Finance Minister Arun Jaitley proposed the setting up of a National Investment and Infrastructure Fund (NIIF) with an initial corpus of Rs 20,000 crore that can be leveraged by infrastructure companies.
Author: admin (Infratructure Today)
Post
Post
Yes Bank plans to raise funds for green bond
Yes Bank is planning to raise around $100 million from International Finance Corporation (IFC), a project report issued by IFC revealed.
Post
SBI chief for new infrastructure financing model
State Bank of India (SBI) chairperson Arundhati Bhattacharya said India needs to identify new models for infrastructure development and financing in order to take the country forward on the economic front.
Post
Piramal to invest Rs.5,000 crore in realty projects
Piramal Fund Management plans to invest up to Rs 5,000 crore over the next one year to finance construction projects, a top company executive said. The fund has already invested in nine realty projects through construction finance proposals totaling Rs 1,100 crore in the last three months.
Post
GE proposes to invest Rs.3,000 crore in Maharashtra
US-based General Electric (GE) has proposed to invest Rs 3,000 crore in Maharashtra during a meeting with State Chief Minister Devendra Fadnavis at the World Economic Forum meet in Davos
Post
Adani Ports opens dry bulk terminal
IndiaĆĀ“s biggest private port operator Adani Ports & Special Economic Zone (APSEZ) opened a new 20 million tonne dry bulk terminal at Tuna Tekra.
Post
foreign brands to utilise Vallarpadam terminal
International apparel brands have shown their interests in using Vallarpadam Terminal for their export consolidation
Post
Cochin Port launches direct service to West Asia
Cochin port launched a new direct service to West Asia in order to give an impetus to the connectivity for export cargo to West Asia. recently. The vessel SSL Gujarat having 1,800 capacity TEUs (23,000 tonnes) will sail from Cochin non-stop to Jebel Ali , covering the distance of 1,780 nautical mile in five days.
Post
Now, no need for registration of SRUs
In order to boost ease of doing business in the ship repair sector, the Ministry of Shipping has eased the procedure and has dropped the requirement of registration of Ship Repair Units (SRUs) with Directorate General (Shipping).
Post
Now, Vizag Port can handle Panamax vessels
In order to handle Panamax vessels in the Inner Harbour, Visakhapatnam Port has decided to add two more hi-tech 100-tonne harbour mobile cranes costing around Rs 35 crore each .