AnZen Trust has acquired two operating inter-state transmission assets, located in the states of Punjab, Haryana and Bihar
Finance Minister Nirmala Sitharaman on Thursday emphasised on infrastructure investments and simplification of international taxation rules
This is lower than Finance Minister Nirmala Sitharaman's expectation Rs 1 trillion would be released by end of September
The decision was taken at extraordinary general meeting (EGM) of the shareholders of the company, IFCI said in a regulatory filing
Finance Minister Nirmala Sitharaman on Friday emphasised the need for bridging the infrastructure funding gap and developing innovative financing mechanisms for an inclusive growth in the sector.
Modi on Sunday announced a Rs 100 lakh crore Pradhan Mantri Gatishakti initiative which will create employment opportunities for the country's youth and help in a holistic infrastructure growth.
Says given the scale of India's infra deficit, the company is optimistic about govt's intent to complete projects as envisaged in the National Infrastructure Pipeline
It is expected that the InvIT would overtake the toll-operate-transfer (TOT) projects as the preferred monetisation route for the authority during the current year
The regulator is concerned about the structure being used for getting around tax requirements, according to a sources
Finance Minister Nirmala Sitharaman said the government will launch national monetisation for potential brownfield infrastructure assets
Investments in Reliance Group entities worth S$17.3 billion accounted for 36% of all PE/VC investments in 2020
Says banks not risk averse, they are being prudent
IndiGrid is India's first infrastructure investment trust in the power sector
Rating agency ICRA had earlier in February estimated that Rs 2 trillion would likely be raised through the InvIT route over the next five years
The lockdown's impact on corporate earnings will be worse than seen during the GFC, according to Nomura
The expenditure incurred on these projects till December 2019 was Rs 10,89,178.11 crore, which is 44.06 per cent of the anticipated cost of the projects
The government should be happy that they are still buying civilization by investing in infrastructure bonds instead of paying their full taxes.
Last week, the finance minister unveiled Rs 102 lakh crore of infrastructure projects that will be implemented in the next five years as part of the government's spending push in the infra sector
The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above
Capacity utilisation had improved gradually from 71 per cent in the aftermath of demonetisation to 76.1 per cent in January-March 2019