Infrastructure sector bats for continued govt-led capex thrust in Funds

Infrastructure leaders have urged continued deal with the federal government’s capex-led development technique within the upcoming Funds to additional increase the financial system. At a pre-budget assembly, Chaired by Financial Affairs Secretary Ajay Seth, right here on Saturday, infrastructure trade honchos have sought a minimum of a 30 p.c hike within the Centre’s capex allocation … Read more

ICICI Lombard launches surety insurance coverage for infra sector

ICICI Lombard has launched Surety Insurance coverage to offer danger mitigation options for India’s burgeoning infrastructure sector. Surety insurance coverage acts as a assure to a beneficiary (usually an authority or consumer) {that a} principal debtor (normally a contractor) will fulfil their contractual obligations. Additionally learn: Capital Small Finance Financial institution, ICICI Lombard enter into … Read more