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.
Sunday February 2, 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.
Friday January 3, 2014
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.
Sunday December 29, 2013
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.
Thursday December 12, 2013
The planned increase in JLR's capital spending could lead to negative free cash flow in fiscal 2015, Tata Motors said in the statement.
Thursday November 28, 2013
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.
Monday October 14, 2013
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.
Friday September 6, 2013
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.
Tuesday August 6, 2013
Reliance Communications remains highly leveraged and has limited ability to increase capex, which would keep its mobile business "significantly weaker than peers", Barclays adds.