Mar 31, 2021 08:00 PM IST
Manipal Hospitals is eyeing an IPO in the next two or three years. It had earlier explored potential deals with Fortis Hospitals and Medanta Medicity, which did not fructify and in November 2020, it announced the buyout of the Indian assets of Columbia Asia Hospitals for around Rs 2,100 crore.
- Dec 21, 2020 03:54 PM IST
The master fund invests in operating assets in core infrastructure sectors, primarily transportation and energy, according to a statement.
- Feb 07, 2020 09:13 AM IST
Full-fledged roll-out of prepaid meters tough to execute unless states come on board and funds are in place
- Jul 26, 2019 04:48 PM IST
The NIIF, which is tasked with attracting investments into infrastructure and other key sectors, has already received commitments for $1 billion from a few external investors.
- Jul 01, 2019 07:26 PM IST
The initiative will address concerns related to availability of equity and long-term debt funding options to large-scale projects thereby stimulating infrastructure development, SBI Chairman Rajnish Kumar said.
- Jan 22, 2018 12:02 PM IST
The money will target acquiring assets and developing projects in sea and river ports, freight corridors, special economic zones, inland container terminals, and logistics infrastructure such as cold storage, the two organisations said.
- May 29, 2017 02:43 PM IST
The last-mile funding will help get them off the ground, a senior finance ministry official said.
- Apr 04, 2017 07:22 PM IST
The fund will focus initial investments on India's rapidly growing energy and renewable market and a fund manager is expected "to be selected by the autumn", which is by the middle of 2017.
- Feb 14, 2017 09:00 AM IST
The government has allocated Rs 1,000 crore budgetary support to NIIF which will be leveraged to raise Rs 8,000 crore from strategic anchor partners, namely multilateral and bilateral institutions, sovereign wealth funds, pension funds and domestic public sector enterprises, according to Output Outcome Framework for Schemes 2017-18.
- Sep 22, 2016 01:20 PM IST
"Even though the NIIF has become operational and in the next few days from now it will start its major activities," Jaitley said while addressing Best Practices in PPPs and Long-term Infrastructure Financing of BRICS Countries seminar here.
- Jun 08, 2016 09:08 PM IST
The panel headed by Finance Minister Arun Jaitley on June 8 reviewed the progress of India's maiden sovereign wealth fund NIIF and discussed investment proposals and project pipeline in a bid to speed up development of the infrastructure sector
- Jun 01, 2016 10:44 AM IST
Pitching for investment in India's first sovereign wealth fund NIIF, Finance Minister Arun Jaitley today met global investors and promised them an "advantageous" tax regime in the country.
- May 20, 2016 04:36 PM IST
The Indo-UAE Global Investment Summit to be held here next week will boost trade between India and the Gulf Corporation Council (GCC) countries in sectors such
as infrastructure, construction, renewable energy and oil & gas
- Dec 30, 2015 10:48 AM IST
As far as the Indian market is concerned, it is likely to get excited going into the Budget, says Andrew Holland of Ambit Investment Advisors. He also expects the dollar to weaken in the short-term, which will in turn be beneficial to emerging markets like India
- Dec 29, 2015 04:17 PM IST
Jaitley said the NIIF Governing Council will meet again in March to review the progress in the participation of the funds that are willing to invest.
- Oct 15, 2015 02:12 PM IST
The other members of the search-cum-selection committee are Financial Services Secretary Anjuly Chib Duggal, SBI Chairperson Arundhati Bhattacharya, NIPFP Director Rathin Roy and economist Rajiv Kumar.
- Aug 05, 2015 07:50 AM IST
The constitution amendment bill for roll out of Goods and Services Tax (GST) has been passed by Lok Sabha, and has to be now cleared by Rajya Sabha, where the government does not enjoy majority of its own.
- Jul 29, 2015 10:31 PM IST
The decision to set up the fund was taken at the meeting of the Cabinet headed by Prime Minister Narendra Modi, sources said.
- May 27, 2015 05:28 PM IST
Finance minister Arun Jaitley had announced the setting up of National Investment and Infrastructure Fund (NIIF) in the Union Budget. The North Block has now issued a draft Cabinet note on its formation.