GAIL India gains on Rs 30,000-crore capex plan

[ad_1] GAIL India Limited shares were trading nearly a percent higher on August 24 morning, a day after chairman Sandeep Kumar Gupta said the company was targeting a capital expenditure…

CelcomDigi records net profit of RM343.52mil in 2Q, posts 3.2 div/share

[ad_1] KUALA LUMPUR: CelcomDigi Bhd says it is pushing ahead with network integration and modernisation initiatives as it announced a positive set of results for the second quarter of its…

Tata Steel plans ₹16,000 crore consolidated capex in FY24; check details

[ad_1] Industry giant Tata Steel is planning a consolidated capital expenditure (capex) of ₹16,000 crore for its domestic and global operations during the current financial year, according to its top…

Barilla outlines five-year capex plan

[ad_1] Barilla sauces on sale in Malaysia, October 2022 (Image credit: ShamAn77 // Shutterstock.com) Italian pasta giant Barilla is to invest €1bn ($1.07bn) in capex over the next five years.…

Superior Graphite to Build 24.000 Ton Per Annum Active Anode Material Capacity at 1/3 the CapEx Cost

[ad_1] Article content CHICAGO — Superior Graphite, a leading producer of graphite, plans to construct a USD180 million anode materials facility to meet the accelerating demand for EV’s and energy…

Adani flagship company lowers capex goal to $3.8 bn

[ad_1] News Business Adani flagship company lowers capex goal to $3.8 bn This is the first material correction in AEL’s investment plans after the group was hit by US-based short-seller…

Capex loans to start flowing to states

[ad_1] News Business Companies Capex loans to start flowing to states Accordingly, the states in aggregate would have to invest `6.12 trillion in FY24, excluding capex support given by the…

Hibiscus eyes aggressive growth

[ad_1] Hibiscus Petroleum Bhd has come a long way since its listing more than a decade ago, surviving the 2014 oil price crash and breaking the scepticism that investors had…

Indian corporates may see 10%-12% capex growth in FY24, says Fitch

[ad_1] Fitch Ratings on Tuesday said India’s structural demand visibility, supply-side measures and healthier corporate, bank balance sheets are likely to push capex up for the corporate sector over the…

Axiata to focus on cost synergies and revenue

[ad_1] PETALING JAYA: The outlook for Axiata Group Bhd’s dividend payout remains muted for financial year 2023 (FY23) until FY25, according to UOB Kay Hian (UOBKH) Research. It would be…