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Construction & Infrastructure News

Centre plans dedicated fund for infra finance

December 2016

The Union Government is planning to set up a dedicated fund of Rs 10,000 crore for financing infrastructure projects in the country. The fund — throu...

Finance, Infrastructure fund, SPV, NBFC-Infrastructure Finance Company

Piramal Fund Management crosses Rs 10,000 crore in consolidated investments

December 2016

Piramal Fund Management (PFM) has surpassed Rs 10,000 crore in aggregate investments from the proprietary book of Piramal Enterprises in South India....

Piramal Fund Management, CAGR, PFM, Real Estate Sector, Bijay Agarwal, Salarpuria Sattva Group, Sushil Mantri Khushru Jijina, Mantri Developers, LRD, Piramal Preferred Partner program

Piramal Fund Management invests Rs 700 crore in two commercial projects in Mumbai

December 2016

Piramal Fund Management (PFM) has deployed Rs 700 crore collectively against two commercial properties – Reliable Tech Park and Empire Towers – in su...

Piramal Fund Management, Commercial properties, Reliable Tech Park, Khusru Jijina

Cost overrun of Rs 1.77 trillion due to 273 infra projects

December 2016

As many as 273 infrastructure projects, which include those delayed due to land acquisition, forest clearances and other reasons, have led to a cost ...

Infra Projects, Land Acquisition, Equipment Erection, Geo Mining, ROU, Fund Constraints, Statistics, Programme Implementation, Power, Railways, Roads

Railways seek Rs.1.19 lakh cr for safety works

December 2016

As the separate Rail Budget is being merged with the General Budget, the Indian Railways has urged the Finance Ministry to allocate Rs 119,183 crore ...

Rail Budget, Finance Ministry, Rashtriya Rail Sanrakshan Kosh, National Rail Conservation Fund, Track improvement, Bridge rehabilitation, Safety works

We tend to deploy anywhere between Rs.1,000 crore and Rs.1,500 crore every month

December 2016

This is the need of the hour. We firmly believe each transaction is unique and each funding structure must be customised to either solve or suit the ...

Khushru Jijina, Piramal Fund Management, Real-estate sector, LAP, LRD

Low cost, zero maintenance infra to service sporting talent across India

December 2016

India can follow to help the country reach its true sporting potential. India has failed to claim enough medals every four years at the Olympic Games...

GSI, Anil Kumar, Great Sports Infra, Olympic Games, PSU, Infrastructure, Equipment, CSR funds, CWG, Infrastructure, Construction, PE services

Foreign funds allowed to bid for Toll-Operate-Transfer projects

December 2016

The Centre has approved the monetisation of public funded, operational National Highway projects that are generating toll revenue for at least two ye...

Monetisation, Toll-Operate-Transfer Model, National Highway projects, National Highways Authority of India, Consolidated Fund of India, ToT model projects
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