Mumbai (Maharashtra) [India], July 7 (ANI): L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million dollars external commercial borrowing loan from Asian Infrastructure Investment Bank (AIIB), a multilateral developme
New Delhi [India], July 2 (ANI): The National Highway Authority of India (NHAI) will set up an Infrastructure Investment Trust (InvIT) to facilitate investment in the highway sector.
New Delhi [India], June 19 (ANI): The Ministry of Finance on Friday announced that the Government of India and multilateral financial institution Asian Infrastructure Investment bank (AIIB) signed an agreement for USD 750 million COVID-19 assistance to India.
Beijing [China], June 17 (ANI): The Asian Infrastructure Investment Bank (AIIB) has approved a 750 million dollar (about Rs 5,688 crore) loan to India to assist the government to strengthen its response to the adverse impacts of the COVID-19 pandemic on millions of poor and vulnerable househ
New Delhi [India], May 15 (ANI): The Government of India, the Government of West Bengal and the Asian Infrastructure Investment Bank (AIIB) today signed a loan agreement for a US$145 million project to improve irrigation services and flood management in the Damodar Valley Command Area (DVCA)
Mumbai, (Maharashtra) [India], Apr 29 (ANI): IndiGrid, India's first power sector infrastructure investment trust (InvIT), said on Wednesday that India Ratings and Research (Ind-Ra) has assigned AAA rating to its market-linked debentures (MLDs) with a stable outlook.
Mumbai, (Maharashtra) [India], Mar 25 (ANI): IndiGrid, India's first power sector infrastructure investment trust (InvIT), has announced the acquisition of another transmission asset, East North Interconnection Company Ltd, from Sterlite Power at a value of Rs 1,020 crore.
Mumbai (Maharashtra) [India], Mar 23 (ANI): Capital market regulator Securities and Exchange Board of India (SEBI) on Monday approved temporarily relaxation in compliance requirements for real estate investment trusts (REITs) and infrastructure investment trusts (InvITs).
Mumbai (Maharashtra) [India], Feb 12 (ANI): The National Real Estate Development Council (NAREDCO) has urged the Centre to withdraw tax on the dividend received by unitholders of infrastructure investment trusts (InvITs) and real estate investment trusts (REITs).
Mumbai (Maharashtra) [India], Feb 7 (ANI): Finance and Corporate Affairs Minister Nirmala Sitharaman on Friday said that the Central government is clear about its commitment towards infrastructure investment.
Amaravati (Andhra Pradesh) [India], Feb 6 (ANI): The Asian Infrastructure Investment Bank (AIIB) said it is ready to provide a loan of USD 3 billion to the Andhra Pradesh Government for taking up development projects in the state, in a meeting of its representatives with Chief Minister YS Ja
New Delhi [India], Jan 31 (ANI): India needs to invest more than 1.4 trillion dollars (Rs 100 lakh) crore in infrastructure to achieve the goal of becoming a five trillion dollar economy by 2024-25, according to the Economic Survey 2019-20 tabled in Parliament on Friday.