Sensex 29182.95 -498.82 -1.68%
Nifty 8808.9 -143.45 -1.6%
Nirmal Kumar Jain has resumed in JSW Energy Ltd as Vice Chairman and has been appointed on of the Board of the Company with effect from January 21, 2010 as Additional Whole Time Director after a sabbatical of almost one year.
Born in 1946, N.K. Jain holds a Bachelor's degree in commerce. He is a Fellow member of The Institute of Chartered Accountants of India and The Institute of Company Secretaries of India. He has over 40 years of experience in the areas of mergers and acquisition, finance, legal, capital structuring. He has a keen interest in management development and human resource training.
Mr. Jain, who joined JSW Group in 1992, held positions of increasing responsibility including being Director Finance in 1994, deputy MD & CEO in 1996 and Executive Vice Chairman of Jindal Iron & Steel Co Ltd in 2001 till it was merged into and formed as JSW Steel Limited. He was also on the Board of Company as Vice - Chairman from 1999 till 2008.
He is currently the Chairman of South West Port Limited and JSW Jaigarh Port Limited and serving on the Board of Jindal South West Holdings Limited, JSW Infrastructure Limited and JSW Aluminium Limited.
During his tenure with JSW Group Mr. Jain has contributed tremendously to JSW Group in many areas, including leading the JSW Group in its new ventures such as Energy, Infrastructure and Aluminum, apart from spearheading various successful assignments for Steel business. His deep knowledge of all aspects of the business has been extremely helpful.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.