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Construction & Infrastructure News

Indiabulls Housing raises Rs 1,330 crore via masala bonds

September 2016

Indiabulls Housing Finance Ltd (IBHFL) has said that it has raised Rs 1,330 crore by issuing its first masala bonds to overseas investors....

Indiabulls Housing Finance Ltd, SGX, Gagan Banga

Budget merger may save Railways Rs 10,000 crore

September 2016

Cash-strapped Railways will save about Rs 10,000 crore annually as it will no longer have to pay dividend if the separate Rail Budget is scrapped, wh...

Railways, GBS, Finance Ministry, Rail Budget, Cabinet

Indiabulls to raise Rs 7,000 crore through NCDs

September 2016

Indiabulls Housing Finance will issue up to Rs 7,000 crore through a public issue of bonds, which will be of secured and unsecured redeemable non-con...

Indiabulls Housing Finance, NCD, CARE AAA, BWR AAA, Brickwork, HFC, Investment, Gagan Banga

Nifco to deploy Rs.140-150 cr in four realty projects

September 2016

Mumbai-based Nisus Finance Services (Nifco) is looking to deploy around Rs 140-150 crore in four investments...

Nisus Finance Services, Nifco, Residential Projects, StruBB, Realty Projects

Rs.1,911-cr highway projects to come up in six states

September 2016

The standing finance committee (SFC) has approved six road projects in Nagaland, Andhra Pradesh, Maharashtra, Karnataka, Uttarakhand and Arunachal Pr...

Standing Finance Committee, Road projects, Two-laning, Nagpur-Umred-Bramhapur-Armori stretch

INDIA´S BANKER

September 2016

Urjit Patel has been appointed Governor of the Reserve Bank of India (RBI). To take over Raghuram Rajan as the 24th governor, Patel´s appointment has...

Urjit Patel, Raghuram Rajan, Reserve Bank of India, Financial Sector Regulatory Appointments, FSRASC, Ministry of Finance, Boston Consulting Group

Anti-dumping duty imposed on HR steel products

September 2016

Government slapped anti-dumping duty on import of hot-rolled steel products from six nations to shield domestic manufacturers against cheaper inward ...

HR Steel Products, Ministry of Finance, Non-Alloy Steel, China, Japan, South Korea, Russia, Brazil, Indonesia

Srei Q1 net more than doubles

September 2016

Srei Infrastructure Finance Ltd´s consolidated net profit more than doubled to Rs 51.57 crore during the April-June quarter (Q1) compared to a net pr...

Srei Infrastructure Finance Ltd, Hemant Kanoria
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