Tuesday, October 06
State-run Hindustan Copper Ltd (HCL) will invest around Rs 2,000 crore over the next five to six years to expand its mining operations, primarily at its flagship Malanjkhand Copper Project (MCP) in Madhya Pradesh, a top company official said.The investment is part of HCL's broader plan to triple its ore production capacity from the current 4 million tonnes per annum (MTPA) to 12.2 MTPA by FY2030-31.However, this capital expenditure excludes the development of the Rakha and Chapri mines in Jharkhand, which are being revived through a Public-Private Partnership (PPP) model.A JSW Group company has secured the Mine Developer and Operator (MDO) contract for the two mining blocks in Jharkhand and is expected to invest around Rs 2,600 crore, including the setting up of a concentrator plant."The R
State-run Hindustan Copper Ltd (HCL) will invest around Rs 2,000 crore over the next five to six years to expand its mining operations, primarily at its flagship Malanjkhand Copper Project (MCP) in Madhya Pradesh, a top company official said.The investment is part of HCL's broader plan to triple its ore production capacity from the current 4 million tonnes per annum (MTPA) to 12.2 MTPA by FY2030-31.However, this capital expenditure excludes the development of the Rakha and Chapri mines in Jharkhand, which are being revived through a Public-Private Partnership (PPP) model.A JSW Group company has secured the Mine Developer and Operator (MDO) contract for the two mining blocks in Jharkhand and is expected to invest around Rs 2,600 crore, including the setting up of a concentrator plant."The R
Mumbai: A month ago, a business head at one of the country's largest conglomerates stepped down citing personal reasons. However, senior company officials privy to the development said her decision was prompted by a male colleague pipping her to the managing director's post."She was ambitious, high-performing and a very capable choice. And she was hoping for the top job, which she did not get," said a senior board member. "There are an increasing number of women leaders like her who are no longer willing to adjust to the second best. Also, there are increasing opportunities for women in boards, advisory roles as well as executive roles, and this is something that gives them confidence to explore other opportunities." Several senior women executives have recently exited leadership roles - o
Mumbai: India Inc demonstrated the lowest levels of preparedness across the Asia Pacific region to deal with various business challenges, including financial health and geopolitical risk, in a study by financial and risk advisory firm Kroll (formerly Duff & Phelps).Less than a fourth (about 24%) of C-suite leaders in India feel prepared to address budget challenges, including debt service and financial risks, they may face in the coming year - the lowest among all the countries covered in the study. In comparison, 30% of global market leaders and 32% of Asia Pacific regional leaders express such preparedness. Indian CEOs also displayed lowest confidence in tackling geopolitical challenges such as tariffs, technology controls, cybercrime and supply chain disruptions, said the study shar
