Page 7 - Capex

Vedanta eyes 70% topline growth in 3 yrs on Rs 55,000-cr capex programme

The company has completed a Rs 10,000 capital expenditure in the just concluded year

Vedanta spent Rs 10,000 cr on capex in FY19, plans another 55k cr

Vedanta stated that its growth plans will see it becoming the world's largest zinc producer and among the top three silver producers

Budget 2019: India won't become a superpower with these allocations

Only 3.4% of total federal spending was budgeted for education - down from 3.74% the previous year and from 4.3% when Modi took over in 2014

Budget 2019: Centre's capex projected to rise to Rs 3.38 trillion in FY20

So the heavy lifting in public investment has to be shouldered by the 257 operating central public sector enterprises

Election impact: New projects down 85% YoY in June on Capex slowdown

CMIE data puts value of new projects at Rs 43,000 cr, compared with Rs 3.45 trillion a year ago; completed projects down 60% to Rs 53,000 cr from Rs 1.33 trillion in June 2018

Capex of 16 states shows robust 21.9% growth in first 5 months of FY19

The total capital spending by these states is budgeted at Rs 4 trillion in 2018-19, roughly 70% of the state capex of Rs 5.75 trillion

Top fund houses turn overweight on capital goods amid capex revival signs

Money managers raise their bets on L&T and NTPC

Centre not driving investment: Capex fell substantially in Q4

Capex fell substantially in March quarter but capital formation in the economy swelled, says the data; none clear on how this happened

Govt projects 26% rise in capex over next two years

Framework forecasts revenue spending of Rs 20 lakh cr in 2018-19, Rs 22.05 lakh cr in 2019-20

Private capex revival: Infra, energy might see another tepid year

An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming

Capex-linked sectors may outperform in last 2 years of Modi govt

The brokerage firm's top picks in this space include L&T and BHEL

Capex on rail infrastructure sees sharp jump over 28%

It has witnessed a jump touching Rs 68,059 cr as compared to the Rs 53,118 cr in the last year

13 states spent only 22% of capex budget: Investment worries in second quarter

13 states together spent only 22% of total amount budgeted for capex during the April to July/August period this fiscal