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Grasim has doubled the capital expenditure for its foray into the paints business to Rs 10,000 crore.
Grasim has lined up investment for foray into decorative paints with project cost estimated at Rs 10,000 crore by FY25
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
Officials say no rejig of expenditure at a time when reviving growth is priority
More than half the CEOs surveyed say they plan to increase investment by over 25%
Renewables are economically competitive with traditional fuels and benefit from ambitious energy-transition targets in India
"Bank credit is beginning to pick up, especially in the micro, small and medium enterprises sector," Chief Economic Advisor (CEA) V Anantha Nageswaran said
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
Lower appetite from borrowers in post-pandemic economy a key reason, say experts
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.
Domestic auto ancillary sector's revenue is expected to grow at 10-15 per cent year-on-year (YoY) in FY23.
The amount is part of the Centre's Rs7.5 capex outlay for the next year.
While Bengal, Kerala and TN hit out, Maharashtra welcomes Centre's move
Govt to shift part of CPSEs debt to itself as it infuses more equity
A lot will, however, depend upon capex execution in a time-bound manner
Abhiram Eleswarapu, head of India equities at BNP Paribas, tells Puneet Wadhwa in an interview that he expects real rates to remain negative for most of 2022
On the private-sector side, capacity utilisation has risen across several industries
Govt's increased capex will benefit Indian companies, but with a lag
The philosophy appears to be addressing the unemployment issue through increased capex, which will have a multiplier impact on the economy
Tax revenues have been a bright spot for the Centre in FY22