Search For "capex"
Fitch affirms Bharti's Ratings at 'BBB-' with Stable Outlook
Updated : 2 years, 4 months ago IST
The affirmation is grounded in Fitch's expectation of Bharti's continuous improvement in EBITDA net leverage, driven by robust cash flow growth, and its capacity to fund considerable 5G-related capex alongside shareholder returns.
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APAC Oil and Gas producers maintain capex amidst energy transition: Fitch
Updated : 2 years, 4 months ago IST
According to Fitch Ratings, despite these financial commitments, APAC O&G companies have more flexibility for capex as they have significantly reduced leverage in 2022. Additionally, most of these companies enjoy robust access to funding, thanks to their close affiliations with sovereign
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Cabinet approves productivity-linked bonus for non-gazetted Railway employ
Updated : 2 years, 4 months ago IST
This bonus is for the financial year 2022-23 and will benefit a wide array of railway staff, including Track maintainers, Loco Pilots, Train Managers (Guards), Station Masters, Supervisors, Technicians, Technician Helpers, Points man, Ministerial Staff, and other Group 'C' staff, excludin
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BPCL Plans to Invest Rs. 1.5 Lakh Crore in the Next 5 yrs Towards Project
Updated : 2 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 29: Bharat Petroleum Corporation Limited (“BPCL”), a prominent 'Maharatna' and Fortune Global 500 Company, unveiled its ambitious roadmap for the next five years at the 70th Annual General Meeting (AGM) held today. “The company has planned a capex outlay
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UP govt to run electric buses for 5 districts including Ayodhya
Updated : 2 years, 7 months ago IST
With the aim to facilitate the movement of people to the religious places of the state, the Yogi government plans to run electric buses to the major religious centres of the state such as Ayodhya, Kashi, Prayagraj, Mathura, and Chitrakoot from Lucknow. For this, the Uttar Pradesh State Road
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Zarnik Revamps B2B E-commerce Platform for Small Hotels
Updated : 2 years, 7 months ago IST
Kochi (Kerala) [India], July 21: Zarnik, a startup founded by entrepreneurs from Kerala, has launched a revamped B2B e-commerce platform tailored to the specific needs of small and medium-sized hotels, Airbnbs, homestays, resorts, and boutique properties.
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Coal Ministry Action Plan aims to achieve Aatmanirbhar Bharat by enhancing
Updated : 2 years, 10 months ago IST
The Ministry of Coal has conceptualized an Action Plan for the FY 2023-24 with the goal of achieving 'Aatmanirbhar Bharat' by enhancing the production, efficiency, sustainability, new technologies etc. in the coal sector, said an official statement on Wednesday.
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Best Agro to increase its market share by 20 per cent, will also invest to
Updated : 2 years, 10 months ago IST
New Delhi [India], April 20 (ANI/NewsVoir): Best Agrolife Ltd. (BAL) (BSE: BESTAGRO 539660), India's leading agrochemicals manufacturer, has announced its medium to long-term target to gain 15-20 per cent market share. The company is also enhancing its manufacturing capabilities through 'bro
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Planned CapEx of Rs 16,100+ crores from Indian Specialty Chemicals over th
Updated : 2 years, 11 months ago IST
Bangalore (Karnataka) [India], March 23 (ANI/PRNewswire): In a recent study on Specialty Chemicals by Windmill Capital, a wholly- owned subsidiary of smallcase, it is expected that Indian Specialty Chemicals companies have CapEx plans in excess of Rs. 16,100 crores over the next 3 years. Asi
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Everest to set up new facility with Rs 125 cr capex
Updated : 3 years ago IST
According to a statement shared with exchanges, the capex would enhance the existing capacity of 72,000 mtpa to 114,000 mtpa for ESBS division. It is expected that said capex would be operational by March 31, 2024. It will be funded by a mix of internal accruals and debt.
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Rs 10L-cr capex will usher in new markets, opportunities: Scindia
Updated : 3 years ago IST
In his address at the inaugural session of the two-day 4th Edition of the Global Zinc Summit in New Delhi, Scindia said, "Today, India is one of the fourth largest producers in the world, producing almost 6 per cent of the world's capacity. Zinc is an excellent corrosion-resistant material."
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India's Budget to sustain demand for corporates: Fitch Ratings
Updated : 3 years, 1 month ago IST
The higher spending, tax cuts and supportive policies announced in India's Budget for 2023-24 are expected to support sustained demand growth and improve the longer-term prospects for corporates.
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