Ambuja Cements said as much as 118 MTPA capacity will be created by FY26, and the company is on track to achieve the targeted capacity of 140 MTPA by FY28.
The company has robust capex plans of around Rs 6300 crore for FY17. Both the Mumbai and Visakhapatnam refineries will go in for expansion, said MK Surana, Chairman and Managing Director, HPCL.
Speaking to CNBC-TV18, VS Parthasarathy, Group CFO, M&M says Moody's 'Baa3' rating signifies the company's leadership position.
The company‘s has committed massive capex plans which will be funded via cash, debt and internal accruals, said Amit Jatia, Vice Chairman, Westlife Development.
Giving an outlook for the business going forward Sandeep Aggarwal, CFO, Insecticides India told CNBC-TV18 that in case rainfall deficiency continues going forward they would have to reduce their revenue forecast from 25 percent to 10-15 percent.
The company is very upbeat on sales from the upcoming new launch of three-wheeler in both petrol and CNG versions in Q2 of FY16, says Niraj Chandra, whole-time director of Atul Auto.
Himanshu Baid, managing director of Poly Medicure said the company has capex plans of around Rs 80-100 crore going forward, which would be mostly funded through internal accruals.
The company as of now is debt-free except working capital requirements funded by banks, said MK Dhanuka, MD of Dhanuka Agritech.
Sunil Kanojia, group president of Sintex Industries says the company will focus on conserving cash to meet FCCB redemption needs.
Just when you thought India's infrastructure story was floundering, a white knight is emerging, and it's taking the form of Aditya Birla Nuvo's finance arm. CNBC-TV18's Ashmit Kumar reports.
Investors will have to wait a little while longer for the much-anticipated follow-on public offer of steel giant Steel Authority of India (SAIL).