JSW Steel Ltd.

JSW Steel is in talks to buy Bhushan Steel's Odisha steel unit and is also looking at buying out promoters' stake in Bhushan invested company, Orissa Sponge. Total enterprise value for the deal is being worked out at Rs 30,000 crores.

Further, this deal will take the total steel making capacity of company close to 20 million tonnes which is the largest by any domestic steel company in the Indian market.

JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.