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:
The New Power Corridor
Mumbai’s Rooftop Solar Revolution: Tata Power Consumers Slash Bills by 50%
GAIL Posts ₹69.68 Billion Profit for FY2025-26 Amid Global Headwinds
RRP Defense Secures ₹298 Million BEL Order for Germanium Lenses
Noida International Airport: India’s New Visiting Card
India, Korea Ink Landmark MoU for Thoothukudi Mega Greenfield Shipyard
Air India Slashes 29 International Routes Amid ATF Price Surge
WABAG, PEAK Partner on Ghaziabad Bio-CNG Plant to Boost Energy Security
DFCCIL, ICFAI Forge Partnership to Drive Innovation in Logistics
S&P Urges Breaking Barriers as India Growth Outlook Moderates
Bhutan, World Bank Seal $515 Million Pact for Dorjilung Hydropower
REC Posts Record ₹162.8 Billion Profit, Declares Highest Dividend
India’s Infrastructure Investments to Surge 50% Despite Global Uncertainties: Crisil Ratings
Future of Himalayas White Paper Calls for Systemic Shift in Development and Resilience
Global Wind Installations Surge 40% as Sector Charts Path Beyond Energy Crisis
Siemens Ushers in Industrial AI Transformation with Eigen Engineering Agent at Hannover Messe
India and Asian Markets Adapt to Middle East LNG Disruption: S&P Global Energy
Polaris Smart Metering Secures $80 Million BII Financing to Accelerate India’s Smart Meter Rollout
Delhi Airport Unveils Multi‑Lingual Passenger Guide Under #DELCares
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.