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1 month, 3 weeks ago

RECPDCL transfers Khavda transmission project SPV to Power Grid Corporation of India

New Delhi, November 20 : REC Power Development and Consultancy Limited, a wholly-owned subsidiary of REC Limited under the Ministry of Power, has successfully handed over the Special Purpose Vehicle for the Khavda V-A HVDC Transmission Project to Power Grid Corporation of India Limited. According to REC, the official transfer ceremony took place in Gurugram, marking a significant milestone in …

India Transfer Power Nagpur Rec Pgcil Spv

6 months, 4 weeks ago

Make In India effect: PTC Industries share price jumps 80% in eight days

Live Mint

Make In India effect: PTC Industries share price has been on an uptrend for the last eight successive sessions. Trigger for PTC Industries shares Highlighting the triggers for PTC India share price rally, Avinsh Gorakshkar, Head of Research at Profitmart Securities, said, "The reason for the rise in PTC Industries shares can be attributed to two major reasons: strong Q4 …

India Defence Participation Price Ptc Industries Industries Limited Spv

8 months, 2 weeks ago

Solar power potential in India has decreased over last three decades: Study

Hindustan Times

A recent study has highlighted that with a decreased trend in solar radiations over most of the country, the solar power potential in India has decreased over the last three decades. The technical potential of solar power has a significant decreasing trend in most of the selected stations, which is alarming. As solar radiation intensity has been decreasing and there …

India Energy Trend Potential Solar Country Solar Power

1 year ago

Luthra and Luthra Advised Leading Banks In Connection With Rupee Loan Facilities Availed By InvIT

Live Law

Luthra and Luthra Law Offices India recently advised ICICI Bank Limited, India Infrastructure Finance Company Limited, Axis Bank Limited and State Bank of India in connection with rupee loan facilities of INR 1900,00,00,000 availed by Highways Infrastructure Trust, the road InvIT platform launched by KKR.. The InvIT is an infrastructure investment trust under the provisions of the SEBI Regulations, 2014 …

Team Facility Spv Invit Luthra

1 year, 1 month ago

Questions remain over the govt’s ‘smart city mission’ project, says new report

Hindustan Times

New Delhi: Initiatives under the flagship Smart Cities Mission launched by the NDA government in 2015 are already noticeable. Smart cities work under a special purpose vehicle model by forming a company jointly owned by the urban local body and state government for the particular city. The report also said that worldwide, smart city initiatives such as New York, Amsterdam, …

India Authors Urban Indian City Smart City Smart Cities

3 years ago

What is Securitisation?

Business Standard

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 …

Loans Investors Spv

3 years, 9 months ago

Part ownership is new realty for Indians

Live Mint

A growing number of Indians are acquiring slices of rent-yielding residential and commercial properties, owning a tiny portion of expensive property, in a way that is somewhat similar to investing in stocks of a company. “Many white-collar professionals and NRIs are investing in grade A office properties,” said Shiv Parekh, chief executive and founder of hBits, a platform providing fractional …

India Property Investors Estate Indians Fractional Ownership Commercial Properties

3 years, 11 months ago

Union Budget 2021: Govt should introduce framework for fiscal consolidation of infra firms

Firstpost

The promise of a Budget like ‘never before’ by the finance minister seems to be apt with the daunting task of addressing issues caused by COVID-19 pandemic i.e. While the government spend on infrastructure has taken a backseat due to the allocation of funds for the pandemic package, a new door has been opened by allowing insurance companies to fund …

India Infrastructure Tax Infrastructure Projects Budget Companies Projects

4 years, 1 month ago

'Adani Has No Previous Experience In Managing Airports' : Kerala Govt Moves SC Against Leasing Thiruvananthapuram Airport To Adani Group

Live Law

The Kerala government has moved the Supreme Court challenging the move of the Airports Authority of India to lease out Thiruvananthapuram Airport to Adani Enterprises.The Government has moved top court challenging the "arbitrary and illegal action of the Airports Authority of India".On October 19, the High Court of Kerala had dismissed the writ petitions filed against the tender given to. …

India Kerala Court Airports Civil Aviation State Adani

4 years, 3 months ago

Coal India Floats Rs 4,970 Crore Tenders for Construction of East-west Rail Corridor in Chhattisgarh

News 18

New Delhi: Coal India Ltd on Thursday said two large value tenders have been floated to construct 135 km east-west rail corridor at an estimated cost of Rs 4,970 crore in Chhattisgarh through an SPV. “Setting the wheels in motion, two large value tenders for the construction of 135 km rail line from Gevra Road to Pendra Road, to be …

