May 30, 2017 12:39 PM IST
Sources tell CNBC-TV18 that the National Highways Authority of India (NHAI) is in exploratory stages to consider an Infrastructure Investment Trust (InvIT) listing for its road portfolio.
- May 03, 2017 10:40 AM IST
In an interview with CNBC-TV18, VD Mhaiskar, CMD of IRB Infrastructure Developers spoke at length about InvIT.
- Apr 18, 2017 12:28 PM IST
Sources say IRB Infra is close to announcing the launch date for InVIT.
- Mar 03, 2017 08:14 AM IST
The first Infrastructure Investment Trusts (InvIT) listing is expected soon, which could be from the house of Sterlite Power - India Grid. CNBC-TV18's Nisha Poddar caught up with Pratik Agarwal, CEO and Harsh Shah, CFO of India Grid to understand InvIT as a product and what it is that the company is offering in this Rs 2,600 crores fund raise.
- Jan 13, 2017 07:59 PM IST
IL&FS Transportation Network today reported net profit of Rs 55.7 crore versus a loss of Rs 19.4 crore for the December quarter. Total income has fallen to Rs 1,020 crore vs Rs 1,117 crore down 8.6 percent in the year ago period.
- Dec 14, 2016 10:14 PM IST
It's been over two years since Securities Exchange Board of India (SEBI) paved the way for Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (INVIT) to be introduced in the Indian market and since then, both the regulator and government have tried to sweeten the deal for developers and infra players to take the plunge.
- 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.
- 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.
- 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.