Shorts

Municipal bonds : Financing our urban infrastructure since 1990’s

In April 2021 Ghaziabad municipal corporation became the 10th city in India to raise equity via municipal bonds via public issue and chief minister Yogi Adityanath said that four more of its cities are about to raise funds via municipal bonds this year. So in this story we will see what municipal bonds are and why it has become inevitable for municipal corporations here in our country to raise funds.

Shorts

POWERGRID Infrastructure Investment Trust

Power Grid Infrastructure Investment Trust(PG InvIT) launched its initial public offering today. In this article, We briefly explain about Infrastructure Investment Trust and the IPO. Infrastructure Investment Trust : India has a requirement of investment worth Rs. 50 trillion (US $777.73 billion) across infrastructure by 2022 for a sustainable development in the country. This signfies […]

Shorts

75 Years of L&T Construction & Mining Machinery Business (CMB).

Larsen & Toubro, an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, has completed Platinum Jubilee of one of its oldest businesses, Construction & Mining Machinery Business (CMB). The CMB division focuses on distribution and after-sales service for hydraulic excavators and dump trucks manufactured by Komatsu India Private Limited (KIPL) and other mining and […]

Shorts

Better Roads Ahead

NHAI mandated Network survey vehicle(NSV) to survey the road conditions at the time of completion of the project and every six months thereafter to enhance the quality of roads in India. NSV, a data collecting vehicle uses the latest survey techniques and technologies for the measurement of distresses in the road surface. NHAI one of […]