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Funding the infra-driven Vision 2047

The expanding infrastructure sector in India is attracting attention of global investors today.


Kateel: 22km of Sanur-Bikarnakatte Highway Widening Project Finished

The estimated cost for widening the stretch amounts to Rs 11.37 billion.


Funding for national highway projects in Karnataka announced

The state will go to polls in May this year


Airlines to avail up to Rs 15 bn loan under ECLGS

Assists airlines in dealing with cash flow issues.


Strategic disinvestment of Kamarajar Port begins

The Department of Investment and Public Asset Management of the Union Finance Ministry has commenced the process of strategic disinvestment of Kamarajar Port (KPL).


IIFCL to become sole lender to road developers

The Union Finance Ministry’s decision to permit India Infrastructure Finance Corporation (IIFCL) to become the sole lender even at a pre-bid stage has been welcomed by road developers. However, the road developers stated that the exact impact will come to known only after the finer details emerge...


NHAI tells govt to cancel stalled road projects amicably

The National Highways Authority of India (NHAI) has suggested the Union Highways Ministry to see that the road project contracts are cancelled amicably than wasting time in trying to revive the projects. And it also urged the Ministry to deal with the developers in a way that the project contracts a..


Finance Min tells RBI to tag road loans as secured

The Union Finance Ministry has urged the Reserve Bank of India to consider a change in its stance that treats loans to road projects as unsecured. If the RBI sheds its reluctance to treat highway sector lending as secured loans, credit flows to the fund-starved sector could grow by at least 20 per c..


Rs 1,920 cr sanctioned for Mumbai Trans-harbour link

The Union Finance Ministry has sanctioned viability gap funding of Rs 1,920 crore for the Mumbai trans-harbour link, the Mumbai Metropolitan Region Development Authority (MMRDA) has said. The project, estimated to cost Rs 9,630 crore, will be implemented on public-private partnership mode. The const..


FinMin for real estate, broking firms to start banks

The Union Finance Ministry has said that the Reserve Bank should allow real estate companies and broking firms to set up banks as adequate safeguards will be there to prevent exposure of promoters to related entities.


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