With the Lucknow Metro Rail project yet to get clearance from the Public Investment Board (PIB)
Category: Infrastructure Finance
Post
Post
Funding Dichotomy
The population surge, rapid urbanisation, and the consequent congestion have time and again fuelled the ´need for speed´. Mass rapid transit system like the metro rail has dawned as a panacea in this regard.
Post
GOI to unveil Rs.40,000-cr package for J&K
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.
Post
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.
Post
Funds crunch to hit road works
A rough ride may be in the offing for commuters due to shortage of funds with Delhi government.
Post
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.
Post
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.
Post
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.
Post
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.
Post
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