Infrastructure is the backbone on which the economic and social wellbeing of any country hinges. Though India has emerged as the third largest economy, its GDP growth rate slowed down to less than 5 per cent in FY 13-14, as against a CAGR of 8.4 per cent during 2003 - 2010.
FlashNews:
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
Air India Express Adds Jodhpur and Udaipur to Domestic Network, Expands Footprint to 60 Destinations
Noida International Airport Pioneers India’s Green Construction Shift with LC3 Cement
Domestic Flyers Drive Digital Airport Revolution with Record Self-Check-In and DigiYatra Uptake: CSMIA
Tag: Tax-free bonds
Budget gives boost to real estate
The Budget proposes low-cost housing for young citizens with Rs 4,000 crore; allocation of Rs 4,000 crore for affordable housing via National Housing Bank and housing for all by 2022, which will create a favourable environment that will boost affordable housing in the country.
NHB to go for Rs 5,000 cr tax-free bonds
Seeking issuance of tax-free bonds worth Rs 5,000 crore, the National Housing Bank (NHB) is planning to request the Union government in the next fiscal. NHB is the regulator for housing finance companies in the country.
PSUs’ tax-free bonds lure retail investors
Posing a new threat to banks, which are already struggling with poor deposits growth, hundreds of investors are breaking their tradition of saving in bank fixed deposits to invest in tax-free bonds from State-run companies. High yields, being offered by the tax-free bonds are attracting the investors.
13 govt firms allowed to raise Rs 48,00 cr via bonds
To facilitate infrastructure needs of public sector institutions the Union government has permitted 13 such institutions to raise Rs 48,000 crore via tax free bonds in 2013-14. With this the government, for the first time, has allowed sovereign wealth funds (SWFs) in the private placement segment of these bonds.
13 govt firms allowed to raise Rs 48,00 cr via bonds
To facilitate infrastructure needs of public sector institutions the Union government has permitted 13 such institutions to raise Rs 48,000 crore via tax free bonds in 2013-14. With this the government, for the first time, has allowed sovereign wealth funds (SWFs) in the private placement segment of these bonds.
EPL to raise Rs 500 crore via bonds
Ennore Port (EPL) plans to raise only Rs 500 crore through tax-free bonds instead of the earlier plan of mopping up Rs 1,000 crore. The port is awaiting government notification and it hopes that it would get the same in next two to three months.
Govt to raise Rs 1,000 cr via tax free bonds for airports
The government of India has decided to set up new airports in small cities and Airport Authority of India is all set to issue tax free bonds in this financial year to raise funds up to Rs 1,000 crore. The funds thus raised will be used for the development of low-cost airports. Maturity period of these bonds is going o be ten years. Those who invest in these bonds will also get tax benefits. AAI Chairman VP Agarwal informed that raising Rs 1,000 crore will help to develop the proposed 51 new air
AAI mulls Rs 1,000 cr tax-free bonds for developing airports
The Airport Authority of India (AAI) has decided to issue tax-free bonds worth Rs 1,000 crore in the current financial year to finance and develop small airports in the country. AAI's move comes days after the government's decision to construct 51 low-cost airports across the country. It would strengthen the financial position of AAI to build these airports,' AAI Chairman V P Aggarwal said in Delhi.
Investors lose appetite for tax-free infrastructure bonds
Industry players feel that capital market investors and private equity funds have low appetite for investment in infrastructure sector because of inherent risks involved in such ventures. Poor appetite among investors for this sector is evident from the weak response to the bond issues of infrastructure companies. Ennore Port, Dredging Corporation of India and the Jawaharlal Nehru Port Trust (JNPT) received tepid respo
- 1
- 2