Moneycontrol PRO
Open App
special purpose vehicle
Jump to
  • Billionaire Venture signs MoU with DBS Bank Sep 14, 2022 05:22 PM IST

    Billionaire Venture signs MoU with DBS Bank

    Besides creating thousands of jobs through this initial initiative, the JV will fulfil the dream of many young entrepreneurs to promote more such Startups in the country and create millions of jobs in the years to come.

  • Centre adds Delhi, Mumbai and Surat as new routes proposed for seaplane services Jan 04, 2021 07:32 PM IST

    Centre adds Delhi, Mumbai and Surat as new routes proposed for seaplane services

    The Ministry will start the operations through potential airline operators under a Special Purpose Vehicle (SPV) framework, which will be implemented and executed through Sagarmala Development Company Ltd (SDCL).

  • Yamuna rejuvenation: NGT pulls up Delhi Development Authority, asks it to constitute SPV Jul 08, 2020 07:15 PM IST

    Yamuna rejuvenation: NGT pulls up Delhi Development Authority, asks it to constitute SPV

    "Rejuvenation of river Yamuna is an important function and DDA cannot shy away from its statutory responsibility. Yamuna rejuvenation can be model for rejuvenation of 351 river stretches in the country given its location in the national capital territory where all expert authorities and funds are available," the green tribunal said.

  • Sterlite Power acquires VNLTL SPV from PFC Consulting Jun 26, 2020 02:45 PM IST

    Sterlite Power acquires VNLTL SPV from PFC Consulting

    PFC Consulting Ltd (PFCCL) is a wholly-owned subsidiary of Power Finance Corporation (PFC), the non-banking finance company under the Ministry of Power.

  • I-T dept issues Rs 24,646-crore notice to Sahara’s Aamby Valley Apr 26, 2017 04:00 PM IST

    I-T dept issues Rs 24,646-crore notice to Sahara’s Aamby Valley

    The Income Tax (I-T) department, as part of a special investigation and audit into the account books of the Sahara Group’s Aamby Valley Limited (AVL), has slapped a Rs 24,646-crore tax demand and penalty &#82

  • IRB targets Rs 5,000 crores from its maiden InvIT IPO on May 3, 2017 Apr 26, 2017 04:00 PM IST

    IRB targets Rs 5,000 crores from its maiden InvIT IPO on May 3, 2017

    Engineering company IRB Infrastructure, on April 25, 2017, became the first firm to announce a public offer in the infrastructure investment trusts (InvITs) space, with a Rs 5,000-crore plus public issue of its fund &#82

  • REITs to come up in 12-14 months: Knight Frank Mar 27, 2017 03:00 PM IST

    REITs to come up in 12-14 months: Knight Frank

    According to a report on real estate investment trusts (REITs) released by Knight Frank, the domestic environment is ripe for listing of REITs, an investment vehicle that invests in rent-yielding completed real estate projects. &#82

  • Maharashtra to set up infrastructure SPV to raise Rs 1 lakh crore Mar 20, 2017 05:00 PM IST

    Maharashtra to set up infrastructure SPV to raise Rs 1 lakh crore

    Envisaging an investment of Rs 1 lakh crore in the next five years in the infrastructure sector, the Maharashtra government, on March 18, 2017, proposed to set up a special purpose vehicle (SPV) to &#82

  • COMMENT: How many bailouts does Air India need to come out of its funk? Mar 08, 2017 05:22 PM IST

    COMMENT: How many bailouts does Air India need to come out of its funk?

    Air India can count itself lucky every time the government jumped to its rescue – and the carrier has run into rough weather more number of times than it seems normal for a flag-bearer.

  • Hemisphere Prop finally ready to act on surplus VSNL land Feb 03, 2017 10:35 AM IST

    Hemisphere Prop finally ready to act on surplus VSNL land

    After countless huffs and puffs over many years, Hemisphere Properties India Ltd, the government-owned special purpose vehicle that was formed to take over the surplus land of the erstwhile Videsh Sanchar Nigam Ltd (renamed Tata Communications Ltd in 2007), may finally be ready to take off the block.

  • Sebi issues new set of disclosure norms for REITs Dec 29, 2016 08:00 PM IST

    Sebi issues new set of disclosure norms for REITs

    Putting in place a few more disclosure norms for real estate investment trusts (REITs), Sebi today asked such entities to inform stock exchanges about actual utilisation of the funds raised.

  • SPV to be set up for Thane smart city project Oct 10, 2016 12:09 PM IST

    SPV to be set up for Thane smart city project

    A special purpose vehicle (SPV) will be set up soon by the government, to facilitate Thane‘s transition into a smart city, stated Thane‘s municipal commissioner, Sanjeev Jaiswal. Thane was in the list of cities &#82

  • SPV to be soon set for Thane Smart City project: Sanjeev Jaiswal Oct 06, 2016 02:40 PM IST

    SPV to be soon set for Thane Smart City project: Sanjeev Jaiswal

    Thane was in the list of cities released last month by Urban Development Ministry in New Delhi, to be developed as Smart Cities.

