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Top News In Capex Project Today - Breaking & Trending Today

Why are infra and capital-goods stocks still in demand despite premium valuations?

Several infrastructure and capital-goods stocks are trading above their 10-year average PE multiple. Yet, most fund managers are comfortable investing in them because of the underlying growth visibility in these sectors. ....

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Central PSUs' buys from GeM rise by 36%, exceed target

India s Central Public Sector Enterprises (CPSEs) continued to bolster economic activity, exceeding the mandated procurement from Micro, Small, and Medium Enterprises (MSMEs) by 36.34% in the Financial Year 2024, surpassing the required 25%. In total, 54 CPSEs and five government departmental entities, including the Railways Board and the National Highways Authority of India, procured goods through Government e-marketplace (GeM), amounting to ₹2.62 lakh crore by March 31, 2024. ....

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Ram Mandir visits, aggressive capex drive Uttar Pradesh's impressive GST revenue growth in April

According to Pratik Jain, Partner and National Leader for Indirect Tax in PwC, UP’s focus on capital expenditure may be boosting its revenues, especially given roads and infrastructure construction involves GST levies on several levels such as contractors and cement. ....

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Adani's petrochemical plant inches closer to getting a ₹17,000-cr lifeline from SBI-led consortium

The petrochemical project is expected to require an overall capex of ₹25,000-27,000 crore ....

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Airtel gets Sh22bn IFC cash for Kenya, Rwanda, DRC units

IFC has made Sh26.99 billion investment in Airtel Africa to fund its operations and refinance existing loans. ....

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