March 2018
EDITOR Devangshu Datta

March 2018

Mining is the backbone for multiple manufacturing sectors and it is also the source of various metals, limestone and coal and other minerals. India is fortunate in that it has an abundance of many key […]

ADB signs loan agreement with GoI for BUDIP II

March 2018

The Asian Development Bank (ADB) has signed a loan agreement worth Rs 5,436.94 million ($84 million) with the central government for the Bihar Urban Development Investment Program (BUDIP) II. BUDIP II was approved by ADB […]

HG Infra Engineering IPO subscribed five times

March 2018

Infrastructure developer HG Infra Engineering Limited’s initial public offering (IPO) was subscribed by almost five times on the final day, with support from institutions and retail investors and last-minute bids by wealthy investors. The IPO […]

Reliance Power seeks nod to raise Rs 20 billion

March 2018

Reliance Power has sought the approval of its shareholders to raise up to Rs 20 billion by issuing securities or shares through qualified institutional placement. The funds raised will be utilised for reducing the debt […]

IDFC Alternatives’ infra fund exits JM Baxi unit

March 2018

IDFC Alternatives’ first infrastructure fund has exited its investment in a unit of logistics company JM Baxi Group by selling its holding to promoters. IDFC Alternatives’ India Infrastructure Fund had invested about Rs 2.2 billion […]

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