Page 5 - Infrastructure Sector

Centre infuses Rs 20k cr in NaBFID; BBB invites applications for post of MD

The Banks Board Bureau has also sought applications for the position of managing director of the government-owned development finance institute

Budget 2022: With easy credit, companies to ramp up data centres this year

Infra status for data centres and energy storage systems will give companies access to long-term financing and lower interest costs

Budget 2022-23: Higher allocation in infra sector to fuel economic recovery

Brokerages expect government spending on infrastructure to continue in FY23 with sizeable growth in capital expenditure in roads, highways, railways, defence, and housing sectors

Hard lessons for banks and FIs from a decade of bad infrastructure loans

Loans to the sector became huge NPAs largely due to the practice by lenders of offering unconditional mobilisation advance and time gap between preparation of a DPR and awarding the bid

Budget wishlist: Here are the key challenges in infrastructure sector

Implementation of reforms related to corporatisation of ports needs acceleration

Finmin to start process for appointment of MD, DMDs of Rs 20K-cr NaBFID

Last month, the government appointed veteran banker K V Kamath as the chairperson of the National Bank for Financing Infrastructure and Development (NaBFID) for three years

'US has huge investment surplus that can be used in India's infra sector'

US has huge investment surpluses that can be used in developing infrastructure in India and make it a manufacturing base to help American economy grow, Commerce and Industry Minister Piyush Goyal said

L&T Q1 consolidated net surges four-fold at Rs 1,174 cr on higher revenue

The company's topline in the period under review stood at Rs 29,334.73 crore, up 38% from the same period last year

Reliance Infra raises Rs 550.56 cr via preferential allotment of securities

Reliance Infrastructure had earlier said the funds would be utilised for long-term resources for general corporate purposes, to fund future growth and also to reduce debt.

IRB Infra posts 37% drop in fourth quarter profit at Rs 97.45 crore

The firm's expenses stood at Rs 1,474.27 crore, as compared to Rs 1,445.29 crore a year ago.

Best of BS Opinion: Signposts from China, consumer sentiments, and more

Here's a selection of Business Standard opinion pieces for the day

PE/VC investments drop by 35% in January to $1.6 bn: EY-IVCA data

January 2021 recorded three large deals worth $680 mn compared to five large deals worth $1.4 bn in January 2019 and 12 large deals worth $6 bn in December 2020

Dilip Buildcon's profit-after-tax falls by 13% to Rs 111 crore

Infrastructure major Dilip Buildcon said on Friday its profit after tax for the quarter ended December 2020 was lower by 12.7 per cent

Jaypee Infratech posts net loss of Rs 472.36 cr in December quarter

Jaypee Infratech on Thursday reported a consolidated net loss of Rs 472.36 crore for the quarter ended in December

Budget 2021: Massive spending commitment for infra; new DFI on the cards

Institution to have Rs 20,000-cr initial capital; Rs 5-trn lending portfolio target in 3 yrs

PE/VC investments in 2020 at par with 2019 at $47.6 billion, says EY-IVCA

Investments in Reliance Group entities worth S$17.3 billion accounted for 36% of all PE/VC investments in 2020

Budget 2021: Protectionist ways not enough, need infra push, say experts

Say India needs to bring down import duties over time

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

The Budget will be presented in the backdrop of a revival of the economy and expectations of good corporate earnings in the December quarter

Budget 2021: Protectionist ways not enough, need infra push, say experts

Say India needs to bring down import duties over time

Why infra projects need surety bonds

According to a report by Aon, the financial services firm, the global contract surety market was worth $6.5 billion in terms of premiums in 2018