Finance to Large Infra Project

By Accommodation Times Bureau  NEW DELHI Pon Radhakrishnan, Minister of State for Finance, informed Lok Sabha today that the government has taken several steps to mobilize funds from various sources, including from capital market, for development of infrastructure. Steps include launching of innovative financial vehicles such as Infrastructure Debt Funds, Infrastructure Investment

NHAI sells long tenure bonds, borrows Rs 5 000 cr from EPFO for Bharatmala road project

By Accommodation Times Bureau Mumbai To help government’s Bharatmala road project, National Highway Authority of India (NHAI) sells long tenure bonds to country’s biggest debt buyer Employees’ Provident Fund Organisation (EPFO) and borrowed Rs 5,000 crore to aid the government’s road project. These bonds will mature in 15 years, but those securities have