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Adani Group's Revenue Goes Up By 7%, Gautam Adani Announces Big Capex Plan
Gautam Adani outlined the Adani Group's strong FY25 performance and spoke about a robust annual capex of an anticipated $15-20 billion over five years at the AGM.
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Opinion | To Boost Infrastructure, Improve Liquidity For Private Players
Every story needs different protagonists to play their part. Improving liquidity for private sector entities to facilitate their contribution to India's infrastructure growth is one such protagonist that needs to be given centre stage in our planning
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Maruti Suzuki Planning New Plant to Cater to Market Demands, Aims to Introduce Six New EVs by 2030
Maruti Suzuki India (MSI) on Wednesday said it is looking to set up a manufacturing plant with a capacity of up to 10 lakh units per annum in order to cater to the expected increase in demand from domestic as well as export markets. The carmaker also announced that it will be getting a "big three-row strong hybrid model" from Toyota as part of thei...
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Micron to Reduce Memory Chip Supply in 2023 to Clear Excess Inventory Amid Slump in Demand
Micron will reduce memory chip supply and make additional cuts to its capex plan, the company said on Wednesday. The semiconductor manufacturer is currently struggling to sell excess inventory. Micron said it is reducing the initial process in semiconductor production for DRAM and NAND by about 20 percent compared with the fourth quarter that ended...
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Minda Industries Partners With FRIWO AG To Manufacture EV Components
Minda Industries and FRIWO AG have entered into a joint venture agreement to manufacture and supply various electric vehicle components in the Indian subcontinent. The JV plans to incur a capex of around Rs. 390 crore over the next 6 years.
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Mahindra's Turnaround Plan Leads To A Strong Growth In Net Profit In Q4 FY2021
The growth in the auto business is primarily attributed to a strong quarterly performance where the sales of SUVs went up by 18 per cent at 1,06,333 units as compared to 90,481 units sold in the same quarter last year.
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TVS Srichakra Announces Rs. 1,000 Crore Capex For Production Expansion
The new investment is planned to be funded by a mix of debt and internal accruals and will be made over a three-year period. It will result in an increase of two and three wheeler tyre production capacity by 25-30 per cent.
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Royal Enfield Announces Rs. 700 Crore Investment; To Produce 9.5 Lakh Motorcycles In FY 2019-20
Royal Enfield has announced an investment of Rs. 700 crore as its planned capital expenditure for the financial year 2019-20. Furthermore, the company has also announced its plan to produce 950,000 motorcycles during the ongoing fiscal year.
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Apple Supplier LG Display Slashes Investment Plans as Losses Mount
LG said it would trim investment by KRW 3 trillion ($2.7 billion) from what was planned by 2020, without revealing its total or previous capex targets.
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Hero MotoCorp Net Profit Slips 14 Per Cent
Hero MotoCorp intends to pump in Rs 2,500 crore over the next two years to develop new products and increase production capacity. As many as six new products are planned for this fiscal
-
Adani Group's Revenue Goes Up By 7%, Gautam Adani Announces Big Capex Plan
Gautam Adani outlined the Adani Group's strong FY25 performance and spoke about a robust annual capex of an anticipated $15-20 billion over five years at the AGM.
-
Opinion | To Boost Infrastructure, Improve Liquidity For Private Players
Every story needs different protagonists to play their part. Improving liquidity for private sector entities to facilitate their contribution to India's infrastructure growth is one such protagonist that needs to be given centre stage in our planning
-
Maruti Suzuki Planning New Plant to Cater to Market Demands, Aims to Introduce Six New EVs by 2030
Maruti Suzuki India (MSI) on Wednesday said it is looking to set up a manufacturing plant with a capacity of up to 10 lakh units per annum in order to cater to the expected increase in demand from domestic as well as export markets. The carmaker also announced that it will be getting a "big three-row strong hybrid model" from Toyota as part of thei...
-
Micron to Reduce Memory Chip Supply in 2023 to Clear Excess Inventory Amid Slump in Demand
Micron will reduce memory chip supply and make additional cuts to its capex plan, the company said on Wednesday. The semiconductor manufacturer is currently struggling to sell excess inventory. Micron said it is reducing the initial process in semiconductor production for DRAM and NAND by about 20 percent compared with the fourth quarter that ended...
-
Minda Industries Partners With FRIWO AG To Manufacture EV Components
Minda Industries and FRIWO AG have entered into a joint venture agreement to manufacture and supply various electric vehicle components in the Indian subcontinent. The JV plans to incur a capex of around Rs. 390 crore over the next 6 years.
-
Mahindra's Turnaround Plan Leads To A Strong Growth In Net Profit In Q4 FY2021
The growth in the auto business is primarily attributed to a strong quarterly performance where the sales of SUVs went up by 18 per cent at 1,06,333 units as compared to 90,481 units sold in the same quarter last year.
-
TVS Srichakra Announces Rs. 1,000 Crore Capex For Production Expansion
The new investment is planned to be funded by a mix of debt and internal accruals and will be made over a three-year period. It will result in an increase of two and three wheeler tyre production capacity by 25-30 per cent.
-
Royal Enfield Announces Rs. 700 Crore Investment; To Produce 9.5 Lakh Motorcycles In FY 2019-20
Royal Enfield has announced an investment of Rs. 700 crore as its planned capital expenditure for the financial year 2019-20. Furthermore, the company has also announced its plan to produce 950,000 motorcycles during the ongoing fiscal year.
-
Apple Supplier LG Display Slashes Investment Plans as Losses Mount
LG said it would trim investment by KRW 3 trillion ($2.7 billion) from what was planned by 2020, without revealing its total or previous capex targets.
-
Hero MotoCorp Net Profit Slips 14 Per Cent
Hero MotoCorp intends to pump in Rs 2,500 crore over the next two years to develop new products and increase production capacity. As many as six new products are planned for this fiscal
