Tag Archives: Capital Expenditure

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 part [...]

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 Officer and [...]