Capex Plans News

Companies

Adani Transmission to raise up to ₹3,000 crore via QIP

Adani Transmission, which is looking to complete the fundraising by March, plans to use the capital for debt reduction and capex

2 min read16 Jan 2019
Companies

JK Cement launches QIP to raise ₹600 crore for capex

JK Cement has set a floor price of 732.42 per share for the QIP offering, a premium of 2.77 over its share price on Monday

1 min read25 Dec 2018
Companies

After Airtel, Vodafone Idea hikes minimum recharge tariff

Vodafone Idea is gearing up to take on Airtel and Reliance Jio with aggressive expansion of its 4G telecom towers and segmenting its markets into four parts to enhance profits

3 min read22 Nov 2018
Market

How Vodafone Idea’s $3.5 bn fundraising will impact telecom in India

A more aggressive stance from Vodafone Idea will make the market share battle against Reliance Jio and Airtel uglier. As such, things may get worse before they get better on the profitability front

2 min read15 Nov 2018
Market

Bharti Airtel’s African safari takes a curious turn

Even if the Tanzanian business were left out, it wouldn't materially change the valuation of Airtel Africa

1 min read5 Nov 2018
Companies

JSW Steel revamps production to meet steel demand

JSW Steel will spend 44,415 crore to boost current production capacity to 24.7 million tonnes per annum by 2020-21

2 min read29 Oct 2018
Companies

Vedanta to invest $2.3 billion in oil and gas in near term

According to its annual report for 2017-18, Vedanta aims to increase production from the current 200,000 barrels per day to 300,000 bpd over the next few years

1 min read19 Aug 2018
Market

Apollo Tyres, Ceat, MRF betting big on rising local demand

The only hitch is that most tyre firms would need to raise debt to fund hefty capex, which perhaps explains why their share prices have been wobbly within a range in the recent past

2 min read6 Aug 2018
Auto

Automobile industry planning ₹ 58,000 crore capex in 2 years

The 58,000 crore capex plan of India's automobile industry is a 30% jump from the previous two comparative fiscal years, says Crisil

2 min read6 Aug 2018
Industry

Royal Enfield lines up Rs800 crore capex for current fiscal

Eicher Motors has decided to expand its production capacity with the second phase of Vallam Vadagal plant near Chennai

1 min read4 Apr 2018
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