The World Bank seems reluctant to renew a contract for backing the first phase of the Mumbai Urban Transport Project (MUTP).
Category: Infrastructure Finance
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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,
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We expect to provide an urban infra roadmap within six weeks
In March, a High Powered Expert Committee chaired by Dr Isher Judge Ahluwalia, Chairperson, Indian Council for Research on International Economic Relations, submitted a report on Indian Urban Infrastructure and Services.
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2 options for infra fund
The finance ministry is looking at two routes for the proposed infrastructure debt facility: the bond route through the debt fund and through the capital market.
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Tap small saving options to finance infrastructure
Globally, Royal Bank of Scotland's focus is to raise capital from public and private markets and selectively do asset equipment and shipping finance.
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TN PCPIR gets Rs 5,120 cr
The newly approved Petroleum, Chemicals and Petrochemicals Investment Region for Tamil Nadu, set up at Cuddalore and Nagapattinam, has received government support of Rs 5,120 crore.