Japan Bank for International Cooperation
Close on the heels of securing an Rs 1,000-crore long-term loan from global private equity major KKR, GMR Infrastructure said that it is looking at international markets for funds at lower interest rates. Managing director Kiran Kumar Grandhi said on Thursday at the company’s annual general meeting that the firm will focus on recalibrating its [...] Continue Reading »
During Prime Minister Narendra Modi’s visit to Japan, GMR Infrastructure signed a memorandum of understanding to provide financial assistance to Japanese companies investing in infrastructure projects of the GMR Group. According to a statement, the objective of this MoU is to provide low-cost, long-term financing for infrastructure projects that involve Japanese companies. These could be [...] Continue Reading »
The Centre is readying to invite bids for the Dholera investment region in Gujarat in the next three months to convert it into a smart city. The integrated industrial townships in Greater Noida and Vikram Udyogpuri in Madhya Pradesh along the Delhi-Mumbai Industrial Corridor (DMIC) are also under consideration for the centre to be transformed [...] Continue Reading »
