The National Manufacturing Competitiveness Council (NMCC) has floated a proposal to the government for setting up a $1 billion venture capital fund (Rs 6,200 crore) to encourage manufacturing of telecom equipment and devices.
Category: Infrastructure Finance
Post
Post
Creating financially sustainable cities in India
The HPEC Report on Indian Urban Infrastructure and Services (2011) estimates that India will need urban infrastructure investment amounting to Rs 39.2 lakh crore in 20 years between 2012 and 2031.
Post
Urban projects: Chequered growth
The Cabinet Committee on Investment (CCI), according to latest reports, has unlocked 144 stalled infrastructure projects worth Rs 5.27 lakh crore. But experts don't see this reviving the fortunes of the Indian economy owing to the long gestation period of these projects.
Post
Telecom Commission to introduce graded penalty system
The Telecom Commission will soon decide on a new graded financial penalty system for telecom operators. The penalties will range from Rs1 lakh as a warning to Rs 50 crore for a severe infraction.
Post
ADB loan to three projects
The Asian Development Bank (ADB) and the Government of India signed loan agreements worth about $605 million (around Rs 3,760 crore) for three separate projects to better rail services, power and roads in the country.
Post
bilateral investment pacts to be reviewd
The government said it was reviewing all its bilateral investment promotion and protection pacts, amid global firms raising concerns about India´s investment policies. So far India has implemented 83 bilateral investment promotion and protection agreements (BIPPAs) with various countries.
Post
Bankers are not mere lenders, they should be accepted as partners
Corporates should treat banks as partners, and that will help in solving many problems. MV Tanksale, Chief Executive, Indian Banks' Association, tells Rahul Kamat that with new banks coming in, there will be intense competition
Post
Advantage infrastructure
A wide range of projects and facilities are granted the status of infrastructure projects under the new Companies Act, 2013. Prachi Manekar elaborates on the benefits from the new Act for the infrastructure projects.
Post
GFH investment pact
Gulf Finance House (GFH), a Bahrain-based Islamic investment bank, has signed two development agreements with Adani Infrastructure and Mumbai-based developer Wadhwa Group for real estate development in India. The agreements were signed on the sidelines of the Bahrain-India Business Forum in Mumbai, held as part of King Hamad bin Isa Al Khalifa´s visit to India.
Post
SBI to invest in GIFT city
State Bank of India (SBI) will invest Rs 150 crore to establish a facility in the Gujarat International Finance Tec-City (GIFT) at Gandhinagar. GIFT city is an initiative of Gujarat government to develop a hub for financial institutions.