Dilip Buildcon Limited’s IPO was oversubscribed by 20 times. Reportedly, the public issue received bids for 443.74 million shares as against the 21.3 million on offer at the close of the issue. The company had […]
The State Bank of India (SBI) may partner with the Life Insurance Corporation of India (LIC) and India Infrastructure Finance Company Limited (IIFCL) to set up a credit enhancement fund that will provide guarantees to […]
Telenor India has launched its 4G services in Guntur and Rajahmundry in Andhra Pradesh. The launch follows the successful test pilot of Telenor’s 4G services across several cities in its six circles – Varanasi, Visakhapatnam, […]
The airline also plans to add two E190 aircraft to its current fleet of four by February 2016 and to commence pan-Indian operations from the summer of 2016. […]
Lucknow and Amritsar airports achieved CAT II operations compliance on December 17, 2015. This will enable low visibility take-off with a runway visual range (RVR) of 125 metres and landing with RVR capability of 300 […]
The MoCA has launched e-boarding facility at the Rajiv Gandhi International Airport (RGIA), Hyderabad, for all domestic passengers. Passengers flying from the RGIA may use a mobile e-boarding card and Aadhar card number for entry […]
The MoCA has granted clearance for the development of four greenfield airports – Dholera International Airport, Bhogapuram International Airport, Orvakal (Kurnool) airport and Dagadarthi (Nellore) airport. Dholera airport has been granted in-principle approval while site […]
The MoCA has granted in-principle approval for the request for proposal (RfP) document for the Rs 150 billion Navi Mumbai International Airport project. The RfP will be issued to four shortlisted bidders (the GMR Group, […]
The cabinet has granted ex-post facto approval for the MoU signed between the Airports Authority of India (AAI) and the Singapore Cooperation Enterprise for operating and managing the terminal buildings of Jaipur and Ahmedabad airports. […]
IRB Infrastructure Private Limited has filed a draft red herring prospectus with SEBI to raise Rs 43 billion through an initial public offering (IPO) of its infrastructure investment trust’s (InvIT) units. IRB Infrastructure Private Limited […]
Powergrid Corporation of India Limited plans to raise up to Rs 40 billion through domestic bonds by September 2016. The funds will be utilised to meet the company’s working capital expenditure. This would be the […]
NTPC Limited has raised Rs 8 billion by issuing secured NCDs on a private placement basis. The securities offer a coupon rate of 7.58 per cent per annum with a door-to-door maturity of 10 years. […]
Srei Infrastructure Finance Limited (SIFL) has filed the draft shelf prospectus with the markets watchdog the Securities and Exchange Board of India (SEBI), the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for […]
CLP India Private Limited has raised Rs 2.2 billion through the issue of asset-specific non-convertible debentures (NCDs) for the 1,320 MW coal-based Jhajjar power plant in Haryana. The company will utilise the proceeds to refinance […]
Delhi International Airport Limited (DIAL) is considering refinancing debt of about Rs 30 billion by raising money through masala bonds or dollar-denominated paper. DIAL has a total project debt of Rs 45.23 billion. In January […]
The Bihar government has privately placed securities to the tune of Rs 7.77 billion under the Ujwal Discom Assurance Yojana (UDAY). RBI had invited bids from eligible participants for subscribing to the securities on September […]
The Jawaharlal Nehru Port Trust (JNPT) has signed an agreement with the State Bank of India (SBI) and the Development Bank of Singapore (DBS) for raising external commercial borrowing (ECB) worth $400 million. Of the […]
The Telangana Drinking Water Supply Project (Mission Bhagiratha) has received approval for raising a loan worth Rs 67.5 billion from a consortium of eight Indian banks. Led by Andhra Bank, the consortium comprises Dena Bank, […]
The Ghaziabad Development Authority (GDA) has received an installment of Rs 2.1 billion from the National Capital Region Planning Board (NCRPB) for its Hindon elevated road project. In January 2016, the NCRPB had announced that […]
The Bangalore Water Supply and Sewerage Board (BWSSB) in Karnataka has sought a grant worth Rs 18.86 billion from the state government to implement water supply and underground drainage (UGD) works in the newly added […]
COPYRIGHT © 2016 | INDIAN INFRASTRUCTURE
Error: Contact form not found.