BM Property: Bengaluru set to witness upswing in connectivity
The grant of Rs 45,000 crore for Brand Bengaluru, along with investments in white topping, road development, and urban projects, sets the stage for enhanced infra
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The grant of Rs 45,000 crore for Brand Bengaluru, along with investments in white topping, road development, and urban projects, sets the stage for enhanced infra
Rising share of HAM model in overall ordering of road projects has increased NHAI’s debt servicing liability, perhaps limiting the pace of orders
Explore Now MUMBAI: Local investors HDFC MF, LIC of India, Nippon MF, Darashaw and Trust Capital are in talks with Mumbai-based Shrem group, which is set to launch an infrastructure investment trust (InvIT) of Rs 600 crore via an initial public offer, two people with knowledge of the matter told ET. The company will also raise about Rs 3,500 crore loan from the State Bank of India at a rate in the range of 7-7.35 percent with 15-year maturity as it seeks to repay existing high-cost debt. Final sanction for the loan is awaited. “Shrem has reached out to many investors that are currently in ...