New Delhi: The National Highways Authority of India’s fully owned special purpose vehicle DME Development Ltd will issue green bonds to raise funds for the implementation of environment-friendly measures on the Delhi-Mumbai Expressway project. The first-of-its-kind green bond issue in the roads and highways sector is expected to be launched in the second week of December and will be completed …
China's central bank is likely to provide low-cost funding for commercial banks assisting certain local governments in addressing their debt strain, underlining the country's growing emphasis on defusing local government debt risks, experts said. Their comments echoed the remarks of Pan Gongsheng, governor of the People's Bank of China, who said in a China Central Television interview on Friday that …
Supreme Court on Thursday decided to appoint former Supreme Court Judge Justice B. Sudarshan Reddy as the oversight authority for implementation of the Comprehensive Environmental Plan for Mining Impact Zone with regard to mining operations in the State of Karnataka.The plan is for eco-restoration, socio economic development and railway backbone infrastructure for the mining impact. Supreme Court on Thursday decided …
Let us assume that a property loan company wants to raise funds. But the lender can raise money by pooling these property loans and selling it as a package to a Special Purpose Vehicle, which in turn converts this pool of loans into tradable securities that are sold to investors. Any type of asset with steady cash flows can be …