1.After a five-time reduction in 2019, RBI keeps repo rates unchanged at 5.15%

The real estate fraternity has expressed disappointment over the RBI’s decision.

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2.Capital Goods: NHAI – Fast tracking asset monetisation

Asset monetisation will pave the way for debt reduction

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3.RBI permitting banks to lend to InvITs positive

Now, with the availability of bank debt financing, InvIT issuances can further gain prominence, says ICRA

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4.ICRA: RBI permitting banks to lend to InvITs positive

The Reserve Bank of India (RBI) recently issued a notification on lending by banks to Infrastructure Investment Trusts (InvITs). While earlier, RBI had permitted banks to invest in units of InvITs, in the absence of clarity on lending to InvITs banks were reluctant to extend credit facilities to InvITs.

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5.Xrbia launches Singa-Pune in Dhanori, Pune

Xrbia Developers has launched Singa-Pune, designed by Mark Mahan, an established landscape architect. Based on the concept of contemporary design led by Singaporean architecture, Singa-Pune’ is a 21-acre township located at Dhanori, with an internationally designed landscape throughout the project.

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6.We consciously decided to be selective in our project evaluation

Bharat Road Network Ltd (BRNL) is a road BOT company in India focused on development, implementation, operation and maintenance of roads/highways projects.

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7.Finance ministry finally takes decision on ending disputes with infrastructure companies

Companies to get 75% of arbitration award in case of construction projects that were facing disputes

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8.Haryana rail corridor proposal gets approval

The board of directors of Haryana Rail Infrastructure Development Corp (HRIDC) has approved the DPR of the Haryana Orbital Rail Corridor Project, a new double rail line of about 130 km from Palwal to Sonipat.

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9.New Milling Tools

Wirtgen Group introduces new milling tools for soil stabilisation.

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10.Infra Spending Formula

An ‘august’ growth formula this Independence Day!

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