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.
Midwest share price: Midwest, India's largest Black Galaxy Granite producer, debuted on stock exchanges at a 9.4% premium, reflecting strong investor demand for its Rs 451 crore IPO. The company's integrated model, global reach, and robust financial performance, including significant revenue and profit growth, position it as a strong player in the natural stone sector. Shares of Midwest listed at a 9.4% premium at Rs 1,165 on both NSE and BSE on Friday. The Rs 451 crore IPO generated strong inv ...Read More >
Sify Infinit Spaces has filed draft papers with market regulator Sebi to launch the country's first data center IPO, aiming to raise Rs 3,700 crore. The company, part of the Sify Group, operates one of India's largest networks of data center colocation facilities. The IPO will include a fresh issue of shares worth Rs 2,500 crore and an offer for sale of shares worth Rs 1,200 crore by existing investors -- Kotak Data Center Fund (Rs 643 crore) and Kotak Special Situations Fund (Rs 557 crore). T ...Read More >
Kulgam, Oct 17: Chief Minister Omar Abdullah on Friday reviewed the progress of developmental projects, fund utilisation, and winter preparedness in the twin south Kashmir districts of Anantnag and Kulgam and called for the timely completion of projects, efficient fund utilisation, and ensuring uninterrupted power and water supply during the upcoming winter months. Chairing a review meeting of Kulgam district to assess the progress of developmental works under the District CAPEX Budget 2025-26 ...Read More >
Kolkata: Shyam Metalics and Energy Limited (SMEL) is targeting a 2.5 times increase in revenue to reach Rs 40,000 crore by 2031, driven by capacity expansion, product mix enhancement and export diversification. One of India's leading integrated metal producers, SMEL also aims to expand its aggregate capacity from 15 million tonnes to 27 million tonnes in the next six years, the company said in a BSE filing on Thursday."The growth programme is expected to create over 10,000 new direct and indirec ...Read More >
Kolkata: Shyam Metalics and Energy Limited (SMEL) is targeting a 2.5 times increase in revenue to reach Rs 40,000 crore by 2031, driven by capacity expansion, product mix enhancement and export diversification. One of India's leading integrated metal producers, SMEL also aims to expand its aggregate capacity from 15 million tonnes to 27 million tonnes in the next six years, the company said in a BSE filing on Thursday."The growth programme is expected to create over 10,000 new direct and indirec ...Read More >
UK-based Investec initiated coverage on Adani Ports with a buy rating and a target price of Rs 1,715, implying 23.5% upside from the previous close. The brokerage highlighted strong organic growth potential, efficient operations, a robust balance sheet, and deleveraging, projecting 15% revenue CAGR over FY25-30. Adani Ports' integrated logistics and marine services further enhance long-term growth prospects. UK-based Investec became the latest brokerage to initiate coverage on Adani Ports and S ...Read More >
Waaree Renewable Technologies shares: It reported a more than twofold jump in consolidated net profit to Rs 116.34 crore in Q2 FY25 from Rs 53.51 crore a year earlier, driven by record revenues and strong project execution. The company attributed the performance to sectoral tailwinds and its expansion into new energy segments such as battery storage systems and data centres. Shares of Waaree Renewable Technologies rallied as much as 10% to their day's high of Rs 1,244 per share on the NSE on Mo ...Read More >
India's general government capital expenditure (capex) is expected to stay close to 5% of GDP in FY26, slightly below 5.1% recorded in FY25 and well under the FY24 peak of 5.4%, according to Emkay Research.The report, cited by ANI showed that for the first five months of this fiscal, public capital expenditure has remained strong. Over the period, the Centre spent about 39% of its budgeted capital outlay, marking a growth of over 43%."If the trend sustains, FY26 general government capex/GDP is l ...Read More >
New Delhi, Oct 6 (PTI) Eyewear retailer Lenskart Solutions Ltd, home and furnishings company Wakefit Innovations Ltd and four other companies have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the market regulator showed on Monday. Tenneco Clean Air India, Waterways Leisure Tourism, the operator of Cordelia Cruises; Shree Ram Twistex and Lamtuf are among the companies that have received regulatory approval. The six companies, which filed their p ...Read More >
Chennai-based GrowXCD Finance, which lends to small businesses, has secured around Rs 200 crore in funding. Swiss firm Blue Earth Capital led with Rs 105 crore, and Prosus Ventures added Rs 70 crore. Lok Capital increased its stake with Rs 21 crore, becoming the company's largest shareholder.Swiss impact investment firm Blue Earth Capital and Amsterdam Stock Exchange-listed Prosus Ventures and others have together invested about Rs 200 crore in Chennai-headquartered GrowXCD Finance, a startup le ...Read More >
