Infrastructure Fund

Alpha Alternatives raises Rs 3,800 cr for first close of maiden infra fund

The category II AIF will invest in road assets across India

RBI's draft provisions create a flutter

The new provisioning norms for infrastructure financing have set the cat amongst the pigeons

NaBFID to sanction Rs 3 trn by March 2026 to support infra development

National Bank for Financing Infrastructure and Development (NaBFID), which supports the development of long-term non-recourse infrastructure financing, has set a target to sanction Rs 3 lakh crore by March 2026, the finance ministry said on Thursday. Finance and Corporate Affairs Minister Nirmala Sitharaman chaired a meeting to review the performance of the NaBFID and asked it to introduce a structured partial credit enhancement facility towards deepening bond markets, including for urban local bodies and municipalities. To date, NaBFID has made total sanctions of more than Rs 86,804 crore, with projects spread across the country and in diversified sub-sectors of infrastructure like roads, renewable power, ports, railways, and city gas distribution. Out of the Rs 86,804 crore, 50 per cent has been sanctioned with long tenure of 20 to 50 years. "NaBFID will sanction over Rs 3 lakh crore by March 2026," the ministry said in a release. It will continue its focus on infrastructure ...

Women-run garment manufacturing unit to open in Raipur by early next year

The factory to employ 1,000 women in the first phase will later be expanded to generate employment for over 2,000 women

Lenovo to invest $1 billion over three years to advance AI infra solutions

This announcement marks Lenovo's largest AI infrastructure investment in history

Rs 15,626 cr sanctioned under Agriculture Infrastructure Fund, says Govt

Loans amounting to Rs 15,626 cr have been sanctioned under Agriculture Infrastructure Fund to create 21,380 infrastructure units

Bet on infrastructure funds to gain from government push: Experts

High cost of capital, change in policy key risks for these funds

Adani group to raise funds to acquire road projects from Macquarie

Two entities of Adani Enterprises Ltd -- Adani Road GRICL Limited (ARGL) and Adani Road Stpl Ltd (ARSL) - will together raise upto Rs 800 crore through non-convertible debentures (NCDs)

BlackRock raises $673 million for climate-focused infrastructure fund

BlackRock Inc said it has raised a target-beating $673 million for an infrastructure fund with backing from the French, German and Japanese governments

Infrastructure fund yields depend on govt expenditure, say analysts

Let managers of diversified equity funds decide exposure, avoid direct investment

KKR raises $3.9 billion for its first Asia-Pacific infrastructure fund

KKR raises $3.9 billion for its first Asia-Pacific infrastructure fund

China-led AIIB grants $150 mn loan for India Infrastructure Fund

AIIB also approved loans to support transport and power projects in Georgia and Tajikistan

National infra fund gets a move on

After much delay in the formation of the National Investment and Infrastructure Fund, a beginning is set to be made with India holding last-mile discussions with the United Arab Emirates (UAE) and Qatar. Some half a dozen road projects are likely to be put on offer to the NIIF in the first lot.The UAE, through its sovereign fund, the Abu Dhabi Investment Authority (ADIA), will invest in the NIIF. "Talks with the UAE are nearing finalisation. A team from the NIIF had recently visited Abu Dhabi. After the UAE, Qatar is likely to subscribe to the fund," said a senior government official.The setting up of the NIIF was delayed because the ADIA had insisted on a non-government company structure for it. Since now the NIIF is in place with Sujoy Bose, former director and global co-head, infrastructure and natural resources, International Finance Corporation, as its chief executive officer, the formal subscription to the fund is expected to happen soon.The ministry of road transport has ...