“In the past, there was a suggestion to merge these two institutions. Now that IIFCL is being revamped, this could be relooked at,” he said.

The money will target acquiring assets and developing projects in sea and river ports, freight corridors, special economic zones etc.

Investment by ADIA, one of the world's largest sovereign wealth funds, will give a push to govt’s ambitious attempt to raise equity funds f...

“Strong investment pipeline with investment opportunities is under consideration in the roads, ports, aviation and power sectors,” the stat...

In December 2015, the government set up the NIIF as an investment vehicle for funding commercially viable greenfield, brownfield and stalle...

There is a proposal for airport development fund, port development fund and one more under the NIIF, sources said.

The government had set up the Rs 40,000-crore find in December last year as an investment vehicle for funding commercially viable greenfiel...

“Bose has extensive international experience in the infrastructure sector including experience in raising funds from international investor...

A panel headed by Finance Minister Arun Jaitley today took stock of the progress made on operationalising India's maiden sovereign wealth f...

The CEO of India's first Rs 40,000-crore sovereign wealth fund NIIF will be appointed in next few weeks, Finance Ministry said today.

Government is considering a proposal to dilute its stake in a host of infrastructure financing institutions such as REC, PFC and IIFCL .

"We are in the process of selecting CEO of NIIF. The CEO will be drawn from the market," Economic Affairs Secretary Shaktikanta Das said.

Global pension funds and sovereign wealth funds from countries such as Russia, Singapore and UAE have evinced interest in participating in ...

The Rs 40,000 crore Fund is set up as a Fund of Funds (Category II Alternate Investment Fund) with a proposed series of funds.

In July, the Cabinet had approved creation of NIIF, a sort of sovereign fund, for development of infrastructure projects, including the sta...

In July, the Union Cabinet had approved creation of a Rs 20,000-crore NIIF, a sort of sovereign fund, for development of infrastructure pro...

Government has set up a search committee under Economic Affairs Secretary Shaktikanta Das for selection of a CEO for NIIF.