A consortium of lenders led by IDBI Bank has put on sale a 540 MW coal-based power plant in Maharashtra owned and operated by Sai Wardha Power Generation, according to a bid document.
FlashNews:
India Plans Airport-Centric Real Estate Push; Naidu Targets 15% Economic Growth
NALCO’s Lithium Leap: Head Reveals Timeline for Argentina Mines, Global Expansion Plans
Mumbai-Ahmedabad Bullet Train Gains Momentum with Major Civil Works Milestones
ONGC Begins Gas Sales from Chinnewala Tibba Block, Boosting Rajasthan’s Energy Grid
OIL-BPCL Join Hands for City Gas Network Rollout in Arunachal Pradesh
Government push makes India’s maritime sector future-ready, unlocking $1 trillion potential”: Sonowal
ISRO Innovations Continue to Reach Industry as IN-SPACe Signs Five New Deals
India Launches Maritime Hackathon at IIT-Madras to Power Port-Tech Startups Ahead of Maritime Week 2025
CAE, InterGlobe JV Opens Fourth Commercial Aviation Training Centre in India to Meet the Country’s Soaring Pilot Demand
India’s Space Vision 2040: Jitendra Singh Says Astronaut Will Announce ‘Viksit Bharat’ from Moon
India May Launch Dedicated Maritime Satellite to Boost Coastal Governance: Sonowal
Modi Inaugurates ₹18.7 Billion Aunta-Simaria Ganga Bridge to Link North and South Bihar
Biofuels Earn Farmers $15 Billion Over 11 Years, Says Puri; Reaffirms Commitment to Shield Consumers from Fuel Price Volatility
Reacting to Trump tariffs, India, Brazil expand oil ties: S&P Global Commodity Insights
Jupiter Wagons Secures $25.8 Million Vande Bharat Wheelset Order, Plans Major Odisha Expansion
WABAG Wins $5.6 Million Water Management Contract for RenewSys Solar Cell Facility in Hyderabad
IHCL to redevelop historic Chotelal Ki Ghat in Kolkata under heritage-led riverfront initiative
India’s Airline Profitability to Dip Amid Airspace Disruptions and Safety Concerns: Crisil Ratings
Welspun One Expands South India Warehousing Portfolio with $258 Million Investment
Tag: IDBI Bank
The Insolvency and Bankruptcy Code ’16
The Insolvency and Bankruptcy Code, 2016 is a comprehensive piece of legislation that touches all insolvency and bankruptcy issues of companies, limited liability partnerships (LLPs), limited liability entities, individual and partnership firms.
MEP Infra receives date for Talaja-Mahuva Hybrid Annuity project
MEP Infrastructure Developers Limited has been given April 25, 2017, as the Appointed Date for its Hybrid Annuity project in Gujarat (the Talaja-Mahuva section) in accordance with the Concession Agreement executed with the National Highways Authority of India (NHAI). The project is a part of the Bhavnagar-Veraval stretch.
NPCI´s Unified Payments Interface (UPI) set to go live
National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments systems in India has announced that Unified Payments Interface (UPI) will be going live for customers with 21 banks.
TRAILBLAZERS
A buzzing campus, enthusiastic students, a well-organised event, distinguished and exemplary speakers all made for a day´s worth of good entertainment but also important information and keen insights on infrastructure in India
Move to revive gas-based power will benefit banks
Terming the Indian Government´s decision to revive and improve utilisation of the country´s stranded gas-based power generation plants to import feed stock
IDBI Bank raises Rs.2,500 crore
IDBI Bank has raised Rs 2,500 crore through Basel-III-compliant additional Tier-I (AT-I) bonds to enhance its capital adequacy. The coupon (interest rate) for AT-I bonds is 10.75 per cent payable annually.
Injecting Hope
A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country
Fundamentals revisited
Most banks have shown resilience, preventing further deterioration in asset quality in the fourth quarter. The same quarter also proved to be healthy in terms of recovery for most PSU banks
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),
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