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Budget For Home Ministry: Huge Raise In Funds For Security, Border Infra
Finance Minister Nirmala Sitharaman has taken a balanced approach in allocating funds to run policies, services, and activities under the Home Ministry in interim Budget 2024. For example, security related expenses have seen a hike of 22 per cent.
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Budget 2022: CII For Additional 1% CSR Levy To Provide Covid Booster Shots
CII also called upon state governments to lift the pandemic-induced restrictions on economic activity
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Crypto.com User Accounts Breached by Hackers, ETH Worth $15 Million Stolen From Exchange
Crypto.com was breached by hackers, leading to major loss of funds stored in Ether. While an investigation has been initiated in the case, CEO Kris Marszalek claims to have hardened its security infrastructure following the hack attack. Details on the type of hack remains unknown.
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Budget 2021: Reforms Required To Boost Commercial Real Estate Investments
Budget 2021-22: The Union budget should allocate more funds towards IT infra spends involving digitization of land records in urban areas
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Stocks To Watch: State Bank of India, L&T, IRB Infra, Muthoot Finance
List of Stocks in Focus Today: State Bank of India shares are likely to be in the limelight after India's largest bank said that it raised Rs 2,500 crore from bonds to fund business growth.
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Rs 8,100 Crore Financial Assistance For Infra Viability Gap Funding Gets Nod
An official release said revamped Viability Gap Funding Scheme mainly relates to two sub-schemes for mainstreaming private participation in social infrastructure:
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Rajiv Gandhi University In Arunachal Pradesh Tie Up With Funding Agency For Infra Development
The construction of the Rajiv Gandhi University faculty building for Electronics and Communication Department, residential quarters for staffers and hostels for students among others will be taken up under the programme.
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India Announces $ 500 Million Assistance For Mega Infra Project In Maldives
India will fund the implementation of a major connectivity project in Maldives through a USD 400 million line of credit and USD 100 million grant, External Affairs Minister S Jaishankar said on Thursday after holding wide-ranging talks with his Maldivian counterpart Abdulla Shahid.
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Nirmala Sitharaman Announces Rs 1 Lakh-Crore Farm Infra Fund In Third Set Of Measures: Highlights
Finance Minister Nirmala Sitharaman announced the creation of a Rs 1 lakh-crore fund immediately for strengthening farm gate infrastructure to support farmers.
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Banks Not Funding Infra Projects Worth 2 Lakh Crore: Nitin Gadkari
Union Road Transport and Highway Minister Nitin Gadkari on Saturday lashed out at banks saying they are not making financial closures for infrastructure projects worth Rs 2 lakh crore despite a "golden opportunity" and blamed the Reserve Bank for creating "more complications".
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IRB InvIT, India's First Infra Trust Shares Make Market Debut, Gains 3%
The initial public offer (IPO) of IRB InvIT Fund was subscribed 8.6 times. The segment reserved for institutional category saw 10.8 times subscription, while the segment reserved for non-institutional investors was subscribed 5.9 times.
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IRB InvIT Fund, India's First Infra Trust IPO Subscribed 8.6 Times
IRB InvIT will own, operate and maintain a portfolio of six toll-road assets in the states of Maharashtra, Gujarat, Rajasthan, Karnataka and Tamil Nadu.
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IRB InvIT Fund IPO, India's First Infra Trust, Open Now: Should You Invest?
The IRB InvIT Fund IPO priced between Rs 100-Rs 102, plans to raise Rs 4,655 crore which comprises of fresh issue of 42.16 to 43 crore units and an offer for sale of Rs 3.48 crore units at the upper price band.
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Viability Gap Funding To Support Infra Projects Worth Rs 2,750 Crore In FY18
VGF is a one-time grant provided by the public sector for financial support to PPPs in infrastructure, with the objective of making a project commercially viable.
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SBI To Raise Rs 5,000 Crore In FY17 For infra, Affordable Housing
The bank was accorded approval from the Executive Committee of its Central Board at a meeting held on Thursday.
