capex

The government must expedite its plan for asset sale and privatisation, both of which hardly got any mention in the Budget speech, points out A K Bhattacharya. From a political economy perspective, the Union Budget is an important…

N. Kamakodi | Photo Credit: BIJOY GHOSH City Union Bank Ltd. (CUB) is likely to miss its credit growth target of 15-18% a tad lower for the current fiscal due to a delay in start of investment cycle, said MD & CEO N. Kamakodi.“The…

The Union Budget 2023-24 was presented against the backdrop of geopolitical volatility and global economic slowdown. The Budget was able to balance the fiscal consolidation agenda with the broad themes laid out in the previous budget to a…

The Union Budget's focus on capital expenditure is expected to crowd-in private investment and push the GDP growth rate close to 7 per cent in the next financial year beginning April 1, said a Reserve Bank article on 'State of the Economy'.…

Tribune News Service New Delhi, February 15The Central government is ensuring that public expenditure continues to grow to have a desired multiplier effect on all sectors, said Finance Minister Nirmala Sitharaman at a post-Budget…

Higher government spending on infrastructure in FY24 will propel engineering, procurement, and construction companies to hit revenue growth of 17-20 per cent, taking their profit to the pre-Covid level, a report said on Tuesday. In the…

Ramkumar Shankar, MD, Chemplast Sanmar Ltd. Chemplast Sanmar Ltd. has lined up a capex of ₹680 crore for the next phase expansion of its custom manufacturing facility near Hosur.“We recently received confirmation from one of our customers…

In the aftermath of the release of the Hindenburg report, India's Adani group has reportedly halved its revenue growth target, according to a report by Bloomberg. Additionally, the company is looking to scale down fresh capital…

Bloomberg | | Posted by Ritu Maria Johny India's Adani group has halved its revenue growth target and plans to scale down fresh capital expenditure, Bloomberg News reported on Sunday.Listed companies controlled by billionaire Gautam…

Reuters | | Posted by Ritu Maria Johny India's Adani Group is in talks to prepay all loans backed by pledged shares, a spokesperson told Reuters on Monday, while denying media reports that said the conglomerate was planning to cut…