Page 14 - Capex

Top headlines: 'Capex route to economic revival', gold import duty hike

The top gainers were groups with a big play in industrial metals such as steel and non-ferrous metals

Capex is the route to economic revival, says FM Nirmala Sitharaman

In an exclusive interview with BS, Sitharaman says spend on capital assets may work better than sector-specific fiscal steps

Economic recovery gradual, uneven amidst global headwinds: RBI report

Corporate sales and profitability increasing and gross NPA of banks is at 6-year low

India Inc's capital expenditure slows despite jump in net profits

Investment in fixed assets up just 2.3% in FY22 despite 63.5% growth in earnings

Base metal companies line up Rs 1.14 trillion capex as demand rises

Host of sectors pushing up need for metals; capital outlay significant by firms, say experts

Netplus Broadband keep Rs 300 crore capex for FY23; focus on rural coverage

Netplus has earmarked Rs 300 crore capital expenditure for current financial year, out of which most of investment will be made in expanding the network in rural areas, a senior company official said

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

JK Tyre lines up Rs 1,100 crore capex for two years, says CFO Aggarwal

JK Tyre and Industries has planned a capital expenditure of Rs 1,100 crore till next financial year, company's CFO Sanjeev Aggarwal said

Grasim to raise up to Rs 2,000 cr via debentures to fund capex programme

Grasim has lined up investment for foray into decorative paints with project cost estimated at Rs 10,000 crore by FY25

Asian Paints, Berger Paints slip 6% after Grasim doubles capex plan

Grasim has doubled the capital expenditure for its foray into the paints business to Rs 10,000 crore.

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

As subsidy spending rises, finance ministry sees no compromise on capex

Officials say no rejig of expenditure at a time when reviving growth is priority

India Inc plans greater capex push in FY23, says CEO survey by BS

More than half the CEOs surveyed say they plan to increase investment by over 25%

Heavy capex preventing deleveraging by Indian renewable energy firms: S&P

Renewables are economically competitive with traditional fuels and benefit from ambitious energy-transition targets in India

See pvt-sector capex picking up in H2FY23: CEA V Anantha Nageswaran

"Bank credit is beginning to pick up, especially in the micro, small and medium enterprises sector," Chief Economic Advisor (CEA) V Anantha Nageswaran said

Only 80.6% spent till February, govt likely to miss capex target

While monthly capex spending peaked to Rs 1.2 trillion in December, it has drastically fallen in subsequent months with expenditure of only Rs 43,495 crore in February

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

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

Engineering firm Braithwaite plans Rs 50 cr capex for container biz

Engineering firm Braithwaite & Co Ltd has earmarked Rs 50 crore as capital expenditure (capex) for taking up container manufacturing in a big way, a company official said on Sunday. The Miniratna public sector undertaking has forayed into the manufacturing segment as the country is focusing on indigenous production of containers and reducing dependence on China for such goods carriers. The PSU under the Ministry of Railways has orders of 350 containers for global logistics major DP World and 1,000 for Container Corporation of India Ltd, the official said. We have a big plan for container manufacturing to help traders reduce cost and dependence on imports for such goods carriers. This initiative is in line with the AatmaNirbhar Bharat. We have earmarked Rs 50 crore in this business. The investment will be made in phases, Braithwaite Chairman and Managing Director Yatish Kumar told PTI. Braithwaite was also working with the state-run Steel Authority of India for speciality steel for

Auto ancillary sector's FY23 revenue expected to grow at 10-15% YoY

Domestic auto ancillary sector's revenue is expected to grow at 10-15 per cent year-on-year (YoY) in FY23.

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.