NaBFID and NDB Partner to Boost Infrastructure Financing
AVIATION & AIRPORTS

NaBFID and NDB Partner to Boost Infrastructure Financing

The National Bank for Financing Infrastructure and Development (NaBFID) has signed a Memorandum of Understanding (MoU) with the New Development Bank (NDB) to advance infrastructure financing in India, with a focus on clean energy and sustainable projects. ...

The National Bank for Financing Infrastructure and Development (NaBFID) has signed a Memorandum of Understanding (MoU) with the New Development Bank (NDB) to advance infrastructure financing in India, with a focus on clean energy and sustainable projects. NDB, a multilateral development bank established by BRICS countries, aims to mobilise resources for infrastructure and sustainable development in emerging markets. The partnership will bridge the financing gap and explore long-term collaborations, including technical expertise exchange. The MoU sets the stage for joint efforts in clean energy, transportation, and water management projects. It also includes research, capacity-building initiatives, and knowledge-sharing activities. NaBFID's MD Rajkiran Rai G expressed confidence that the partnership will accelerate financing for clean energy and social impact projects, creating long-term value. NDB's Vice President Vladimir Kazbekov highlighted the shared vision for sustainable and inclusive development.

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Real Estate

Della, Hiranandani & Krisala unveil Rs 11 billion themed township in Pune

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Hansgrohe unveils LavaPura Element S e-toilets in India

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Infrastructure Urban

HCC Net Profit Stands at Rs 2.28 Billion for Q4 FY25

Hindustan Construction Company (HCC) reported a standalone net profit of Rs 2.28 billion in Q4 FY25, a sharp increase from Rs 388 million in Q4 FY24. Standalone revenue for the quarter stood at Rs 13.30 billion, compared to Rs 14.28 billion in Q4 FY24. For the full fiscal year, the company reported a standalone net profit of Rs 849 million, down from Rs 1.79 billion in FY24. Standalone revenue for FY25 was Rs 48.01 billion, compared to Rs 50.43 billion in the previous year.Consolidated revenue for Q4 FY25 stood at Rs 13.74 billion, and for FY25 at Rs 56.03 billion, down from Rs 17.73 billion i..

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