Air India is in talks with Life Insurance Corporation of India for a loan of up to Rs.10,000 crore to help finance the acquisition of six Boeing 787 and three 777 aircraft.
FlashNews:
Flytta Launches India’s First Retrofitted Electric Truck for Industrial Logistics
IndiGo Launches Direct Mumbai-Heathrow Flights, Expands Long-Haul Footprint in UK
INOX Air Products Invests ₹5 Billion in Dholera to Build India’s First Electronic Speciality Gas Hub
MoSPI Hosts Brainstorming Workshop to Develop Framework for Measuring India’s Knowledge Economy
Surat HSR Site Reviewed by Railway Minister and Japan’s Infrastructure Chief Amid Bharat-Japan Rail Push
Tata Power Renewables Signs PPA for 80 MW Dispatchable Green Energy Project in Mumbai
IndiGo to Resume China Flights from October 26 as India-China Air Services Restart
From Muddy Tracks to Expressways: Bihar’s Quiet Road Revolution
Indian Railways Launches Assured Transit Container Service from Delhi to Kolkata
IGL Opens New Delhi Office as Minister Puri Highlights India’s Clean Energy Push and Refining Ambitions
Road Construction May Hit Five-Year Low in FY2026, Cautions ICRA
Delhi Airport Rolls Out E-Arrival Card for Foreign Travellers to Streamline Immigration
From Muddy Tracks to Expressways: Bihar’s Quiet Road Revolution
NMIA Secures DGCA Aerodrome Licence Ahead of October Launch
India Re-elected to ICAO Council with Enhanced Global Support
India’s Renewable Energy Surge: ICRA Projects 35 GW Capacity in FY2026
Air Marshal Bharti Calls for Full Indigenisation to Win Future Wars
Air India, Airbus Launch Advanced Pilot Training Hub in Gurugram
India-Bhutan Rail Links Signal Strategic Leap in Himalayan Connectivity
Tag: Life Insurance Corporation of India
Competition Picks Up in HAM
Macro developments suggest positive trends in the road sector with pickup in execution. Recent bids under the Hybrid Annuity Model (HAM) in May-June have seen participation increasing from two-four players to seven-eight players as the risk-reward equation is favourable.
Jaypee Infra defaults on loans
Jaypee Infratech announced it had defaulted, for the first time, on interest payments to Indian banks of Rs.193 crore and of Rs.300 crore to Life Insurance Corporation of India in repayment of principal.
LIC stars in NTPC stake sale show
The Rs.5,000-crore stake sale by the government in NTPC saw demand for almost twice the shares on offer, led by a big-ticket application by insurance giant Life Insurance
India Infradebt to issue Rs 5 bn worth debentures
In order to finance infrastructure projects, India Infradebt is in the process of issuing Rs 500 crore worth of debenture. The debenture was assigned AAA/Stable rating by CRISIL. ICICI Bank, Bank of Baroda, Life Insurance Corporation of India and Citicorp Finance (India) jointly promoted Infradebt as an infrastructure debt fund (IDF) in the non-banking financial company
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.