Niif

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Niif - Total results - 37
ADB to invest $100 million in Indian infrastructure sector via government-promoted NIIF
Business

ADB to invest $100 million in Indian infrastructure sector via government-promoted NIIF

Multilateral institution Asian Development Bank (ADB) on Monday announced a $100 million funding for the Indian infrastructure sector through the government-promoted NIIF

Private equity, VC investments hit record high of $48 bn in 2019; huge fund flow to infrastructure sector drives growth: Report
Business

Private equity, VC investments hit record high of $48 bn in 2019; huge fund flow to infrastructure sector drives growth: Report

As per the report, private equity/VC investments in infrastructure space were at $14.5 billion in 2019, which were higher than the cumulative PE/VC infrastructure investments received in the previous seven years.

GVK Group companies to raise Rs 7,614 cr to retire debt, Bidvest, ACSA stakes in Mumbai Airport
Business

GVK Group companies to raise Rs 7,614 cr to retire debt, Bidvest, ACSA stakes in Mumbai Airport

GVK Reddy will continue as Executive Chairman and GV Sanjay Reddy as Managing Director in both MIAL and NMIAL

India to boost infra spend from $1.1 trillion in last decade to $1.4 trillion in next 5 years to reach $5 trillion economy, says Nirmala Sitharaman at IMF
Business

India to boost infra spend from $1.1 trillion in last decade to $1.4 trillion in next 5 years to reach $5 trillion economy, says Nirmala Sitharaman at IMF

India, Nirmala Sitharaman said, has taken various steps to enhance infrastructure investment by launching innovative financial vehicles

Jet Airways crisis: NCLT asks operational creditors to again serve legal notices to airline, adjourns hearing to 20 June
Business

Jet Airways crisis: NCLT asks operational creditors to again serve legal notices to airline, adjourns hearing to 20 June

The banks have appointed SBI Capital Markets as the investment banker to find an investor to scout investors for Jet Airways.

Jet Airways crisis: Two operational creditors drag debt-laden airline to NCLT, next hearing on 13 June
Business

Jet Airways crisis: Two operational creditors drag debt-laden airline to NCLT, next hearing on 13 June

The tribunal issued notices to Jet Airways and banks which own the airline now and posted the matter for further hearing on 13 June when it will decide on admitting or rejecting the bankruptcy pleas.

Grounded Jet Airways shares plummet over 24% in one month; market valuation erodes by Rs 451.26 cr to Rs 1,409 cr
Business

Grounded Jet Airways shares plummet over 24% in one month; market valuation erodes by Rs 451.26 cr to Rs 1,409 cr

In one month, shares of Jet Airways tumbled 24.28 percent to Rs 124.10 on the BSE Friday from Rs 163.90 on 18 April

Jet Airways crisis: Exodus of top executives continues, two more senior officials quit airline taking total exits to 6 in two days
Business

Jet Airways crisis: Exodus of top executives continues, two more senior officials quit airline taking total exits to 6 in two days

The exodus of the top deck in Jet Airways is termed as a major setback to the efforts to revive the debt-laden airline by its lenders.

Jet Airways revival: Lenders may initiate fresh talks with NIIF soon; reach out to Hinduja group offering stake in airline
Business

Jet Airways revival: Lenders may initiate fresh talks with NIIF soon; reach out to Hinduja group offering stake in airline

This move is a major step towards reviving Jet Airways, which suspended its entire operations on 17 April due to acute liquidity crunch, the report said.

Jet Airways CEO Vinay Dube quits: With top executives deserting ailing airline, is there any hope left for its revival?
Business

Jet Airways CEO Vinay Dube quits: With top executives deserting ailing airline, is there any hope left for its revival?

With the top level management throwing in the towel today, is now clear that there is no future for Jet Airways.

Jet Airways revival: Etihad Airways bids for minority stake in beleaguered airline; SBI-led lenders’ consortium, NIIF to get hit
Business

Jet Airways revival: Etihad Airways bids for minority stake in beleaguered airline; SBI-led lenders’ consortium, NIIF to get hit

Etihad Airways’ decision to bid for Jet Airways could possibly be a way to preserve the bilateral it was given, as well as to protect its India feed.

Jet Airways crisis: Etihad Airways bid in cash-strapped airline comes as a sign of relief but hinges on finding another partner
Business

Jet Airways crisis: Etihad Airways bid in cash-strapped airline comes as a sign of relief but hinges on finding another partner

Etihad’s bid for Jet Airways is a sort of a surprise as it has run up $4.8 billion worth of losses over the past three years

Jet Airways employees’ bailout offer: No harm in trying because buyer apathy in any case stares at banks
Business

Jet Airways employees’ bailout offer: No harm in trying because buyer apathy in any case stares at banks

Unfortunately for Jet Airways employees, there is nothing to leverage with the grounded airline's net worth in the negative.

Jet Airways revival at stake; shortlisted bidders find no value in parking funds in embattled airline
Business

Jet Airways revival at stake; shortlisted bidders find no value in parking funds in embattled airline

Etihad, which was keen to buy controlling stake in Jet Airways, has reportedly had a second thought to go ahead with the investment process as it could not find any value left in the embattled airline.

Jet Airways crisis: Lenders keen on resolution outside insolvency law framework in case bidding process fails
Business

Jet Airways crisis: Lenders keen on resolution outside insolvency law framework in case bidding process fails

Running into debt of more than Rs 8,500 crore, Jet Airways has shut down operations temporarily after lenders decided against extending emergency funds for its survival

Bombay HC refuses to intervene in Jet Airways crisis, says it cannot ask govt, RBI to release fund
Business

Bombay HC refuses to intervene in Jet Airways crisis, says it cannot ask govt, RBI to release fund

Jet Airways' last flight landed at the city airport past midnight from Amritsar and became the seventh carrier to shutter operations in the past five years.

Jet Airways lenders 'reasonably hopeful' of getting successful bids for grounded cash-strapped airline
Business

Jet Airways lenders 'reasonably hopeful' of getting successful bids for grounded cash-strapped airline

Jet Airways still has a market capitalisation of about $400 million, as investors have clung to hopes of a rescue deal being clinched.

Jet Airways CEO says all jobs can't be secured during sale process; has 'no answer' for fate of over 20,000 employees
Business

Jet Airways CEO says all jobs can't be secured during sale process; has 'no answer' for fate of over 20,000 employees

Jet Airways owes over three months salaries to 15 percent of the staff comprising senior management, pilots and engineers

Lessors rush to repossess 4 more Jet Airways' Boeing 737 planes, as debt-laden airline stares at shutdown
Business

Lessors rush to repossess 4 more Jet Airways' Boeing 737 planes, as debt-laden airline stares at shutdown

Jet Airways CEO Vinay Dube said on Tuesday in a letter to employees that the carrier had stressed to its lenders the need for some urgent funding, critical to the continuation of its operations.

Jet Airways lenders pick four bidders for debt-laden airline's stake sale; uncertainty over emergency funding continues
Business

Jet Airways lenders pick four bidders for debt-laden airline's stake sale; uncertainty over emergency funding continues

Jet Airways chief executive Vinay Dube in an internal communication has said the lenders could not decide on the emergency funding and that the board of the airline will meet on Tuesday to take a call on the future.