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Ather Energy raises Rs 900 cr from Hero MotoCorp, GIC Electric vehicle firm Ather Energy on Wednesday said it has raised Rs 900 crore from existing shareholders Hero MotoCorp and global investment firm GIC through a rights issue. Ather Energy said it plans to use the funds for new product launch and expansion of its charging infrastructure and retail network. “Last few years have demonstrated just how quick the EV transition in India can be and how it will be led by 2 wheelers. This round will allow us to expand our product portfolio...
Ather Energy raises Rs 900 cr from Hero MotoCorp, GIC
Ather Energy raises Rs 900 cr from Hero MotoCorp, GIC
Source: IANS
6/09/2023 4:37:51 PM
Union Finance Minister Nirmala Sitaraman meets US Treasury Secretary , Japanese and Canadian Finance Ministers ahead of FMCBG meeting Union Finance Minister Nirmala Sitharaman on Thursday held a series of meetings with various dignitaries, including US Treasury Secretary Janet Yellen, Japanese Finance Minister Shunichi Suzuki and Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland, discussing an array of issues such as strengthening of multilateral development banks (MDBs), debt related issues and crypto assets. The meeting came just a day before the crucial first 'Finance Ministers and Central Bank...
Union Finance Minister Nirmala Sitaraman meets US Treasury Secretary , Japanese and Canadian Finance Ministers ahead of FMCBG meeting
Union Finance Minister Nirmala Sitaraman meets US Treasury Secretary , Japanese and Canadian Finance Ministers ahead of FMCBG meeting
Source: IANS
24/02/2023 9:05:01 AM
NIIF,GMR Airports announce partnership to invest in 3 airports GMR Airports Limited (GAL) and NIIF (National Investment and Infrastructure Fund) have announced a financial partnership for NIIF to invest in the equity capital of three airport projects. These include the Greenfield international airports at Mopa, Goa and Bhogapuram, Andhra Pradesh. The transaction envisages NIIF making a primary investment of Rs 6.31 billion in the form of Compulsory Convertible Debenture (CCD) in GMR Goa International Airport Limited (GGIAL), a special purpose vehic...
NIIF,GMR Airports announce partnership to invest in 3 airports
NIIF,GMR Airports announce partnership to invest in 3 airports
Source: IANS
7/12/2022 2:04:00 PM
Finance Minister Nirmala Sitharaman exhorts NIIF to leverage India`s investment fundamentals Finance Minister Nirmala Sitharaman on Thursday asked the National Investment and Infrastructure Fund (NIIF) to leverage India's attractive investment fundamentals to expand its operations. Presiding over the 5th meeting of NIIF's governing council, she encouraged the team to continue discussions with investors from countries that are keen to invest in India. The Finance Minister exhorted the NIIF team to also explore opportunities under the National Infrastructure Pipeline, PM ...
Finance Minister Nirmala Sitharaman exhorts NIIF to leverage India`s investment fundamentals
Finance Minister Nirmala Sitharaman exhorts NIIF to leverage India`s investment fundamentals
Source: IANS
17/11/2022 5:41:03 PM
Inflation not `red lettered` priority: FM Nirmala Sitharaman  Union Finance Minister Nirmala Sitharaman on Wednesday said that inflation is not a "red lettered" priority as it has cooled down in the last few weeks. Addressing the India Ideas Summit, she said that Central government's priority is job creation and income distribution. Sitharaman further said that India is taking up the G20 presidentship in challenging times when global supply chains have been damaged and geo-political equations are volatile. The Finance Minist...
Inflation not `red lettered` priority: FM Nirmala Sitharaman
Inflation not `red lettered` priority: FM Nirmala Sitharaman
Source: IANS
7/09/2022 12:42:23 PM
KKR acquires 7 highways assets from Global Infrastructure Partners KKR, a global investment firm, on Monday announced the signing of definitive agreements under which KKR will acquire Global Infrastructure Partners' (GIP) entire interest in Highway Concessions One (HC1) and seven highway assets with a total length of 487 kilometers. HC1 is a platform in India that manages GIP's road portfolio which spans across seven states, including Gujarat, Karnataka, Madhya Pradesh, Meghalaya, Rajasthan, Tamil Nadu, and Telangana. Through the acquisition of...
KKR acquires 7 highways assets from Global Infrastructure Partners
KKR acquires 7 highways assets from Global Infrastructure Partners
Source: IANS
5/07/2021 12:58:59 PM
NIIFL invests Rs 2,100 cr in Manipal Hospitals The National Investment and Infrastructure Fund Limited (NIIFL) on Thursday announced an investment of Rs 2,100 crore in Manipal Hospitals. According to NIIFL, the investment is being made through its Strategic Opportunities Fund (SOF), a direct private equity fund. The SOF's first investment in India's healthcare sector will support the growth of Manipal Hospitals. Manipal Hospitals has 15 branches across the country with key focus on tertiary and quaternary care and it recentl...
NIIFL invests Rs 2,100 cr in Manipal Hospitals
NIIFL invests Rs 2,100 cr in Manipal Hospitals
Source: IANS
2/04/2021 9:09:47 AM