Infrastructure Investment

Global value chain faces disruption, reforms driving growth: FM Sitharaman

Finance Minister Nirmala Sitharaman highlights global challenges, stresses infrastructure push, reform measures, and technology-led growth to boost investment and productivity

Adani group to use own cash, debt to fund $20 billion annual capex

Group to bid for UP electricity discoms to expand network

Gadkari announces plans for aerial pods, e-buses to ease traffic woes

Union Minister Nitin Gadkari said the government is exploring an aerial pod transport system along the heavily congested corridor between Dhaula Kuan and Manesar in the National Capital Region

CPP Investments' India portfolio hits $21.68 bn in net assets in 2025

CPP exits Delhivery, invests in NHIT, solar-wind assets, and packaging platform as its India exposure exceeds C$30 billion in net assets in 2025

VVIP Group to invest ₹800 crore in luxury homes project in Greater Noida

Realty firm VVIP Group will invest around Rs 800 crore to develop a luxury housing project in Greater Noida. In a statement on Monday, VVIP Group said it has launched a new ultra-luxury project 'VVIP Addresses' at Sector 12, Greater Noida West. "With an investment of approximately Rs 800 crore, the project will comprise 350-plus premium residential units in a single-phase development," it said. The project is spread over 5 acres. The company is selling units between Rs 3.49 crore and Rs 6 crore. Praveen Tyagi, CMD of VVIP Group, said, There is a growing demand for luxury housing in the region, which reflects buyers' evolving preferences and a keen desire for a lifestyle that combines opulence, comfort, and connectivity." VVIP Group has developed many projects in Delhi-NCR.

KEC International wins ₹1,034 cr orders across key infrastructure sectors

KEC International, the flagship company of the RPG Group, has secured Rs 1,034-crore new orders in the domestic and international markets. The contracts have been secured in transmission & distribution (T&D), civil and cables verticals, the company said. The orders include supply of towers, hardware and poles in the Americas, establishing a semiconductor plant for a prominent private player in India, executing an upstream project for a leading steel player in India and supply of various types of cables. Total value of the new orders is Rs 1,034 crore. KEC International Ltd MD & CEO Vimal Kejriwal said, "We are pleased to begin the financial year with prestigious order wins in emerging and high-growth segments. Our T&D business has achieved a major milestone by securing its first ever order in the STATCOM segment, representing a strategic advancement in the substation value chain." The civil business has marked entry into the semiconductor segment with a significant ...

IL&FS MF pays ₹262 cr to infra investors; total payout hits ₹1.9K cr

IL&FS Mutual Fund has paid Rs 262 crore to investors in its infrastructure debt fund, taking the total payout to Rs 1,900 crore over the past six years, the company said. The debt scheme -- IL&FS Infrastructure Debt Fund Series 3B -- was redeemed on May 7, making it a timely redemption. The scheme redeemed Rs 262 crore, against the original invested capital of Rs 153 crore, delivering a return of around 8 per cent per annum to the investors since inception, according to a statement issued by IL&FS Group. With this, the total amount of Rs 1,900 crore has been redeemed and returned to the investors over the past six years across different infrastructure funds under the portfolio. Previously, IL&FS Mutual Fund successfully made four on-time redemptions so far, including Rs 405 crore in Scheme 1A in April 2019; Rs 427 crores in Scheme 1B in April 2021; Rs 185 crore in Scheme 3A in January 2023; Rs 611 crore in Scheme 1C in April 2024, and now the fifth redemption payment ..

