Highway developers cheered the Union Budget's step to allow foreign funds to invest in bonds of unlisted special purpose vehicles of infrastructure companies.
For its proposed Lucknow Metro rail project, the Uttar Pradesh government is actively pursuing foreign funds. A seed capital of Rs 350 crore is to be provided by three State government agencies for the Metro rail project.
As demand for India’s consumption and e-commerce story gets a boost
Of PE investments worth $4 bn in Indian realty, commercial attracted 70%