IL&FS Investment Managers Ltd (ILFS IML), the private equity arm of IL&FS, will raise about $1 billion (Rs 6,000 crore) from primarily overseas investors to invest in roads, ports, power and real estate developers besides other companies as it exhausts funds raised in the three verticals. The company has started discussions with its overseas investors and could complete the fund raising by December from pension and endowment funds.
FlashNews:
India to Develop 44 Airports Under Hub‑and‑Spoke Plan, Civil Aviation Secretary Says
India’s Satellite Communications Push Gains Momentum Through Public‑Private Partnerships: Viasat
India Moves to Give Consumers Choice of Power Supplier Under New Licensing Plan
REC Declares First Interim Dividend as Q1 Profit Jumps 23%
India Nears Two Clean Energy Milestones as BRESE 2026 Set to Welcome Global Leaders to New Delhi
Location Intelligence: The Invisible Layer Powering India’s Digital Public Infrastructure
AI Data Centre Leaders Map India’s Infrastructure Roadmap
Welspun One Signs 15,232 Sq. Ft. with Aditya Birla’s Novel Jewels at WTC Thane
NHAI Launches Framework to Share Highway Data with IITs, NITs and CSIR‑CRRI
UDAN 2.0: Indian Aviation’s Next Act
The Apprenticeship Anchor
Managing India’s Data Centre Surge
Real-Time Public Works
Global Trade at Crossroads
From Cloud to Energy: India’s Geopolitical Stress Test
The Economics of Road Safety
When Climate Hits the Grid
AI Factories: Turning Data to Scale
Nuclear power an inevitable option for Net Zero emission by 2070 and developed India by 2047
Home » ILFS IML to raise $1 bn
ILFS IML to raise $1 bn
Infrastructure Finance
August 1, 2014August 1, 2014
Leave a Reply
You must be logged in to post a comment.