India Indian Coal Crore Line Corridor Rail

4 years, 6 months ago

RBI lays down guidelines for NBFCs, HFCs under special liquidity scheme

Live Mint

The Reserve Bank of India on Wednesday laid down the eligibility criteria for non-bank financiers and mortgage lenders to utilize a special liquidity scheme that was approved by the Union cabinet in May. The funds thus received from the sale of securities would be used by the SPV to buy short-term investment-grade papers from eligible NBFCs and HFCs, providing them …

Bank Rbi Set Special Sma Spv

4 years, 7 months ago

Future Group looks to exit all its insurance businesses

Live Mint

MUMBAI: Kishore Biyani-promoted debt-laden Future Group is planning to exit both its general and life insurance businesses by selling off its controlling stakes in the two JVs it has with Generali Participations Netherlands N.V. Debt-ridden Future Group has two insurance subsidiaries -- Future Generali India Insurance for general insurance business and Future Generali Life Insurance for life insurance. Under this …

India Insurance Future Life Services Indian Crore

4 years, 10 months ago

Vadodara company withdrew Rs 265 crore from Yes Bank just a day before RBI moratorium

India TV News

Vadodara Smart City Development, a Special Purpose Vehicle of the Vadodara Municipal Corporation, withdrew Rs 265 crore in the nick of time. The central bank Thursday restricted withdrawals from Yes Bank to Rs 50,000 per depositor due to the private lender's precarious financial situation. Sudhir Patel, chief executive officer of the SPV and deputy municipal commissioner of the VMC, said …

Bank Ttd Yes Bank Company Withdrew

5 years, 5 months ago

In the shadows of a debt crisis: A closer look at how IL&FS episode unfolded and impacted the larger economy

Firstpost

IL&FS has not just failed to bring private capital into the infrastructure sector but has used public assets to create opportunities for itself India Inc. is now officially facing an economic slowdown. The large majority of IL&FS’ financing came from Public Sector Banks and individuals who invested in its Non-Convertible Debentures. IL&FS’ primary financial subsidiary, IFIN, lent this money as …

Finance India Economy Infrastructure Infrastructure Projects Debt Projects

5 years, 5 months ago

Govt plans to transfer BSNL land, loans to SPV to make state-owned teleco debt-free; union alleges undervaluation of assets

Firstpost

The SPV is proposed to sell the land parcel and pay off BSNL debt estimated to be around Rs 15,000 crore. Employees Union of BSNL, however, has alleged that the land parcels proposed to be transferred to the special purpose vehicle at value of Rs 20,210 crore are at prime locations of big cities and are “grossly undervalued”. “It is …

Land Transfer Union Value Bsnl Parcels Spv

5 years, 7 months ago

Air India could post over Rs 7,600 crore loss in 2018-19, highest so far

India TV News

In what could make Air India sale an uphill task for the government, the national carrier could report highest-ever loss of over Rs 7,600 crore in financial year 2018-19 on account of low fleet utilization and high fuel prices among others. In order to sweeten the deal for Air India this time, the government is likely to offer entire 100 …

India Air Crore Airline Jet Airways Spv

5 years, 7 months ago

Air India deal to be sweetened further with 100% stake offer

Live Mint

New Delhi: Moving at jet speed, the two-stage bid process for selling of entire 100% equity stake in national carrier Air India could kickstart as early as 7 July. Multiple sources said that selling of Air India is the unfinished agenda of the previous government and now that they have made a comeback, the deal would be concluded this time. …

India Air Stake Offer

5 years, 7 months ago

Air India deal to be sweetened further, PIM likely by July 7

The Quint

By Nirbhay Kumar New Delhi, June 4 Moving at jet speed, the two-stage bid process for selling of entire 100 per cent equity stake in national carrier Air India could kickstart as early as July 7. "Besides offering 100 per cent stake to private investors, more loans of the airline would be transferred to the special purpose vehicle in order …

India Air

5 years, 10 months ago

Cabinet approves creation of SPV for Air India divestment; govt to allocate additional Rs 2,600 cr in next fiscal

Firstpost

The government has been working on ways to revive the fortunes of Air India, which is estimated to have a debt burden of Rs 55,000 crore. New Delhi: The Union Cabinet on Thursday gave its “ex-post facto approval” for the creation of a special purpose vehicle for the disinvestment of Air India and its subsidiaries and joint ventures, a government …

