IL&FS Investment Managers Ltd (ILFS IML), the private equity arm of IL&FS, will raise about $1 billion (Rs 6,000 crore) from primarily overseas investors to invest in roads, ports, power and real estate developers besides other companies as it exhausts funds raised in the three verticals. The company has started discussions with its overseas investors and could complete the fund raising by December from pension and endowment funds.
FlashNews:
Small is Beautiful: IFFCO Reports Record Profit for Third Consecutive Year as Nano Fertiliser Sales Surge
Operation Sindoor: Airspace Restrictions in the Age of Cross-Border Tensions
REC Profit at ₹15,713 crore for FY25
Shri Jitendra Srivastava assumes charge as CMD, REC Limited
India’s Aerotropolis Plans Get Further Boost with Hisar Airport
REC Limited Signs MoU with MMRDA for ₹1 Lakh Crore Investment in Mumbai Metropolitan Region (MMR)
NBCC CMD K.P. Mahadevaswamy Assumes Chairmanship of SCOPE
Hindalco to be a force for good with engineered solutions transformation: Kumarmangalam Birla
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Home » ILFS IML to raise $1 bn
ILFS IML to raise $1 bn
Infrastructure Finance
August 1, 2014August 1, 2014
Leave a Reply
You must be logged in to post a comment.