Page 6 - Capex

Capex measures to deliver the goods rather than the consumption booster

States and centre would be spending more on projects like roads, urban development, defence as a result of Finance Minister's announcements.

NTPC eyes 340 bu electricity generation, Rs 21,000 cr capex in FY21

In its MoU with power ministry detailing targets for the year, the company has mentioned a revenue target of Rs 98,000 crore

Railways achieves 31% of targeted capex in five months despite Covid-19

During the time of lockdown, the Railways increased the pace of infrastructure works, completing almost 200 projects that needed a traffic blockade

Centre has walked the talk on capex, shows official data

Data from Controller General of Accounts shows capital expenditure for April-June 2020, at Rs 88,273 crore, was 40% higher than a year ago, though the gap narrowed to just 4% by July-end

Covid-19 restrictions to shave off 18% of ONGC capex for FY21: Executive

"Capex flow will get pushed to next fiscal," Subhash Kumar said adding FY21 capex would be around Rs 26,500 crore

Revenues are close to 75% of pre-coronavirus levels, says Sun TV

Speaking to investors, S L Narayanan, Group CFO, Sun TV Network said, capex depends on how quickly the theaters restart

Hit by Covid-19 disruptions, BPCL trims FY21 capex plans to Rs 8,000 cr

The company on Thursday reported a doubling of its net income at Rs 2,076 crore in the June quarter boosted by an inventory gain of Rs 565 crore and a marketing gain of Rs 1,003 crore

Solar power counts the price for bidding cheap in race for projects

Even as companies are stretching themselves for funds, calling for a clarity in government policy, Shreya Jai explains the problems pulling down solar power

Another lockdown will hit automakers hard, affect capex plans: CARE Ratings

Several state governments have been announcing lockdown again in select areas for different time periods to check the Covid-19 pandemic

Capex plan, capital budget for FY21 pegged at Rs 10,000 crore: Coal India

The capex of CIL, at Rs 844 crore during the first quarter of the current financial year, crossed the provisioned target of Rs 720 crore

ONGC seeks crude price assurance of $45 per barrel, cuts capex by 15%

The largest domestic oil and gas producer had budgeted a capex of Rs 32,502 crore for the financial year, which has now been cut to around Rs 27,500 crore.

Hero MotoCorp cuts capital expenditure for FY21 by 40% to conserve cash

Firm says retail uptick has been very encouraging; Hero hopes to clock 80% volume of what it was doing before the pandemic struck, in June

NTPC to raise Rs 4,374.10 crore via bonds to fund capex, refinance loans

The proceeds will be utilised for funding of capital expenditure, refinancing of existing loans and other general corporate purposes, the company said in a regulatory filing

Covid-19 impact on infrastructure capex may be worse than seen in 2008

As janta curfews and lockdowns impact ongoing projects, government spending on relief measures may limit future infra spends

BPCL disinvestment: Next significant capex after new investor steps in

BPCL is in the process of buying land from Hindustan Organic Chemicals to set up the planned facilities

Force Motors plans Rs 600 cr capex to develop 2 BS-VI models in two years

Last week, the company, the largest van maker in the country with a market share of over 68 per cent, unveiled the van 'T1N', which will be mostly exported.

For states, balancing fiscal maths and capex will be challenging: CRISIL

The rating agency - in its Infrastructure Yearbook 2019, released on Tuesday - said most of the sub-sectors in infrastructure have shown stress this year, compared to the previous year

JSW Steel Q2 PAT rises 22% to Rs 2,536 cr on one-time tax gain

Company cuts capex, production, sales guidance for FY20

States put the foot down on capex; outlays up 17% during FY15-19

The expenditure is concentrated primarily on economic services that accounted for around 70 per cent of the spending

Tax windfall: India Inc to increase capex spending, retire high-cost loans

Among the profit-making companies which would gain the most in absolute terms are RIL, Oil and Natural Gas Corporation, and Indian Oil Corporation