The mobile service provider MTS plans to invest over Rs 100 crore for expansion of its business in Karnataka.
Category: Infrastructure Finance
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Financing a behemoth can mean new schemes
The Indian Railways is the world's fourth largest freight carrier, controlled by a single management. he Indian Railways operates around 14,000 trains everyday, out of which 8,900 are passenger trains and 5,100 are freight trains.
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Saraswat Bank, Reliance ADAG in tie-up
Saraswat Bank has announced a tie-up with Reliance ADAG under which the Anil Ambani-led group will market a core banking solution developed by the bank's infotech subsidiary.
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Structure of proposed IDFs finalised
A final structure of the Infrastructure Debt Funds (IDFs) has emerged following wide-scale consultations held with potential investors, infra companies, regulators and experts.
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WB may not renew Mumbai contract
The World Bank seems reluctant to renew a contract for backing the first phase of the Mumbai Urban Transport Project (MUTP).
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AAI seeks funds to keep growth pace
Airports Authority of India (AAI) has sought additional funding to keep pace with the fleet and traffic expansion expected in India over the next five years. AAI, which invested around Rs 1,200 crore in modernisation projects last year,
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Apollo Global to invest in Welspun
Private equity firm Apollo Global Management will invest Rs 2,250 crore in Welspun group companies. Touted to be its biggest investment in India, funds affiliated with Apollo will invest Rs 1,305 crore in Welspun Corp Ltd,
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Steering the growth
India's urban infrastructure is growing at a phenomenal pace, but due to improper urban planning in the past, growth is not able to match the pace of economic activities in the urban areas, says Kumar Ramesh.
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A campaigner hangs her boots
After a 39-year stint, Shyamala Gopinath, Deputy Governor of Reserve Bank of India (RBI), stepped down recently. As Deputy Governor, she was in charge of not only the entire portfolio of the monÂetary policy,
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Analysis: Balancing requirement and availability
While the gap in debt requirement versus availability towards meeting the 12th Plan target is enormous and requires focused effort to address, equity investors will now look for steadier long-term investments,