The government´s move to demonetise old Rs.500 and Rs.1,000 banknotes has been widely hailed by the country´s infrastructure sector as a positive development. Industry representatives would also like the government and its agencies to simultaneously roll out adequate measures to counter any likely bumps on the road ahead.
FlashNews:
Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains
Suzlon Wins 381 MW Order for Zelestra’s First FDRE Wind Project in India
Kandla Port Achieves Major Sustainability Milestone with Megawatt-Scale Green Hydrogen Plant Launch
Ceinsys Tech Profit Surges 112% in Q1 on Execution of FY2025 Infrastructure Mandates
India Extends ALMM Guidelines to Wind Energy Components, Tightens Cybersecurity Framework
Indian Railways to Add 574 km Under ₹1.1 Trillion Multitracking Plan
ArcelorMittal Reports $1.8 Billion Net Income in Q2 FY2025, Up Threefold
NISAR Mission Unites India and US Amid Trade War and Global Tensions
India’s MNRE Revises Solar Cell ALMM Rule to Support Domestic Bids
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GAIL Posts Q1 FY2026 Revenue of ₹3,479 Billion Amid Sustainability Push
Scindia Urges BSNL Circle Chiefs to Adopt CEO Mindset to Drive Services
AM/NS India Leads Nation in Securing CSIR-CRRI License for Steel Slag Roads
India’s Satcom Boom: Global Firms Bet on Policy Push and Rural Connectivity
Tata Consulting Engineers Subsidiary Ecofirst Successfully Delivers a Piece of India to Osaka World Expo 2025
India’s Ports Surge in Efficiency, Investment: Union Minister Sonowal
Air India Completes DGCA-Mandated Fuel Switch Inspections on Boeing Fleet
Genesys First in India to Link DIGIPIN with 2D and 3D Maps for Digital Address Infrastructure
Maharashtra to set up NBFC
The mounting debt of Rs 3 lakh crore reeling over Maharashtra is a cause of concern for its finance minister. Further, an interest payment of Rs 26 crore per day is a worry factor too.
Jain Irrigations agri-NBFC arm raises Rs.112 crore
Jain Irrigation announced that its subsidiary Sustainable Agro-commercial Finance Ltd (SAFL) - a non-banking finance corporation - has raised funds worth Rs 112 crore in a mix of equity shares and long term debt.
Foreign venture funds enter infra space
The Indian infrastructure space is set for a major fund-boost worth billions of dollars from foreign venture capital investors as regulator SEBI has removed a lacunae in norms to allow such investments.
India requires a deep market for IDFs to be tradable
I believe that the annual fund requirement of these projects will not go beyond Rs 50,000 crore as this will be done in phases, hence planning should be proposed accordingly.
Governments do not have magic wands for economic revival
The Government is taking all the necessary steps to revive the economy. It has taken quick decisions and is also focusing on executive and administrative capability to implement them.
Prime Minister, please
By the time this issue reaches your hands, the new government would have taken over. Which are the burning issues in the infrastructure space that have to be tackled on an urgent basis?
Essel Finance to diversify
Essel Finance Advisors and Managers is planning to add three more verticals to its portfolio in the coming months. The company already has a real estate private equity business and will add a non-banking financial company (NBFC), investment banking (IB) advisory and another vertical that will focus on fundraising for corporates. The overall plan of the company is to set up all the verticals in financial services business over the next 3-5 years.
It is good to be under RBI regulations as an NBFC
India Infrastructure Finance Company Ltd (IIFCL) may not see a paradigm shift because it was recently bestowed the NBFC status. Yet the company now hopes that regulation will help define its processes and growth better, Harsh Kr Bhanwala, Executive Director, IIFCL, tells Shashidhar an undaiah.
India Infoline to issue Rs 10.5 bn worth debentures
India Infoline Finance would issue non-convertible debentures worth Rs 525 crore with an option to retain over-subscription of a similar amount. In other words, the non-banking finance arm of India Infoline would mop up a maximum of Rs 1,050 crore through this issuanc