Finmin appoints SBI Chairman C S Setty, Uday Kotak as governing council members of NIIF TrusteeThe Finance Ministry has appointed two new members to the Governing Council of the National Investment and Infrastructure Fund Trustee Ltd ...
Avaada Energy secures Rs 315 crore finance for captive solar project in KarnatakaAvaada Energy secured Rs 315 crore financing from Aseem Infrastructure Finance ltd (AIFL) for a solar project in Karnataka. It will be deve...
NIIF makes equity investment of Rs 4,689 crore in 5 yearsThe Rs 40,000-crore NIIF was set up in December 2015 as an institution for enhancing infrastructure financing by investing in greenfield (n...
Cabinet approves Rs 6,000 cr infusion in NIIF debt platform“The cabinet took an important decision for Rs 6,000 crore of capital infusion in the National Investment and Infrastructure Fund in next t...
Jobs, tax relief for home-buyers and a message for China: Who got what in Nirmala Sitharaman's 12-point Stimulus 3.0Twelve new measures were announced as the third leg of the Atmanirbhar scheme championed by the Modi government.
ADB to invest $100 million in NIIF fund of fundsADB will now join the Government of India (GOI) and Asian Infrastructure Investment Bank (AIIB) as an investor in the Fund, said a press st...
What changed for D-Street while you were sleepingAnalysts said if Nifty50 breaches the 12,230 mark on the downside, then it will slip further.
India’s SWF gets ready to launch non-bank lenderNIIF already counts CPPIB, Abu Dhabi Investment Authority, AustralianSuper, Ontario Teachers’ Pension Plan, Temasek, Axis Bank, HDFC Group,...
SBI gains on divesting 4% stake in insurance armThe proposed transaction values SBI General Insurance at over Rs 12,000 crore.
Stake sale values SBI general insurance arm at Rs 12,000 croreThe lender will sell SBI General Insurance stake to Axis AMC and PI Opportunities fund.
Bad loan AMCs may see inflows of $10 billion from global investorsAn alternative investment fund would raise money from institutional investors to fund any AMC that will buy problem loans.
Project Sashakt looks good on paper, but can it really deliver?As of March 31, 2018, bad loans across listed banks stood at over Rs 10 lakh crore.
Ashapura Intimates Fashion Ltd plans capital expenditure for retail stores, manufacturing plantAshapura Intimates Fashion Ltd plans to spend Rs 31 crore for setting up retail outlets across Mumbai and manufacturing plant in Gujarat ov...