Data from Securities and Exchange Board of India (SEBI) shows that foreign institutional investors (FIIs) have deployed $20.10 billion in Indian equities in the January-November 2012 period. Reports suggest that this is the second time FII investment has risen to such a level after India threw open
Author: admin (Infratructure Today)
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Model agreement to protect investors’ interest
The model tripartite agreement (TA), cleared by the government for financing of infrastructure projects would secure the interest of investors, experts argue. In October 2012, the Cabinet Committee on Infrastructure cleared the model tripartite agreement whic
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Maha ranks 1st, TN 2nd in road projects under PPP
Tamil Nadu ranks number two with a share of over 20 per cent in total road projects under operation in the public-private partnership (PPP) model as of August, 2012.
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Bauxite shortage to halt operation in Lanjigarh refinery
Media reports quoted a top executive of Vedanta Aluminium (VAL) as saying that the company is forced to shut down its one-million-tonne (mn t) alumina refinery in Odisha because of shortage of bauxite. The company had issued a three-month advance notice in September to close the refinery, as it had no bauxite stock to run the plant beyond the deadline. Meanwhile, the state steel & mines Minister Rajani Kant Singh
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Bauxite shortage to halt operation in Lanjigarh refinery
Media reports quoted a top executive of Vedanta Aluminium (VAL) as saying that the company is forced to shut down its one-million-tonne (mn t) alumina refinery in Odisha because of shortage of bauxite. The company had issued a three-month advance notice in September to close the refinery, as it had no bauxite stock to run the plant beyond the deadline. Meanwhile, the state steel & mines Minister Rajani Kant Singh
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Srei Infra to launch $500 mn infra debt fund
Hemant Kanoria, Chairman and Managing Director of Srei Infrastructure Finance informed that the firm would raise $500 million through its infrastructure debt fund. Srei would deploy the funds on the sub sectors which provide good regulatory clarity like toll roads, power transmission etc. The company would launch the fund through the MF route
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Srei Infra to launch $500 mn infra debt fund
Hemant Kanoria, Chairman and Managing Director of Srei Infrastructure Finance informed that the firm would raise $500 million through its infrastructure debt fund. Srei would deploy the funds on the sub sectors which provide good regulatory clarity like toll roads, power transmission etc. The company would launch the fund through the MF route
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Bankers to take final call on debt recast for Suzlon
Reports indicate that lenders of the debt-ridden Suzlon Energy may meet soon to take a final call on the corporate debt restructuring (CDR) exercise. Suzlon has asked bankers to provide the company with fresh loans of Rs 2,000 crore to meet payment requirements, Rs 3,000 crore as a working capital loan and a
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Bankers to take final call on debt recast for Suzlon
Reports indicate that lenders of the debt-ridden Suzlon Energy may meet soon to take a final call on the corporate debt restructuring (CDR) exercise. Suzlon has asked bankers to provide the company with fresh loans of Rs 2,000 crore to meet payment requirements, Rs 3,000 crore as a working capital loan and a
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MBL to tie up funds for Rs 5 bn highway project
A recent report by CRISIL Research shows that MBL Infrastructures (MBL) may attain financial closure for its over Rs 500 crore Bikaner–Suratgarh highway widening project during Jan-Mar 2013. The company was earlier awarded the project for Developing and Operation of Bikaner–Suratgarh Section of NH–15 in Rajasthan by the state government. The project has been awarded to the consortium led by MBL