Page 6 - இந்தியன் ரயில்வே நிதி நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IRFC, UTI AMC likely to get added in FTSE indices during rebalancing

State-owned Indian Railway Finance Corporation (IRFC) and UTI Asset Management Company (AMC) are likely to get included in FTSE global indices during their quarterly rebalancing later this week. “In terms of fresh inclusions, we expect IRFC to get included in the All World and All Cap index and also expect UTI AMC to get included in the All Cap (Small Cap) index,” said Sriram Velayudhan, Vice President at IIFL Securities in a note. China-based Fosun Pharma-led Gland Pharma also meets the qualification criteria, but limited room for overseas investment could spoil its chances. The quarterly adjustments to FTSE global equity indices will be announced on May 21 and the changes will become effective from June 18.

Sriram velayudhanAsset management companyIndian railway finance corporationState owned indian railway finance corporationManagement companyAll worldAll capSmall capVice presidentFosun pharma led glandUti amcMarkets latest updatesMarkets latest newsStock marketsஸ்ரீராம் வேலாயுதன்சொத்து மேலாண்மை நிறுவனம்

Board of IRFC approves authorisation of market borrowing for FY22

Board of IRFC approves authorisation of market borrowing for FY22
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Indian railways finance corporationIncome tax actCapital marketஇந்தியன் ரயில்வே நிதி நிறுவனம்வருமானம் வரி நாடகம்மூலதனம் சந்தை

E-investing- Business News

E-investing Institutional investors, who always focussed on G (governance), are now increasingly engaging with investee companies on the E (environment) and the S (social) part Illustration by Siddhant Jumde In March, Hero Future Energies, the renewable energy venture of the Hero Group, received an overwhelming response for its overseas green bonds with investors pouring in over $3 billion for expansion of its renewable energy portfolio abroad as well as in domestic market. The six-year maturity money was raised from insurers and institutional funds at a coupon rate of 4.25 per cent. Another renewable energy company, Hyderabad-based Gre- enko Energy Holdings, mobilised close to a billion dollars through green bonds for refinancing its debt. Though renewable players are finding acceptance amongst global investors, Indian issuers are a bit slow in tapping the huge global pool of green investors.

Andhra pradeshSambitosh mohapatraSanjeev krishanManish chourasiaChirag mehtaDavid rasquinhaAbhay laijawalaEnergy holdingsBank rasquinhaTata cleantech capitalHero groupSenior fundInstitutional investor advisory services iiIndian railway finance corporationVolkswagen groupRenewable energy development corporation

India Inc s overseas borrowing touches $9 23 billion, a two year high in March

The sudden spike in March 2021 can largely be attributed to Indian Railway Finance Corporation (IRFC) which raised $4.92 billion External commercial borrowings (ECBs) of Indian corporates have hit a two-year high of $9.23 billion in March 2021. Prior to this, the overseas borrowing of India Inc touched a monthly high of $12.18 billion in March 2019. The spike in overseas borrowing comes after months of lacklustre demand for external debt due to surplus liquidity in the domestic market, muted credit demand and absence of major expansion plans by Indian corporates since the onset of the pandemic. After hitting an historic high of $52 billion in FY20, overseas borrowing of India Inc fell sharply since the beginning of FY21. Overseas debt of Indian companies fell to $3.51 billion in the first quarter of FY21 after recording a high of $19 billion in the previous quarter. However, with multiple phases of unlocking and rebound in economic activity, the external fund-raising picked up mo

Videsh rovumaAdity chaudhuryIndian railway finance corporationIndia incReliance industriesDebt market reviewAdani portsஇந்தியன் ரயில்வே நிதி நிறுவனம்இந்தியா இன்க்நம்பகத்தன்மை தொழில்கள்அதானி போர்ட்ஸ்

Green bonds, a sustainable capital option for climate change projects

‘Green bonds, a sustainable capital option for climate change projects’ May 11, 2021 Need focus on national investment strategy towards low carbon push, says Deepto Roy Green bonds have the potential to provide sustainable capital for climate change projects such as electric vehicles, mass rapid transport systems, water and irrigation management and renewable energy. “While India has seen sustained investment in renewable energy over the last 8-10 years, which has resulted in accelerated growth for the sector, significant investments are still required. And the Indian economy requires massive long term, cost-effective financing for other green sectors, where green bonds could provide the much needed support,” according to Deepto Roy, Partner Project & Project Finance, Shardul Amarchand Mangaldas & Co.

Deepto royAgence francaiseExim bankAxis bankInternational finance corporationIndian railways finance corporationShardul amarchand mangaldas coInternational platform of sustainable financeSecurities exchange board of indiaPartner projectProject financeShardul amarchand mangaldasChina lightPower wind farmsExchange boardJain irrigation