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Indiabulls raises Rs.1,330 crore via masala bonds

Indiabulls raises Rs.1,330 crore via masala bonds

Indiabulls Housing Finance Ltd (IBHFL) has said that it has raised Rs.1,330 crore by issuing its first masala bonds to overseas investors. The three-year tenure rupee-denominated bonds were listed on the Singapore Exchange (SGX) and attracted close to 70 per cent participation from investors in Asia, a company statement said.

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Funds raised by NHAI

Funds raised by NHAI

The government has permitted borrowing of Rs.59.279 crore by NHAI during 2016-17 as IEBR. NHAI plans to raise Rs.5,000 crore through capital gains bonds and `50,000 crore through taxable bonds or other similar instruments

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Versatile Road Sweeper

Versatile Road Sweeper

It is highly essential to keep the roads and roadsides spic and span. Cleaner roads are safer roads. Maintaining a clean road involves the removal of litter and removal of leaves from the roads.