JSW Steel Plans to Sell 50% Stake of Bhushan Power & Steel to Japan’s JFE for ₹15,000–16,000 Crore
JSW Steel Plans to Sell 50% Stake: In a major development in India’s steel sector, JSW Steel Ltd is reported to be in advanced negotiations to sell a 50% stake in its subsidiary Bhushan Power & Steel Ltd (BPSL) to Japan’s JFE Steel Corporation. The deal value is estimated at approximately ₹15,000‑16,000 crore, according to multiple sources. This…