Stay updated with the latest capital-expenditure news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on capital-expenditure topics.
Bhubaneswar, Mar 31 (PTI) Amid a walkout by the opposition MLAs, the Odisha Assembly on Tuesday passed an appropriation Bill, allowing the state government to spend Rs 3.10 lakh crore from its consolidated fund during the financial year 2026-27. Speaking in favour of the Bill, Chief Minister Mohan Charan Majhi, who also holds the Finance portfolio, said the budget estimation for 2026-27 is Rs 3.10 lakh crore, which is 7 per cent more than the budget estimates made for the financial year 2025-26 ...Read More >
New Delhi [India], March 30 (ANI): Rating agency ICRA highlighted that the revenue growth of construction players hit a speed bump in 2025-26, with road focussed contractors among the worst hit. The construction sector is likely to witness a muted revenue growth of 2-4 per cent in 2025-26, after an almost flat performance in 2024-25, according to an analysis by ICRA. However, it expects the industry to witness a revenue growth of 6-8 per cent in 2026-27 after two bleak years. Shrinking order b ...Read More >
Accountant general (audit) releasing the CAG reports in Bhubaneswar on Tuesday. The Comptroller and Auditor General (CAG) of India has pulled up the Odisha government for inefficiency in revenue realisation from state public sector undertakings (SPSUs), leading to non-remittance of over Rs 5,000 crore. As per the latest CAG report on state finances for 2024-25, tabled in the Assembly on Tuesday, as many as 27 SPSUs failed to remit Rs 5,146.76 crore in dividends despite reporting profits, in vi ...Read More >
Premier Energies has commissioned its 5.6 GW solar module manufacturing facility at Seetharampur in Telangana, with trial production already underway.Spread across 75 acres, the facility is expected to generate around 2,000 jobs, boosting the local economy and strengthening Indias clean energy manufacturing ecosystem. With this addition, the companys total solar module manufacturing capacity has increased to 11.1 GW, reinforcing its position among Indias largest solar manufacturers. The newly c ...Read More >
Bhubaneswar: Odisha's economy grew at a moderate rate of 11.40 per cent in 2024-25 compared to previous year, with Gross State Domestic Product (GSDP) rising to ₹8.90 lakh crore from ₹5.40 lakh crore in 2020-21, reflecting a compound annual growth rate of 13.30 per cent, according to the Comptroller and Auditor General's (CAG) State Finances Audit Report (Report No. 3 of 2026). Despite the steady economic expansion, the report cautioned that structural weaknesses in revenue mobilisation, expend ...Read More >
New Delhi, Mar 31 (PTI) Premier Energies on Tuesday said it has commissioned its 5.6 GW solar module manufacturing facility at Seetharampur, Telangana. Spread across 75 acres, the facility is expected to create approximately 2,000 jobs, boosting local economy and strengthening India's clean energy manufacturing ecosystem, a company statement said. With this capacity addition, Premier Energies' total solar module capacity has now touched 11.1 GW. This facility can produce four G12R TOPCon high- ...Read More >
New Delhi: The Central government's fiscal deficit touched 80.4 per cent of the budgeted target by the end of the first 11 months from April to February of the financial year 2025-2026, reflecting a strong fiscal position, according to figures released by the Comptroller General of Accounts on Monday. The gap between the government's expenditure and revenue stood at Rs 12.53 lakh crore from April to February, against the full-year target of Rs 15.58 lakh crore. In the same period of the previou ...Read More >
Kabra, who spelt out the financial position of the department and the progress of projects being executed under the UT capex budget and centrally-sponsored schemes, said that as per the status of Har Ghar Jal certification of villages, 1,379 villages had been reported under the programme by February 21, 2026. "Of this target, 874 villages have been certified so far," he said. Kabra also stressed the need to minimise the gap between completed and operational schemes by ensuring the timely commis ...Read More >
Jammu, Mar 11 (PTI) Forty-three projects worth Rs 423.86 crore were undertaken across the Public Health Engineering (PHE) and Irrigation and Flood Control (I&FC) sectors in J&K in 2025, with 874 villages getting certified under the Har Ghar Jal scheme in 2025-26, an official said on Wednesday. "Under SASCI (Special Assistance to States for Capital Investment) works 2025-26, a total of 43 projects with an estimated cost of Rs 423.86 crore have been undertaken across the PHE and I&FC sectors in J ...Read More >
MUMBAI: The budget of the Brihanmumbai Municipal Corporation (BMC) is expected to touch a whopping ₹80,000 crore this year, surpassing last year's outlay and marking the highest-ever budget to be presented in Asia's richest municipal corporation on Wednesday. Following the end of the four-year administrator's rule in the civic body, the standing committee will once again present the budget. The jump in the budget this year is largely attributed to an additional revenue of ₹800 crore in prope ...Read More >
