The Tamil Nadu Infrastructure Fund Management Corporation Ltd (TNIFMC), an asset management company (AMC) formed under the Tamil Nadu Infrastructure Development Board (TNIDB), plans to raise an alternate investment fund of around $1 billion to support infrastructure development in the State.
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Category: Infrastructure Finance
Port development: Financial support to be sought from Centre
Financial support would be sought from the Union government to develop all ports, Karnataka State Minister for Ports Baburao Chinchanasur said. A
IL&FS Transport plans to raise Rs.750 crore through rights issue
IL&FS Transportation Networks has said it plans to raise Rs 750 crore via a rights issue to augment its long-term resources.
Vedanta to issue Rs.2,000-crore NCDs to refinance debt
Vedanta Limited will issue non-convertible debentures (NCD) worth Rs 2,000 crore with an aim to refinance its debt.
India, UAE to Start Multibillion Dollar Fund
India and the United Arab Emirates (UAE) are set to start a $75 billion fund to invest in Indian infrastructure projects.
Thinking Afresh
A quality transition to the planned expansion will require a huge capital investment in electricity, railways, roads, ports, airports, irrigation, water supply and sanitation systems.
Srei Equipment Finance plans $500 mn debt issue
Srei Equipment Finance, an equal-stake joint venture between Srei Infra and Paribas, is planning to raise about USD 500 million
Tata Opportunities fund invests Rs.335 crore in Tata Projects
Tata Opportunities Fund, the investment arm of the Tata Group, which is advised by Tata Capital, invested Rs 335 crore in Tata Projects Limited (TPL)
Railways Ministry meets banks and financial institutions
The Ministry of Railways and its PSU Indian Railway Finance Corporation, hosted a meeting of banks & financial institutions in late July to sensitise
World Bank to probe IFCĂ´s role in Vizhinjam port project
World Bank GroupĂ´s audit arm, Compliance Advisor Ombudsman (CAO), has decided to probe whether IFC


