BSEL Infrastructure Realty, one of the leading infrastructure development company, has informed that its board of directors has decided to raise up to US$100 million.
The fund would be raised by way of GDR/ADR/FCCB/ and or other securities linked to equity / preference shares and or any instrument or securities representing convertible securities.
Manganese and chrome alloy producer Nava Bharat Ventures has informed that their Consortium comprising Maytas Infra Limited, Ital Thai Development Public Company Limited and Infrastructure Leasing and Financial Services Limited ('NMII Consortium') has received a Letter of Award (LoA) from Government of Andhra Pradesh (GoAP) for undertaking the development of the Hyderabad Metro Rail (MRTS) Project on Design, Build, Finance, Operate and Transfer (the "DBFOT") basis.