Searched for
CPSE CAPITAL SPENDING
India Cements shares soar 10% as Q4 net profit rockets 300%, revenue up 3%. Check detailsIndia Cements shares surged after Q4 net profit jumped 300% YoY to Rs 60 crore, driven by a sharp rise in EBITDA, even as revenue growth re...
Cement demand to be healthy in Q1FY27E; Likely to hit profitability despite price hikes: NuvamaIndian cement demand is set for a strong start in the first quarter of FY27. Government infrastructure spending is driving growth. However,...
CPSE Capex set to exceed the target for fourth year in a rowPublic sector companies and government bodies have spent nearly their entire capital expenditure target for this fiscal year. Spending reac...
Central govt capex likely to slow in rest of FY26 as spending front-loaded in first half: Morgan StanleyThe central government's capital expenditure (capex) is expected to slow in the remaining part of FY26 as a large part of the spending was ...
Aug capex dips for key CPSEs, 4 govt entitiesCapital spending by major central public sector enterprises in India experienced a slight dip in August, marking the second consecutive mon...
Report card for 90 CPSEs likely in OctoberThe government plans to assess the performance of 90 Central Public Sector Enterprises in 2024-25. This evaluation will commence in October...
By Feb-end, CPSE capex at 94% of full-yr target led by Oil cos and NHAICapital spending by major central public sector enterprises (CPSEs) and other government entities surged in the last three months, reaching...
Parliamentary standing committee flags slow capex of steel and mines PSUsThe parliamentary committee highlighted underutilization of capital expenditure by CPSEs in the Steel and Mines Ministries, noting many hav...
CPSE capex up 33% by H1 of FY24, touches Rs 3.79 lakh croreThe capital expenditure by central public sector enterprises has already crossed 52% of their budget expenditure for the current financial ...
Try and buy the CPSE ETF; Bajaj Auto, FACT good buys on dips: Sanjiv BhasinSanjiv Bhasin, Director at IIFL Securities, suggests being selective in investing in Public Sector Undertakings (PSUs) due to the recent ru...
Finance Ministry asks civil aviation ministry, DoT to expedite capexDuring the meeting, progress of capital expenditure, implementation of infrastructure projects and asset monetisation plans with the Minist...
Nippon India MF’s Sanjay Parekh decodes the PSU rallyOne needs to pick up the right bottom up stock, see the fundamentals and see that there is capital efficiency and growth.
Finance Minister Sitharaman urges CPSEs to perform better in third capex review meetingSitharaman met with the secretaries of the ministries of defence, shipping, road transport and highways, housing and urban affairs and the ...
CIL lines up Rs 10,000 crore capex for 2020-21CIL spent Rs 810 crore on its capital expenses in the April-June period
PSEs may up capex spending by Rs 25,000 croreThe government has also asked CPSEs to consider higher dividend & explore debt and other funds to meet their capex targets instead of relyi...
Thanks to PM Modi, ETFs are finding favour in India; see $4 billion inflows in 3 yearsMoney managed by ETFs have almost tripled to $6b in the past three years, the fastest pace after Japan, data from the Association of Mutual...
Modi-backed ETF catches investors’ eye as fund outperforms broader marketsThe government’s exchange traded fund of the top 10 state-run firms has returned 31% in the past year, more than double the gains in the be...
No performance pay for staff of PSUs failing on capex targetsState-run companies that fail to deliver on their capital expenditure plans may not be allowed to distribute performance-related pay to the...
Disinvestment proceeds to fund PSUs, banks, insurers: Finance MinistryAlso, the fund will be used for preferential allotment of CPSE shares to promoters so that government holding does not go down below 51 per...
- Government authorises NIF to buy shares of PSUs
The NIF will also be used to recapitalise PSU banks and public sector insurance companies, an official release said.