NEWS

2023-03-15

Powergrid will issue bonds to raise up to Rs 9 billion

The Power Grid Corporation of India (Powergrid) board has given the go-ahead to raise unsecured, non-convertible, non-cumulative, redeemable, and taxa...

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2023-03-15

Government to fund green energy conversion of state-run refineries

According to India's junior oil minister Rameswar Teli, state-run refiners are putting plans in place to create 30.8 kilo tonnes of green hydrogen ann...

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2023-03-15

RBI grants IREDA the status of Infrastructure Finance Corporation

The Reserve Bank of India (RBI) granted Indian Renewable Energy Development Agency (IREDA) the status of 'Infrastructure Finance Company (IFC)' IRE...

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2023-03-15

Pragati Group receives $200mn from Singapore based fund

Pragati Group, an NCR-based Industrial and Logistics real estate developer, has raised $200 million in equity capital from a Singapore-based Private E...

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2023-03-14

Adani group prepays financing for Ambuja cement

As part of their debt repayment strategy, the Adani family paid off $2.15 billion in margin-linked share-backed financing by the end of March. Furthe...

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2023-03-14

Punjab Government to provide 25,000 EWS houses in phased manner

According to Housing and Urban Development Minister Aman Arora, the Punjab government will build 25,000 houses for people from economically weaker sec...

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2023-03-14

Survey to be conducted for Pune International Airport near Purandar

A budget of Rs 120 million has been authorised for six road projects in Purandar, Haveli Taluka, Pune District. Two significant roadways will also be...

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2023-03-14

Indian Railways signs deal with Tata Steel to manufacture new trains

The Ministry of Railways has a contract in place for the supply of seating systems and panelling for 22 Vande Bharat trains, with Tata Steel listed as...

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2023-03-14

22 smart cities should be operational by April

22 cities including Agra, Varanasi, Chennai, Pune, and Ahmedabad, will finish all projects under the government's ambitious Smart Cities Initiative by...

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2023-03-14

Largest AIF in warehousing worth Rs 20 bn to be raised by Welspun One

Welspun One Logistics Parks (WOLP), an integrated fund and development management platform with an emphasis on industrial and warehousing real estate...

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