Page 26 - Capex

Capex plan, capital budget for FY21 pegged at Rs 10,000 crore: Coal India

The capex of CIL, at Rs 844 crore during the first quarter of the current financial year, crossed the provisioned target of Rs 720 crore

ONGC seeks crude price assurance of $45 per barrel, cuts capex by 15%

The largest domestic oil and gas producer had budgeted a capex of Rs 32,502 crore for the financial year, which has now been cut to around Rs 27,500 crore.

Hero MotoCorp cuts capital expenditure for FY21 by 40% to conserve cash

Firm says retail uptick has been very encouraging; Hero hopes to clock 80% volume of what it was doing before the pandemic struck, in June

NTPC to raise Rs 4,374.10 crore via bonds to fund capex, refinance loans

The proceeds will be utilised for funding of capital expenditure, refinancing of existing loans and other general corporate purposes, the company said in a regulatory filing

Covid-19 impact on infrastructure capex may be worse than seen in 2008

As janta curfews and lockdowns impact ongoing projects, government spending on relief measures may limit future infra spends

BPCL disinvestment: Next significant capex after new investor steps in

BPCL is in the process of buying land from Hindustan Organic Chemicals to set up the planned facilities

Force Motors plans Rs 600 cr capex to develop 2 BS-VI models in two years

Last week, the company, the largest van maker in the country with a market share of over 68 per cent, unveiled the van 'T1N', which will be mostly exported.

For states, balancing fiscal maths and capex will be challenging: CRISIL

The rating agency - in its Infrastructure Yearbook 2019, released on Tuesday - said most of the sub-sectors in infrastructure have shown stress this year, compared to the previous year

JSW Steel Q2 PAT rises 22% to Rs 2,536 cr on one-time tax gain

Company cuts capex, production, sales guidance for FY20

States put the foot down on capex; outlays up 17% during FY15-19

The expenditure is concentrated primarily on economic services that accounted for around 70 per cent of the spending

Tax windfall: India Inc to increase capex spending, retire high-cost loans

Among the profit-making companies which would gain the most in absolute terms are RIL, Oil and Natural Gas Corporation, and Indian Oil Corporation

Vedanta eyes 70% topline growth in 3 yrs on Rs 55,000-cr capex programme

The company has completed a Rs 10,000 capital expenditure in the just concluded year

Vedanta spent Rs 10,000 cr on capex in FY19, plans another 55k cr

Vedanta stated that its growth plans will see it becoming the world's largest zinc producer and among the top three silver producers

Budget 2019: India won't become a superpower with these allocations

Only 3.4% of total federal spending was budgeted for education - down from 3.74% the previous year and from 4.3% when Modi took over in 2014

Budget 2019: Centre's capex projected to rise to Rs 3.38 trillion in FY20

So the heavy lifting in public investment has to be shouldered by the 257 operating central public sector enterprises

Election impact: New projects down 85% YoY in June on Capex slowdown

CMIE data puts value of new projects at Rs 43,000 cr, compared with Rs 3.45 trillion a year ago; completed projects down 60% to Rs 53,000 cr from Rs 1.33 trillion in June 2018

Capex of 16 states shows robust 21.9% growth in first 5 months of FY19

The total capital spending by these states is budgeted at Rs 4 trillion in 2018-19, roughly 70% of the state capex of Rs 5.75 trillion

Top fund houses turn overweight on capital goods amid capex revival signs

Money managers raise their bets on L&T and NTPC

Centre not driving investment: Capex fell substantially in Q4

Capex fell substantially in March quarter but capital formation in the economy swelled, says the data; none clear on how this happened

Govt projects 26% rise in capex over next two years

Framework forecasts revenue spending of Rs 20 lakh cr in 2018-19, Rs 22.05 lakh cr in 2019-20