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JSW Cement eyes 60 MTPA capacity as it targets top-five position in India
JSW Cement plans a significant expansion to reach sixty million tonnes capacity. The company will ramp up capacities and enter new markets simultaneously. It aims to strengthen its GGBS business and improve cost competitiveness. Digital adoption and sustainability initiatives will also be accelerated. JSW Cement projects itself as a pan-India company with future growth.
Rajesh Exports’ PLI-ACC future to be decided this week
There is a clause in the 2021 scheme's request for proposal to set up battery capacity that allows the ministry of heavy industries to disqualify a company.
Strong revenue growth fails to shield India Inc margins in March quarter
Corporate India's March 2026 quarter results showed a mixed performance. While revenues grew strongly, input cost inflation and a weaker rupee squeezed operating margins. Sectors like automobiles and banking saw robust growth, but cement and oil faced challenges. Future performance hinges on monsoon predictions and cost management strategies.
Aditya Birla Group bets big on IPL boom, says media rights frenzy is far from over
Aditya Birla Group sees strong future growth for Indian sports. The group believes IPL media rights will keep increasing in value. This is despite current worries about fewer bidders. India's economy and sports viewership are rising. Premium sports assets are also scarce. This supports future valuations. The group recently bought Royal Challengers Bengaluru. They are optimistic about the long-term trend.
Aditya Birla Grp to invest Rs 3,080 cr in fin services arm, IFC to pump Rs 920 cr
Aditya Birla Capital is raising Rs 4,000 crore for future growth. The Aditya Birla Group will invest Rs 3,080 crore and IFC will invest Rs 980 crore. This capital infusion will fund growth objectives, including lending and investments. The company aims to expand access to financing for entrepreneurs and businesses. This move supports India's economic transformation and financial inclusion.
Kumar Birla back as Vodafone Idea’s non-exec Chair amid turnaround attempt
Kumar Mangalam Birla has returned as non-executive chairman of Vodafone Idea (Vi) to lead its turnaround. The company, bolstered by government relief and a $5 billion capital expenditure, aims to secure debt funding and achieve significant revenue and EBITDA growth. Birla expressed confidence in Vi's role in India's digital future.