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Airlines expect Dubai flight disruptions to continue till Sunday, around 10,000 passengers from India affected

Indian carriers plan to deploy larger aircraft on the route while European carriers flying on Indian routes to avoid Dubai stopover. ....

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SEBI's amendments to the LODR

Amendment Regulations 2023 have brought about a flurry of far-reaching changes to the extant LODR regime in terms of the disclosures and obligations of all stakeholders concerned with the operations of listed companies, within the backdrop of increased activism of SEBI ....

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Krish Subramanian, Chargebee Cofounder talks on severe layoffs in 2022

With a capitalization of $3.5 billion, up roughly 1.5 times from its earlier fundraising phase, it started the year brilliantly. ....

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Dalmia Bharat: A Rs 9,000-crore capacity boost: MD Puneet Dalmia chalks out Dalmia Bharat's three-year playbook

Synopsis
We have announced Rs 9000 crore of expansion over the next three years. From our current capacity of around 30 million, we re gonna take our capacity to 48.5 mt. This is our largest capital expansion announcement since its inception. The simple principles that have driven our thinking on capital allocation are that we will deliver predictable, sustainable and profitable growth over the next decade. And all of this with a strong balance sheet and the highest standard of corporate governance.
Puneet Dalmia, MD, Dalmia Bharat
Dalmia Bharat plans to invest Rs 9,000 crore in the next three years on capacity enhancement through brownfield and greenfield projects, raising the cement maker’s capacity by about 60% to nearly 50 million tonnes a year. In an interaction with ET’s ....

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At Tata Steel, focus now is on repairing the balance sheet

At Tata Steel, focus now is on repairing the balance sheet
Tata Steel MD TV Narendran.
Synopsis
Not just that, the company will use the current steel supercycle to reduce its debt further, this year. We stay committed to our goal of reducing debt by at least a billion dollars a year, Narendran said.
Tata Steel has planned a Capex of Rs 11,000 crore for FY 22, out of which around 70% has been allocated for the expansion of its India operations. Being one of the biggest beneficiaries of record high steel prices in the market, The company’s MD, TV Narendran in an interaction with ET’s Bhavya Dilipkumar and Satish John said Tata Steel is more confident now in rolling out brownfield expansion plans, and look at steel assets that the Government ....

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