Loans amounting to Rs 15,626 cr have been sanctioned under Agriculture Infrastructure Fund to create 21,380 infrastructure units
High cost of capital, change in policy key risks for these funds
Two entities of Adani Enterprises Ltd -- Adani Road GRICL Limited (ARGL) and Adani Road Stpl Ltd (ARSL) - will together raise upto Rs 800 crore through non-convertible debentures (NCDs)
BlackRock Inc said it has raised a target-beating $673 million for an infrastructure fund with backing from the French, German and Japanese governments
Let managers of diversified equity funds decide exposure, avoid direct investment
KKR raises $3.9 billion for its first Asia-Pacific infrastructure fund
AIIB also approved loans to support transport and power projects in Georgia and Tajikistan
After much delay in the formation of the National Investment and Infrastructure Fund, a beginning is set to be made with India holding last-mile discussions with the United Arab Emirates (UAE) and Qatar. Some half a dozen road projects are likely to be put on offer to the NIIF in the first lot.The UAE, through its sovereign fund, the Abu Dhabi Investment Authority (ADIA), will invest in the NIIF. "Talks with the UAE are nearing finalisation. A team from the NIIF had recently visited Abu Dhabi. After the UAE, Qatar is likely to subscribe to the fund," said a senior government official.The setting up of the NIIF was delayed because the ADIA had insisted on a non-government company structure for it. Since now the NIIF is in place with Sujoy Bose, former director and global co-head, infrastructure and natural resources, International Finance Corporation, as its chief executive officer, the formal subscription to the fund is expected to happen soon.The ministry of road transport has ...