Bank finance to infra sector surges to 13.4%: Report

Last Updated: Sunday, October 27, 2013, 13:24

Amidst growing concern of lenders' asset liability mismatch, an HDFC Bank report says the share of bank funding to the infrastructure sector soared to 13.4 percent in FY'13 from a meagre 1.6 percent of the total credit thirteen years ago.

Govt to finalise plans for infra trust fund in a month

Last Updated: Sunday, October 20, 2013, 15:05

The Finance Ministry is likely to put in place within within a month the modalities for a new structure, Infrastructure Trust Fund, to accelerate the flow of long-term funds into various projects in areas such as power, roads and ports.

IIFCL to raise up to Rs 2,500 cr from tax free bonds

Last Updated: Friday, October 11, 2013, 18:03

The company had received bids aggregating to Rs 714.37 crore towards the first tranche of bond issue till yesterday, he added.

Economy to see turnaround in coming quarters: Montek

Last Updated: Wednesday, October 9, 2013, 15:39

India's GDP will see a turnaround in the coming quarters on account of various steps taken by the government to spur growth as well as good agricultural production, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Wednesday.

India to be top infrastructure goods importer by 2020: HSBC

Last Updated: Tuesday, October 8, 2013, 12:21

India will topple the United States as the world's biggest importer of infrastructure goods by 2020 and is expected to hold this position till 2030, a report by HSBC said.

Steps on the anvil to promote infrastructure funding: Mayaram

Last Updated: Monday, September 23, 2013, 15:23

Mayaram said it was important to engage overseas pension funds and sovereign wealth funds and that once they come Indian investors would also follow suit.

Govt working on Infrastructure Trust Fund: Mayaram

Last Updated: Friday, September 20, 2013, 13:29

With a view to accelarte flow of long-term funds in infrastructure projects, the finance ministry is looking to put in place a new structure called Infrastructure Trust Fund, much in line with Real Estate Investment Trust (REIT), a top official said on Friday.

CCI reviews progress on infrastructure projects

Last Updated: Tuesday, September 17, 2013, 21:06

The Cabinet Committee on Investment Tuesday reviewed the progress on infrastructure projects worth about Rs 1.6 lakh crore and discussed ways to overcome hurdles that are delaying them.

GMR group to sell 74% stake in expressway to IIF

Last Updated: Tuesday, September 17, 2013, 15:39

Diversified group GMR on Tuesday said it has decided to sell 74 percent share in GMR Ulundurpet Expressways Private Limited to India Infrastructure Fund of IDFC for Rs 222 crore.

CCI to consider 7 projects worth about Rs 1.6 lakh cr on Sept 17

Last Updated: Sunday, September 15, 2013, 14:01

Seeking to push investment and growth, the Cabinet Committee on Investment (CCI) headed by the Prime Minister is likely to consider seven stalled mega infrastructure projects, envisaging investment of around Rs 1.6 lakh crore, on September 17.

Infra most problematic factor for doing business in India: WEF

Last Updated: Wednesday, September 4, 2013, 15:42

Infrastructure has been looked upon as the single biggest hindrance for doing business in India followed by corruption and cumbersome bureaucracy, a World Economic Forum report said on Wednesday.

Core sector growth at 4-month high of 3.1% in July

Last Updated: Monday, September 2, 2013, 17:49

Reflecting a moderate growth, the eight core infrastructure industries grew by 3.1 percent in July, the highest in the last four months, a development which experts say cannot be dubbed as a turnaround.