New Delhi, March 19 (IANS) India’s Infrastructure Investment Trusts (InvITs) are expected to see the industry’s assets under management grow by about Rs 1 lakh crore in FY26, a report said on Thursday.The report from CareEdge Ratings said AUM of these trusts doubled from about Rs 3 lakh crore in FY22 to roughly Rs 6.25 lakh crore by FY25.Combined leverage or total external debt to enterprise value is expected to remain at around 49 per cent in FY26, driven by higher valuations from equity ra…
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Guwahati, March 2 (IANS) Chief Minister Himanta Biswa Sarma on Monday said that Assam has made significant strides in strengthening its connectivity infrastructure, asserting that the state is “acing the connectivity game” both in speed and scale. In a post on social media platform X, Sarma highlighted the pace of infrastructure development achieved since 2021, stating that the government has been constructing an average of 13 kilometres of roads every day and five bridges every week.He said…
Gandhinagar, Feb 5 (IANS) Gujarat has taken a significant step in strengthening healthcare and regional development with the introduction of 14 advanced MRI machines and the inauguration of 31 development projects in Kheda district. The new MRI machines, each featuring 1.5 Tesla technology and valued at Rs 12.75 crore, have been purchased at a total cost of Rs 178.54 crore on Thursday.They will be installed at GMERS and Civil Hospitals in Dharpur, Vadnagar, Valsad, Junagadh, Navsari, Rajpipla, G…