Air Crore Cabinet Spv Its Subsidiaries India Divestment

5 years, 10 months ago

Air India asks govt to refinance ₹20,000 crore debt by 31 March

Live Mint

Mumbai: Air India, which has transferred interest payment liabilities of ₹29,000 crore of its total debt to a special purpose vehicle, has suggested that the government refinance ₹20,000 crore debt by 31 March. Air India has net debt of about ₹55,000 crore, including the ₹29,000 crore that is to be transferred to the SPV after approval from banks. With oil …

India Air Debt Official Crore Airline Interest Payment

5 years, 11 months ago

Interim Budget: Only Rs 1 lakh support for debt ridden Air India

The Quint

New Delhi, Feb 1 The government has provided a token amount of just about Rs 1 lakh as budgetary support to the ailing national carrier Air India which has been saddled with a debt burden of around Rs 55,000 crore. However, the Finance Minister has proposed to provide Rs 2,600 crore for the next fiscal to a special purpose vehicle …

Finance India Budget Air Crore Provide Spv

5 years, 11 months ago

2 IL&FS subsidiaries seek refund of debt repaid after 15 Oct

Live Mint

Mumbai: Two subsidiaries of IL&FS Transportation Networks Ltd have decided to stop debt repayments and have sought refunds of debt repaid after 15 October, India Ratings said Tuesday, warning such action would lead to a default rating and threaten infrastructure project finance using special purpose vehicles. India Ratings said the two subsidiaries wrote to their debenture trustees last week citing …

India Debt Ratings Project Nclat Default Spv

6 years ago

Govt eyes about ₹7,000 crore from Air India sale

Live Mint

New Delhi: The government is eyeing around $1 billion from the sale of national carrier Air India in the next financial year, a government official said. In November last year, a ministerial panel headed by Finance Minister Arun Jaitley had approved transferring ₹ 29,000 crore debt to a special purpose vehicle -- Air India Asset Holding Company. After a botched …

India Sale Air Plan Spv Crore Debt

6 years ago

Air India privatisation: Govt to initiate disinvestment process in FY 2020, eyes around $1 billion from sale

Firstpost

New Delhi: The government is eyeing around $1 billion from the sale of national carrier Air India in the next financial year, a government official said. In November last year, a ministerial panel headed by finance minister Arun Jaitley had approved transferring Rs 29,000 crore debt to a special purpose vehicle – Air India Asset Holding Company. After a botched …

India Sale Plan Crore Debt Spv Air Initiate Disinvestment

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Articles for Spv, search results for india

RECPDCL transfers Khavda transmission project SPV to Power Grid Corporation of India

Make In India effect: PTC Industries share price jumps 80% in eight days

Solar power potential in India has decreased over last three decades: Study

Luthra and Luthra Advised Leading Banks In Connection With Rupee Loan Facilities Availed By InvIT

Questions remain over the govt’s ‘smart city mission’ project, says new report

What is Securitisation?

Part ownership is new realty for Indians

Union Budget 2021: Govt should introduce framework for fiscal consolidation of infra firms

'Adani Has No Previous Experience In Managing Airports' : Kerala Govt Moves SC Against Leasing Thiruvananthapuram Airport To Adani Group

Coal India Floats Rs 4,970 Crore Tenders for Construction of East-west Rail Corridor in Chhattisgarh

RBI lays down guidelines for NBFCs, HFCs under special liquidity scheme

Future Group looks to exit all its insurance businesses

Vadodara company withdrew Rs 265 crore from Yes Bank just a day before RBI moratorium

In the shadows of a debt crisis: A closer look at how IL&FS episode unfolded and impacted the larger economy

Govt plans to transfer BSNL land, loans to SPV to make state-owned teleco debt-free; union alleges undervaluation of assets

Air India could post over Rs 7,600 crore loss in 2018-19, highest so far

Air India deal to be sweetened further with 100% stake offer

Air India deal to be sweetened further, PIM likely by July 7

Cabinet approves creation of SPV for Air India divestment; govt to allocate additional Rs 2,600 cr in next fiscal

Air India asks govt to refinance ₹20,000 crore debt by 31 March

Interim Budget: Only Rs 1 lakh support for debt ridden Air India

2 IL&FS subsidiaries seek refund of debt repaid after 15 Oct

Govt eyes about ₹7,000 crore from Air India sale

Air India privatisation: Govt to initiate disinvestment process in FY 2020, eyes around $1 billion from sale