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Healthy balance sheets, cash flows lift India Inc's capex spends

India s corporate capex spending is rising due to rising cash flows and improving balance sheets, with three out of four companies from a sample of 373 of the S&P BSE 500 index reporting year-on-year improvement in gross fixed assets for FY23. Mainly oil and gas, metals and power firms form a major part of incremental GFA. ....

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Latest News | Power Grid Corporation Net Rises Nearly 11 Pc to Rs 3645 Cr in Q3

Get latest articles and stories on Latest News at LatestLY. State-run Power Grid Corporation on Tuesday posted a nearly 11 per cent rise in its consolidated net profit to Rs 3,645.34 crore in the December quarter compared to a year ago mainly on the back of higher revenues.
Latest News | Power Grid Corporation Net Rises Nearly 11 Pc to Rs 3645 Cr in Q3. ....

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