IDFs play a vital role as investment vehicles that can be sponsored by NBFCs and commercial banks in India. Shrikanth S writes on how IDFs are correcting the asset-liability mismatch, and also help advance loans for fresh infrastructure projects. The urgent need to improve infrastructure prompted the Indian Planning Commission to estimate infrastructure spending in the 12th Five Year Plan (2012-17).
FlashNews:
IIFCL Launches Strategic Document to Support Green Infra
REC Reports Record Half-Yearly Profit of ₹74.48 Billion
RAHSTA to submit policy recommendations to NHAI
Roads & Highways Builders book RAHSTA Expo
Are Projects facing a 90 percent barrier?
RAHSTA Forum sets the stage for groundbreaking discussions in roads infra
NBCC sells office/commercial space worth Rs. 14,800 Crore approx
RAHSTA Forum to kick off road and highway expo journey
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Land Pooling Sinks under Flip Flops!
Gods or Demi-Gods cannot prevent a stampede
RAHSTA to showcase cutting-edge road construction tech, says NCC Director
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
IL&FS infra fund
A new infrastructure fund would be launched jointly by Standard Chartered Private Equity and IL&FS Investment Managers with a corpus of around $600 million. This is the second fund being launched jointly by both the firms
IL&FS, ICBC Hong Kong to cooperate on infra projects
Hong Kong-based Industrial and Commercial Bank of China (ICBC) signed an agreement with India's Infrastructure Leasing & Financial Services to aid infrastructure projects in the north and east Asia. This is one of the leading banks in Hong Kong and also a wholly owned subsidiary of Industrial and Commercial Bank of China
IL&FS to bolster presence in merchant banking segment
According to source-based information, Infrastructure Leasing and Financial Services (IL&FS) plans to strengthen its presence in the merchant banking business to cater to infrastructure companies. A top official of the firm is quoted as saying that the firm wants to increase its presence for doing initial public offers and merchant banking activities. In 2008, the firm divested 73.21 per cent stake in its merchant banking division IL&FS Investsmart to HSBC for arou
The urban expert
RK Jha is the Director of Gujarat International Finance Tec-City Co (GIFT), a joint venture of Government of Gujarat and IL&FS, has over 44 years of professional experience in planning, design, project development, execution (including financing),
LIC, IL&FS propose $2 bn infra fund
Life Insurance Corporation of India (LIC) plans to hold 10 per cent stake in the proposed $2 billion infrastructure debt fund (IDF) that it would set up in coordination with IL&FS.
Indian and foreign cos keen on MTHL
Prospective consortiums involving more than 50 companies, Indian and international, showed up for the Mumbai Trans Harbour Link (MTHL) project pre-qualification-bid meeting. They appreciated the way MMRDA has been showcasing and addressing the all critical MTHL.T
18,500-cr boost to DMIC
The Union Cabinet has cleÂared the proposal for infusion of Rs 18,500 crore in the Delhi Mumbai Industrial Corridor Development Corporation (DMICDC). The 1,483-km project running through seven states will come up along the proposed Delhi-Mumbai dedicated rail freight corridor.
IECC order book swells
IL&FS Engineering and Construction Company (IECC), earlier Maytas Infra, expects its order book to touch Rs 10,000 crore by this fiscal end and plans to grow in hydro power.
Changes proposed in DMIC
The commerce and industry ministry is revamping the Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) along the much-awaited Western Dedicated Freight Corridor to ensure that private players do not profit from funds provided by the government.