Page 7 - Capex

Union Budget 2024: Railways capex up marginally to Rs 2.65 trillion

Around Rs 1.08 trillion lined up for critical safety works like Kavach, repairing and overhaul of old lines

Private capex picked up in FY24, driving growth: Economic Survey FY24

Private gross fixed capital formation must accelerate in machinery, equipment, intellectual property products to create quality jobs

CareEdge Ratings expects upcoming budget to boost revenue expenditure

The ratings agency expects the government's focus on manufacturing and capex to continue in the Budget

Govt targets higher capex in upcoming Budget amid fiscal gains and optimism

The Union Budget is set to project higher capex, surpassing the Rs 11.1 trillion outlined in the Interim Budget, reflecting India's improved fiscal discipline and global investment prospects

Adani to invest Rs 1.3 trn in FY25 across portfolio companies, says CFO

The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation

Budget 2024-25: Highway capital expenditure may rise up to 10%

Experts understand it as reasonable, given the high base the highway budget is operating on due to back-to-back bumper hikes in the previous two financial years

Budget 2024: Capex momentum for developing highways likely to continue

Focus will be on the quality of work done and not just the length of highways built, say senior govt officials

Budget 2024: Renewable sector likely to get double-digit capex allocation

Union Budget 2024: Capital expenditure for renewable power may witness a double-digit allocation, with capacity expected to reach 180-gigawatt by FY26, according to a CRISIL report

Budget Watch: Will oil companies have the cushion of a mega net zero fund?

Rs 15,000 crore fund has the potential to open up major capex for green projects

Budget 2024 expected to boost infra, and logistics with increased capex

Even as the industry wants a 25% increase in capex allocation in the Budget for FY 2024-25 over revised estimates for FY24, experts feel there may be limited capacity to spend on projects

Case for reforms validated by past experience: CII President Sanjiv Puri

India is growing at a time when most economies are under stress, Puri said

OEMs, electronic component companies seek greater govt support

Demand combination of upfront capex backing and PLI

India Inc seeking Rs 5 trillion credit to fund capex: SBI Chairman Khara

State Bank of India Chairman Dinesh Kumar Khara has said there is a growing demand for credit from the corporate sector and loans worth Rs 5 lakh crore are in the pipeline. Unlike the past few years, when the corporates had sufficient cash surplus on their balance sheet, they have started looking for credit to fund working capital requirements and capacity expansion, he told PTI in an interview. "Now we have come to a stage where they (corporates) have started approaching banks for augmenting their capacity or for working capital purposes. Of course, this I can say with confidence because when we look at our unavailed term loan percentage, it has come down from 25 per cent to 18 per cent and when we see the working capital utilisation, even that has improved," he said. So, all these are confirming that private sector opportunities are going to be there and SBI will be in a position to create value for the sector, he said. At the same time, he said, "When we look at our pipeline for

Price hike, capex moderation key for further gains in Bharti Airtel stock

Valuation is where analysts remain divided, given different assumptions on tariff hike quantum and on capex moderation

Upgrading acquired Stelis unit to triple Syngene's biologics capacity by H2

The company plans to expand research and manufacturing facilities, allocates Rs 500 cr capex for FY25

Lok Sabha poll results: Portfolio shuffle may see capex-to-defensive switch

The 200 Day Moving Average -- a benchmark for a healthy bull market is also close enough to that level. A drop below 21,000 could have long-term bearish consequences.

States achieve 84% of capex budget, 4 exceed target amount: CAG data

States with the lowest capex absorption included Nagaland, Chhattisgarh, Punjab, and Mizoram, according to CAG data

No better story than steel in reviving private capex: Tata Steel MD & CEO

In India, we expect the EBITDA per tonne to be a little lower though the spreads have improved a bit because it's a quarter where we have a lot of shutdowns, said TV Narendran

Road transport fleet operators revenue to grow at 9-11% in FY25: CRISIL

Revenue growth of road transport fleet operators is expected to double to 9-11 per cent this fiscal, riding on better domestic demand amid tepid exports, CRISIL Ratings said on Thursday. It further said operating margin is seen improving 75-100 basis points on better fleet utilisation and steady fuel costs. According to the rating agency, the credit profile of operators should remain strong as well, as they may look to moderate capital expenditure (capex) towards fleet expansion, following strong additions in the past three fiscal years, as new guidelines for air-conditioned driver cabins kick in the next fiscal year. Fleet operators expanded their fleet size by 60 per cent in the three fiscal years through 2024, as demand recovered sharply post the Covid-19 pandemic and returns from fleet additions were immediate. "With focus now on consolidation of operations, fleet additions would moderate to 15 per cent of the existing fleet size this fiscal, on a significantly expanded base,"

Will invest about Rs 65K cr in the next 3 years: JSW Steel Joint MD & CEO

Demand in the last quarter did slow down a bit because of lower-priced imports and pre-election economic activity slowing. This will come back after the elections