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INVESTING IN RISK ASSESSMENT
Over the last two months, HDFC Bank recruited heads for four verticals, including infrastructure finance, to grow its investment banking business. Recently, several banks have been hiring up infrastructure experts, and as innocuous as the news may seem, it reflects a longer term goal to get specialised. As with most other lessons in India's infrastructure sector, the solution is reactive, not innovative. So banks have a job on their hands, and don't they know it....
HDFC Bank, Infrastructure Finance, Profit After Tax, Infrastructure Debt Funds, Special Purpose Vehicles, Ramky Infra, Asset-Liability
REC TO LAUNCH 3 SPVS
REC Transmission Projects Company (RECTPCL)—Bid Process Coordinator (BPC) for three transmission projects—will incorporate three Special Purpose Vehicles (SPVs)....
REC Transmission Projects Company, Bid Process Coordinator, Transmission, Special Purpose Vehicles, Ipps, Vem­­­Agiri Pooling Station, Khammam, Hyderabad, Jabalpur Pooling Stat­Ion, Wardha
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Unit At Bina Refinery Shut
Bharat Oman Refineries has shut its crude oil unit at Bina refinery in Madhya Pradesh, within few days of its start up..
 
Dredging Corp, Ports To Raise ` 3,500 Cr Via Infra Bonds
Union Shipping Secretary PK Sinha has said that through tax-free infrastructure bonds the Jawaharlal Nehru Port, Mumbai, Ennore Port and Dredging Corporation of India (DCI) will together raise around Rs 3,500 crore. While JNPT will issue the bonds for Rs 2,000 crore to finance its dredging work, the Ennore Port (EPL) will raise Rs 1,000 crore for infrastructure augmentation. The DCI will raise Rs 500 crore to procure a new dredger. The Government, in the previous budget, had allocated Rs 5,00.
 
Dot Sops To Telcos Likely
Telecom service providers in the country may get sops from the Department of Telecommunications (DoT) in the form of subsidy, for increasing mobile coverage in rural areas..
 
U'Khand Small Hydel Projects
To bridge the widening demand-supply gap of power in the state, the Uttarakhand government decided to invite fresh bids for small hydel projects with a total capacity to generate 1,000-1,500 mw of power..
 
Nhai Earns Over Rs 17,000 Cr Premium
Increasing interest by private players in the highways sector has helped NHAI award 17 projects worth over Rs 25,500 crore in the last six months, leaving the authority richer by over Rs 17,000 crore in the form of premium..
 
Putting Infra Ducks Back In A Row
Much has been said about the now popularly termed policy paralysis over the past two years that has led to uncertainty in implementation of and financing to infrastructure sectors. With the single exception of the roads sector, none of the major sectors have met expected growth levels this year..
 
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