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INFRASTRUCTURE FUNDS INDIA
AIIB eyes bigger India water funding push as El Niño threatens dry spellAIIB intends to expand its water sector funding in India, which faces severe drought conditions this monsoon season. The bank is prioritizi...- CCI seeks more info on Adani Energy's IntelliSmart dealAdani Energy Solutions has proposed an acquisition of IntelliSmart Infrastructure for ₹3,050 crore. The Competition Commission of India has...
- Actis merges 11 India road assets into $1 billion trustActis LLP has consolidated 11 road assets worth around Rs 10,000 crore into its NXT-Infra Trust after raising Rs 1,180 crore from investors...
- India bats for stable maritime zones, continuity of statehood for island and coastal StatesSecretary (West) Sibi George welcomed the UN Declaration on Sea Level Rise during the 81st UN General Assembly session. He emphasized India...
- Snapdeal parent AceVector’s IPO opens for subscription: Key things to knowThe AceVector IPO will remain open for subscription until September 29. The companyraised Rs 189 crorefrom anchor investors on September 24...
- Motilal Oswal group gets SEBI custodian licence to start operations from Q4Motilal Oswal Financial Services’ wholly owned subsidiary MOCSPL has received SEBI approval to operate as a securities custodian, expanding...
- DRDO signs first deep-tech pact with Zero mK India for indigenous dilution refrigeratorDRDO has signed an agreement with Zero mK India for the development of a dilution refrigerator. This project will support quantum applicati...
- Govt eyes Rs 20,000 crore fund to power up frontier AI and compute ecosystemThe proposed National Frontier AI & Compute Fund (NFAICF) under the IndiaAI Mission is still under consultation, and its final size, struct...
- PhonePe to hire 20,000 staff, deploy 50 lakh payment devices in next yearIn an ambitious move to bolster India's digital payment landscape, PhonePe is set to hire more than 20,000 sales professionals aimed at exp...
- Jammu & Kashmir working on establishing Artificial Intelligence centre of excellenceThe Jammu and Kashir government plans to establish an Artificial Intelligence Centre of Excellence. The government said it is promoting AI ...
- Cannot rest on tailwinds, have to be conscious of risks, says PM's Principal SecretaryMishra listed fragmented global alliances, dependence on imports, pressure on the country's external accounts and artificial intelligence a...
- Financial sector must fund next generation of enterprises, not just next year's growth: P K MishraThe Principal Secretary to the Prime Minister P K Mishra said on Wednesday that the financial sector should move beyond financing near-term...
- India’s next consumption wave can’t be built for urban elite alone: FM SitharamanFinance Minister Nirmala Sitharaman urged corporate India to look beyond affluent urban consumers. Rising incomes will drive future consump...
- US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
- UPI’s new MDR pot: 5% of collections to be used for bringing small merchants onlineNPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment infrastructure in smal...
- India needs up to Rs 172 trillion infrastructure investment by FY31 to turn demand into financeable projects: NaBFID-BCG ReportIndia needs Rs 168-172 trillion in infrastructure investment through FY31, but Rs 78-80 trillion is yet to enter the announced project pipe...
- Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in IndiaNabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push fo...
- Government seeks long-term funds to boost infrastructure workIndia is grappling with a funding shortfall as long-term liabilities are rapidly decreasing. With bank deposits and debts maturing in less ...
- CCI nod for Lakshmi Mittal-Poonawalla Rajasthan Royals stake buysThe competition regulator in India has sanctioned the acquisition of three cricket franchises, with Westview Cricket and Poonawalla Sports ...
- Looking for best equity mutual funds to invest for 5 years? Check these 9 funds with over 20% gainsAround nine equity mutual funds delivered over 20% returns in the last five years, led by infrastructure and smallcap schemes. ICICI Pruden...
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