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  • [ May 8, 2026 ] Sagarmala Finance Corporation sanctions around Rs 109 billion within five months of commencing lending operations Ports & Shipping
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  • [ May 7, 2026 ] Rising Tide: Trends and opportunities in maritime development Ports & Shipping
  • [ May 7, 2026 ] New Growth Phase: Indian ports expand capacity to support rising trade volumes Ports & Shipping
  • [ May 7, 2026 ] Expanding Horizons: Upcoming mega projects to enhance cargo handling capacity Ports & Shipping
  • [ May 7, 2026 ] Navigating Uncertainty: Maritime disruptions and India’s strategic opportunity Ports & Shipping
  • [ May 7, 2026 ] Interview with Rinkesh Roy: “The sector continues to evolve towards large-scale, high-efficiency operations” Ports & Shipping
Home2019November

Month: November 2019

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Urban Infrastructure

Forest department allots 53 hectares of land for Surya regional bulk WSS in Maharashtra

November 9, 2019

The Maharashtra forest department allotted 53 hectares of land for the Surya regional bulk water supply scheme (WSS) on October 30, 2019. The Mumbai Metropolitan Region Development Authority is implementing the regional WSS for meeting […]

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Urban Infrastructure

Work on Janibili water supply project to be completed by January 2020

November 9, 2019

The construction work on the Janibili water supply project (Improvement of Water Supply to Greater Berhampur) is expected to be completed by January 2020. The project has been awarded to L&T and involves laying of […]

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Urban Infrastructure

Feasibility report submitted to CMRL for Coimbatore metro

November 9, 2019

The feasibility report for the Coimbatore metro rail project has been submitted to Chennai Metro Rail Limited for approval. It has been prepared by a consortium of Systra MVA Consulting (India) Private Limited and RITES […]

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Sanctions/ Grants

TN government sanctions funds worth Rs 11.47 billion to upgrade rural roads in the state

November 9, 2019

The Tamil Nadu government has sanctioned funds worth Rs 11.47 billion to upgrade rural roads in the state. The upgrade comes under the category of “other district roads” which include six-lane/intermediate lane stretches that connect […]

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Loans

ADB approves loan worth Rs 34.66 billion for road project in Madhya Pradesh

November 9, 2019

The Asian Development Bank (ADB) has approved a loan worth Rs 34.66 billion for a road development project in Madhya Pradesh. The project includes upgradation of state highways spanning 750 km and major district roads […]

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Loans

ADB approves loan worth $451 million for strengthening power connectivity along CKIC

November 9, 2019

ADB has agreed to provide a $451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai-Kanyakumari Industrial Corridor (CKIC). The project will allow more power, including renewable energy, to […]

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Loans

JSW Group repays Rs 12 billion debt by pledging shares

November 9, 2019

The JSW Group has repaid Rs 12 billion worth of loans raised by pledging shares of JSW Steel and JSW Energy. Following the repayment, the pledged shares of both the companies have been released by […]

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Bonds/Securities

BSNL to soon raise Rs 150 billion through sovereign bonds

November 9, 2019

State-run Bharat Sanchar Nigam Limited (BSNL) is planning to issue sovereign bonds for raising Rs 150 billion in December 2019. The operator has already written to the Department of Telecommunications (DoT) seeking its approval to […]

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Bonds/Securities

Air India Assets Holding raises another Rs 79.85 billion via bonds

November 9, 2019

Air India Assets Holding Limited (AIAHL), the special purpose vehicle (SPV) formed for offloading Air India’s existing debt, has issued bonds for the third time raising funds worth Rs 79.85 billion. This bond issue has […]

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Bonds/Securities

HPCL-Mittal Energyraises $300 million via offshore bond sale

November 9, 2019

HPCL-Mittal Energy (HMEL), a joint venture (JV) between Hindustan Petroleum Corporation Limited and Mittal Energy Investment, Singapore, has raised $300 million by selling bonds to offshore investors. The company plans to use the proceeds to […]

