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JSW Group
JSW Group is an Indian multinational conglomerate, based in Mumbai. It is led by Sajjan Jindal and part of the O.P. Jindal Group. The Group's diverse businesses include steel, energy, infrastructure, cement and paints, across India, the United States, South America, and Africa. Group companies * JSW Steel – JSW Steel has one of the world's largest single blast furnaces with a capacity of 4.8 MTPA. JSW's overall installed capacity is 23 MTPA. * JSW Energy – JSW Energy has a power generation capacity of 4531 megawatts. *JSW Infrastructure – Based in Mumbai, its primary business interests are in the development of infrastructure for ports, roads, and rail connectivity. * JSW Cement – JSW Cement has a capacity of 17 MTPA. *JSW Paints – On 2 May 2019, JSW Group established JSW Paints with a total investment of , with 250 of equity investment and a ₹350 crore debt investment from Axis Bank. *JSW Ventures – JSW Ventures is the venture capital arm of JSW Group which inv ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premi ...
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JSW Energy
JSW Energy Limited is an Indian power company engaged in power generation, transmission and trading. It is part of JSW Group. In 2015, JSW Energy acquired two of Jaypee Group's hydropower plants, with a combined capacity of 1,391 MW, for 9,700 crore. Operations JSW Energy has 5,681 MW of operational generating capacity. In addition, it has power generation projects at an early stage under development with a proposed combined installed capacity of 8,630 MW. Power plants * JSW Vijayanagar Power Station, Toranagallu village in Bellary district, Karnataka. It is a 1460 MW (2x130,4x300 MW) plant. * JSW Ratnagiri Power Station, Nandiwade village near Jaigad in Ratnagiri district, Maharashtra. It is a 1200 MW (4x300 MW) plant. * JSW Barmer Power Station, Bhadresh village in Barmer district, Rajasthan. It is a 1080 MW (8x135 MW) plant. *Karcham Wangtoo Hydroelectric Plant, Kinnaur district, Himachal Pradesh. It is a 1,091 MW hydropower plant commissioned in 2011, acquired in 2015 * ...
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Indian Super League
The Indian Super League (ISL) is an Indian professional league for men's association football clubs. At the top of the Indian football league system, it is the country's primary football competition. Organised by the All India Football Federation (AIFF), and their commercial partners Football Sports Development Limited (FSDL), it is officially known as Hero Indian Super League for sponsorship ties with Hero MotoCorp. The league currently comprises 11 clubs. Each season of the tournament generally runs from October to March. During the league stage of the competition, each club plays against all the other clubs in a round-robin style. At the end of the league stage, the team with the most points gets declared the Premiers and presented with a trophy named League Winners Shield, along with the runners up to play in the play-offs, while the next best four clubs qualify to play qualifying playoffs to join the top two in the playoffs. The season then culminates with the ISL Fin ...
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GMR Group
GMR Group is an Indian multinational conglomerate headquartered in New Delhi. The group was founded in 1978 by Grandhi Mallikarjuna Rao (G M Rao) and comprises several companies including GMR Infrastructure, GMR Energy, GMR Airports, GMR Enterprises. Employing the public-private partnership model, the Group has implemented several infrastructure projects in India. The Group also has a global presence with infrastructure operating assets and projects in several countries including Nepal, Indonesia, Singapore, Philippines and Greece. GMR Group owns, develops, operates and manages airports, major energy utilities, highways and urban infrastructure facilities. With a net asset base of nearly US $6 billion, GMR Group is one of the largest infrastructure development companies in India. Background GMR Group chairman Grandhi Mallikarjuna Rao, a first-generation entrepreneur hailing from Rajam in Srikakulam District in Andhra Pradesh, pledged $340 million, which is equivalen ...
