State-owned India Infrastructure Finance Company Ltd has tied up with Infrastructure Development Finance Company, and global equity investors Citigroup Inc and Blackstone Group to launch a $5 billion infrastructure fund.
India's infrastructure sectors, for long shunned by investors due to long gestation periods and hazy policies, have finally become attractive.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
Interest in green living is rising, with clean air and open spaces becoming key selling points for residential projects, particularly as Indian cities struggle with deteriorating air quality.
Gopichand P Hinduja, chairman of globe-spanning Hinduja Group, died in London at the age of 85, sources close to his family said. Fondly known as 'GP' in business circles, Gopichand P. Hinduja was unwell for past few weeks and died in a London hospital, they said.
'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.
'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'
Shifting to a PPP model could repeat the errors of the past
Tata Motors on Friday reported a 62.2 per cent decline in consolidated net profit to Rs 4,003 crore in the June quarter, impacted by volume decline across segments, drop in JLR profits due to US tariffs and high base effect due to gain from sale of discontinued operations. The auto major had posted a consolidated net profit of Rs 10,587 crore in the April-June quarter of the previous fiscal, Tata Motors Ltd (TML) said in a regulatory filing.
Pakistan has approached the Asian Development Bank (ADB) for a USD 7 billion loan to upgrade a major railway line after China apparently declined to support the project. The development of Mainline-I (ML-I) railways between Peshawar and Karachi is stuck due to a lack of funds.
'The directives to enhance last-mile funding, consider revival funds, and systemic reforms across the sector are expected to revive stalled projects, improve accountability, and accelerate the delivery of affordable and mid-income housing.'
Over the past two years, some 30 mid-career bureaucrats are said to have joined the private sector as COOs, CEOs and partners in consultancies.
Infrastructure Development Finance Company is planning to hit the capital markets by June end to fund its capital requirements.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
Reserve Bank of India Governor Bimal Jalan on Friday said that there was no dearth of liquidity in financing the infrastructure projects in the country.
The underrepresentation of women in the field of artificial intelligence (AI) poses a significant risk of perpetuating the prevailing societal biases into future technologies, according to a top Microsoft executive. Himani Agrawal, chief partner officer, Microsoft India and South Asia, believes that inclusion is a shared responsibility and if AI continues to be shaped without diverse perspectives, the biases of today risk becoming hardwired into the technology of tomorrow.
Finance Minister Nirmala Sitharaman on Thursday asked India Inc to take advantage of the policies and reforms undertaken by the government and no longer hesitate to invest more and expand capacities. Sitharaman also asked the industry to partner with the government for skilling the youth and also to engage with the government throughout the year, and not just before the Budget.
Larsen & Toubro Ltd said on Tuesday the country's leading housing finance company Housing Development Finance Corporation and HDFC India Real Estate Fund will acquire a 25 per cent stake in L&T Urban Infrastructure Ltd.
Cabinet approves Khelo Bharat Niti, says it will bring India into top-5 of world sports
About railways sector, the Survey said that it is facing stiff competition from other modes of transportation and the government is initiating various transformative measures to keep railways on track.
'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'
'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'
State-owned Life Insurance Corporation (LIC) on Thursday entirely subscribed to the Rs 5,000 crore bond issue of Adani Ports and Special Economic Zone (APSEZ) at a coupon rate of 7.75 per cent, said sources privy to the development.
Speaking at the 'Samudra se Samruddhi' event, where he inaugurated and laid foundation stones of projects worth Rs 34,200 crore, Modi said all the problems of India have only one solution, and that is self-reliance.
Investors who constantly hop between 'top-performing' funds often end up earning far lower returns than the very funds they invest in -- simply because they enter late and exit early. Best investors don't chase returns, they chase discipline, says Ramalingam Kalirajan.
Public sector companies and some government departments have come in for severe criticism in the India Infrastructure Report 2003. The report says the inefficiencies of PSUs have provided private firms with a huge pricing advantage.
"I don't think the only solution for us is a bank, though it could be a bank. On the other hand, if the financial system continues to grow at 20-25 per cent, there's no reason why in our current construct, we can't comfortably keep growing at that same pace," says Rajiv Lall, CEO and Managing Director, IDFC.
The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.
Pakistan's Prime Minister Shehbaz Sharif on Thursday thanked United States President Donald Trump for the 'historic' trade agreement reached between Islamabad and Washington, and expressed hope that it would expand cooperation between the two nations.
The market capitalisation of listed companies on the NSE surpassed $5 trillion (Rs 416.57 trillion) on Thursday on a day when the Nifty 50 index touched an all-time high of 22,993.60. The Nifty 500 index also touched an all-time high of 21,505.25 on Thursday indicating that growth in the equity market is not restricted to only the large capitalised stocks, a statement by NSE said.
Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
'Amazon, Meta, Google, Microsoft have large operations in India and rely on smooth trade and data flows.' 'Restrictions could raise their costs, limit AI chip exports, and complicate their India strategies.'
