With IRB raising Rs 5,035 crore by unlocking six projects, Virendra Mhaiskar, Chairman and Managing Director, says that the entity would repay the entire debt on these Special Purpose Vehicles (SPVs), amounting to Rs 3,350 crore.

We have designed this port for the future, keeping in mind the volumes of inbound and outbound trade (that) is likely to happen. Our plan is to bring a Valemax-size vessel which can carry 400 thousand tonnes of iron.

Less than 20 per cent of the wastewater discharged by households, and 60 per cent of industrial wastewater, is treated in India. This situation has to change, say SHISHAM PRIYADARSHINI and AMISH SHROFF.

The Economic Times, in partnership with AUM LAI, has brought the Land Summit 2017 for the first time to India. The conference, powered by Gazenia Shelters, was a global conference on land economics, infrastructure development and finance, organised to contribute to the ecosystem for holistic land-use development.

The India-Italy Investment Forum was organised in Mumbai by the Italian Trade Commission/Trade Promotion office of the Embassy of Italy in New Delhi, in collaboration with Confindustria (the Confederation of Italian Industries) and CII.

The Housing and Urban Development Corporation (HUDCO) plans to garner Rs 1,200 crore via an Initial Public Offering (IPO). The objective of this IPO is to carry out the Centre’s divestment plan in this entity, of 2 crore equity shares.

HDFC Bank has said that it will raise up to Rs 50,000 crore through debt securities and infrastructure bonds over the next 12 months. In a filing to the BSE, the institution said the Board has approved the issue of debt instruments, Tier-II bonds and long-term infrastructure bonds of up to Rs 50,000 crore.

MEP Infrastructure Developers has signed an agreement with an arm of the Construction Industry Development Board (CIDB Malaysia) for joint development of projects in India. “The company has entered into a Memorandum of Understanding with CIDB Holdings SDN BHD to promote and develop their cooperation by knowledge sharing and introducing best practices towards joint development of highways and expressways projects in India and related investment,” the company said in a regulatory filing.

Major Renewable Energy players have called for state-level policies and green corridors to achieve the national target of ‘175 GW by 2022’ at the 4th CII Renewable Energy Summit which was recently held at New Delhi.