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NIIF
NIIF NEWS
Cabinet approves merger of Lakshmi Vilas Bank with DBS Bank India
November 25, 2020 8:54 pm
Lakshmi Vilas Bank - DBS Bank Merger: With this there will no further restrictions on the depositors regarding withdrawal of their deposits, Union Minister Prakash Javadekar informed in the briefing to the reporters.
Asian Development Bank to invest $100 million in Indian infrastructure sector via NIIF
March 30, 2020 11:33 am
The investment announcement comes at a critical time for India, as the already sagging economic growth is feared to be taking a heavy hit due to the coronavirus pandemic.
NIIF gets $2-billion boost from Canadian, Australian funds
August 07, 2019 6:26 am
The NIIF invests in equity capital in the country’s core infrastructure sectors with a focus on transportation, energy and urban infrastructure.
First NIIF investment: To set up $3-billion platform with DP World
January 23, 2018 1:48 am
To fund ports, terminals, transportation and logistics businesses in India.
18 months of infra fund: no foreign investor and not one investment
June 03, 2017 5:20 am
The NIIF was set up with a targeted corpus of Rs 40,000 crore over the years— 49 per cent of this amount to be funded by the government and the remaining to be raised from domestic and global investors, including international pension funds, sovereign wealth funds, among others.
A rejig in time
June 13, 2016 1:23 am
Changes in the broad framework for investment could provide a much-needed push for infrastructure projects.
Rs 40,000-cr fund: Arun Jaitley reviews NIIF progress; talks on for CEO selection
June 09, 2016 3:05 am
The governing council reviewed overseas long term investors, sovereign wealth funds, pension funds’ interest in investing in the NIIF. They also discussed the guidelines for investment of the corpus of NIIF, including the investment policy.
Jaitley meets investors in Tokyo, pitches for infra funding
May 31, 2016 2:53 pm
Finance Minister Jaitley stated that efforts are on to make India the most advantageous tax jurisdiction
Challenges in infra sector being reviewed: Jayant Sinha to private firms
February 06, 2016 1:09 am
Asking investors to consider brownfield projects apart from greenfield projects in railways, highways and energy sectors, the minister said projects worth about $100-150 billion are in various stages of completion.
Arun Jaitley pitches investment scope in infra, railways to sovereign funds
February 05, 2016 1:49 am
Jaitley also expressed hope that the opposition parties will “see reason” and the Constitution Amendment Bill for enabling Goods and Services Tax (GST), will become a reality soon.
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