GDP Grew at 8.3% in Q2, 9.4% in FY22
Rating agency India Ratings forecasts the Gross Domestic Product (GDP) to expand 8.3 per cent in Q2 and close the year with 9.4 per cent....
Tag : capex
Bharti Airtel’s Equity Issuance to Aid Deleveraging: Fitch
Bharti Airtel Ltd’s planned $ 2.8 billion equity issuance will improve its net leverage to around 2.0x (end-March 2021: 2.1x) and provide funds to strengthen...
Hero MotoCorp Raises Capex for FY22 to Rs 1,000 Crore
Hero MotoCorp, India’s largest two-wheeler manufacturer, has lined up a capital expenditure (Capex) in the range of Rs 800-1,000 crore for FY22 after it made...
Hindustan Foods Unit to Invest Rs 125 Crore in North India
FMCG firm Hindustan Foods on Tuesday said its subsidiary will invest Rs 125 crore to set up a manufacturing facility in north India as part...
Heranba Industries Eyes Rs 1,200 Cr Revenue In FY21
Agrochemical firm Heranba Industries, which is planning to enter the capital markets quickly, is anticipating Rs 1,150-1,200 crore income in 2020-21 because the financial actions are...
Tata Motors to Cut Mid-Term Capex by Rs 50,000 Crore to Target Zero-Debt
Tata Motors reported that it might slash more than Rs 50,000 crore from its previously estimated capital expenditure on the Jaguar Land Rover unit and India...
Petrol, Diesel Prices Go up From April 1
Indian Oil Corporation (IOC) said that it is ready to supply low emission BS-VI fuel from April 1 and that there will be a marginal...
RIL is 1st Indian Company to Cross Rs 10 Tn in Market Cap
Reliance Industries Ltd (RIL) has become the first Indian company to cross Rs 10 trillion market capitalization. The stock was raised up around 1 per...
NTPC to Seek Shareholder Nod to Raise Rs 15,000 crore
To raise borrowing limit to Rs 2 lakh crore, state-owned NTPC will seek shareholders’ approvals to raise Rs 15,000 crore through issuance of bonds or...
Tata Steel Said Internal Cash Flows Will Help Cutting Debts
Tata Steel Ltd. is not looking for a joint venture partner in Europe for now after a deal Germany’s ThyssenKrupp fell, but plans to go...