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Construction & Infrastructure News

FinMin to infuse Rs.5,000 cr into PSBs

January 2016

The finance ministry will inject Rs.5,000 crore in public sector banks to boost their capital. ...

Finance Ministry, Vijaya Bank, Indian Bank, Syndicate Bank

Railways seeks FinMin help to meet Pay Commission ´burden´ of Rs.32,000 cr

January 2016

As the Railways stares at Rs.32,000-crore additional costs for implementing the Seventh Pay Commission recommendations, Railway Minister Suresh Prabh...

Railways, Suresh Prabhu, Finance Ministry

Motilal Oswal to invest in real estate funding

December 2015

Motilal Oswal is planning to diversify into new areas such as real estate funding. The company will use its new Rs 1,000 crore real estate fund to in...

Motilal Oswal, Real Estate Funding, Housing Segment, Affordable Housing Segment, Traditional, Brokerage, Management, Housing Finance

Government launches India Innovation Lab

December 2015

The Ministry of New and Renewable Energy has launched an initiative to identify and develop innovative finance initiatives...

New and Renewable Energy, ndia Innovation Lab, Green Finance

Srei BNP Paribas Q2 net rises

December 2015

Srei BNP Paribas recorded a 20.8 per cent increase in net profit at Rs 27.62 crore for the second quarter of this fiscal, compared to Rs 22.85 crore...

Srei BNP Paribas, Srei Equipment Finance Ltd, DK Vyas

Signing of MoU between IIFCL and PFS

December 2015

India Infrastructure Finance Company Ltd. (IIFCL) and PTC India Financial Services Ltd (PFS) signed a Memorandum of Understanding (MOU) at IIFCL New ...

India Infrastructure Finance Company Ltd., PTC India Financial Services Ltd, MOU, Infrastructure Projects, PFS, Comprehensive Framework

Banks to push solar panels

December 2015

The finance ministry has advised banks to ´encourage´ home loan or home improvement loan applicants to install rooftop solar photovoltaic systems and...

Finance Ministry, Encourage, Rooftop Solar Photovoltaic Systems, Equipment, Renewable Energy, Banks

IR eyes Rs.1.1-lakh cr for infra upgrade

December 2015

Indian Railways is working on a proposal to create a mega fund with a corpus of Rs.1,10,239 crore, to upgrade its creaking infrastructure....

Indian Railways, Creaking infrastructure, Finance Ministry
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