As per the document, 4,650 acres area there has been notified as SEZs and utility and environment approvals are in place
The Survey suggested interlinking electricity supply with health and education
There is no control over credit disbursement as each lender is bound by its own policy and there is no single lender accountability
There is a directive to PSBs to reduce the number of banks in the consortium that lend to projects
In some cases, the upfront cash payout is securitised against a pre-decided amount and a coupon rate
Robust profit visibility, but high debt, working capital may limit growth of road, urban infra firms
In the past few years, investors have avoided shares of infrastructure companies. Last year when Dilip Buildcon was planning its initial public offering (IPO), foreign bankers advised the firm to postpone the issue, as they were not able to attract enough interest from foreign investors. With IPO subscription of 15 times and listing gains of 15 per cent in Dilip Buildcon, coupled with buoyant secondary market, the tide for infra stocks could be turning, say bankers.Grasim-Nuvo merger: All eyes on domestic fund managersAfter sharp criticism from foreign brokerages and investors, domestic fund managers are beginning to question the merger of Aditya Birla Nuvo and Grasim. Fund managers are already holding discussions on the position that they should be taking on the deal as minority shareholders. "Fund managers will use the long weekend to understand the finer points of the deal before they take a position next week," says the chief executive officer of a large fund house. On Friday, a da