infrastructure sector
Ajay Piramal is all set to make his boldest bet on the country’s battered infrastructure sector under the flagship Piramal Enterprises Limited (PEL). His investments in Vodafone India did fairly well and now with the Modinomics wave, he feels that infrastructure investments should be the next big thing. Piramal Enterprises Limited (PEL) is tying up [...] Continue Reading »
The Securities and Exchange Board of India (Sebi) on Thursday released draft guidelines for infrastructure investment trusts (InvITs). This is expected to enable financing and investment opportunities in long-term infrastructure projects. The finance minister Arun Jaitley made some draft guidelines during the Budget speech last week. SEBI is supposed to follow those draft guidelines. InvITs are [...] Continue Reading »
The change in direct taxes levied by the government will leave the corporate with more amount of money to spend on investing and kick starting growth. The only bad news is the increment in the effective dividend tax distribution which is a tax that companies pay on dividends. However their outgoing tax may increase only [...] Continue Reading »
All the eyes are on the current budget as after a few years of slow economic growth and poor GDP, the industries and the general public is looking at the maiden budget of the Modi led government with a lot of expectations. The finance companies and analysts are speculating that the infrastructure sector is expecting a [...] Continue Reading »
According to a report, in the third quarter of the current fiscal, Investment cycle in the construction sector is likely to improve if a stable government comes to power at the Centre after the general elections. Credit rating agency ICRABSE mentioned in its report that until September, though there were expectations of facing execution challenges [...] Continue Reading »
Infrastructure sector is likely to be affected by the RBI decision to award the IDFC a full-fledged banking license, as it has been facing a slowdown already and the company was a leading an integrated infrastructure finance player ,as told by the State Bank of India (SBI), the country’s largest lender. Arundhati Bhattacharya, SBI chairperson [...] Continue Reading »
According to the experts, Liquidity constraints, approval delays and the economic slowdown have forced the developers not to take up large infrastructure and road projects on PPP basis. An expert also mentioned that the government gives attention on developing infrastructure projects on public private partnership model to minimize its burden and to motivate private sector to participate in [...] Continue Reading »
Credit rating and research agency, India Ratings & Research recently said that the overall outlook for the infrastructure sector remains negative for the financial year 2014-2015. The agency is of the view that the outlook for power projects, barring renewables, remains negative, while highways sector remains stable in pockets. The agency said that it does [...] Continue Reading »
In a move to help the real estate sector, government is planning to give industry status to the real estate infrastructure sector. This move will help the real estate sector to get access to cheaper finance from banks. The proposal for industry status has already been submitted to the finance ministry for its consideration. Getting [...] Continue Reading »
