The Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved a $356.67 million loan for the expansion of the Chennai metro rail system, taking the bank's financing for various projects in India to $6.7 billion, and making India its largest beneficiary. India is the second-largest shareholder in AIIB after China.

London-based BP has made its first direct investment in India, putting $13 million (about Rs. 97 crore) into integrated EV ride-hailing and charging company BluSmart. The investment arm of BP Ventures led a $25-million Series A funding that also saw support from Mayfield India Fund, 9Unicorns and Survam Partners, alongside existing investors.

The Nepal Electricity Authority and Power Grid Corporation of India have signed an agreement to develop the 400KV Butwal-Gorakhpur Cross-Border Transmission Line on the Indian side through joint investment.

The company has inaugurated projects worth Rs 237 crore, including Rs. 124 crore for 107 new school buildings for the next stage of the ‘100 days programme’ for government schools in Kerala.

The Mehsana-Bathinda natural gas pipeline project passing through Rajasthan is set to create new investment opportunities in the state and make existing industries competitive. The work has been initiated for developing new industrial areas to promote sector-specific clusters near the gas pipeline route.

The Cabinet Committee of Economic Affairs has approved a foreign direct investment proposal worth Rs. 15,000 crore by Anchorage Infrastructure Investment Holding Ltd, the investment vehicle of Fairfax India for airports and other infrastructure. Fairfax is the majority owner and controller of Bangalore International Airport Ltd with a 54 per cent stake.

Barclays Plc plans to pump more than $400 million into its India arm to tap rising corporate and investment banking activity. This is the British lender’s largest capital infusion in the Indian business in 30 years, coming after it pulled out of the country’s retail business in 2011 and equity investment business in 2016.

National Investment and Infrastructure Fund is in advanced negotiations with Larsen and Toubro to invest up to Rs. 4,000 crore in Hyderabad Metro. The loss-making venture, L&T’s single-biggest investment in a project, has been hit by cost and time overruns and loss of traffic made worse by the pandemic.

The new National Automobile Scrappage Policy would attract investments worth Rs. 10,000 crore, Prime Minister Narendra Modi said at an investors' summit held virtually by the Gujarat government, that was held in Gandhinagar, adding that the government aims to remove unfit and polluting vehicles in a scientific manner through the policy.