Search For "capex"
S&P affirms Power Grid's BBB-minus rating with stable outlook
Updated : 5 years, 1 month ago IST
Singapore, Feb 11 (ANI): S&P Global Ratings has affirmed BBB-minus long-term issuer credit rating on Power Grid Corporation, the largest power transmission company in India which manages about 85 per cent of the country's inter-state transmission system.
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With biggest ever capex availability, Railway to become catalyst of change
Updated : 5 years, 1 month ago IST
New Delhi [India], February 4 (ANI): Calling the Union Budget 2021-22 "historic" for Indian Railways, Union Minister Piyush Goyal on Thursday said that the highest capital expenditure (CapEx) for Indian Railways will act as a "huge catalyst" to revitalise the economy and lead Indian Railways
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India Inc gives thumbs up to Budget
Updated : 5 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The industry stakeholders gave thumbs up to the Union Budget presented by Finance Minister Nirmala Sitharaman on Monday, saying it gave a booster dose to the economy through six pillars of mega rise in capital expenditure on healthcare, physical infrastru
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Finance Minister tells CPSEs to put more efforts to achieve the target of
Updated : 5 years, 3 months ago IST
New Delhi [India], November 27 (ANI): In financial year (FY) 2020-21, against the capital expenditure (CAPEX) target of Rs 61,483 crore for 10 Central public sector enterprises (CPSEs) belonging to Ministries of Power, Mines and Department of Atomic Energy, the achievement was Rs Rs 24,227 c
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Finance Minister holds 4th review meeting on CAPEX of Central Public Secto
Updated : 5 years, 4 months ago IST
New Delhi [India], October 19 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday held a video conference with secretaries of the Ministries of Petroleum and Natural Gas and Coal, along with the chairman cum managing directors of 14 Central Public Sector Entr
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States' fiscal deficit at 37 pc for Q1, total capex by govts grows just 2
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 11 (ANI): The total receipts of 14 states in India declined by 18.2 per cent year-on-year in the first quarter of current fiscal while total spending grew by just 2.7 per cent, Motilal Oswal Financial Services said on Friday.
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States may cut FY21 capex by Rs 3 lakh crore due to GST shortfall: ICRA
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 10 (ANI): States may have to significantly cut their expenditure by as much as Rs 3.4 lakh crore in the current fiscal if they are not paid full compensation relating to Goods and Services Tax (GST), investment information agency ICRA has said.
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8,363 projects worth 5.88 lakh crore in oil, gas sectors resumed since Apr
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 25 (ANI): Oil and gas industry has started and progressively resumed 8,363 projects and economic activities with an anticipated cost of Rs 5.88 lakh crore since April 20 by following all COVID-19 related standard operating procedures.
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Sitharaman asks secretaries to ensure capital expenditure to tune of 50 pc
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 14 (ANI): Union Finance Minister Nirmala Sitharaman on Friday held the third review meeting of seven CPSEs (Central Public Sector Enterprises) on capital expenditure in this financial year.
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Finance Minister Nirmala Sitharaman holds second review meeting on CAPEX o
Updated : 5 years, 7 months ago IST
New Delhi [India], July 23 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Thursday held a video conference with Secretaries of the Ministries of Civil Aviation, and Steel, and the Railway Board Chairman, along with the CMDs of seven Central Public Sector Ent
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Corporate stress to level 18.2 pc of outstanding debt over FY21-22: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 6 (ANI): The impact of COVID-19 and associated policy response is likely to result in an additional Rs 1.67 lakh crore of debt from the top 500 debt-heavy private sector borrowers turning delinquent between FY21 and FY22, India Ratings and Research (Ind-Ra)
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Asia Pacific telecoms on course for muted growth, 5G delays: Fitch
Updated : 5 years, 8 months ago IST
Singapore, June 26 (ANI): The average revenue growth for Asia Pacific telecom sector will be flat to low-single-digit this year (2019: 4 per cent) before recovering to pre-pandemic levels in 2021, according to Fitch Ratings.
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