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.
Press Trust of India | Tuesday February 24, 2015
A majority of Indian corporates see capital investment picking up next fiscal year but their own plans show a decline in investments in FY16, led by the private sector companies, according to Crisil.
Monday February 23, 2015
FICCI has asked for greater allocation to productive capital expenditure like infrastructure.
Press Trust of India | Tuesday February 17, 2015
As part of its overall business expansion plans, the firm will set up two technology centres - one in Chennai and another in the UK.
Monday February 9, 2015
Notwithstanding government's projection of higher growth at 7.4 per cent this fiscal, India Inc today said demand remains weak, and sought steps in the forthcoming budget to boost investments and kick start the capex cycle.
Thursday February 5, 2015
Tata Motors, India's biggest automaker by revenue, on Thursday posted a 25.5 per cent fall in net profit for the October-December quarter, missing analyst estimates.
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 the medium term.
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."