The Government of India is unveiling a major economic package for infrastructure building in J&K and PM Narendra Modi is expected to visit the state next month to announce it.
Category: Infrastructure Finance
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SREI to raise up to Rs.500 cr in five year bonds
While state-run banks may be hesitant to fund new infrastructure projects, private lenders such as SREI Infrastructure are rolling up their sleeves.
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Funds crunch to hit road works
A rough ride may be in the offing for commuters due to shortage of funds with Delhi government.
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Vodafone India invests Rs.208 crore in Kerala operations
The company ramped up its network and distribution operations in Kerala by investing Rs 208 crore.
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Maharashtra to set up NBFC
The mounting debt of Rs 3 lakh crore reeling over Maharashtra is a cause of concern for its finance minister. Further, an interest payment of Rs 26 crore per day is a worry factor too.
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SEZs in Limbo
In order to push the growth engine of the country, the National Democratic Alliance (NDA) Government has taken the initiative of pushing the country´s manufacturing sector through the ´Make in India´ campaign.
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Airtel to raise $1 bn
Bharti Airtel approached the global debt market to raise up to $1 billion in a 10-year bond sale programme. Bharti´s $1-billion Reg S bond is in the market.
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Uttarakhand to get Central funds
Union Urban Development Minister Venkaiah said projects which are either completed or half done under schemes like JNNURM, Rajiv Awas Yojana and Swachh Bharat
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Jaitley promises funds for AP projects
The Union Finance Minister Arun Jaitley has assured Andhra Pradesh of providing the necessary funding for the multi-purpose Polavaram project
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Essar Ports plans Rs.3,000 crore new investments
Essar Ports has sought relaxed loan terms from bankers even as it plans Rs 3,000 crore (including Rs 2,000 crore debt) new investments on three key Port projects