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STEELMAKERS 2025 CAPEX CUTS
FMCG, healthcare in line for strong show in FY27: BrickworksIndia's consumer goods and healthcare sectors are poised for robust growth this fiscal year, driven by tax relief, increasing consumer spen...- Amazon's operational capex focus drives faster deliveriesAmazon India is injecting over Rs 2,800 crore this year to significantly expand and upgrade its nationwide operations. This investment aims...
- AI boom not shock-proof; chip shortage and weak pass-through weigh: ReportWhile AI boom is supported by strong cash flows, it is not immune to shocks, with chip shortage posing a major risk to the rally, says Nuva...
- Microsoft, AWS deploy engineer armies to help crack AIAWS and Microsoft want to embed thousands of their own engineers at client companies to help them capitalize on artificial intelligence, wh...
- India's June palm oil imports fall to 14-month low as demand softens, dealers sayIndia's palm oil imports plunged to a 14-month low in June, driven by weak consumer demand and a shrinking price advantage over rival oils....
- Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debutThe market for new listings has regained momentum after a bout of volatility triggered by the Iran conflict, with companies reviving IPO p...
- Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debutUber-backed Lime jumped 8% in its Nasdaq debut, valuing the e-scooter and bike rental company at $1.73 billion. The IPO reflects renewed in...
- Tata Group-owned IHCL to invest Rs 6,000-7,500 crore in capex over five years: ChandrasekaranIndian Hotels Company Limited (IHCL) is set to invest between Rs 6,000 crore and Rs 7,500 crore in capital expenditure over the next five y...
- Anupam Misra takes charge as CMD of Hindustan CopperHindustan Copper Ltd has appointed Anupam Misra as its new Chairman & Managing Director, taking over from Sanjiv Kumar Singh. Misra, an IIT...
- Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
- Solvency buffers at insurers thinning; general insurance sector more of a concernThe Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...
- The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chipsDBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, inf...
- Govt extends GST Appellate Tribunal appeal filing deadline to July 31 after portal rushTaxpayers now have until July 31, 2026, to file appeals with the Goods and Services Tax Appellate Tribunal (GSTAT). This extension, a month...
- Govt plans Rs 5,000 crore scheme in 3 months to promote green technologies in steel sectorThe Indian government is set to launch a Rs 5,000 crore scheme within three months to boost clean technologies in steelmaking, aiming to sl...
- Organised dairy sector expected to grow by 200-400 bps in FY27: CrisilIndia's organized dairy sector is poised for accelerated revenue growth of 200-400 basis points this fiscal, driven by consistent volume in...
- India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...
- Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giantsChristopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, bett...
- Missed the FII U-turn? 6 stocks turned multibagger after foreign investors corrected their mistakeForeign institutional investors (FIIs) reversed their selling trend in six select Indian stocks, turning them into multibaggers. Bajaj Cons...
- Railways uses 30% of capex budget in April-MayIndian Railways has impressively achieved nearly a third of its annual capital expenditure target in the first quarter, with over Rs 84,000...
- Steel industry sounds alarm over slow progress on green steelThe global push for green steel faces significant hurdles, with half of planned projects delayed and government support falling drastically...
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