Bengaluru : Aequs Limited ("Aequs"), the only precision component manufacturer operating within a single special economic zone in India to offer fully vertically integrated manufacturing capabilities in the Aerospace and Consumer Segments (Source: F&S Report), will raise fresh capital of up to Rs. 720 crores through an initial public offering (IPO). Aequs has filed an updated draft red herring prospectus (UDRHP1) for a Fresh Issue comprising Equity Shares bearing face value of ₹ 10 each aggrega ...Read More >
New Delhi, Oct 1 (PTI) Six companies, including Vedanta Group firm Sterlite Electric, Rays Power Infra and Augmont Enterprises, have filed preliminary papers with markets regulator Sebi to raise funds through initial public offerings (IPOs). Rotomag Enertec, Oswal Cables and Pride Hotels have also approached Sebi with their respective draft papers. All six proposed issues will be a mix of fresh issues of equity shares and an offer for sale (OFS), according to their draft red herring prospectus ...Read More >
MUMBAI: India Inc's credit profile improved in the first half of FY26,with rating upgrades continuing to outpace downgrades across agencies. The improvement in credit profile was driven by resilient domestic demand and govt-driven infrastructure spending, offsetting the drag from escalating US tariffs.Credit rating agencies -- CareEdge, ICRA, Crisil, and India Ratings (Ind-Ra) -- said credit quality remained robust, aided by strong balance sheets, cautious capital allocation, and supportive loca ...Read More >
Earlier, the company had filed draft papers in January proposing a fresh issue of 1.83 crore equity shares and an OFS of 25.31 lakh shares by the promoter. The current structure reflects a higher promoter stake being offered to investors. New Delhi, Fertility services provider Gaudium IVF and Women Health Ltd has refiled its draft papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed offering comprises a fresh issue of 1.14 crore equit ...Read More >
New Delhi: Higher spending and lower net tax collection widened the Centre's fiscal deficit up to August in this financial year to 38.1% of the annual target, compared with 27% a year before, showed the official data released on Tuesday. In absolute terms, the fiscal gap stood at ₹5.98 lakh crore until August, against ₹4.35 lakh crore a year before, the data showed. The Centre front-loaded its spending this fiscal, especially on capital projects, to support economic growth, unlike in the initi ...Read More >
Corporate India shows strong credit quality. Domestic consumption and government spending provide support. US tariffs present a challenge for export sectors. Gems, textiles, and marine industries face potential impact. Rating agencies report stable credit ratios overall. Banking sector exposure to these risks is low. Credit growth projections remain healthy. Corporate India's credit quality remains strong, supported by favourable domestic consumption, strong balance sheets and steady government ...Read More >
New Delhi, Sep 30 (PTI) Shares of Man Industries on Tuesday dived nearly 11 per cent after Sebi barred the firm and its three senior executives from accessing the securities markets for two years and imposed a fine of Rs 25 lakh on each of them for alleged financial misstatement. Man Industries on Tuesday said the Sebi bar on the company and its senior executives from accessing the securities markets for two years carries no material impact on its current or future operations. The stock tanked ...Read More >
New Delhi, Sep 30 (PTI) Man Industries on Tuesday said the SEBI bar on the company and its three senior executives from accessing the securities markets for two years carries no material impact on its current or future operations. "With a strong order book, improving margins, disciplined governance, and a robust capex pipeline, the company is well positioned to deliver sustainable growth and value for shareholders," the firm, which is a leading global manufacturer and exporter of large diameter ...Read More >
New Delhi, Sep 30 (PTI) Pharmaceutical company Virupaksha Organics has filed preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an initial public offering (IPO). The proposed IPO of the Hyderabad-based company is entirely a fresh issue of equity shares, according to the draft red herring prospectus (DRHP) filed on Monday. The company may consider raising Rs 148 crore in a pre-IPO placement round. If such placement is undertaken, then the issue size will be red ...Read More >
The government's economic stimulus measures, which are scheduled to be rolled out in the final quarter of this year, are expected to help boost business confidence and increase the demand for loans among small and medium-sized enterprises (SMEs). Pichit Mitrawong, president of the Small and Medium Enterprise Development Bank of Thailand (SME D Bank), said confidence among SME entrepreneurs in the fourth quarter is expected to rise, while loan demand is likely to double compared to the third qua ...Read More >
