About 24,800 km of road projects are to be developed over the next five years between 2017-18 and 2021-22 under the ambitious Bharatmala Programme.
FlashNews:
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
India Anchors $8 Billion Maritime Investment Wave
India’s Deepwater Energy Ambitions Ignite with Andaman Basin Gas Discovery
Mumbai-Ahmedabad bullet train corridor to emerge as major economic cluster: Ashwini Vaishnaw
IndiGo Adds 12 New Domestic Routes in October, Strengthens Regional Air Connectivity Across India
IndiGo Deepens Indian Ocean Connectivity with New Routes to Bali and Malé
Tag: NCD
Infrastructure tag will create liquidity in the sector
The affordable housing sector is looking and feeling upbeat! The sector has been finally granted infrastructure status, in addition to interest rate subsidies through the PMAY scheme, the income-tax breaks have been extended effectively till 2024 and finally the government has moved the idea of providing regulatory and construction approvals within 60 days.
Idea Cellular to raise Rs 500 crore via NCDs
Telecom operator Idea Cellular plans to raise Rs 500 crore through issuance of non-convertible debentures (NCDs). “The company is proposing to issue unsecured redeemable non-convertible debentures amounting to Rs 500 crore on a private placement basis,” Idea said in a regulatory filing.
L&T Infa Debt Fund to raise up to Rs.2,750 crore via bonds
With more leeway to fund projects and tax exemptions, L&T Infra Debt Fund (IDF), L&T Finance group's infrastructure refinancing arm, plans to raise up to Rs.2,750 crore through debentures.
Vedanta to issue Rs.2,000-crore NCDs to refinance debt
Vedanta Limited will issue non-convertible debentures (NCD) worth Rs 2,000 crore with an aim to refinance its debt.
L&T gets top rating from CRISIL for bond issue
Considering its strong financial position and market leadership, CRISIL gave 'CRISIL AAA/Stable' rating to Larsen & Toubro (L&T's) Rs 100 crore inflation linked capital indexed non-convertible debenture issue. L&T got this top rating owing to its diversified revenue profile, strong financial flexibility, and its dominant position in the engineering and construction (E&C) market in
Shriram Transport to raise debt
Umesh Revankar, Managing Director and Chief Executive Officer of Shriram Transport Finance informed that the firm Rs 1,000 crore through non-convertible debentures before June 2013. The company may raise a major portion of this amount from small individual investors and the remaining will be raised from qualified institutional investors and institutional
RBI takes steps to develop corp bond market
Reserve Bank of India (RBI) has taken two key steps to develop corporate bond market in the country. One among them is that these bonds are made eligible for repo (repurchase agreements) transactions in the money market. The repo deals can be struck on commercial pape
REC to raise $500 mn via ECBs
Rural Electrification Corporation (REC) is in the process of raising $500 million through external commercial borrowings or ECBs. The company is said to have invited bids for ECBs and whosoever offers the cheapest rates would be selected, Rajeev Sharma, Chairman and MD of REC said. So far in the current fiscal, the company has raised and disbu