Search For "capex"
UltraTech Cement to invest Rs 12,886 crore on capacity expansion
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 2 (ANI): India's largest cement producer UltraTech Cement on Thursday said it will invest Rs 12,886 crore to increase its production capacity by 22.6 million tonnes per annum (MTPA).
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Capital expenditure in manufacturing gets big push in 2021-22
Updated : 3 years, 10 months ago IST
New Delhi [India], April 27 (ANI): Private sector capital expenditure (capex) in manufacturing surged by around 150 per cent in 2021-22 year-on-year backed by mega project announcements in steel, cement and auto sectors, Goldman Sachs said in a report.
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FIRST Construction Council: 35 per cent Capex Jump to Rs 7.5 Trillion Unde
Updated : 4 years ago IST
New Delhi [India], February 18 (ANI/BusinessWire India): As per the Economic Survey released by the finance ministry, the performance of the steel industry is pivotal to the growth of the economy. India's crude steel production increased 25 per cent year-on-year to 66.91 million tonne during
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ONGC net profit surges seven-fold to Rs 8,764 cr in Q3
Updated : 4 years, 1 month ago IST
New Delhi [India], February 12 (ANI): Oil and Natural Gas Corporation (ONGC) on Saturday said its net profit surged to Rs 8,764 crore in the third quarter of the current financial year against Rs 1,258 crore recorded in the corresponding period of the previous year, posting year-on-year incr
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FY '23 CAPEX size not as large as it seems: Crisil
Updated : 4 years, 1 month ago IST
New Delhi [India], February 9 (ANI): Finance Minister Nirmala Sitharaman sprung a surprise in Budget 2022 by setting aside a whopping Rs 7.50 lakh crore as capital expenditure for FY23 in Budget 2022, which domestic credit rating agency Crisil on Wednesday said "is not as large as it seems".
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JSP reports standalone net profit of Rs 1,714 cr, consolidated PAT stands
Updated : 4 years, 1 month ago IST
New Delhi [India], February 8 (ANI): Jindal Steel & Power (JSP) on Tuesday reported Rs 1,622 crore consolidated net profit for the third quarter of the current financial year while the standalone profit after tax (PAT) stood at Rs 1,714 crore during the same period.
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Sitharaman urges private sector to leverage new opportunities and invest i
Updated : 4 years, 1 month ago IST
New Delhi [India], February 5 (ANI): Finance Minister Nirmala Sitharaman on Saturday urged the private sector to increase investments in India leveraging on the opportunities created by the high capital expenditure by the government.
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Economic Survey has set stage for pvt investment, growth: Indian industry
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): With the government's new Chief Economic Adviser Anantha Nageswaran articulating his hopes on private capex cycle to build on the back of what the Central and state governments have done, India Inc has some reason to cheer-- an Economic Survey which fo
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Sitharaman holds meeting for enhancing capital expenditure on power, coal,
Updated : 4 years, 4 months ago IST
New Delhi [India], November 2 (ANI): With the aim to boost the capital expenditure (CAPEX) and infrastructure progress in the country, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chaired review meetings with the Ministry of Power, Ministry of Coal and Department of At
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Nirmala Sitharaman holds review meeting on CAPEX for Civil Aviation, Telec
Updated : 4 years, 4 months ago IST
New Delhi [India], October 25 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chaired review meetings with the Ministry of Civil Aviation and Department of Telecommunications on Monday and asked them to fast-track infrastructure development.
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Specialty chemicals' capex to spurt 50 pc on strong demand: Crisil
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI): A revival in domestic demand and continuing robust exports will spur 50 per cent on-year increase in the capital expenditure (capex) of specialty chemicals manufacturers this fiscal to Rs 6,000 to 6,200 crore, according to Crisil Ratings.
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Strong capex cycle unfolding in Asia: Morgan Stanley
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 6 (ANI): Asia's capex trend has already moved 2 per cent above pre-Covid path, making this recovery the fastest compared with the last three cycles, Morgan Stanley said on Monday.
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