New Delhi, Sep 29 (PTI) The initial share sale of telecom infrastructure solutions provider Pace Digitek received 55 per cent subscription on the second day of offering on Monday. The IPO received bids for 1,50,49,352 shares against 2,76,06,555 shares on offer, according to NSE data. The category for non-institutional investors was subscribed 78 per cent, and retail individual investors (RIIs) received 62 per cent subscription. Qualified institutional buyers (QIBs) quota fetched 23 per cent su ...Read More >
New Delhi, Sep 29 (SocialNews.XYZ) The GST rationalisation is expected to boost consumption demand during the festive season, which is likely to augur well for manufacturing output in September-October 2025, once the older inventories are off the shelves, economists said on Monday. The IIP growth was recorded at 4 per cent in August 2025. Mining output witnessed a year-on-year expansion after a gap of four months, and growth in electricity generation inched up to a 5-month high in the month. " ...Read More >
New Delhi, Sep 29 (PTI) Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3. "The rating affirmation and stable outlook reflect our view that India's prevailing credit strengths, including its large, fast-growing ec ...Read More >
New Delhi, Sep 29 (PTI) Valplast Technologies, a civil engineering and infrastructure solutions company, on Monday said it has fixed a price band of Rs 51-54 per share for the Rs 28.09 crore initial share sale, which will open on September 30. The initial public offering (IPO) will conclude on October 3. Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof, the company said in a statement. The IPO is entirely a fresh issue of 52.02 lakh equity shares aggrega ...Read More >
India achieves a significant milestone as Prime Minister Narendra Modi inaugurates BSNL's indigenous 4G network on September 27. This positions India among a select group of nations capable of manufacturing their own telecom equipment. The nationwide rollout across 98,000 sites will connect approximately 29,000 to 30,000 villages, marking a new era for India's telecom sector. New Delhi, Prime Minister Narendra Modi will inaugurate the state-run telecom company BSNL's fully indigenous 4G network ...Read More >
New Delhi [India], September 26 (ANI): Union Minister of Communications Jyotiraditya Scindia on Friday said that Prime Minister Narendra Modi will launch two landmark initiatives on on September 27--BSNL's indigenous 4G stack and the country's 100 per cent 4G saturation project under the Digital Bharat Nidhi scheme. Scindia announced that the 4G stack will be deployed across nearly 98,000 sites nationwide, covering every part of the country. "Our 4G towers and BTSs are already serving 22 millio ...Read More >
Wheels India Ltd. (currently trading at ₹870) is a leading manufacturer of steel wheels, suspension systems, and air suspension products for commercial vehicles, tractors, and off-road equipment. A part of the TVS Group, the company operates manufacturing facilities in Tamil Nadu and Uttar Pradesh, with exports to over 25 countries. Its product portfolio spans forged wheels, aluminum wheels, bogie suspensions, and fabricated components for railways and wind energy. Wheels India is a critical sup ...Read More >
New Delhi: Telecom infrastructure solutions provider Pace Digitek Ltd on Thursday said it has mobilised over ₹245 crore from anchor investors, just a day before its initial share-sale opening for public subscription. Some of the institutions that participated in the anchor include Bandhan Mutual Fund (MF) and Taurus MF, SBI General Insurance Company, Societe Generale, Saint Capital Fund, Aarth AIF Growth Fund and Nexus Global Opportunities Fund, according to a circular uploaded on the BSE websi ...Read More >
NEW DELHI: EC on Thursday revised the rules relating to counting of postal ballots, making it mandatory for all postal ballot papers to be counted before the penultimate round of EVM/VVPATs counting is taken up.The new practice will be first implemented in Bihar where assembly polls are due in Nov.This restores the arrangement prior to May 2019, when EC had changed the guidelines to allow EVM counting to proceed regardless of postal ballot counting stage. The 2019 change did not rule out chances ...Read More >
SRINAGAR: Chief Secretary, Atal Dulloo, on Thursday chaired a high-level meeting to review the performance of departments with regard to utilization of the annual budget and revenue realization in J&K. The meeting was attended by Principal Secretary, Finance Department, Santosh D. Vaidya; Administrative Secretaries of all departments; Director General, Resources; Director General, Accounts & Treasuries; Director General, Budget, besides other senior officers. During the review, the Chief Secret ...Read More >
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