Wednesday January 21, 2015
RIL has unveiled an over Rs 1.8 lakh crore capex plan for the next three years with a good portion of that going into his soon-to-be-launched telecom venture under the brand name Reliance Jio.
Saturday December 13, 2014
Rating agency Fitch on Friday retained its stable outlook on India's power sector in 2015 but warned producers and grid operators will continue to face challenges by way of high capex levels and fuel shortages leading to negative free cash flow in th...
Wednesday December 10, 2014
The brokerage said private capex is likely to recover slowly given stretched balance sheets and low profitability.
Wednesday November 19, 2014
BoAML says capex cycle is set to revive in India. The brokerage expects orders worth$360 billion to be awarded globally between FY15 to FY17.
Monday November 17, 2014
The capex will be spread out across APIs (active pharmaceutical ingredients) and formulations and the company's operations have resulted in substantial improvement to support the capex through internal cash generation, he said.
Sunday November 16, 2014
In an investors' update, Pantaloons' parent company Aditya Birla Nuvo said: "Full year capex (capital expenditure) guidance (for Pantaloons) stands at Rs 150 crore towards addition of 18-20 new stores to reach 100 stores mark."
Tuesday August 26, 2014
The debt-equity ratio of the PSU steel maker, as on March-end, stood at 0.59:1 against 0.53:1 as on March-end of the previous year. The rise is mainly on account of increase in borrowings during the year to meet the capex requirements.
Thursday August 14, 2014
Steel major Tata Steel Ltd has chalked out a capital expenditure plan worth Rs 12,000-14,000 crore to fund expansion of its Kalinganagar plant during the current financial year (2014-15).
Tuesday August 12, 2014
Mr Wadia said the capital expenditure would be made on two counts - upgradation and innovation and for creating new capacities.
Wednesday August 6, 2014
Aditya Birla Group company UltraTech Cement Ltd today said it has earmarked capital expenditure plan of Rs 7,056 crore towards expansions for next 3 years.
Wednesday August 6, 2014
Mukherji said that capital investment that would be needed over the next 5-6 years might be met through internal accruals.
Thursday July 31, 2014
The company spent Rs 3,094 crore on capex, design and development of products in FY 2014.
Sunday July 13, 2014
The budget 2014-15 proposed imposing 10 per cent duty on telecom products not covered under Information Technology Agreement (ITA) 1 of WTO to boost domestic production of telecom products.
Sunday July 13, 2014
Seven power PSUs, including the country's largest electricity generator NTPC, have drawn up total capital expenditure plans of Rs 51,425.84 crore during the current financial year 2014-15. The total capex or capital expenditure of the seven PSUs for ...
Monday June 30, 2014
Dr. Reddy's said in its annual report filed with the US Securities and Exchange Commission that the company would finance expansion plans through operating cash flow and through cash and other investments, and that the majority of these projects woul...
Sunday June 15, 2014
The capex is part of respective medium-term strategies of the different companies covering all the business sectors of the group, ranging from engineering, materials, information technology and communications, consumer products, services, energy to c...
Monday June 9, 2014
Japan's economy grew an annualised 6.7 per cent in the first quarter, data showed on Monday, up sharply from an initial reading of a 5.9 per cent rise, and confirmed the fastest pace of growth since July-September 2011. The data beat the median marke...
Friday June 6, 2014
Amtek has been very aggressive with capex and acquisitions in the past which has not paid as a slowdown in the key markets of India and Europe led to a build-up of significant debt, the investment bank says in a report on Friday.
Monday June 2, 2014
But Dai-ichi Life Insurance Co Ltd tumbled on news that it is in talks to buy a US life insurance company, with investors wondering how the company would fund the acquisition.
Thursday May 1, 2014
Mr Raychaudhuri says the main reason behind the slowdown in capex spend in India is the high degree of corporate leverage, but an improvement in corporate sentiment will increase confidence among corporates enabling them to spend.
Tuesday March 18, 2014
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...
Tuesday March 4, 2014
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.
Monday February 24, 2014
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.
Sunday February 23, 2014
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.