{"id":350174,"date":"2020-05-07T11:00:42","date_gmt":"2020-05-07T05:30:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350174"},"modified":"2020-05-07T11:51:22","modified_gmt":"2020-05-07T06:21:22","slug":"adani-enterprises-defers-capex-plans-by-six-months-amid-covid-19-lockdown","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-defers-capex-plans-by-six-months-amid-covid-19-lockdown\/","title":{"rendered":"Adani Enterprises defers capex plans by six months amid Covid-19 lockdown"},"content":{"rendered":"<p>Amid the lockdown due to the Covid-19 pandemic, Adani Enterprises Ltd (AEL) on Wednesday said it has deferred its capital expenditure (capex) plans by six months for fiscal 2020-21. The company has laid out a capex of Rs 10,000 crore for FY 2020-21. <\/p>\n<p>Similarly, the company&#8217;s plans around its new airports business is also delayed by six months though the size of capex may not change, said AEL&#8217;s chief financial officer Jugeshinder Singh in a post-earnings call. <\/p>\n<p>The flagship company of the Adani Group posted a consolidated loss before tax of Rs 13.89 crore for the fourth quarter ended March 30, 2020, according to its filing with the stock exchanges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid the lockdown due to the Covid-19 pandemic, Adani Enterprises Ltd (AEL) on Wednesday said it has deferred its capital expenditure (capex) plans by six months for fiscal 2020-21. The company has laid out a capex of Rs 10,000 crore for FY 2020-21. Similarly, the company&#8217;s plans around its new airports business is also delayed by six months though the size of capex may not change, said AEL&#8217;s chief financial officer Jugeshinder Singh in a post-earnings call. The flagship company of the Adani Group posted a consolidated loss before tax of Rs 13.89 crore for the fourth quarter ended March [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-350174","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=350174"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350174\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}