News for 'virendra-mhaiskar'

India Inc leans on InvITs to reduce debt, generate returns for investors

India Inc leans on InvITs to reduce debt, generate returns for investors

Rediff.com20 Apr 2023

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of India's (Sebi's) guidelines for conversion of private unlisted InvITs into listed ones were issued.

Faster than China? India's road, rail drive could lay doubts to rest

Faster than China? India's road, rail drive could lay doubts to rest

Rediff.com1 Jun 2015

To cover most of the gap, the road ministry plans to raise $7 billion.