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Delhi Capitals
Delhi Capitals (formerly Delhi Daredevils) are a franchise cricket team based out of Delhi in the Indian Premier League (IPL). The franchise is jointly owned by the GMR Group and the JSW Group. The team's home ground is Arun Jaitley Stadium, located in New Delhi. The team is captained by Rishabh Pant and coached by Ricky Ponting. The Capitals appeared in their first IPL final in 2020. Franchise history The IPL is a cricket league organised by the Board of Control for Cricket in India (BCCI) and backed by the International Cricket Council (ICC). The inaugural tournament was held in April–June 2008, in which BCCI finalised a list of eight teams who participated in the tournament. The teams represented eight different cities in India, including Delhi. The teams were put up for auction in Mumbai on 20 February 2008, and the Delhi team was bought by the property development company GMR Group for US$84 million. In March 2018, GMR sold a 50% stake in the Delhi Daredevils to ...
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Indian Premier League
The Indian Premier League (IPL), also known as TATA IPL for sponsorship reasons, is a men's T20 franchise cricket league of India. It is annually contested by ten teams based out of seven Indian cities and three Indian states. The league was founded by the Board of Control for Cricket in India (BCCI) in 2007. Brijesh Patel is the incumbent chairman of IPL. It is usually held annually in summer across India between March to May and has an exclusive window in the ICC Future Tours Programme. The IPL is the most-attended cricket league in the world and in 2014 was ranked sixth by average attendance among all sports leagues. In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube. The brand value of the IPL in 2022 was . According to BCCI, the 2015 IPL season contributed to the GDP of the Indian economy. So far there have been fifteen seasons of the IPL tournament. The current IPL title holder franchise is Gujarat Titans, winning t ...
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Early Stage Innovation Company
An early stage innovation company is a concept created on 1 July 2016 in Australia originally proposed by Wyatt Roy's Policy Hackathon run by BlueChilli in 2015. An ESIC is able to attract early-stage investment capital from investors who are able to attract various taxation incentives, thereby enhancing the attractiveness of an ESIC to investors. Eligible investors include Australian tax residents and non-residents. A summary of the tax incentives states " The new tax incentives will provide eligible investors with: * a 20 percent non-refundable carry-forward tax offset on amounts invested in qualifying ESICs, with the offset capped at $200,000 per investor per year (on an affiliate-inclusive basis); and * a 10-year exemption on capital gains tax for investments held as shares in an ESIC for at least 12 months, provided that the shares held do not constitute more than a 30 per cent interest in the ESIC. The tax incentives are designed to promote this culture by connecting rele ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial " seed funding" round. The firs ...
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Paints
Paint is any pigmented liquid, liquefiable, or solid mastic composition that, after application to a substrate in a thin layer, converts to a solid film. It is most commonly used to protect, color, or provide texture. Paint can be made in many colors—and in many different types. Paint is typically stored, sold, and applied as a liquid, but most types dry into a solid. Most paints are either oil-based or water-based and each has distinct characteristics. For one, it is illegal in most municipalities to discard oil-based paint down household drains or sewers. Clean-up solvents are also different for water-based paint than they are for oil-based paint. Water-based paints and oil-based paints will cure differently based on the outside ambient temperature of the object being painted (such as a house.) Usually, the object being painted must be over , although some manufacturers of external paints/primers claim they can be applied when temperatures are as low as . History Paint was ...
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Cement
A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel (aggregate) together. Cement mixed with fine aggregate produces mortar for masonry, or with sand and gravel, produces concrete. Concrete is the most widely used material in existence and is behind only water as the planet's most-consumed resource. Cements used in construction are usually inorganic, often lime or calcium silicate based, which can be characterized as hydraulic or the less common non-hydraulic, depending on the ability of the cement to set in the presence of water (see hydraulic and non-hydraulic lime plaster). Hydraulic cements (e.g., Portland cement) set and become adhesive through a chemical reaction between the dry ingredients and water. The chemical reaction results in mineral hydrates that are not very water-soluble and so are quite durable in ...
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Infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and private physical structures such as roads, railways, bridges, tunnels, water supply, sewers, electrical grids, and telecommunications (including Internet connectivity and broadband access). In general, infrastructure has been defined as "the physical components of interrelated systems providing commodities and services essential to enable, sustain, or enhance societal living conditions" and maintain the surrounding environment. Especially in light of the massive societal transformations needed to mitigate and adapt to climate change, contemporary infrastructure conversations frequently focus on sustainable development and green infrastructure. Acknowledging this importance, the international community has created policy focused on susta ...
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Energy
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any o ...
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