Press Trust of India | Monday November 16, 2015
HPCL, IOC and Adani Ports and Special Economic Zone (APSEZ) will benefit the most from the rupee's depreciation as their dollar earnings are sufficient to more than offset the negatives of higher debt and capex in dollar terms, says a Fitch Ratings' report.
Press Trust of India | Saturday November 7, 2015
As it tries to brace itself against the major headwinds faced by the sector, Ruias-promoted Essar Steel on Saturday said it is looking for buyers to raise fresh capital to fund capital expenditure and pare some of the debt.
Press Trust of India | Friday October 30, 2015
Pushing for investments and growth, government on Friday reviewed the capital expenditure programme of state-owned companies and impressed upon them to complete projects in the remaining part of the financial year.
Press Trust of India | Friday October 9, 2015
Billionaire Anil Agarwal-led mining giant said market conditions are expected to remain "challenging in the short term".
Press Trust of Inda | Sunday September 27, 2015
The company is exploring countries like Oman, Iran and Indonesia to set up the proposed smelter plant with an estimated investment of Rs 20,000 crore, he told reporters adding the location would be finalised after examining factors like availability of low cost power and infrastructure.
Press Trust of India | Friday September 11, 2015
The Rs 40,000 crore refining expansion will not see BPCL setting up any new project but scaling capacity to 1 million barrels a day, or 50 mtpa.
Press Trust of India | Wednesday August 19, 2015
Besides, the company is closing down non-operational subsidiaries in the UK and Kenya, JSW Steel said in a regulatory filing.
Press Trust of India | Sunday August 16, 2015
In an investor update, Pantaloons Fashion & Retail's parent company Aditya Birla Nuvo said: "Financial year 2015-16 capex guidance (for Pantaloons) stands at about Rs 125 crore mainly towards launch of new stores."
Press Trust of India | Tuesday August 11, 2015
Apollo Tyres on Tuesday said its board has given nod to raise funds of about Rs 2,000 crore towards meeting the company's capital expenditure plans which include ramping up of two plants in the South.
Press Trust of India | Monday August 10, 2015
He expected that with the raising of Rs 1,000 crore by Indian Oil Corporation for capital infusion plans to CPCL, the net worth is expected to improve further.
Press Trust of India | Monday August 10, 2015
Minister Suresh Prabhu shared the details with foreign and domestic investors and bankers over the weekend at a closed door meeting at the BSE.
Press Trust of Inda | Tuesday June 30, 2015
As per the notice sent to shareholders for the annual general meeting, scheduled to be held on July 22, the company said it is seeking approval for an enabling resolution to borrow funds by offer or through secured/unsecured redeemable non-convertible debentures for up to Rs 5,000 crore.
Wednesday June 10, 2015
Elaborating on the capital expenditure plans during the current fiscal, he said the company is continuing to invest in enhancing finished dosage as well as active pharmaceutical ingredient (API) capacity.
Monday June 8, 2015
As Reliance Industries nears completion of a significant capex cycle over next 12 months, return ratios are likely to improve in the medium term, driven by strong earnings accretion from core business and a rational strategy in telecom business, a brokerage said.
Sunday May 31, 2015
Telecom operator Reliance Communications will invest about Rs 1,500-2,000 crore in the current fiscal year to increase its data business, a top official has said.
Thomson Reuters | Friday May 29, 2015
Officials at the finance ministry said the government had no option but to cut spending to meet its borrowing targets.
Monday May 18, 2015
Brokerages are also bullish on the stock. Domestic brokerage Motilal Oswal Securities maintains buy on the stock with a target of Rs 1,088 per share, indicating potential upside of 24 per cent from Friday's closing price.
Friday May 8, 2015
NTPC, India's largest power producer, is planning to raise rupee-denominated 'Global INR' bonds worth $1 billion to finance its capital expenditure.
Thomson Reuters | Thursday April 16, 2015
California-based Glaucus Research, well known for shorting stocks, issued a "strong sell" report on software firm Rolta India, saying the company does not produce free cash flow and cannot repay offshore bondholders without refinancing.
Tuesday April 7, 2015
Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday said green shoots are visible in the investment climate, but refrained from commenting on the new series on economic growth numbers by the Central Statistics Office (CSO).
Tuesday March 31, 2015
Besides, its investments in telecom business reached 15-20 per cent of capital employed, dragging down overall return on capital employed.
Thursday March 26, 2015
Rating agency Standard & Poor's (S&P) has said it does not see corporate investments picking up before FY17 and called for more structural reforms to help private firms recoup their balance-sheets.
Thursday March 5, 2015
Cairn India, a unit of London-listed Vedanta Resources Plc has revised its capital expenditure for FY16 from a projected $1.2 billion to $500 million as falling oil prices hurt profitability and make projects economically unviable, the company said in a release to exchanges.
Press Trust of India | Tuesday February 24, 2015
Analysts and economists at State Bank of India (SBI) on Tuesday joined the call for stretching the fiscal deficit target by a few notches so that the government can boost capex without impacting the fiscal consolidation process.