Tata Steel trims capex by 25% to Rs 10,000-cr this fiscal

Tata Steel, which reported a massive Rs 5,674 crore loss in the March quarter due to non-cash write downs, Wednesday said it will spend Rs 10,000 crore in capex this fiscal as it hopes demand conditions to improve over the next few quarters.

BPCL raises $500 mn to fund capital expenditure

State-owned Bharat Petroleum Corp Ltd (BPCL) Thursday said it has raised USD 500 million through fixed rate unsecured notes to fund its capital expenditure.

Investment on cusp of revival as capex rises

RBI Governor Raghuram Rajan Tuesday said green shoots are visible in the investment climate, but refrained from commenting on the new CSO series on economic growth numbers.

Budget 2015: Credit Suisse sees FM boosting capex, raising I-T slab

Swiss brokerage firm Credit Suisse is expecting a growth-boosting budget on Saturday with increase in public spending and in the personal income tax exemption limits.

SBI arm for higher fiscal deficit target to boost investment

Analysts and economists at the nation's largest lender SBI today joined the call for stretching the fiscal deficit target by a few notches so that the government can boost capex without impacting the fiscal consolidation process.

Royal Enfield to invest Rs 500 cr on capex, tech centers

Royal Enfield, the two-wheeler division of Eicher Motors, will invest Rs 500 crore this year on various activities, including setting up of two technology centres and increasing its production capacity to 4.5 lakh units annually.

RIL hopes for Rs 10,000-cr capex in remaining part of FY'15

Reliance Industries, which Monday reported a 1.7 percent rise in net profit at Rs 5,972 crore for the three months to September, expects up to Rs 10,000 crore capital expenditure in the remaining part of this fiscal.

Britannia plans up to Rs 200 cr capex over two years

FMCG company Britannia Industries Limited is planning a capital expenditure between Rs 150 crore and Rs 200 crore over the next two years, its chairman Nusli Wadia said.

PGCIL to feed wind energy generated power to national grid

State-run transmission utility PGCIL plans to set up a system to feed electricity generated from offshore wind energy projects to the national electricity grid, a top official said on Tuesday.

Tata Motors lines up up to Rs 4,000 crore capex

With expected turnaround of auto industry by the latter half of the financial year, Tata Motors on Thursday said it is investing Rs 3,500-Rs 4,000 crore this year.

Bharti Infratel posts 29% jump in Q1 profit at Rs 462.8 crore

Telecom infrastructure company Bharti Infratel today reported 29.4 percent jump in net profit to Rs 462.8 crore for the April-June quarter of 2014-15 and it will invest Rs 1,345.7 crore in capital expenditure by the end of this fiscal.

10% duty will add to capex burden by Rs 1,000 crore: COAI

India has signed ITA 1 as a member of World Trade Organisation (WTO) in March, 1997 which, has finished off the electronics manufacturing industry in the country.

OVL to raise Rs 5,190 cr loans to meet capex in FY15

ONGC Videsh Ltd has planned capital expenditure of Rs 14,792 crore.

Some major PSUs to miss capex targets in FY'13

According to Budget 2013-14 documents, steel major SAIL is estimated to miss the capex target by over 17 percent this fiscal. The Maharatna-status company had originally targeted to invest Rs 14,500 crore in 2012-13.

NTPC plans Rs 20,200 crore capex for 2013-14

NTPC has installed capacity of about 40,000 MW and plans to enhance it to about 70,000 MW by March, 2017.

Gail plans Rs 9,000 crore capex in FY 2014

The allocation will be utilised for the ongoing projects," Gail India Chairman and Managing Director B C Tripathi told reporters here.

Construction sector witnessing slowdown: Icra

The construction industry is witnessing a decline in order inflows mainly as corporates have been deferring their capex plans due to policy delays, according to a report by rating agency Icra.

NTPC plans capex of over Rs 29,000 cr in FY`11

Country`s largest power producer
NTPC on Wednesday said it plans to spend over Rs 29,000 crore in the
next fiscal to augment its power generation capacity.

On lower equipment costs Telenor cuts capex by Rs 3500cr

Benefitting from lower equipment costs, the Norwegian mobile operator Telenor, has cut down its India investments plans by a hefty Rs 3,500 crore from the earlier estimate of Rs 15,500 crore, spread over five years.

Cipla plans capex of up to Rs 1,500 cr; to tap markets

Leading pharma company Cipla Ltd
on Wednesday said it envisages a capital expenditure of up to Rs
1,500 crore for which it will tap the markets.