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Infrastructure

SECTOR | 18 Dec 2024

Punjab & Sind Bank secures Rs 3,000 cr via 10 yr infra bond at 7.74%

Business Standard

IIFCL Rs 1,290 crore in two tranches with varying maturities

Infrastructure

SECTOR | 18 Dec 2024

Sri Lankan President Backs Adani Ports Deal, Confident About Group's Revenue

NDTV Profit

President Anura Kumara Dissanayake has also said Sri Lanka is not concerned about Adani Group's dealings with other countries.

Infrastructure

SECTOR | 17 Dec 2024

Six Stocks In News At Noon: Cipla To Shriram Finance Top Gainers And Losers

NDTV Profit

The market saw a mix of movements, with Cipla, ITC, and Adani Ports standing out as the top gainers.

Infrastructure

SECTOR | 15 Dec 2024, 08:01PM

Govt launches 'Jalvahak' scheme to boost cargo movement through waterways

Business Standard

The Union government on Sunday launched the 'Jalvahak' scheme to incentivise cargo movement via inland waterways, marking a major step towards promoting sustainable and cost-effective transportation across National Waterways 1 (Ganga), 2 (Brahmaputra), and 16 (Barak river). Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal flagged off three cargo ships and inaugurated the fixed scheduled service of vessels. He said the scheme aims to unlock the trade potential of inland waterways while reducing logistics costs and decongesting road and rail networks. Under the scheme, cargo owners transporting goods over distances exceeding 300 km via waterways will receive up to 35 per cent reimbursement on operating costs. The scheme will remain valid for three years and is designed to optimise supply chains for major shipping companies, freight forwarders, and trade bodies. The scheme is jointly implemented by the Inland Waterways Authority of India (IWAI) and Inland &...

Infrastructure

SECTOR | 14 Dec 2024, 11:45AM

Top 6 mutual funds exit 13 counters in Nov, including Jio Financial & Adani Ports

Economic Times

Largest domestic mutual fund houses by asset size.

Infrastructure

SECTOR | 13 Dec 2024

No problem with Adani funding Colombo Port project: Sri Lankan minister

Business Standard

The Sri Lankan government wants to see the deep-water container terminal project at the Colombo port go ahead and has no issue with the Adani-led conglomerate using its own resources to fund it, ports minister Bimal Rathnayaka has said. In an exchange filing late on Tuesday, Adani Ports and SEZ Ltd said the project "is on track for commissioning by early next year" and added that the company will fund the ongoing project through "internal accruals", aligning with its capital management strategy. It is a very important project for revenue generation for the port, we are keen to see it going ahead," Rathnayaka told reporters during a tour of the port on Thursday. He said the Adani group's decision to reject funding from the US International Development Finance Corporation (DFC) was its own and Sri Lanka had no issues with it. The DFC, in November last year, agreed to provide a USD 553 million loan to support the development, construction, and operation of a deep-water container termi