Page 3 - Infrastructure Sector

Best of BS Opinion: Signposts from China, consumer sentiments, and more

Here's a selection of Business Standard opinion pieces for the day

PE/VC investments drop by 35% in January to $1.6 bn: EY-IVCA data

January 2021 recorded three large deals worth $680 mn compared to five large deals worth $1.4 bn in January 2019 and 12 large deals worth $6 bn in December 2020

Dilip Buildcon's profit-after-tax falls by 13% to Rs 111 crore

Infrastructure major Dilip Buildcon said on Friday its profit after tax for the quarter ended December 2020 was lower by 12.7 per cent

Jaypee Infratech posts net loss of Rs 472.36 cr in December quarter

Jaypee Infratech on Thursday reported a consolidated net loss of Rs 472.36 crore for the quarter ended in December

Budget 2021: Massive spending commitment for infra; new DFI on the cards

Institution to have Rs 20,000-cr initial capital; Rs 5-trn lending portfolio target in 3 yrs

PE/VC investments in 2020 at par with 2019 at $47.6 billion, says EY-IVCA

Investments in Reliance Group entities worth S$17.3 billion accounted for 36% of all PE/VC investments in 2020

Budget 2021: Protectionist ways not enough, need infra push, say experts

Say India needs to bring down import duties over time

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

The Budget will be presented in the backdrop of a revival of the economy and expectations of good corporate earnings in the December quarter

Budget 2021: Protectionist ways not enough, need infra push, say experts

Say India needs to bring down import duties over time

Why infra projects need surety bonds

According to a report by Aon, the financial services firm, the global contract surety market was worth $6.5 billion in terms of premiums in 2018

Eight core industries' output contracts 2.6% in November

The output of eight core infrastructure sectors dropped by 2.6 per cent in November, mainly due to decline in production of natural gas, refinery products, steel and cement

Govt may allow EPFO to invest in cash-starved infra sector through AIFs

At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds (of around Rs 1.5 trillion) in debt-related instruments

Ind-Ra maintains negative outlook on transport, energy infra for H2 of FY21

It said toll collections rebound was strong at around 90 per cent of pre-Covid-19 levels in the first 15 days of September 2020, exceeding Ind-Ra's April 2020 expectations

PE investments worth $1.9 bn in August, dipping 53% from July deals

Month has been better than the sub $1 billion monthly run rate seen in the early months of the coronavirus pandemic

Six out of top 10 infrastructure companies struggling to stay afloat

These companies have lost 70 per cent of their market capitalisation in the past six years and four of them are down 90 per cent or more during the period

Use of galvanised steel set to rise in large-scale infra development: HZL

"As India is on its way to large-scale infrastructure expansions, use of galvanised steel in construction is set to rise," Hindustan Zinc CEO Arun Mishra said

GMR Infra posts loss of Rs 834 cr in Q1, income dips to Rs 1,224 cr

Revenues from the Airports segment stood at Rs 494 crore in the first quarter against Rs 1460 crore in the April-June quarter of FY20

FM seeks investment from UAE for Rs 111 trn National Infra Pipeline

During the meeting, both the leaders agreed to cooperate on areas like financial technology

FM launches NIP online dashboard for info on infra projects across India

In the Budget speech of 2019-2020, Sitharaman had announced an outlay of Rs 100 trillion for infrastructure projects over the next 5 years

Cabinet may take up proposal for Credit Guarantee Enhancement Corp soon

The Union Cabinet is expected to take up soon a proposal for setting up Credit Guarantee Enhancement Corporation to widen sources of capital for infrastructure financing, sources said.