National Investment And Infrastructure Fund
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Naresh Goyal's personal ambition holds Jet Airways back from resurrection; is slow death awaiting India's once favoured airline?
Ajay Awtaney •For Jet Airways, in their Silver Jubilee year, the airline is battling with what is their biggest existential crisis at the moment.

Jet Airways seeks to raise about Rs 6,000 cr from govt fund, stake sale; shares rise 7.5%
•et Airways said on Thursday its board had approved a rescue deal that will make its lenders its largest shareholders and fix a near Rs 8,500 crore funding gap.

UAE ambassador to India says nation committed to joining hands with India to fight terror
Ians •The UAE denounces terrorism and regularly shares information with India in the fight against this global scourge, the Gulf nation's Ambassador to India Ahmed Albanna said on Tuesday

Demonetisation effect: World Bank says India's growth expected to decelerate to 7% in 2017
•"Unexpected demonetisation', the phasing out of large-denomination currency notes which were subsequently replaced with new onesweighed on growth in the third quarter of FY2017," the World Bank said.

Brics Summit in Goa: Russian state fund to co-invest $1 billion in India's Infra Fund
•India is courting international investors to help finance new roads, railways and power projects that the country needs.

NIIF to commence funding infra-related projects in few days: Arun Jaitley
•The government had set up the Rs 40,000-crore fund in December last year as an investment vehicle for funding commercially viable greenfield, brownfield and stalled projects



