NaBFID raises Rs 50 billion through bond issuance
NaBFID has raised Rs 50 billion through the issuance of long-term bonds. The 15-year bonds carry a coupon rate of 7.25 per cent with a face value of Rs 100,000 each. The issue size comprised […]
NHAI to invest over Rs 150 billion in Uttar Pradesh Highway Projects
The National Highways Authority of India (NHAI) plans to invest over Rs 150 billion in new highway projects across Uttar Pradesh to enhance cargo and passenger movement. Several districts, including Kanpur, Bareilly, Barabanki, Bahraich, Agra, […]
EEDL signs SPA to acquire 100 per cent stake distribution company in Chandigarh
Eminent Electricity Distribution Limited (EEDL), a wholly owned subsidiary of CESC Limited, has signed an SPA with Chandigarh Power Distribution Limited (CPDL) for the acquisition of 100 per cent equity in the distribution company for […]