NHAI plans to put at least two-three projects worth Rs 5,000-6,000 crore under the InvIT by March-end.
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
Says govt initiated big reforms in agriculture and labour codes
CDC will put in $70 million as addl equity, NIIF $284 million and GGEF $36 million. The commitment is subject to final approval processes
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The move is part of the 'Aatmanirbhar Bharat 3.0' package announced earlier this month
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
NIIF AIFL (AA rating) and IFL (AAA rating) will raise Rs 95,000 crore debt from market, including project bonds
The deal, done through NIIF Master Fund, is pegged at Rs 1,500-1,800 crore though the firms did not divulge the figure
From NIIF foraying into road and highway sector to HDFC Q2 profit declining, Business Standard brings you top news of the evening
These funds collectively manage assets worth Rs 38 trillion, see scope in India despite Covid
August-end loan deadline brought GVK to negotiating table
The move led arbitral tribunal to vacate the order of injunction that had restrained Bidvest and ACSA from selling their shares to any third party, firm says in response to legal notice
Call Mumbai airport stake sale to Adani a breach of agreement
NSBP, a special purpose vehicle, is a co-developer for the Jawaharlal Nehru Port Trust (JNPT) SEZ
Plans to build 30 Gw of its overall generation capacity from renewable energy by 2032. It currently has installed capacity of 62 Gw, with 80% thermal power
With ADB's investment into the NIIF platform, the FoF has now secured $700 million in commitments
Besides, the fair trade regulator also approved acquisition of GVK Airport Holdings Ltd by Green Rock B 2014 Ltd, the National Investment and Infrastructure Fund (NIIF) and Indo-Infra Inc.
The deal includes a commitment of $150 million in NIIF's Master Fund and co-investment rights of up to $450 million in future opportunities to invest alongside the Master Fund
The company is seeking an exemption since 2015, while the I-T department has notified the fund only from April 1 this year