The Ministry of Railways and its PSU Indian Railway Finance Corporation, hosted a meeting of banks & financial institutions in late July to sensitise
Category: Infrastructure Finance
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World Bank to probe IFC´s role in Vizhinjam port project
World Bank Group´s audit arm, Compliance Advisor Ombudsman (CAO), has decided to probe whether IFC
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KEC International wins Rs.622-crore worth orders
KEC International has secured orders worth Rs 622 crore in transmission, distri-¡bution and cables businesses.
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UP to fund Lucknow Metro Project
With the Lucknow Metro Rail project yet to get clearance from the Public Investment Board (PIB)
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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.
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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.
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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.