State Bank of India (SBI) can't set up a new unit to run the operation owing to a regulatory hurdle.
Category: Infrastructure Finance
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Project delays in states cost Centre Rs 66,619 crore
Delays in projects being implemented in various states will cost the Union Government an additional Rs 66,619 crore.
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DoT mulling MVNO model
The Department of Telecommunications (DoT) is conÂsidering the introduction of a mobile virtual network operator (MVNO) model to set up a wireless broadband network in rural areas.
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RBI DISCUSSES INFRA FUND
Financial stability development council (FSDC) sub-committee, headed by RBI governor, recently discussed operationalisation of debt funds as part of planned investment worth $1 trillion on core sector projects in five years.
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A victim of controversy?
Was he just doing his job, or was he leading a flawed rating process? As the move that invited the US Treasury's wrath, the rating agency Standard & Poor (S&P) invited a storm of controversy by downgrading the US long-term sovereign credit
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I don't think many people want to take up new SEZs
Tata Realty and Infrastructure has invested in SEZs, but its CEO Sanjay Ubale tells Shashidhar Nanjundaiah why SEZs no longer offer a lucrative platform for investors.
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More on Board
The Board of Directors of Larsen & Toubro announced that R Shankar Raman will be appointed Chief Financial Officer of the Company on 6 September 2011, and will subsequently be elevated to the Board on 1 October 2011.
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FSDC for urgent steps to set up infra debt funds
The Financial Stability and Development Council (FSDC), headed by Finance Minister Pranab Mukherjee, has decided to initiate steps for a more vibrant corporate bond market to enable industry to raise debt funds for infrastructure.
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Kerala to spend Rs 1 tn on infra projects
In the next few years, the Kerala State Industrial Development Corporation (KSIDC) will be working on several mega projects worth Rs 100,000 crore.
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New financing tool to boost infra funding
The government is likely to clear a new financing tool, which would help infrastructure project developers access funds at a cheaper rate based on a guarantee and also free funds for banks to lend to industry and retail borrowers.