https://www.taxtmi.com/news?id=68053 The Commission approved the transfer of Bhushan Power and Steel Limited's steel business to JSW Sambalpur by way of a slump sale, and JFE Steel Corporation's acquisition of 50% of JSW Kalinga, producing an indirect 50% holding in JSW Sambalpur; JSW Kalinga and JSW Sambalpur will be operated as a 50:50 joint venture between JFE and JSW Steel Ltd. en-us Wed, 21 Jan 2026 09:52:53 +0530 Wed, 21 Jan 2026 09:52:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=68053 The Commission approved the transfer of Bhushan Power and Steel Limited's steel business to JSW Sambalpur by way of a slump sale, and JFE Steel Corporation's acquisition of 50% of JSW Kalinga, producing an indirect 50% holding in JSW Sambalpur; JSW Kalinga and JSW Sambalpur will be operated as a 50:50 joint venture between JFE and JSW Steel Ltd. News - Wed, 21 Jan 2026 09:52:53 +0530 https://www.taxtmi.com/news?id=68053