-
Budget For Home Ministry: Huge Raise In Funds For Security, Border Infra
Finance Minister Nirmala Sitharaman has taken a balanced approach in allocating funds to run policies, services, and activities under the Home Ministry in interim Budget 2024. For example, security related expenses have seen a hike of 22 per cent.
-
Budget 2022: CII For Additional 1% CSR Levy To Provide Covid Booster Shots
CII also called upon state governments to lift the pandemic-induced restrictions on economic activity
-
Crypto.com User Accounts Breached by Hackers, ETH Worth $15 Million Stolen From Exchange
Crypto.com was breached by hackers, leading to major loss of funds stored in Ether. While an investigation has been initiated in the case, CEO Kris Marszalek claims to have hardened its security infrastructure following the hack attack. Details on the type of hack remains unknown.
-
Budget 2021: Reforms Required To Boost Commercial Real Estate Investments
Budget 2021-22: The Union budget should allocate more funds towards IT infra spends involving digitization of land records in urban areas
-
Stocks To Watch: State Bank of India, L&T, IRB Infra, Muthoot Finance
List of Stocks in Focus Today: State Bank of India shares are likely to be in the limelight after India's largest bank said that it raised Rs 2,500 crore from bonds to fund business growth.
-
Rs 8,100 Crore Financial Assistance For Infra Viability Gap Funding Gets Nod
An official release said revamped Viability Gap Funding Scheme mainly relates to two sub-schemes for mainstreaming private participation in social infrastructure:
-
Rajiv Gandhi University In Arunachal Pradesh Tie Up With Funding Agency For Infra Development
The construction of the Rajiv Gandhi University faculty building for Electronics and Communication Department, residential quarters for staffers and hostels for students among others will be taken up under the programme.
-
India Announces $ 500 Million Assistance For Mega Infra Project In Maldives
India will fund the implementation of a major connectivity project in Maldives through a USD 400 million line of credit and USD 100 million grant, External Affairs Minister S Jaishankar said on Thursday after holding wide-ranging talks with his Maldivian counterpart Abdulla Shahid.
-
Nirmala Sitharaman Announces Rs 1 Lakh-Crore Farm Infra Fund In Third Set Of Measures: Highlights
Finance Minister Nirmala Sitharaman announced the creation of a Rs 1 lakh-crore fund immediately for strengthening farm gate infrastructure to support farmers.
-
Banks Not Funding Infra Projects Worth 2 Lakh Crore: Nitin Gadkari
Union Road Transport and Highway Minister Nitin Gadkari on Saturday lashed out at banks saying they are not making financial closures for infrastructure projects worth Rs 2 lakh crore despite a "golden opportunity" and blamed the Reserve Bank for creating "more complications".
-
IRB InvIT, India's First Infra Trust Shares Make Market Debut, Gains 3%
The initial public offer (IPO) of IRB InvIT Fund was subscribed 8.6 times. The segment reserved for institutional category saw 10.8 times subscription, while the segment reserved for non-institutional investors was subscribed 5.9 times.
-
IRB InvIT Fund, India's First Infra Trust IPO Subscribed 8.6 Times
IRB InvIT will own, operate and maintain a portfolio of six toll-road assets in the states of Maharashtra, Gujarat, Rajasthan, Karnataka and Tamil Nadu.
-
IRB InvIT Fund IPO, India's First Infra Trust, Open Now: Should You Invest?
The IRB InvIT Fund IPO priced between Rs 100-Rs 102, plans to raise Rs 4,655 crore which comprises of fresh issue of 42.16 to 43 crore units and an offer for sale of Rs 3.48 crore units at the upper price band.
-
Viability Gap Funding To Support Infra Projects Worth Rs 2,750 Crore In FY18
VGF is a one-time grant provided by the public sector for financial support to PPPs in infrastructure, with the objective of making a project commercially viable.
-
SBI To Raise Rs 5,000 Crore In FY17 For infra, Affordable Housing
The bank was accorded approval from the Executive Committee of its Central Board at a meeting held on Thursday.
