Finance
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Karnataka Bank sets Rs 6,800 crore agri-credit target this financial year
Karnataka Bank has targeted Rs 6,800 crore of farm credit constituting 18.09 per cent of ANBC (Adjusted Net Bank Credit)…
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World Bank, ADB gear up for funding smart city projects in India
Global financial institutions are believed to be earmarking huge amounts of money for smart city initiatives in India. According to…
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20 selected cities told to pitch for WB, ADB, BRICS Bank support
The Ministry of Urban Development has asked the first 20 cities, selected under smart city mission, to “quickly firm up”…
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Fund paucity affects Karnataka’s smart city plan
The smart city wave in India has reaped in good results for some cities, while some have yet to see…
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India woos BRICS nations to invest in country
Assuring BRICS (Brazil, Russia, India, China and South Africa) partners of weeding out structural hindrances, India has urged the former…
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Govt may scrap lock-in period for foreign investors in real estate
Good news is in the offing for overseas investors, as the government is considering scrapping of the three-year lock-in period…
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KKR to invest USD 164.2 million in GMR
The leading global investment firm Kohlberg Kravis Roberts or KKR has announced that it has signed a term sheet to…
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100% FDI in railways to push infrastructure revamp
Following the Union Cabinet’s approval to proposal for 100 percent foreign direct investment (FDI) in the Indian Railways, the stage…
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L&T Infra Finance plans to raise $1bn through PE route
As India gears up to strengthen its infrastructure under the Narendra Modi-led NDA Government, L&T Infrastructure Finance plans to raise…
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US $1,295mn foreign equity in urban projects in a year
Urban Development Minister M Venkaiah Naidu has said that Foreign Direct Investment of US $1,295.05 mn (Rs.7,924.85 cr) as equity…
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