Agencies and courts on June 2, 2026 noted that official briefings and market data framed the episode for readers following June headlines. On June 2, 2026, Uday Kotak urged Indian companies to invest more aggressively for the future, citing Alphabet’s $80 billion AI fundraise.
Subsequent updates explained that kotak said Google’s scale—about $160 billion annual profit and roughly $4.5 trillion market cap—should be a wake-up call for India Inc. He posted that with IPL over, it was time for India to focus on the business of business.
In addition, NSO capex survey data cited in related coverage estimated private corporate capex intentions at ₹9.55 lakh crore for FY27. Provisional aggregated private capex for FY26 was estimated at ₹11.44 lakh crore.
Next procedural dates were not immediately revised in initial statements.
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Sources:
https://timesofindia.indiatimes.com/business/kotak-india-inc-capex