Cube Highways Trust raises ₹1,152 cr through non-convertible debentures

The InvIT issued the NCDs across two tenures - three-year and seven-year

Core sector growth rises slightly to 3.8% in March, shows govt data

In March 2024, core sector growth had stood at 6.3 per cent

SBI looks to raise Rs 10,000 crore through 15-year infra bonds next week

SBI has previously raised Rs 20,000 crore in infrastructure bonds in the current financial year FY25

Indian Bank raises Rs 5,000 crore through long-term infrastructure bonds

The bank said the private placement of long-term infrastructure bonds received an overwhelming response at 3.19 times the total issue size

Unchecked Urban Growth: How illegal constructions hurt cities and safety

Illegal constructions make cities less liveable and endanger lives, but technology offers a path forward

Private capex in key infra sectors not 'to the extent desired': Eco Survey

International experience shows how initiatives at the sub-national level can facilitate resource mobilisation for infrastructure development, the report noted

India's core sector output sees 6.2% growth in April, shows govt data

The eight sectors-coal, steel, cement, fertilisers, electricity, natural gas, refinery products, and crude oil-comprise two-fifths of India's total industrial production

IndiGrid Investment Managers settles InvIT rule violation case with Sebi

IndiGrid Investment Managers Ltd has settled a probe by markets regulator Sebi in a case pertaining to the alleged violation of infrastructure investment trust (InvIT) rules after paying Rs 23.4 lakh towards settlement charges. The case related to IndiGrid Investment Managers allegedly using funds mobilised through borrowings for purposes other than the acquisition or development of infrastructure projects. The order came after IndiGrid Investment Managers filed a settlement application with Sebi proposing to settle the instant proceedings initiated against it "without admitting or denying the findings of facts and conclusions of law" through a settlement order. After IndiGrid Investment Managers paid the settlement amount, Sebi, in a settlement order passed on Monday, said the "instant adjudication proceedings initiated against the noticee vide SCN (SCN) ...September 21, 2023 is disposed of". The Securities and Exchange Board of India (Sebi) initiated adjudication proceedings ...

NaBFID eyes Rs 1 trillion sanctions for new infra projects in FY25

May tap into overseas market for fundraising in H2FY25

India sends 2nd tranche of INR/Nu 5 bn to Bhutan for infrastructure project

Notably, the first tranche of INR/Nu Five billion was released on January 28, 2024

At 100, co-op infra major ULCCS set to expand footprint beyond Kerala

Having grown from humble beginnings into a major infrastructure builder, Kerala-based Uralungal Labour Contract Cooperative Society (ULCCS) has plans to extend its footprint in its centenary year, based on the foundational vision of sustainable and inclusive development. Founded by a group of youngsters inspired by the teachings of social reformer and renaissance flag-bearer Vagbhatanandan as a workers' collective at a village near Uralungal in Kozhikode district in 1925, ULCCL is now a mega enterprise with an annual turnover of Rs 3000 crore and a large workforce on muster rolls. As a Total Solution Provider (TSP), ULCCS in recent years forayed into cutting-edge fields as well including Information Technology, skill development and material quality testing, even as consolidating its position in the infrastructure development. With a rich legacy and flourishing portfolio of 7500+ projects, ULCCS is a member of the International Cooperative Alliance (ICA) and earned the internationa

Defence minister inaugurates 35 Border Road projects worth Rs 670 crore

Rajnath Singh announces risk and hardship allowance for BRO personnel and increases ex-gratia compensation for casual labourers to Rs 5 lakh from Rs 2 lakh

Capacit'e Infra raises Rs 200 cr via QIP route for working capital needs

Capacit'e Infra on Friday said that it has raised Rs 200 crore through issuance of Qualified Institutional Placement (QIP). The proceeds from the QIP will be utilised for funding working capital requirements and other general corporate purpose of the company, Capacit'e Infra said in a statement. "Capacit'e Infraprojects announces the successful completion of its fundraise of Rs 200 crore through a QIP. The book was subscribed more than four times and witnessed traction from a diversified set of investors," it said. The company's QIP committee approved the issue allotment of 79,47,546 equity shares of face value of Rs 10 each to 24 Qualified Institutional Buyers (QIBs) at an issue price of Rs 251.65 per equity share (including a premium of Rs 241.65 per equity share). Capacit'e Infra Executive Director Rohit Katyal said, "We witnessed a positive response to our QIP. It reflects the trust investors have in our potential. The funds raised through this QIP shall empower us to accelerat