Banking & Finance

With the total project portfolios of US$4.4 Billion, India has been the largest borrower of Asian Infrastructure Investment Bank (AIIB) lending since the time the Bank started its operations in January 2016, said Department of Economic Affairs Secretary Subhash Chandra...

Over the next 5 years, nearly 85 malls are expected to come up in India, and more than 30 new malls accounting for nearly 14 million sq. ft. area are expected to open just in the top eight cities by...

Japanese, South Korean and Chinese are among the investors keen on setting up marine product processing factories in the southern state of Kerala, Civil Aviation Minister Suresh Prabhu has assured.

India will benefit from the European Bank for Reconstruction and Development (EBRD) membership in the Central Asia and Eastern European regions, according to Subhash Chandra Garg, Secretary, Department of Economic Affairs.

The government has launched the Further Fund Offer (FFO) of Bharat 22 Exchange Traded Fund (ETF) of Centre owned Public Sector Enterprises (CPSEs), aiming to raise Rs.6,000 crore through a disinvestment policy.

Railway consultancy RITES Ltd's initial public offer was subscribed 66.75 times as the government expects to raise Rs.466 crore from the issue.

Options of finance and technologies for infrastructure development will be presented at a focum being held along with the Third AIIB Annual Meeting 2018 25-26 June 2018.

The government is committed to the strategic disinvestment of Air India, and a decision on the future course would be taken in the best interests of the national carrier.

Projects worth Rs.50,000 crore

TGR takes over investment platform The Rohatyn Group (TRG), a specialized asset management firm focused on emerging markets, has acquired the J.P. Morgan Asian Infrastructure & Related Resources Opportunity (AIRRO) platform from J.P. Morgan Asset Management. In addition to acquiring...