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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.
Bengaluru, Mumbai, Delhi NCR: A tale of three housing markets
Bengaluru's housing market shows strong growth fueled by its expanding technology sector. Mumbai remains India's largest residential market, absorbing new supply effectively. Delhi-NCR faces a slowdown as premium homes dominate its available inventory. These contrasting trends indicate future property cycles will depend on job and investment growth. Infrastructure development is increasingly shaping buyer decisions across these key cities.
Kalyan Jewellers stock to double from here? Why analysts are bullish
Kalyan Jewellers reported strong first-quarter revenue growth despite market headwinds. The company's international business and digital platform also showed significant expansion. Analysts are bullish, with some predicting the stock could double in value. Technical indicators suggest a positive medium-term outlook for the stock. Investors will monitor future showroom launches and festive season demand.
TCS' next growth phase hinges on AI investments, not just deal momentum
Tata Consultancy Services reported flat dollar revenue and margin contraction in the June quarter. AI revenue shows growth but remains a small part of total earnings. The company paid significant dividends, impacting its ability to invest internally. Sustained order flow and stable attrition offer some long-term hope. TCS needs to balance investor returns with future technology investments.
NITI Aayog holds stakeholder consultation on critical mineral demand, supply chain security amid rising clean energy needs
NITI Aayog convened experts to assess India's future critical mineral needs. Discussions focused on demand, supply chain vulnerabilities, and domestic capabilities. India's clean energy and advanced manufacturing expansion will drive mineral demand. The nation faces import dependency, requiring supply source diversification and domestic value chains. These efforts aim to secure long-term economic and national security objectives.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
Demat account additions pick up on D-Street rebound
India added over 2.5 million demat accounts in June, the highest since February. This growth occurred as key market indices Nifty 50 and Sensex advanced significantly. Improved market sentiment followed the easing of geopolitical concerns and potential IPO announcements. Broader market participation and digital onboarding are attracting new retail investors. Future demat account growth will depend on Indian market performance and investor confidence.
China stocks extend losses as Middle East tensions hurt sentiment
Market sentiment weakened after the US increased pressure on Iran by launching new airstrikes and ending a sanctions waiver that had allowed Iran to export oil. The move raised concerns about the future of the temporary agreement reached between the US and Iran on June 17 and created uncertainty over ongoing talks to secure a longer-term peace deal.
Tata Motors charts $100 billion automotive ambition, commits Rs 40,000 crore to India business
Tata Motors aims for a USD 100 billion automotive business by FY31. The company plans substantial capital expenditure for domestic operations and JLR. Passenger vehicles will focus on aspirational products and market share growth. Jaguar Land Rover will contribute significantly to the projected sales figures. Digital technologies and AI are key investments for future operations.
GMR Airports unveils multi-phase expansion roadmap for Nagpur Airport
GMR Airports Limited announced a significant expansion plan for Nagpur Airport. This multi-phase roadmap aims to enhance passenger experience and operational capacity. The project includes an initial investment of approximately Rs 300 crore for immediate upgrades. Future plans envision increasing passenger handling capacity to thirty million annually. The airport will also develop into a major cargo and logistics hub.
Tata Motors PV targets 10x volume growth by FY30; Chairman N Chandrasekaran aims for 20% market share
Tata Motors Passenger Vehicles aims for ten-fold volume growth by FY30. The company targets over 1.2 million vehicle sales and 20 percent market share. Significant investments in digital technologies and AI are planned across the value chain. Collaboration with Jaguar Land Rover leverages complementary strengths in manufacturing and technology. The company is committed to electric vehicle transition and future mobility.
Gadkari's Next Big Claim: Delhi Buses To Run On Garbage-Made Hydrogen
Union Road Transport and Highways Minister Nitin Gadkari has claimed that buses in Delhi could possibly run on hydrogen produced from segregated municipal waste in the future.