These are untied loans, meaning SBI has freedom to use this money to lend. They also do not come with any conditions attached for lending to specific projects or programmes.
The 12-year loan will part finance the proposed expansion of RIL's petrochemical plants and setting up of new gasification unit and refinery off-gas cracker over the next 2-3 years.
Enhancing the capacity of rolling stock including gauge conversion, doubling and laying new lines, acquisition of new coaches and wagons are some of the priorities the new ministry is expected to pursue. Keeping the terror threat perception in mind, the upgradation of security system at railway stations in major cities will be a focus area for the new government.
Global agencies have shown interest in Bihar's developmental projects. They met Bihar CM Nitish Kumar to chart out an investment plan.
Govt seeks Japanese help for Delhi, Bangalore metro projects
An article in China's Global Times warned Beijing that China needs to worry about the effect of industrial transfer to India on production chain
Japanese companies are planning investments of about Rs 75,000 crore
Downplaying concerns of delay, Amitabh Kant, managing director of Delhi-Mumbai Industrial Corridor Development Corporation (DMIC), says the project will be delivered on time.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances