Reliance Retail, which is aggressively expanding its presence across the channels, is investing in backend infrastructure such as warehousing, supply chain, logistics infrastructure and facilities
NHAI InvIT is the infrastructure investment trust sponsored by the National Highway Authority of India (NHAI) to support the government's National Monetisation Pipeline (NMP)
Sebi has decided to give individual investors the ability to block money through UPI when applying in public offerings of InvITs.
The ministry has constructed 4,766 km of National Highways up to November 2022-23 compared to 5,1.18 km constructed till November 2021-22
IIFCL invested Rs 975 crore in project bonds, including around Rs 324 crore of bonds in renewable energy InvIT during 2021-22
The InvITs and REITs will have to try to consider the different time zones of their unitholders in fixing up these virtual meetings and other mandatory guidelines. Read below to find out more about those.
Proceeds of the issue will be used to repay certain loans obtained by the Project SPVs (special purpose vehicles) and for general corporate purposes, according to the draft red herring prospectus (DRHP)
The new rule will apply to a public issue of units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT), which opens on or after June 1.