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Masala Bonds: Financial Tailwind For 175 GW Renewal Energy Project

To provide tail winds for anticipated renewal energy 175 GW installations by 2022, India is exploring the global mechanism to raise fund with various innovative tools to raise funds for renewal energy segment in India. The Masala bonds is one such ...

ISA is a Trillion dollar Opportunity- Renewal Energy

International Solar Alliance -the Trillion Dollar Opportunity- An event staged in New York organised by the Confederation of Indian Industry (CII) and Terrawatt Initiative (TWI) under the aegis of the International Solar Alliance. India also ...

Interest rates for NSSF loan reduced by 0.7% for FY 2016-17

The National Small Savings Fund (NSSF) invests its net collection as loan to Centre and State/UT Governments. The interest rate of NSSF loan to Centre and States for Financial Year 2015-16 was 9.5%. This ...

Over Rs. 71,200 crore Sanctioned for Renewable Energy Sector.

In order to provide growth momentum to the renewal energy sector in India, Governments has sanctioned over Rs. 71,200 Crore and over Rs. 29,500 crore has already been disbursed by various FI and NBFCs. The sanctioned loan funds through nominated ...

ATC Asia Pacific Pte. Ltd., Singapore to Acquire 51% Stake in M/s. Viom Networks Ltd.

AS proposed by M/s. ATC Asia Pacific Pte. Ltd. Singapore to acquire major take in M/s. Viom Networks Ltd. has been approved by the Prime Minister Shri Narendra Modi. M/s. ATC Asia Pacific Pte. Ltd. Singapore  with now have 51% of shareholding in ...

Prime Minister Launches Three Gold Related Schemes

The Prime Minister, Shri Narendra Modi, launched three gold related schemes at a function here today. The schemes are – Gold Monetization Scheme, Sovereign Gold Bond Scheme, and India Gold Coins. On the occasion, the Prime Minister Shri Narendra Modi described the ...

Government approves 16 FDI proposals worth Rs 4,722 cr

Sixteen Foreign Direct Investment (FDI) proposals amounting to Rs 4,722 crore has been cleared by the government. The proposals include majors like HDFC Capital and Ageon Religare Life Insurance Company. The investment proposals were approved following the recommendation by the Foreign ...

The Disinvestment of Power Finance Corporation(PFC)

The second CPSE disinvestment for the fiscal year 2015-16 was successfully completed today with the Power Finance Corporation (PFC) OFS getting fully subscribed.On offer was 5% paid up capital of the company comprising 6,60,02,035 shares, each of face value of ...

World Bank Sanctions $107 Million For Road Project In India

India Signs Loan Agreements with World Bank for IDA Assistance of US $ 107 Million for Second Mizoram State Roads ProjectA Credit Agreement for World Bank (IDA) assistance of US$ 107 million for Second Mizoram State Roads Project (MSRP II) ...

Various Measures to Boost Foreign Investment Flows In India

 Government of India and RBI take Various Measures to Boost Foreign Investment FlowsThe level of foreign investment inflows depends on a number of factors like the return on investment, prevailing interest rates, the rate of growth of the gross domestic ...

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