JSPL may be split into three companies, says Naveen Jindal
Jindal Power and Steel (JSPL) is looking at splitting its steel, power, and international businesses into three separate entities, Chairman Naveen Jindal has said. The once India's biggest steelmaker by market value is considering the breakup plan as part of a restructuring to help reduce its â¹42,000 crore debt. JSPL posted its first quarterly profit after 3.5 years in August.