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'Capex' - 88 News Result(s)

  • Maruti Sukuzi to seek shareholder nod for Gujarat plant; shares jump

    Maruti Sukuzi to seek shareholder nod for Gujarat plant; shares jump

    On Saturday, Maruti said it will seek minority shareholder approval for the deal, a move being seen as to assuage investors' concerns. It also said that the entire capex for the Gujarat project would be funded by depreciation and equity brought in by...

  • JP Morgan bullish on metal stocks. Here's why

    JP Morgan bullish on metal stocks. Here's why

    Stable commodity prices and a weakening rupee will support export-oriented metal and mining stocks, JP Morgan says. These companies are set to generate positive free cash flow as the peak capex cycle is behind them, the brokerage adds.

  • Fast-tracking stalled projects may not boost capex till 2015: BofA-ML

    Fast-tracking stalled projects may not boost capex till 2015: BofA-ML

    In spite of the government clearing over Rs 4 trillion in stalled projects since last June, foreign brokerage Bank of America Merrill Lynch today said it is unlikely that investment demand will pick up till 2015 because of the high interest rates.

  • Nalco capex down by 32% at Rs 1,181 crore for 2014-15

    Nalco capex down by 32% at Rs 1,181 crore for 2014-15

    Nalco, the largest domestic aluminium producer, has not been able to meet its capital expenditure targets since 2008-09, an analysis of the Budget and other official papers for last six years showed.

  • Facebook to boost spending by 80 per cent to $2.5 billion in 2014

    Facebook to boost spending by 80 per cent to $2.5 billion in 2014

    Facebook expects to boost capital expenditure by as much as 80 per cent this year as the social networking giant expands infrastructure and support for initiatives to bring the next 5 billion people online.

  • Signs of slow recovery in India's capex cycle: Nomura

    Signs of slow recovery in India's capex cycle: Nomura

    Brokerage Nomura on Friday said there are signs of economic recovery following stabilisation in the trend of falling new investments and underlined the need for capex increase by the private sector to restore normalcy in business activity.

  • SAIL hopeful of achieving Rs 15,820-crore capex target for FY14

    SAIL hopeful of achieving Rs 15,820-crore capex target for FY14

    Having failed to achieve their capex targets last fiscal year (FY13), three major state-owned firms - SAIL, NMDC and RINL - hope to meet cumulative Rs 15,820 crore target set for FY14.

  • Tata Motors falls 5%, JLR unit to hike capex

    Tata Motors falls 5%, JLR unit to hike capex

    The planned increase in JLR's capital spending could lead to negative free cash flow in fiscal 2015, Tata Motors said in the statement.

  • Neyveli Lignite misses Q2 capex target of Rs 1,067 crore

    Neyveli Lignite misses Q2 capex target of Rs 1,067 crore

    Despite lower capital expenditure incurred during the second quarter of 2013-14 fiscal, the company hopes to achieve the annual target of Rs 2,490.14 crore, according to an official document.

  • Deutsche Bank downgrades IDFC citing challenging operating environment

    Deutsche Bank downgrades IDFC citing challenging operating environment

    The investment bank said its earlier expectations of loan growth revival for IDFC are unlikely to come through as there is neither fresh capex in infrastructure nor the company is in a position to gain assets via refinance.

  • Mahindra and Mahindra to invest Rs 10,000 crore on capex

    Mahindra and Mahindra to invest Rs 10,000 crore on capex

    The company is scouting for locations, including options outside its Chakan plant in Maharashtra, to set up its new plant to manufacture new products and will take final decision within this fiscal.

  • Barclays downgrades R Com to underweight

    Barclays downgrades R Com to underweight

    Reliance Communications remains highly leveraged and has limited ability to increase capex, which would keep its mobile business "significantly weaker than peers", Barclays adds.

  • UltraTech Cement plans Rs 2,000-crore capex in Rajasthan

    UltraTech Cement plans Rs 2,000-crore capex in Rajasthan

    UltraTech Cement, an Aditya Birla Group company, envisages a capital outlay of Rs 2,000 crore for its expansion plans in Rajasthan.

  • UltraTech net falls 16% in Q4; cement firms expected to slash capex

    UltraTech net falls 16% in Q4; cement firms expected to slash capex

    Two-thirds of demand for cement in India, the world's second-largest producer after China, comes from residential developers who have significantly slowed the launch of new projects as high inflation and interest rates and an uncertain economic outlo...

  • Bharti Airtel raises $500 million through bond issue

    Bharti Airtel raises $500 million through bond issue

    Close on the heels of raising $1 billion, Bharti Airtel today said it has garnered another $500 million through a bond issue mostly to pay off high interest loans and fund capex needs.

  • RIL to invest $27 billion in next four years: Deutsche Bank

    RIL to invest $27 billion in next four years: Deutsche Bank

    Reliance Industries (RIL) plans to invest about $27 billion (Rs 1.46 lakh crore) in next four years across its core oil and gas and petrochemical businesses as also new ventures like telecom.

  • Low consumption, capex may affect recovery: BofA-ML

    Low consumption, capex may affect recovery: BofA-ML

    Slowing consumption and lack of fresh capital investments may dash hopes of recovery in the Indian economy, a report by Bank of America Merrill Lynch said today.

  • Samsung caps capex first time since financial crisis

    Samsung caps capex first time since financial crisis

    Samsung Electronics Co turned cautious on spending for the first time since the global financial crisis, keeping its annual investment plan unchanged at 2012 levels, as demand for computer chips wanes and the smartphone market slows.

  • JLR Q3 operating margin to fall, capex to rise in FY14

    JLR Q3 operating margin to fall, capex to rise in FY14

    JLR's capital expenditure will rise to 2.75 billion pounds in the fiscal year that begins in April, up from 2 billion pounds in the current year, the company said in a statement, adding that free cash flow for 2013-14 could be negative as a result.

  • Gail eyes foray into gas shipping; lays out Rs 9,000 crore capex

    Gail eyes foray into gas shipping; lays out Rs 9,000 crore capex

    State-run Gail has said it is looking at foraying into the gas shipping segment, primarily to bring in gas from its Sabine Pass fields in the US as also for shipping in gas from Gazprom's Shtokman project in the Arctic region.

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