Capex Expenditure

Government has cleared projects worth Rs 2,900 crore in eight states under its scheme for providing special assistance for capital expenditure

These states have now been allowed to borrow an additional amount of Rs 15,721 crore, as an incentive for meeting the capital expenditure target.

While working capital requirements will increase, higher cash generation and prudent capital expenditure (capex) will keep credit profiles stable, shows a Crisil Ratings analysis of 42 companies with aggregate revenue of Rs 1.30 lakh crore and accounting for about 55 per cent of the sector's revenue.

The Finance Minister has suggested that all ministries should explore the public private partnership mode for viable projects.

During a meeting with senior officials, Finance Minister Nirmala Sitharaman also directed the Ministeries and their CPSEs to ensure the clearance of MSME dues at the earliest

Mahindra has earmarked a capital expenditure (CAPEX) of Rs. 9,000 crore for its business from which Rs. 3000 crore have been allocated for EVs.

In the first 10 months of the financial year 2020-21, capital expenditure of Rs 8201 crore was registered as compared to Rs 6783 crore for year-ago period, said Railway Ministry

The actual spending on infrastructure could decline by up to 40 per cent with the COVID-19 pandemic impacting states' revenue.

Royal Enfield has announced an investment of Rs. 700 crore as its planned capital expenditure for the financial year 2019-20. Furthermore, the company has also announced its plan to produce 950,000 motorcycles during the ongoing fiscal year.

The government has budgeted for Rs 3,09,801 crore as capital expenditure during the current fiscal.

The Indian Railways, which has a six billion passenger traffic every year, does 58 per cent of its ticketing online, without cash.

Multiplex chain operator PVR has earmarked a capital expenditure of up to Rs 250 crore for the current fiscal year for opening new screens and refurbishing the existing ones, a company official has said.

Additional capital expenditure by the government in infrastructure projects will help the economy grow faster in the first quarter of current fiscal, year industry said on Thursday.

Foreign brokerage Bank of America - Merrill Lynch (BoA-ML) on Wednesday ruled out capex recovery in the economy this year, saying more investment will begin to flow in only after the Reserve Bank cuts lending rates further.

SAIL will spend around Rs 6,000 crore this fiscal year on various modernisation and expansion programmes as well as research and development (R&D) initiatives.

Government has cleared projects worth Rs 2,900 crore in eight states under its scheme for providing special assistance for capital expenditure

These states have now been allowed to borrow an additional amount of Rs 15,721 crore, as an incentive for meeting the capital expenditure target.

While working capital requirements will increase, higher cash generation and prudent capital expenditure (capex) will keep credit profiles stable, shows a Crisil Ratings analysis of 42 companies with aggregate revenue of Rs 1.30 lakh crore and accounting for about 55 per cent of the sector's revenue.

The Finance Minister has suggested that all ministries should explore the public private partnership mode for viable projects.

During a meeting with senior officials, Finance Minister Nirmala Sitharaman also directed the Ministeries and their CPSEs to ensure the clearance of MSME dues at the earliest

Mahindra has earmarked a capital expenditure (CAPEX) of Rs. 9,000 crore for its business from which Rs. 3000 crore have been allocated for EVs.

In the first 10 months of the financial year 2020-21, capital expenditure of Rs 8201 crore was registered as compared to Rs 6783 crore for year-ago period, said Railway Ministry

The actual spending on infrastructure could decline by up to 40 per cent with the COVID-19 pandemic impacting states' revenue.

Royal Enfield has announced an investment of Rs. 700 crore as its planned capital expenditure for the financial year 2019-20. Furthermore, the company has also announced its plan to produce 950,000 motorcycles during the ongoing fiscal year.

The government has budgeted for Rs 3,09,801 crore as capital expenditure during the current fiscal.

The Indian Railways, which has a six billion passenger traffic every year, does 58 per cent of its ticketing online, without cash.

Multiplex chain operator PVR has earmarked a capital expenditure of up to Rs 250 crore for the current fiscal year for opening new screens and refurbishing the existing ones, a company official has said.

Additional capital expenditure by the government in infrastructure projects will help the economy grow faster in the first quarter of current fiscal, year industry said on Thursday.

Foreign brokerage Bank of America - Merrill Lynch (BoA-ML) on Wednesday ruled out capex recovery in the economy this year, saying more investment will begin to flow in only after the Reserve Bank cuts lending rates further.

SAIL will spend around Rs 6,000 crore this fiscal year on various modernisation and expansion programmes as well as research and development (R&D) initiatives.