  • Empower bank boards, set up SPV to contain bad loans: Industry Jun 09, 2016 10:00 PM IST

    Empower bank boards, set up SPV to contain bad loans: Industry

    To contain non-performing assets of banks, the government should empower the boards of public sector banks to deal with bad assets with the help of a special purpose vehicle which can lay broad guidelines for the lenders to take "haircuts", an industry body said

  • Cabinet nod for extension of Chennai metro rail project Jun 01, 2016 07:44 PM IST

    Cabinet nod for extension of Chennai metro rail project

    Government gave its nod to a proposal for extension of over nine km for first phase of Chennai Metro rail project at a cost of Rs 3,770 crore.

  • Bhubaneswar smart city project to have Rs 250 cr paid up capital Mar 23, 2016 10:37 AM IST

    Bhubaneswar smart city project to have Rs 250 cr paid up capital

    The Special Purpose Vehicle (SPV) for the smart city project in Bhubaneswar would have paid up capital of Rs 250 crore and authorised capital of Rs 500 crore.

  • PPP model approved to reform wastewater sector Jan 07, 2016 09:46 AM IST

    PPP model approved to reform wastewater sector

    The Union Cabinet approved a proposal for taking up hybrid annuity-based public private partnership (PPP) model under Namami Gange Programme to reform the wastewater sector in India.

  • Realty reportcard: The flashback and road ahead for 2016 Dec 22, 2015 04:12 PM IST

    Realty reportcard: The flashback and road ahead for 2016

    The deal of 2015 that stands out the most is the buyout of Mumbai's iconic Lincoln House by the suave deal maker Cyrus Poonawala from the US government worth a whopping Rs 750 crore making it the largest residential real estate deal in the country.

  • Vedanta used Cairn loan to repay inter-company loan Sep 13, 2015 01:34 PM IST

    Vedanta used Cairn loan to repay inter-company loan

    Cairn India's USD 1.25 billion loan to its promoter group, which had spooked investors, was used by Vedanta Ltd to repay another inter-company loan taken for acquisition of the oil company.

  • West Bengal kicks off road show for global biz meet in Jan Sep 07, 2015 06:18 PM IST

    West Bengal kicks off road show for global biz meet in Jan

    "West Bengal government and top six industrialists are working together towards the growth that the state has generated. India has grown by 7.5 percent, West Bengal has grown by 10.48 percent," State Finance Minister Amit Mitra said.

  • Farmers union demand toll-free passage on DND flyway Jul 10, 2015 03:01 PM IST

    Farmers union demand toll-free passage on DND flyway

    Bhartiya Kisan Union has been staging a protest there. There was a fairly large crowd there on Thursday, but today because it is raining in Delhi, the turnout has been less. These people are demanding that this toll be done away with as far as Noida Toll Bridge is concerned.

  • State-level panels and city forums to realise smart cities Jul 06, 2015 12:13 PM IST

    State-level panels and city forums to realise smart cities

    The city level forum, that will include NGOs, Chamber of Commerce, women groups, tax payers association will play an important role in the development aspects of these cities.

  • SKS Microfinance up 7%, completes 5th securitisation deal Jan 31, 2014 10:31 AM IST

    SKS Microfinance up 7%, completes 5th securitisation deal

    “With this, the total sum of securitisations completed during FY14 (YTD) is Rs 727.37 crore. The first four substantial securitizations were: Rs 321 crore (on September 30), Rs 80.81 crore (on December 11), Rs 215 crore (on December 19) and Rs 55 crore (on December 30),” it said in a statement.

  • JP Morgan invests Rs 530 cr in IL&FS road arm in AP Nov 19, 2012 04:42 PM IST

    JP Morgan invests Rs 530 cr in IL&FS road arm in AP

    Financial major JP Morgan today said it has invested Rs 530 crore in Andhra Pradesh Expressway, a Special Purpose Vehicle floated by IL&FS Transportation Networks, by subscribing to a bond issue.

  • VSNL land sale gets DoT nod; Govt to hold 51% stake in SPV Aug 10, 2011 09:59 PM IST

    VSNL land sale gets DoT nod; Govt to hold 51% stake in SPV

    In a CNBC-TV18 exclusive, the telecom commission has given the green signal to hive off surplus land belonging to VSNL. CNBC-TV18's economic policy editor Siddharth Zarabi reports that auctioning the VSNL land could be a way for the government to mop up much needed revenues.

Sections
ISO 27001 - BSI Assurance Mark