Page 2 - Niif

Govt infuses Rs 6,000 cr in NIIF debt platform to increase infra funding

NIIF AIFL (AA rating) and IFL (AAA rating) will raise Rs 95,000 crore debt from market, including project bonds

NIIF enters road and highway sector with acquisition of two Essel projects

The deal, done through NIIF Master Fund, is pegged at Rs 1,500-1,800 crore though the firms did not divulge the figure

Top headlines: HDFC Q2 profit tanks 28%, factory output hits decade high

From NIIF foraying into road and highway sector to HDFC Q2 profit declining, Business Standard brings you top news of the evening

Australia's largest investment funds plan entry into India, meet NIIF

These funds collectively manage assets worth Rs 38 trillion, see scope in India despite Covid

A tale of jittery bankers, a stalled deal and GVK's Adani embrace

August-end loan deadline brought GVK to negotiating table

PSP, ADIA and NIIF breached airport agreement, says GVK group

The move led arbitral tribunal to vacate the order of injunction that had restrained Bidvest and ACSA from selling their shares to any third party, firm says in response to legal notice

Battle for MIAL: Foreign investors serve legal notice on GVK group

Call Mumbai airport stake sale to Adani a breach of agreement

NIIF, DP World joint venture to invest Rs 1,000 cr in Mumbai's NSBP FTZ

NSBP, a special purpose vehicle, is a co-developer for the Jawaharlal Nehru Port Trust (JNPT) SEZ

NTPC joins hands with NIIF for investing in RE, power distribution

Plans to build 30 Gw of its overall generation capacity from renewable energy by 2032. It currently has installed capacity of 62 Gw, with 80% thermal power

Asian Development Bank to invest $100 million in NIIF's fund of funds

With ADB's investment into the NIIF platform, the FoF has now secured $700 million in commitments

Adani Electricity Mumbai's 25% stake sale to QIA subsidiary gets CCI nod

Besides, the fair trade regulator also approved acquisition of GVK Airport Holdings Ltd by Green Rock B 2014 Ltd, the National Investment and Infrastructure Fund (NIIF) and Indo-Infra Inc.

Canada's CPPIB to invest up to $600 million in Indian infrastructure fund

The deal includes a commitment of $150 million in NIIF's Master Fund and co-investment rights of up to $450 million in future opportunities to invest alongside the Master Fund

NIIF Infrastructure Finance set for a tax dispute with I-T department

The company is seeking an exemption since 2015, while the I-T department has notified the fund only from April 1 this year

EESL, NIIF form joint venture to deploy smart meters across India

The new joint venture, named IntelliSmart Infrastructure will implement, finance and operate the smart meter roll-out program of power distribution companies

NHAI pause on contracts likely to hurt construction firms' revenue

Gadkari said NHAI was in a comfortable position and it would go ahead with its fund-raising plans

AustralianSuper, Ontario Teachers' invest up to $1 bn each in NIIF fund

AustralianSuper and Ontario Teachers' will also become shareholders in National Investment and Infrastructure Fund Limited, NIIF's investment management company

AustralianSuper, Ontario Teachers to invest $1 bn each in India's NIIF fund

The two fund managers committed $250 million each in the Master Fund and co-investment rights of up to $750 million each in future opportunities alongside the NIIF Fund.

NIIF eyes $1 bn more from overseas investors in fresh fundraising round

The fund already has commitments from two sovereign wealth funds-- Abu Dhabi Investment Authority and Singaporean Temasek

NHAI in talks with NIIF to fund proposed Amritsar to Jamnagar highway

The proposed Delhi-Mumbai expressway would also be connected to the industrial city of Indore and an arm of the erstwhile Golden Quadrilateral

NIIF set to make national highway debut with Rs 15,000-crore investment

This equity investment would be leveraged to raise close to Rs 50,000-crore debt