Page 11 - Capex

States' fiscal health better after Covid-19 pandemic stress: RBI report

States must urgently push for debt consolidation, create capex buffers

Steady and cautious: What India's conglomerates are doing for capex push

Companies are reluctant to invest in new factories and plants when existing capacity is not fully utilised

Conglomerates and their capex push: How much firms added since pandemic

Business Standard analyses what large business houses have added as net fixed assets since the pandemic

Q3 results preview: Strong tender activity to aid capital goods firms

YoY topline, bottomline growth likely in double-digits, but margin concerns remain, say analysts

Budget 2023-24: Govt may go easy on capital expenditure growth in FY24

Outlay for next year likely to be around Rs 9.5 trillion

Top headlines: Govt may go easy on capex in FY24, India-US trade dispute

Business Standard brings you the top headlines at this hour

Gross budgetary allocation for Railways to go up by 29% in Budget: Report

The total capital expenditure (capex) of the railway ministry is expected to jump 20 per cent to Rs 3 trillion in FY24

Business Standard CEOs poll: Capex tops India Inc's 2023 to-do list

Firms plan to go on a hiring spree; flag rising rates, weak demand as major concerns

At over Rs 6 trillion, capex on new projects sees 44% jump in Q3

The data also showed a 49.9 per cent year-on-year drop in completed projects, and an 87.5 per cent decline in stalling rates

Top Headlines: Upturn in capex cycle, formal job creation falls, and more

Business Standard brings you the top headlines at this hour

See upturn in capex cycle, growth momentum to pick up: RBI report

'Can't let our guard down on inflation'

Jefferies rejigs India model portfolio; Zomato, Bharti Airtel off menu

The change in stance with respect to Zomato is a complete reversal from nearly a month ago (November 13), when the stock was a high-conviction 'buy' for Jefferies with a price target of Rs 100

Capex by CPSEs accelerates to 60% of annual target during Apr-Nov period

CPSEs are likely to achieve their target as they tend to rush up their spending in March quarter

Waiting for private sector to take the lead on capex: CEA Nageswaran

'Not necessary or healthy for public sector to keep expanding capital investment,' he says

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

The Finance Ministry was also urged to continue with long term loans to states to support their capex programs, and give them more leeway to spend, in order to boost growth

Journey towards strong governance a work in progress: Deepak Parekh

The ultimate objective is that corporate governance systems must become simpler; not more complicated, Parekh said

Focus on job creation, capex boost, tax measures in Budget: Industry to FM

Employment-linked incentive scheme for services sector suggested

Price volatility takes sheen off aluminium firms' capital expenditure

Hindalco's subsidiary Novelis as well as the aluminium division of Vedanta have trimmed guidance by 30-40 per cent for the year

Capex by CPSEs accelerates to 53% of annual target during Apr-Oct period

During the same period a year ago, CPSEs were able to exhaust only 44.78 per cent of the full year target

HCL to ramp up Malanjkhand production, sets Rs 350-cr capex target for FY23

Hindustan Copper Ltd (HCL) was ramping up copper ore production from the Malanjkhand project in Madhya Pradesh to 2.2 million tonnes from the current 1.6 million tonnes and it will be eventually increased to five million tonnes in the next 6-7 years, a company official said. HCL was targeting to increase its total copper ore production to 12.2 million tonnes per annum by FY'29 in its first phase of expansion from 3.57 million tonnes in FY22 and was targeting 3.9 million tonnes in the current fiscal. The state-owned integrated copper miner said it has lined up Rs 350 crore in capex for the current fiscal and of that, Rs 250 crore would be pumped into the Malanjkhand project. HCL was also awaiting lease renewal from the Jharkhand government to reopen the Rakha mines which was closed in 2001-02 due to operational reasons. "Our capex for the current fiscal is Rs 350 crore and we are expecting to exceed. There is a shortfall in production from Malanjkhand due to difficult terrain, but th