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Tag results for... "capex"

BPCL plans to raise Rs 3,000 cr through NCDs in FY22

BPCL is planning to raise up to Rs 3,000 crore during the current financial year 2021-22 through private placement of unsecured non-convertible debentures, said the PSU For FY22, BPCL has.......

Nirmala Sitharaman reviews capex of Civil Aviation and Telecommunications' PSUs

New Delhi: Finance Minister Nirmala Sitharaman on Monday held a couple of review meetings on Capital Expenditure (Capex) of Civil Aviation and Telecommunications Ministries and their respective PSUs........

NHPC seeks shareholders nod to raise borrowing limit to Rs 40,000 cr

New Delhi: State-run hydropower giant NHPC will seek its shareholders' approval to raise the borrowing limit by Rs 10,000 crore to Rs 40,000 crore in the annual general meeting on September 29,.......

Indian Oil Q1 results: Net profit falls 32% q-o-q due to dip in fuel demand, other income

Indian Oil achieved a refinery run of 88.5 percent compared to 69 percent of Q1 of FY21 During the first quarter of FY22, Indian Oil has incurred a provisional total capex of nearly Rs.......

NTPC targets capex of Rs 23,736 cr in FY22

In FY21, we have incurred a CAPEX of Rs 20,338.68 crore on standalone basis, said the NTPC management The investors were told that NTPC realised more than 100 percent of the billed amount.......

Cost cutting: Coal India announces plan to cut 5% jobs every year for next 5-10 years

Coal India has 2,72,445 employees on its rolls As part of its cost-cutting measures, Coal India also plans to close unviable mines New Delhi: State-run Coal India Ltd (CIL) has announced.......

ONGC misses capex target; OIL, IOC, HPCL, BPCL exceed budgeted spending for FY21

The government had directed PSUs to step up their capex for FY21 in order to provide stimulus for economic growth Against the budgeted target of Rs 32,502 crore, ONGC spent Rs 26,441.......

CIL surpasses capex target for FY21, logs highest-ever capex of Rs 13,115 cr

This also marks CIL’s all-time high capital expenditure, breaching the ramped up capex target of Rs 13,000 crore, achieving 101 percent of the revised target The govt assigned CIL.......

After shelving share buyback plan, Coal India to consider second interim dividend for FY21

Coal India Limited has already revised its capex target for the year FY21 by 30 percent Earlier in November 2020, Coal India’s board of directors had approved an interim dividend.......

IREL CMD D Singh elected as Chairman of CAPEXIL, Western Region

New Delhi: IREL (India) Limited’s Chairman D Singh is unanimously elected as regional Chairman for Western Region of Chemical & Allied Products Export Promotion Council (CAPEXIL) under the.......

Indian Oil raises Rs 1,290 crore in debt

The funds raised through this issue will be utilised for, inter alia, refinancing of existing borrowing and/or funding of capital expenditure of the company, said IOC The board of.......

Coal India ups capex budget by 30% to Rs 13,000 cr for FY’21

Of the additional Rs 3,000 crore injected into CIL’s capex budget, SECL, the largest coal producing subsidiary of CIL, accounts for Rs 800 crore CIL in a stellar show has posted a.......

DPE Secretary visits NRL to review capex plan. How is the PSU doing on this front?

NRL has plans to spend Rs 949 crore in the current financial year and has embarked on major projects like refinery expansion and laying down of crude oil pipeline NRL is also laying the.......

Govt ups pressure on cash-rich PSUs, asks for higher dividends, increased capex, buybacks

The government has sought higher dividends from PSUs for the current financial year, said sources At a review meeting held recently, the Finance Minister asked PSUs to ensure that 75.......

FM asks PSUs to achieve 75% target of their CAPEX by Q3 and more than 100% by Q4

New Delhi: Union Minister for Finance Nirmala Sitharaman held a video conference with the secretaries of the Ministries of Power, Mines and Department of Atomic Energy and the CMDs of 10 PSUs.......