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Author: admin (Infratructure Today)

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ISSUANCE OF BONDS CREDIT ENHANCED BY IIFCL

ISSUANCE OF BONDS CREDIT ENHANCED BY IIFCL

The India Infrastructure Finance Company Limited (IIFCL) announced the issuance of India?s first infrastructure bond issuance Credit Enhanced by it. The rating of these bonds has been enhanced based on first-loss partial credit guarantee by IIFCL under its Credit Enhancement Scheme.

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Major Overhaul

Major Overhaul

India has a coastline of 7,517 km, with 12 major ports and 200 notified non-major (minor or intermediate) ports along the coastline. Out of the 200 notified non-major ports, up to 2013-14, only 61 were reported to have been handling cargo brought through maritime routes.

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GST will be a game changer

GST will be a game changer

India is a burgeoning economy and is emerging as one of the world´s leading markets. It expects to sustain strong growth over the coming years and strives to become one of the top three economies in the world by the middle of the century.