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infrastructure debt fund

IL&FS to collect $1 bn for infra debt fund by Sept

IL&FS to collect $1 bn for infra debt fund by Sept
An official says that the IL&FS Financial Services expect to collect $1 billion of its targeted $5 billion infrastructure debt fund by September. The IL&FS Infra Asset Management which manages the infrastructure debt fund has planned to collect around $1 billion and hopes to increase the overall amount of $5 billion under management in the [...] Continue Reading »

Impact of Budget on Indian realty market

Impact of Budget on Indian realty market
The realty market in India is in a bad shape. The expectation of the sector on the budget was not fulfill to that extent. The good news for the realty sector is the allowance of External Commercial Borrowings for low cost affordable housing projects. The withholding tax also reduces to 5% from 20% on ECBs [...] Continue Reading »



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