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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 …

Mumbai: The state government has directed the Slum Rehabilitation Authority to contribute ₹300 crore to the Dharavi Redevelopment Project, of which ₹200 crore will be allotted to Rail Land Development Authority towards the 45-acre railway land and ₹100 crore will be diverted towards DRP’s equity in the Special Purpose Vehicle to be created for the Dharavi project. It was agreed …

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 …