New Delhi, Feb 24 (PTI) Omnitech Engineering, a manufacturer of precision-engineered components, on Tuesday raised over Rs 174 crore from anchor investors, a day before the opening of its initial share-sale for public subscription. The anchor book saw participation from several domestic and global investors, including ICICI Prudential Mutual Fund (MF), Nippon India MF, WhiteOak Capital MF, Ashoka India Equity Investment Trust Plc, Malabar India Fund, Edelweiss MF and Allianz Global Investors, a ...Read More >
G-III, Ground Floor, Dalamal House, Jamnalal Bajaj Marg, Nariman Point, Mumbai Maharashtra - 400021 When does Phytochem Remedies (India) Ltd. IPO opens and closes? Phytochem Remedies (India) Ltd. IPO opens from 18th December to 22nd December 2025. What is the size of Phytochem Remedies (India) Ltd. IPO? The size of the Phytochem Remedies (India) Ltd. IPO is ₹20.07 Cr. What is the minimum investment and lot size required for the Phytochem Remedies (India) Ltd. IPO? The minimum investment r ...Read More >
New Delhi, Dec 17 (PTI) Corrugated boxes and boards manufacturer Phytochem Remedies (India) Ltd on Wednesday announced that its Rs 38.2 crore initial share sale will open for public subscription on December 18. The initial public offering (IPO) will conclude on December 22. The IPO is entirely a fresh issue of 39 lakh equity shares at a price of Rs 98 per scrip worth Rs 38.22 crore. The net proceeds from the fresh issue will be used to fund capital expenditure requirements for the purchase of ...Read More >
MUMBAI: Structural and regulatory reforms, lower borrowing costs, accelerated capital formation, benign inflation and a cyclical boost from policy easing will help the economy gain more momentum in FY27, growing at 7.5% according to a private forecast. According to Neelkanth Mishra, the chief economist at Axis Bank and head of research at Axis Capital, the economy can sustain above-trend growth without inflationary pressures given economic slack. He told reporters here Tuesday that he expect th ...Read More >
Mumbai: Shivganga Drillers, Renny Strips and Aspri Spirits have filed their draft red herring prospectus for their respective initial public offerings. Shivganga Drillers, an integrated oilfield services provider offering onshore drilling, aims to raise Rs 400 crore through a fresh issue of equity shares. The company proposes to utilise the net proceeds towards capital expenditure towards the purchase of plant and machinery; repayment of certain borrowings availed by the company, and for general ...Read More >
Tata Power plans a significant capital expenditure of Rs 25,000 crore annually until FY30, with 65% dedicated to clean energy projects. The company aims to nearly triple its clean and green capacity to 20 GW by March 2031 and expand its customer base in the distribution segment to 40 million by 2030. Tata Power on Monday said it is aiming for a capex of Rs 25,000 crore in the current fiscal year and will look to maintain the same annual spend till FY30. As per an investor presentation, 65 per ...Read More >
New Delhi, Dec 16 (SocialNews.XYZ) Antique Stock Broking on Tuesday initiated coverage on Adani Power Limited (APL) with a 'Buy' rating, setting a target price of Rs 187 per share. With the stock currently trading around Rs 144, the brokerage sees an upside potential of about 30 per cent, driven by strong earnings visibility, large capacity expansion plans and improving balance sheet strength. In its report, Antique said Adani Power is entering a multi-year earnings upcycle, supported by a sha ...Read More >
Tata Steel shares: The company announced plans to boost domestic capacity by nearly 50%, including a 4.8-million-tonne addition, aimed at strengthening market leadership and securing long-term raw material supplies. Tata Steel shares are expected to be in focus on Monday, December 15, following the company's recent announcements related to large-scale capacity expansion in India and efforts to secure long-term raw material supplies. The steelmaker is planning to increase its domestic production ...Read More >
India's economic future depends on strong investment. The Confederation of Indian Industry (CII) proposes the Union Budget 2026-27 boost public spending and private sector investment. CII suggests tax credits and easier compliance for businesses. They also recommend attracting foreign capital through an NRI Investment Promotion Fund. Simpler borrowing rules and a single-window system for foreign investments are also key. India's next phase of economic growth will depend on steady and strong inv ...Read More >
New Delhi, Dec 14 (PTI) Industry lobby CII has proposed a comprehensive set of reforms for the forthcoming Union Budget 2026-27 to drive sustained investment growth spanning public, private, and foreign investments and maintain India's momentum as one of the world's fastest-growing major economies. The Confederation of Indian Industry (CII) suggested increasing central capital expenditure by 12 per cent and capex support to states by 10 per cent in FY27; launching a Rs 150 lakh crore National I ...Read More >
