Sanjeev Kaushik, a 1992 batch IAS officer of the Kerala cadre, has taken over as the Executive Director of State-owned India Infrastructure Finance Company Ltd (IIFCL).
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Not enough credit enhancements
While in theory, the idea behind setting up IDFs is sound, the two structures proposed by the Ministry of Finance at present do not appear to have enough credit enhancement mechanisms to bring in domestic and foreign long term institutional investors, says Amit Dinakar.
Plan Panel forms committee on power distribution
Planning Commission has set up a committee headed by BK Chaturvedi to help restore the financial health of the poÂwer distribution utilities.
JNPT eyes tax-free bonds for dredging
Tax-free bonds may be Jawaharlal Nehru Port Trust's (JNPT) new way to a deeper draft.
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