Tata Steel plans 160,000 mn capex in FY24

20 Jun 2023 CW Team

According to its top management, global industrial giant Tata Steel anticipates spending 160,000 million on capital projects (capex) for both domestic and international operations in the current fiscal year.

According to the company's CEO & MD T V Narendran and Executive Director & CFO Koushik Chatterjee, out of the anticipated amount, Tata Steel has set aside 100,000 million for standalone operations and 20,000 million for its Indian subsidiaries.

According to the executives' statement in the company's annual report for 2022–23, "The projected capital expenditure (capex) for FY2023–24 is set at Rs 160,000 million on a consolidated basis and is intended to be financed through internal accruals over the course of the full year."

According to them, 100,000 million of this will go towards Tata Steel Standalone operations, of which the Kalinganagar project will make up roughly 70%.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..