Page 4 - Invits

Recovery in toll collections, order flows driving IRB Infra's prospects

Construction segment too may pick up in second half, but high debt still a concern

Sebi issues guidelines for rights issue by unlisted InvITs to raise funds

Markets regulator Sebi on Wednesday allowed unlisted Infrastructure Investment Trusts (InvITs) to raise funds through rights issue of their units

IFSCA prescribes regulatory framework for REITs and InvITs in IFSC

The International Financial Services Centres Authority (IFSCA) prescribed the regulatory framework for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in IFSC

InvITs to acquire over Rs 4 trillion of infra assets in five years: Icra

At present, there are six InvITs which have raised over Rs 27,600 crore from investors, while a seventh entity is in advanced stage of raising Rs 25,200 crore, Icra said

REITs, InvITs can hold unitholders meeting via video till Dec 31: Sebi

Markets regulator Sebi on Thursday extended the facility for conducting extraordinary meetings of unitholders of REITs and InvITs through video conferencing and other audio-visual means till Dec 31

India Inc seeks to pare debt via InvITs as foreigners are keen to invest

High interest rates, low-risk model key attractions for overseas investors

Reliance Jio's fibre arm to raise Rs 14,700 cr through InvIT offer

Another Rs 25,000 cr to be raised by way of debt

IndiGrid unitholders approve KKR as InvIT sponsor with special majority

The PE firm, which earlier withdrew intent to become a sponsor in August, made a fresh application again this month

Sebi eases norms for REITs, InvITs to raise fund in institutional placement

The units allotted on a preferential basis using the pricing method set out by the regulator shall be locked-in for a period of three years, as per the circulars.

Sebi allows REITs and InvITs to list on bourses operating in IFSC

In a circular, Sebi said units of InvITs and REITs meeting certain conditions may be permitted to list on stock exchanges operating in the IFSC

PowerGrid's asset monetisation via InvITs gets Cabinet go-ahead

PGCIL will become the first PSU to issue InVIT, and the asset size will be Rs 7,000 crore

SBI MF to launch Children's Benefit Fund-Investment Plan on Sept 8

This is an open-end fund that will be part of SBI Magnum Children's Benefit Fund, which already has a savings plan, a predominantly debt-oriented offering

Covid-19 effect: Upcoming road projects may shift to PPP on weak govt funds

The company, which launched the country's first public infrastructure investment trust (InvIT) in 2017, launched its second Rs 4,400-crore private InvIT

Investment manager allowed to manage multiple InvITs, says Sebi

An investment manager is allowed to manage multiple emerging investment vehicles, or InvITs, securities market regulator Sebi has said

Low valuations, weak market appetite, liquidity woes hurt new InvITs

Rating agency ICRA had earlier in February estimated that Rs 2 trillion would likely be raised through the InvIT route over the next five years

First InvIT by govt entity set for launch; NHAI files application with Sebi

Senior officials told Business Standard the projects being offered under InvIT would mainly be ones constructed on government-funded or in engineering-procurement-construction mode

Top headlines: 1st invIT by govt entity set to open, SC on AGR dues, & more

From Clix Capital set to buy majority stake in Lakhsmi Vilas Bank, RBI proposing 10-yr term for bank promoter-CEOs, here are top headlines on Friday morning

NHAI asset sale plan to be delayed due to Covid-19 outbreak: CRISIL

Response from investors is expected to be lukewarm

Covid-19: NHAI's asset monetization to take a hit, InvITs face delays

NHAI invited bids for the fourth TOT contract in October 2019 and expected to raise over Rs 4,000 crore by offering a total of 7 road stretches, with a cumulative length of 400 km

Mutual funds investment in REITs, InvITs climbs 58% to Rs 980 cr in January

In comparison, an investment of mere Rs 7 crore was seen in REITs in January 2019 and Rs 611 crore in InvITs