Capex
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.
 "Asian Paints, Berger Paints slip 6% after Grasim doubles capex plan")
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
 "Grasim to raise up to Rs 2,000 cr via debentures to fund capex programme")
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
 "Capital expenditure crucial as inflation may hit India Inc plans: Icra")
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
 "As subsidy spending rises, finance ministry sees no compromise on capex")
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%
 "India Inc plans greater capex push in FY23, says CEO survey by BS")
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
 "Heavy capex preventing deleveraging by Indian renewable energy firms: S&P")
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
 "See pvt-sector capex picking up in H2FY23: CEA V Anantha Nageswaran")
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
 "Only 80.6% spent till February, govt likely to miss capex target")
FY22 private placements growth may have hit record low, shows data
Lower appetite from borrowers in post-pandemic economy a key reason, say experts
 "FY22 private placements growth may have hit record low, shows data")
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
 "Engineering firm Braithwaite plans Rs 50 cr capex for container biz")
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.
 "Auto ancillary sector's FY23 revenue expected to grow at 10-15% YoY")
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.
 "Capital expenditure aid to states may be regular Budget feature")
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
 "Capex-funding plan for FY23 gets flak from some non-BJP ruled states")
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
 "FY23 capital outlay plan for CPSEs projected to dip 1.21% year-on-year")
Govt's infra booster gives hope to construction equipment makers
A lot will, however, depend upon capex execution in a time-bound manner
 "Govt's infra booster gives hope to construction equipment makers")
Markets will keenly watch the execution of capex plans: Abhiram Eleswarapu
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
 "Markets will keenly watch the execution of capex plans: Abhiram Eleswarapu")
Infra funds could gain from large budgetary allocation, say analysts
On the private-sector side, capacity utilisation has risen across several industries
 "Infra funds could gain from large budgetary allocation, say analysts")
Private capex may start picking up by end of next fiscal, says India Inc
Govt's increased capex will benefit Indian companies, but with a lag
 "Private capex may start picking up by end of next fiscal, says India Inc")
Union Budget 2022: The capex push, says India Ratings' Devendra Kumar Pant
The philosophy appears to be addressing the unemployment issue through increased capex, which will have a multiplier impact on the economy
 "Union Budget 2022: The capex push, says India Ratings' Devendra Kumar Pant")
Budget 2022: FM stays on fiscal correction path, banks on capex push
Tax revenues have been a bright spot for the Centre in FY22
 "Budget 2022: FM stays on fiscal correction path, banks on capex push")
