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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Missing for over a decade, capital expenditure by companies is expected to pump-prime the stock markets.
Editor's note: For over a decade now, a combination of high levels of debt, excess capacity and slow economic growth has seen companies withhold capital expenditure. That may be about to change. The indications are all there. Some of India’s top companies, across key sectors like energy, steel, cement and automobiles, have over the past year announced serious capital expenditure plans. At The Morning Context, we have documented several such moves, be it Tata Steel wanting to regain the No.1 spot in the domestic steel industry or the outlays of Mukesh Ambani and Gautam Adani on renewable energy and now Anil Agarwal’s mega plan to put up a semiconductor plant in Gujarat. There is also pressure from the Union government on companies to step up investment. On Tuesday, Union finance minister Nirmala Sitharaman urged the private sector to invest, saying that the government alone could not be expected to do all the heavy lifting on infrastructure projects. She added that while the inflows of foreign direct investment and portfolio investment indicated confidence in the country, the domestic industry was yet to step …
Missing for over a decade, capital expenditure by companies is expected to pump-prime the stock markets.
Editor's note: For over a decade now, a combination of high levels of debt, excess capacity and slow economic growth has seen companies withhold capital expenditure. That may be about to change. The indications are all there. Some of India’s top companies, across key sectors like energy, steel, cement and automobiles, have over the past year announced serious capital expenditure plans. At The Morning Context, we have documented several such moves, be it Tata Steel wanting to regain the No.1 spot in the domestic steel industry or the outlays of Mukesh Ambani and Gautam Adani on renewable energy and now Anil Agarwal’s mega plan to put up a semiconductor plant in Gujarat. There is also pressure from the Union government on companies to step up investment. On Tuesday, Union finance minister Nirmala Sitharaman urged the private sector to invest, saying that the government alone could not be expected to do all the heavy lifting on infrastructure projects. She added that while the inflows of foreign direct investment and portfolio investment indicated confidence in the country, the domestic industry was yet to step …
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
The Bengaluru-based contract manufacturer lands in legal hot water with the California-headquartered transformer startup over a trade secret dispute.
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
The Bengaluru-based contract manufacturer lands in legal hot water with the California-headquartered transformer startup over a trade secret dispute.
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
