Page 14 - Capital Expenditure

UltraTech announces Rs 12,886 cr capex plan as competition grows in cement

Bracing for stiff competition, the firm looks to boost capacity by 22.6 mtpa

M&M to invest Rs 15,300 cr to fortify position in auto, farm eqpt and EVs

Mahindra is eyeing a pole position in SUVs in volume terms - a place it held three years ago

Cera to invest Rs 200 crore in sanitaryware, faucetware expansion

Expansion plans includes a greenfield sanitaryware plant and a brownfield faucetware unit

Wastage in welfare and subsidy schemes: Centre cracks the whip

The Centre has already issued a set of advisory for states to remove ineligible farmers from the PM-KISAN scheme

Capital expenditure crucial as inflation may hit India Inc plans: Icra

Icra said it expected capacity utilisation to reach the critical threshold of 75 per cent required to trigger broad-based capacity expansion, only by the end of the current calendar year

Not all states are so financially weak that they can't announce freebies

However some such as Punjab and West Bengal are not on sound financial ground

FY22 private placements growth may have hit record low, shows data

Lower appetite from borrowers in post-pandemic economy a key reason, say experts

Running on borrowings, Indian Railways must get on the track

India's largest public transporter has to reform its accounting practices to determine the losses it can sustain

Indian states and their propensity to exaggerate their GSDP numbers

The higher estimate of the GSDP for a state allows the concerned finance minister to project a higher level of expenditure, particularly when revenues are flat

Logistics firm TCI lines up Rs 250 cr capital expenditure for FY23

Logistics firm Transport Corporation of India is planning to line up a capital expenditure of around Rs 250 crore for the next fiscal, a top company executive has said.

Pace of govt capital expenditure not robust enough, feel policymakers

The years FY21, FY22 and targets for FY23 have seen substantial jump in the Centre's capex outlay.

Renewable energy company Greenko plans to raise $500 mn to rejig debt

The actual fundraising is dependent on market sentiments amid an escalation of the Russia-Ukraine conflict, which had increased volatility

Capital expenditure aid to states may be regular Budget feature

The amount is part of the Centre's Rs7.5 capex outlay for the next year.

Capex-funding plan for FY23 gets flak from some non-BJP ruled states

While Bengal, Kerala and TN hit out, Maharashtra welcomes Centre's move

Capital gains tax regime needs to be tweaked: Revenue secretary Tarun Bajaj

Revenue secy says rates and holding periods should be streamlined

FY23 capital outlay plan for CPSEs projected to dip 1.21% year-on-year

Govt to shift part of CPSEs debt to itself as it infuses more equity

Introduce another slab to tax the super-rich, says C Rangarajan

In a Q&A with ex-governor of RBI and Former chairman of Prime Minister's Economic Advisory Council C Rangarajan says that the Budget 2022-23 has erred on revenue projections on the lower side

Weak fiscal strength to remain key credit challenge for India: Moody's

Agency says it may be challenging for govt to push through material revenue reform given general elections that need to be held by mid-2024, as well as various state elections before then

Budget impact: Capital expenditure-tilt positive for most sectors

Domestic-focussed sectors due to the government's push on infrastructure and indigenous manufacturing are the big winners in the Budget

Budget promises lift investors' sentiment; Sensex rises 695 points

Benchmarks rebound 4% in 3 days as Fed hike concerns ease, too