, treasury, governance, capital allocation and financial planning.Gaurav Sachdeva, Joint Managing Director and CEO, JSW One Platforms, said Gupta’s operational understanding and financial expertise make him..

India and EU Launch 15.2 Million Euro EV Battery Recycling Initiative

India and the European Union launched a third coordinated call for proposals on the recycling of electric vehicle batteries under the India-EU Trade and Technology Council Working Group two on five May 2026, with submissions due on 15 September 2026. The initiative is aimed at securing critical raw materials and accelerating the transition to a circular economy while deepening bilateral relations. The announcement was made by officials from the Office of the Principal Scientific Adviser and the European Commission. The call has a combined funding pool of 15.2 million euros (15.2 mn euros) and ..

Aptus Value Posts Strong FY26 Results And Asset Quality

Aptus Value Housing Finance India Limited on six May 2026 reported results for the quarter and year ended 31 March 2026. Assets under management (AUM) stood at Rs 131.07 bn, up 21 per cent year on year. The company said improved field execution and sustained demand supported the growth. Disbursements in the fourth quarter were Rs 12.42 bn, up 17 per cent year on year, and full year disbursements were Rs 40.09 bn, up 11 per cent. Total income for FY26 was Rs 22.46 bn, up 25 per cent, and net profit for the year was Rs 9.43 bn, a rise of 26 per cent. Quarterly net profit was Rs 2.61 bn. For the ..