Vipin Kumar Appointed AAI Chairman
Vipin Kumar has been officially appointed as the chairman of the Airports Authority of India (AAI), assuming a pivotal role in overseeing the country's airport infrastructure and management. His appointment is part of a strategic move aimed at strengthening leadership within India’s aviation sector, especially as AAI works to meet increasing passenger demands and upgrade infrastructure across airports nationwide. Kumar brings a wealth of experience to the position, having served in various capacities within the aviation and infrastructure domains. His leadership is expected to play a key ro..
JSW Steel Cuts FY25 Capex Plan
JSW Steel has announced a substantial reduction in its capital expenditure (capex) plan for FY25, slashing it by up to Rs 4,000 crore as part of a strategic re-evaluation of ongoing and future projects. The steel giant decided to defer its Vijayanagar plant’s Blast Furnace 3 expansion, a major project originally slated to significantly boost its production capabilities. The move is largely driven by cost-control measures in response to changing economic and market conditions within the steel industry. The original capex plan, designed to fuel growth and meet the projected demand surge in Ind..