Mumbai: Vodafone Idea (Vi) narrowed its net loss for the second straight quarter, aided by an improving subscriber mix of higher-paying 4G/5G users, lower finance costs and a one-time exceptional gain. During the September quarter, Vi's net loss reduced to ₹5,524 crore versus ₹6,608 crore in the previous quarter. While the company has slowed subscriber churn over recent quarters, the third-largest telco continues to lose users to larger rivals Reliance Jio and Bharti Airtel. The joint venture ...Read More >
New Delhi [India], October 31 (ANI): Jefferies, in its latest report, highlighted that it favours the Chinese approach to artificial intelligence (AI) over the US approach, citing structural advantages in China's energy capacity and the open-source model driving innovation. The report said that China's open-source approach to AI is expected to lead to an "inference boom" as entrepreneurs develop targeted and cost-effective AI use cases. "The open-source model should lead to an inference boom a ...Read More >
India's data centre capacity is set for significant growth. Projections indicate a doubling by 2027 and a potential fivefold increase by 2030. This expansion is driven by factors like data localisation laws and rising cloud adoption. Major investments are planned, including Google's AI infrastructure hub in Andhra Pradesh. This surge promises to bolster India's digital infrastructure. India's data centre capacity will double by 2027 based on under-construction capacity, and may increase five ti ...Read More >
CHENNAI: Sundram Fasteners reported Rs 140.27 cr net profit for the quarter ended September 30, 2025, its highest-ever, compared to Rs 130.64 crores during the previous year. The Chennai-based company has incurred Rs 149.67 crore as capital expenditure for the half-year ended September 30, 2025, in line with its planned capital expenditure for the financial year 2025-26. "These investments will help us scale in non-auto, EV, hybrid and adjacent spaces," a release said. The revenue from operati ...Read More >
The investment is part of the company's planned capital expenditure, reflecting strong business momentum, a robust late-stage development pipeline, and increasing demand for scalable capacity across CMC development and manufacturing. Sai Life Sciences Ltd. on Monday, October 27, announced that it is setting up a new research and development (R&D) block for chemical, manufacturing, and controls processing Hyderabad campus. The five-storeyed facility, designed as a green building, is expected to ...Read More >
Ahmedabad (Gujarat) [India] October 27 (ANI): Adani Energy Solutions Limited (AESL), part of the Adani group and India's largest private power transmission and distribution company, on Monday announced what it described as a robust financial and operational performance for the quarter and half-year ended September 30, 2025. In a statement, the company said its total income rose 16.4 per cent year-on-year to Rs 13,793 crore in the first half of FY26, while income for the second quarter stood at ...Read More >
Eyewear retailer Lenskart is launching its IPO on October 31, aiming to raise Rs 2,150 crore through a fresh issue and an offer for sale. Backed by Radhakishan Damani, the company plans to use the funds for store expansion, technology, and marketing. This IPO is anticipated to be the fourth-largest public issue of 2025. Eyewear retailer Lenskart is set to make its long-awaited market debut, with its initial public offering (IPO) opening for subscription on Friday, October 31, and closing on Tue ...Read More >
India's economic growth is projected to remain steady in the latter half of the fiscal year, driven by robust domestic consumption and increased government capital expenditure. Despite global trade uncertainties and US tariffs, internal demand provides stability, with festive sales expected to reach a record high. The RBI's measures to ease credit flow further support economic resilience. India's economic growth in the second half of the current financial year is expected to remain steady, with ...Read More >
Billionaire investor Radhakishan Damani has invested Rs 90 crore in Lenskart. This investment comes before Lenskart's upcoming Rs 2,150 crore initial public offering. The eyewear retailer plans to use the funds for expansion, technology, and marketing. Lenskart operates online and through a large retail network. It also has international presence. The IPO will see promoters and investors selling shares. Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested ...Read More >
New Delhi, Oct 26 (PTI) Eyewear retailer Lenskart Solutions is gearing up to launch its initial public offering (IPO) on October 31, aiming to raise Rs 2,150 crore through a fresh issue of shares. This marks its much-awaited entry into the public markets. The company's maiden public offering would conclude on November 4, and the bidding for anchor investors would open for a day on October 30, according to the Red Herring Prospectus (RHP). Apart from the fresh issue, there would be an offer-fo ...Read More >
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