Nov 23, 2016 12:01 PM IST
Brokerage houses slashed target price of IRB Infrastructure Developers after lowering traffic growth estimates due to likely slowdown in economic activity on currency demonetisation. However, they are hopeful of likely good response to Investment Trust IPO that may be launched in 2017 and revenue growth on strong orderbook.
- Oct 05, 2016 08:24 AM IST
Real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) are picking up steam. Watch Amit Thawani, ED - Investment Banking at Nomura; Yash Ashar, Partner at Cyril Amarchand Mangaldas and Gautam Mehra, India Tax Leader at PWC discuss how REITs and InvITs work.
- Sep 23, 2016 03:57 PM IST
About 20 percent of the REIT money can now be used for under-construction projects compared to 10 percent earlier. This is a big positive, as infrastructure companies have most of their projects under construction and there isn't any inventory of finished projects, says Talwar.
- Jun 16, 2016 10:44 AM IST
An application with the Securities and Exchange Board of India has been made for the infrastructure investment trust, Dilip Bhatia, Chief Financial Officer, IL&FS Transport told CNBC-TV18.
- May 02, 2016 01:57 PM IST
Sources say that promoters are seeking reduction of promoter shareholding norms for InVITs to 10 percent from the current 25 percent.
- Mar 29, 2016 11:17 AM IST
Sterlite will use the funds to pare debt and meet capital expenditure needs, add sources.
- Mar 16, 2016 01:11 PM IST
Jayant Mhaiskar, Chairman and Managing Director of MEP Infra says, revenue of around Rs 65-66 crore is expected from the Pungad toll collection project and average return on equity on such projects is about 10-12 percent.
- Mar 15, 2016 08:32 PM IST
Markets regulator Sebi today
allowed foreign portfolio investors to invest in newly
launched products -- REITs, InvITs and AIFs -- and also
permitted them to acquire corporate bonds under default.
- Dec 29, 2015 04:39 PM IST
According to sources, MEP is eyeing raising Rs 1000 crore from InvITs to cut on debt and use the revenue to bid for toll-operate-transfer (TOT) and operate-maintain-transfer (OMT) projects.
- Nov 22, 2015 12:47 AM IST
100% Foreign Investment In AIFs, REITs, INVITs!
- Oct 01, 2015 01:15 PM IST
Jayant Mhaiskar, Vice Chairman and Managing Director of MEP Infra says that MEP has won the bid the second time in succession and it will add Rs 81-82 crores to the company‘s revenues.
- Jun 24, 2015 01:19 PM IST
The debt-laden company is looking to raise upto Rs. 4,000 crores through an InvIT listing, which might include few of its six completed highway projects.