By its very definition, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), launched seven years ago, vowed to rejuvenate our cities. In the process, funds were allocated segment-wise-water supply, transport augmentation, facilities for the poor,
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Category: Infrastructure Finance
Sometimes, it’s good for India Inc to be India Outbound
Vietnam is the latest entrant in the PPP marketplace, thanks largely to World Bank's guidance. Kamran M Khan, Programme Director at Global Infrastructure Finance Centre of Excellence at World Bank-Singapore Urban Hub,
Case study: Lessons from Vietnam
After years of treading cautiously and failed attempts at PPP, Vietnam finally seems determined to push the envelope. To fund its first ever PPP project that will connect two major cities along an industrial corridor on the east coast,
New CMD of IDBI Bank
IDBI Bank got a new Chairman and Managing Director (CMD) after the post was lying vacant since May 31. MS Raghavan assumed the charge as CMD of IDBI Bank. Prior to the current assignment, Raghavan was the Executive Director with Bank of India (BoI),
Debt instruments preferred
Promoters of Indian companies are increasingly preferring to raise funds through debt and investors are also willing to offer it through structured deals or their NBFC arms that could either be a part of their investment group
L&T to go for Rs 1,000-cr ECB deal for Hyderabad Metro
For the Hyderabad metro rail project, L&T is close to striking a Rs 1,000-crore external commercial borrowing (ECB) deal with India Infrastructure Finance Co (IIFCL).
Centre signs $60 mn loan pact with ADB for NKUSIP
Centre has signed an agreement with Asian Development Bank (ADB) for A $60 million loan for 'North Karnataka Urban Sector Investment Program' (NKUSIP).
Raghuram Rajan is next RBI Governor
Chief Economic Adviser Raghuram Govind Rajan was appointed as Governor of the Reserve Bank of India (RBI). Rajan is set to take over the mantle of the central bank at a time when the economy is faced with a multi-pronged crisis of
Control and ownership norms in FDI
In order to bring more clarity on the issue, the Corporate Affairs Ministry is expected to submit its comments on control definition in the context of foreign direct investment (FDI) deals.
FDI relaxation in multi-branded retail
The Union government approved the relaxation of the foreign direct investment (FDI) policy on multi-brand retail trading (MBRT), by easing main contentious riders on such money.