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InvITs/REITs

Edelweiss Alternative Asset Advisors Limited commences Phase II of fundraising for InvIT

November 9, 2019

Edelweiss Alternative Asset Advisors Limited has commenced Phase II of fundraising for its infrastructure investment trust (InvIT) Edelweiss Infrastructure Yield Plus Fund (EIYP), and is likely to close the fund at $750 million by early […]

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InvITs/REITs

CDPQ plans InvIT for its road assets

November 9, 2019

Reportedly, Caisse de dépôt et placement du Québec (CDPQ) is planning to set up an InvIT to house road assets acquired by the Canadian pension fund manager. It is exploring the setting up of an […]

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IPO/QIP

Government plans to divest up to 25 per cent stake in RailTel through an IPO

November 9, 2019

As per industry sources, the government is planning to divest up to 25 per cent stake in RailTel Corporation through an initial public offering (IPO). To this end, the government is reportedly looking for advertising […]

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Equity Moves

France’s Total to buy 37.4 per cent stake in Adani Gas for $868 million

November 9, 2019

French energy giant Total SA has agreed to buy a 37.4 per cent stake in Adani Gas Limited for as much as Rs 61.55 billion ($868.5 million). Total has made an open offer to public […]

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Equity Moves

Cochin Shipyard acquires 26 per cent in Hooghly Cochin Shipyard for Rs 50.6 million

November 9, 2019

Cochin Shipyard Limited (CSL) has acquired a 26 per cent stake in Hooghly Cochin Shipyard Limited (HCSL) from Hooghly Dock and Port Engineers Limited (HDPEL) for a consideration of Rs 50.6 million. Prior to the […]

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Equity Moves

GIC exits shipping firm Mercator with big haircut

November 9, 2019

Singapore sovereign wealth fund GIC has exited shipping company Mercator Limited with a huge haircut. GIC sold its entire 7.77 per cent stake in Mumbai-based Mercator Limited recently, taking a meagre Rs 30 million. The […]

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Equity Moves

Logistics-tech startup ElasticRun raises $40 million from Prosus Ventures and others

November 9, 2019

Logistics and distribution firm ElasticRun has raised $40 million (approximately Rs 2.84 billion) in a funding round led by Prosus Ventures, formerly known as Naspers Ventures. Existing investors Avataar Ventures and Kalaari Capital also participated […]

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Mergers & Acquisitions

Indus-Bharti Infratel merger deadline extended to end-December 2019

November 9, 2019

The board of Bharti Infratel has extended the deadline to complete its merger with Indus Towers by 60 days to December 24, 2019. The dilution of shares by existing holders, however, will be lower than […]

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Mergers & Acquisitions

Abu Dhabi’s Masdar invests $150 million in Hero Future Energies

November 9, 2019

UAE-based Masdar Clean Energy has invested around $150 million in Hero Future Energies (HFE). This is the second such strategic investment in HFE since 2017, when an investment of $125 million was made by the […]

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Mergers & Acquisitions

Sadbhav Infrastructure Projects Limited merges with Sadbhav Engineering Limited

November 9, 2019

In a corporate announcement, Sadbhav Infrastructure Projects Limited announced its merger with Sadbhav Engineering Limited on October 19, 2019. Besides, Sadbhav Infrastructure Projects Limited has received the requisite approvals for transfer of 100 per cent […]

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Recent Posts

  • Expanding Horizons: Upcoming mega projects to enhance cargo handling capacity

    May 7, 2026
    India’s maritime sector has been steadily evolving with a growing focus on building larger and more capable port infrastructure. Alongside …Read More »
  • Navigating Uncertainty: Maritime disruptions and India’s strategic opportunity

    May 7, 2026
    By Krishna Kotak, Chairman, JM Baxi The port and maritime segments have witnessed some incredible developments in the last several …Read More »
  • Interview with Rinkesh Roy: “The sector continues to evolve towards large-scale, high-efficiency operations”

    May 7, 2026
    India’s port sector is steadily transitioning into a more efficient, large-scale and future-ready ecosystem, backed by sustained government investment in …Read More »

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