IIFCL raises ₹6,000 cr via debt to fund infra projects
IIFCL raised the funds through private placement of non-convertible debt securities for ₹500 and it has a greenshoe option of ₹1,000 crore
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IIFCL raised the funds through private placement of non-convertible debt securities for ₹500 and it has a greenshoe option of ₹1,000 crore
The Noida authority has directed AG Enviro Infra Projects, the door-to-door garbage collection agency in Noida, to no longer accept unsegregated waste from homes from March 20.
The Ministry of Statistics and Programme Implementation monitors infrastructure projects of Rs 150 crore and above. Of 1,673 such projects, 445 projects reported cost overruns and 557 projects were delayed.
Total original cost of implementation of the 1,673 projects was ₹22,23,791.78 crore and their anticipated completion cost is likely to be ₹26,64,649.18 crore, which reflects overall cost overruns of ₹4,40,857.40 crore (19.82% of original cost), the report said
The regulatory framework offers the company an option to migrate from the SME platform to the Mainboard platform upon fulfillment of specified criteria as provided by the Exchanges.