Page 2 - Niif

Shapoorji Pallonji sells entire stake in Jammu-Udhampur highway to NIIF

Contract for the project, which connects with Mata Vaishno Devi shrine, allowed the firm to collect a semi-annual sum for 20 years

Centre appoints NLMC interim head; to initiate surplus land monetisation

The interim CEO's job is learnt to have gone to Sanjay Kumar Jain, and the government has appointed its nominees to the board of the corporation

NIIF invests $300 million in DP World container terminal subsidiary

This is the single largest investment by NIIF's master fund and takes the vehicle's total investment in DP World's India arms to $500 million, as per an official statement

Ather Energy raises $128 mn led by NIIF's SOF, Hero MotoCorp & others

While the move does not put Ather Energy in the unicorn club, it definitely brings it within striking distance

NIIF invests Rs 2,100 cr in Manipal Hospitals, its first in health space

Manipal Hospitals had signed a deal to acquire India biz of Columbia Asia Hospitals last year.

NIIF hires Morgan Stanley infrastructure dealmaker Ami Momaya: Report

Momaya, who was with the US firm's infrastructure investment management division, will join NIIF as a partner in early May, says a person aware of the development

NIIF equity investments average less than Rs 1,000 cr in past 5 years

NIIF has invested of Rs 4,689 cr since December 2015 inception, while the co-investment by its partners stood at about Rs 7,053 crore at the end of September 2020

Govt considers creating bank with $13.7 bn equity to fund roads, ports

The finance ministry has prepared a note for Modi's cabinet to discuss the proposal

Canadian pension fund, LIC and NIIF keen to invest in NHAI InvIT

NHAI plans to put at least two-three projects worth Rs 5,000-6,000 crore under the InvIT by March-end.

NIIF completes fund raise for $2.3 bn Master Fund in fifth and final round

PSP Investments, DFC of US, Axis Bank ink pact for $107 million cumulative commitment; International investors have rights to co-invest an additional $3 billion

Bold reforms have ensured steady FDI flow even during pandemic: FM

Says govt initiated big reforms in agriculture and labour codes

NIIF to hold majority stake in CDC's Ayana Renewable after fresh infusion

CDC will put in $70 million as addl equity, NIIF $284 million and GGEF $36 million. The commitment is subject to final approval processes

LIVE: Delhi Metro to regulate train services over farmers' protest today

Stay tuned for Latest LIVE news

Union Cabinet approves Rs 6,000 cr infusion in NIIF debt platform

The move is part of the 'Aatmanirbhar Bharat 3.0' package announced earlier this month

Atmanirbhar 3.0: Cabinet to consider equity infusion of Rs 6k cr into NIIF

According to sources, the fund infusion would be made into the infra debt fund and infra finance company floated by the quasi-sovereign wealth fund

Govt infuses Rs 6,000 cr in NIIF debt platform to increase infra funding

NIIF AIFL (AA rating) and IFL (AAA rating) will raise Rs 95,000 crore debt from market, including project bonds

NIIF enters road and highway sector with acquisition of two Essel projects

The deal, done through NIIF Master Fund, is pegged at Rs 1,500-1,800 crore though the firms did not divulge the figure

Top headlines: HDFC Q2 profit tanks 28%, factory output hits decade high

From NIIF foraying into road and highway sector to HDFC Q2 profit declining, Business Standard brings you top news of the evening

Australia's largest investment funds plan entry into India, meet NIIF

These funds collectively manage assets worth Rs 38 trillion, see scope in India despite Covid

A tale of jittery bankers, a stalled deal and GVK's Adani embrace

August-end loan deadline brought GVK to negotiating table