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Search Keyword: Finance

  Feb 20, 2023

IIFCL approved Rs 6,630 crore loan for development of airports

The India Infrastructure Finance Company (IIFCL) has approved a loan of Rs 6,630 crore for the development of six major airports. In addition, IIFCL has given preliminary approval of Rs 638 crore for the development of a greenfield airport in Andhra Pradesh.

  Dec 20, 2022

BlueOrchard invests Rs 87 crore in Gurugram

BlueOrchard has invested Rs 87 crore in Micro, Small and Medium Enterprises (MSMEs) lender, Aye Finance, in a debt round of funding. The funds will be used in rolling out several affordable and customisable credit solutions to the small business sector and empower them.

  Dec 20, 2022

Punjab seeks Rs 2,500 crore industrial package to develop border districts

HarpalCheema, Punjab Finance Minister, sought a border-area special industrial package of Rs 2,500 crore for the development of the state’s border districts, besides the resolution of the Cash Credit Limit issue in line with recommendations of the 15th Finance Commission sub-committee.

  Sep 05, 2022

Kochi Metro invites EOI for bliss city

Kochi Metro Rail (KMRL) has invited expression of interest (EoI) for the project to come up in Kakkanad. KMRL is planning to implement the project through public private partnership (PPP) basis on Design Build Finance Operate and Transfer (DBFOT) model.

  Aug 05, 2022

Shapoorji to invest Rs 700 crore in land acquisition

Joyville Shapoorji Housing will invest Rs 700 crore in land acquisition even as its promoters explore options for the next round of funds.

  Jul 20, 2022

AU Small to invest over Rs 500 crore for IT

AU Small Finance Bank expects to invest over Rs 500- 700 crore to scale up its digital banking and information technology over the next three-five years, taking the total tech spending to over Rs 1,000 crore.

  Jun 05, 2022

Nisus Finance invests in society self-redevelopment project

In the first ever institutional investment in a self-redevelopment project undertaken by a housing society, Nisus Finance & Investment Managers LLP, an alternatives investment manager has invested in a project in Mumbai’s Ghatkopar suburb.

  Apr 20, 2022

Tamil Nadu to develop Industrial Parks

To promote development in Tamil Nadu, new industrial parks would be built in tier II and III cities and surrounding areas. According to the finance ministry, these industrial parks will be built to attract investments worth Rs 50,000 crore in order to revitalise the state's economy

  Feb 20, 2022

KTR seeks Rs 897 crore for Telangana textile industry

The Industries Minister urged the Finance Minister and the Textiles Minister to support various works taken up in handloom and textile sector in the state.

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