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.
Category: Infrastructure Finance
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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
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L&T Infra to raise funds
L&T Infrastructure Finance Company said it will raise up to Rs 50 crore debts by way of private placement.
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$400 mn loan for TN Urban Development Project
The government has inked a deal with the World Bank for a $400 million loan for an urban development project in Tamil Nadu.
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Infra funds tracker as on April 30, 2015
With the aim of maintaining its thrust on the infrastructure sector, the Indian government recently announced it would spend close to Rs 20,000 cr in building roads in the North-Eastern states in the current financial year 2015-16.
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Norms for SEZs finance
Paving the way for the country´s first finance SEZ, the Gujarat International Finance Tec-City (GIFT), to commence operations, Finance Minister Arun Jaitley at a function recently unveiled the composite regulatory framework for financial- sector
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Rs.1.71 lakh crore for projects
In a meeting with the Finance Ministry recently, some 27 state-owned banks have agreed to extend credit of around Rs 1.71 lakh crore to non-conventional energy projects over the next five years.