As the state gears up to meet additional power demand of 3500 MW for rural electrification by the end of 12th Plan
Category: Infrastructure Finance
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India needs Rs.31 lakh cr for infra in five years: Crisil
The funding need for building India´s infrastructure is large, said a White Paper on Infrastructure Financing by Crisil Ratings and industry body Assocham.
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FinMin to infuse Rs.5,000 cr into PSBs
The finance ministry will inject Rs.5,000 crore in public sector banks to boost their capital.
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Railways seeks FinMin help to meet Pay Commission ´burden´ of Rs.32,000 cr
As the Railways stares at Rs.32,000-crore additional costs for implementing the Seventh Pay Commission recommendations, Railway Minister Suresh Prabhu
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NHAI, L&T lock horns over funds
The Union Ministry of Road Transport and Highways has given a jolt to L&T
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Modi launches Neev Fund in UK
India´s first low-income state infrastructure equity partnership (the Neev Fund) was launched by Prime Minister Narendra Modi in UK in the presence of David Cameron, Prime Minister, United Kingdom.
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Signing of MoU between IIFCL and PFS
India Infrastructure Finance Company Ltd. (IIFCL) and PTC India Financial Services Ltd (PFS) signed a Memorandum of Understanding (MOU) at IIFCL New Delhi, expressing the intent of both parties to strengthen cooperation in co-financing or consortium financing of various infrastructure projects through working together by joint pooling of respective complimentary resources.
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PM Narendra Modi invites China to join solar alliance
Ahead of the crucial Paris climate talks, Prime Minister Narendra Modi invited China to join the International Solar Alliance proposed by India. Modi extended the invitation to China during a meeting with his Chinese counterpart Li Keqiang on the sidelines of ASEAN-India Summit.
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Investments in AIFs to get a boost on RBI notification
Alternate Investment Funds may soon be flush with money after the RBI notified that NRIs and foreign portfolio investors (FPIs) will be allowed to invest and trade in this category of funds.
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Essar Ports successfully delists at Rs.133 per share
The Ruias-controlled Essar Ports Ltd will cease to exist as a publicly traded company as its promoters have successfully delisted the firm. JM Financial Institutional Ltd, manager to the delisting process, said that the delisting offer would be deemed to be successful. The delisting price was fixed at Rs.133 a share.