E-PaperIifc News
Cabinet allows ₹5,300 crore capital infusion in IIFCL via recap bonds in 2019-20
The Cabinet also approved for increasing the authorized capital of IIFCL from ₹6,000 crore to ₹25,000 croreIIFCL was set up in 2006 for providing long-term finance to viable infrastructure projects across various sectors
1 min read11 Dec 2019Jaypee Infratech: Kotak, L&T, NBCC submit EoI to take over
Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain had in October initiated a fresh initiative to revive Jaypee Infratech
2 min read20 Nov 2018Govt to appoint chiefs of Exim Bank, IFCI, Sidbi, IIFCL by mid-July
Interviews for the post of managing directors at Exim Bank, IFCI, Sidbi and IIFCL have concluded, names of shortlisted candidates to be sent to cabinet's appointments committee
1 min read27 Jun 2017Govt likely to appoint heads of Exim Bank, IFCI, Sidbi, IIFCL next month
The finance ministry has concluded interviews of 32 candidates for the post of managing directors of Exim Bank, IFCI, Sidbi and IIFCL
1 min read27 Jun 2017SBI, PNB may pick stake in Rs500-crore credit enhancement fund
Besides, the finance ministry has requested insurance regulator Irdai to provide an exemption to allow LIC to hold beyond 15% stake in the proposed venture
1 min read2 Oct 2016LIC-sponsored fund seeks relaxed norms
Proposed fund aimed at improving credit ratings of infraprojects urges RBI to relax capital adequacy ratio norms
2 min read26 Sep 2016Infra sector sponsors try bonds backed by credit enhancements
Firms such as Tata Realty raise funds via bonds after using credit enhancements to boost their credit ratings
4 min read11 Apr 2016Valuation mismatch stalls re-tendering of Gammon’s failed container terminal at Mumbai Port
SBI Capital Markets has worked out the base price at Rs549 crore while Gammon Infrastructure is asking for a base price of Rs1,271 crore
4 min read25 Jan 2016IIFCL plans to raise Rs2,000 crore from bonds this quarter
Besides, the infrastructure debt fund, promoted by IIFCL, is in the process of raising `1,000 crore from the second tranche to finance renewal energy projects
1 min read11 Jan 2016IIFCL to raise Rs1,000 crore from second tranche of infrastructure debt fund
The fund will be used to drive sustainable infrastructure projects such as renewable energy
1 min read6 Jan 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared