A consortium of lenders led by State Bank of India has invited bids to sell 51 per cent stake in Jindal India Thermal Power Ltd (JITPL) located in Odisha.
The government is examining the possibility of the Steel Authority of India Ltd., undertaking the operation and maintenance of Monnet Ispat & Energy Ltd.
Road Transport Minister Nitin Gadkari on Monday met top bankers in Mumbai to ease the bottlenecks plaguing highway contracts of worth Rs 20,000 crore.
Nitin Gadkari to meet top bank CEOs today, stalled infrastructure projects likely to be discussed: Report
Nitin Gadkari, Union Minister for Road Transport and Highways is all set to meet bank CEOs today According to BTVi, focus on issuing RFID tags
Overseas fund raising season kicked-off for the year with state-owned Bharat PetroleumBSE 0.36 % Corp mopping up funds at a cheaper rate and NTPCBSE 1.23 % planning similar bond sale within weeks.
entered into an agreement with SBI & DBS for loan of $400 Million
The funding by JNPT is the first of its kind for major port and it opens up one more avenue for major and government ports to raise funds by accessing international markets for their requirements.
India’s premier container port, Jawaharlal Nehru Port Trust in Navi Mumbai, has signed an agreement with State Bank of India and Development Bank of Singapore for External Commercial Borrowing (ECB) to the tune of $400 Million at a “very competitive” interest rate to improve the infrastructure required for “doubling” its existing capacity to 9.85 Million TEUs annually.
Coal India Ltd (CIL) has cleared the proposal of buyback of equity shares following a marathon board meeting on Monday.