Tag: Capital Expenditure

AP grants Rs 121crore project to Maytas Infra

The Congress-led government in Andhra Pradesh has sanctioned a Rs 121-crore project to Maytas Infra, barely two days after the founder and chairman of Satyam Computer Services B Ramalinga Raju’s scuppered bid to buy infrastructure firm run by his son Teja Raju. The state has issued an order on Saturday sanctioning funds for the road […]

ADAG Looks Toward Subhash Chandra’s Essel World

In acquisition mode yet again, the Anil Dhirubhai Ambani Group is now eyeing the Subhash Chandra-promoted Essel Group’s amusement park in Mumbai—popularly known as ‘Essel World’. ADAG insiders told that Reliance Entertainment was keen on the property, considering its popularity and location. Essel World is one of the first initiatives to set up an amusement […]

TCS Reserves 1900 Crore For FY 08-09

Tata Consultancy Services (TCS), India’s leading software exporter, pronounced that it has reserved a capital expenditure plan of One thousand nine hundred crore rupees for the existing fiscal (2008-09). In an pronouncement, the company said that the capex is 35.7% higher than the last year’s capex of Rs 14 billion. Mr. S Mahalingam, Chief Financial […]