Construction sector witnessing slowdown: Icra

Last Updated: Wednesday, October 24, 2012, 19:04

The construction industry is witnessing a decline in order inflows mainly as corporates have been deferring their capex plans due to policy delays, according to a report by rating agency Icra.

SAIL hikes 12th Five-Year capex plan to Rs 65,000 cr

Last Updated: Sunday, September 23, 2012, 15:31

Steel Authority of India (SAIL) has hiked its planned expenditure during the 12th Five-Year Plan by 33 percent to Rs 65,000 crore on modernisation and expansion.

CIL to spend Rs 24,500 cr on capex, plans Rs 14,500 cr on rail

Last Updated: Wednesday, September 12, 2012, 19:26

Rao said CIL was making all attempts to boost production and was hopeful of meeting the production target of 464 million tonnes (MT) for the current fiscal.

Power Grid plans Rs 20,000-cr capex in FY’13

Last Updated: Wednesday, May 30, 2012, 23:58

State-run transmission utility Power Grid Corp, which posted a 37.35 percent increase in net profit at Rs 1,031.69 crore for the March quarter, up from Rs 751.12 crore a year ago, is planning a capex of Rs 20,000 crore in the current fiscal.

JSW plans capex of Rs 6,000 cr in FY13

Last Updated: Monday, May 14, 2012, 22:34

JSW Steel, which has a 10 million tonnes (MT) steel plant at Vijaynagar in Karnataka, is currently under expansion phase to increase its capacity to 12 MT.

Essar Shipping inducts new vessel; $1 bn capex plan

Last Updated: Tuesday, February 28, 2012, 21:20

The ESL at present has a diversified fleet of vessels, including Capesizes, Supramaxes, mini bulk carriers and tugs.

May have to revisit capex plans: IOC

Last Updated: Monday, January 9, 2012, 22:38

Indian Oil Corporation may face financial strain and may have to revisit its capex plans if the government does not reimburse the under-recoveries, a top official of the company said here.

ONGC to buy Cairn's 10% stake in gas-discovery block

Last Updated: Wednesday, December 21, 2011, 14:06

State-owned Oil and Natural Gas Corp (ONGC) on Wednesday said it will buy 10 percent stake of Cairn India in a gas-discovery block that sits next to Reliance Industries' prolific KG-D6 area in the Bay of Bengal.

Bharti looks for $1.4-1.5 bn Africa capex in FY12

Last Updated: Friday, November 4, 2011, 11:21

Airtel says it has 7 million subscribers on its 3G services in India.

HCL Technologies plans capex of $230 mn for FY12

Last Updated: Tuesday, October 18, 2011, 13:08

HCL Technologies, India's fourth largest software services firm, has a capex plan of USD 230 million for its current fiscal year ending June, its Chief Financial Officer Anil Chanana told reporters on Tuesday.