Ukrainian energy facilities have come under a massive attack from Russia, in the latest onslaught targeting the country’s power grid, officials say. It is the eighth time Russia has launched an attack on energy infrastructure facilities in the past three months, Ukraine’s energy ministry said. Air defence systems shot down 12 of 16 missiles and...
Category: Infra
Post
Post
Sewage contamination of British waterways reveals infrastructure problems ahead of election
HENLEY-ON-THAMES, England (AP) — Endurance swimmer Joan Fennelly is undaunted by frigid water and long distances, swimming year-round in the wild. But she takes extra precautions in her own backyard. The River Thames is one of Britain’s many waterways contaminated with sewage and agricultural pollution. “If it looks right, if it smells right, I’ll go...
Post
CVC in talks to buy infrastructure services giant M Group
CVC Capital Partners, the newly listed private equity giant, is in advanced talks to buy one of Britain’s biggest infrastructure services providers. Sky News understands that CVC, which floated in Amsterdam last month, is the final remaining bidder for M Group. CVC is said to have seen off competition from rival bidders including Apollo Global...
Post
Budget 2024: India looks for infra push; may tap funds from UK, Saudi & Japan
In the upcoming Budget, Finance Minister Nirmala Sitharaman is expected to prioritise infrastructure investment, which is considered vital for generating demand for steel, cement, and other inputs, as well as for creating jobs. The Indian government is seeking to tap funds from the UK, Saudi Arabia, and Japan to finance its mega infrastructure ambitions, ToI...
Post
Lopez-led infra unit earns top UK plum
First Balfour Inc., a unit of the Lopez Group, engaged in the engineering and construction business, has received the highest level of recognition as an employer from Investors in People (IIP), a London-based international body that sets global standards in people management. First Balfour has earned the IIP’s Platinum Award accreditation after it hurdled the...
Post
Taylor Swift’s London Eras Tour poses potential delay for Bank of England rate cut: CNBC | Stock Market News
Taylor Swift’s record-breaking Eras Tour is significantly boosting consumer spending as it reaches the U.K., potentially complicating the Bank of England’s efforts to control inflation, CNBC reported. TD Securities told CNBC that the influx of hundreds of thousands of fans to London in August for Swift’s final U.K. performances could stimulate the economy enough to...
Post
Latest Market News Today Live Updates June 15, 2024: Oil reports best weekly gains since April on robust demand outlook for 2024; Brent up 4% at $82/bbl
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on...
Post
Top Infrastructure Debt Fund Managers | Infrastructure Debt 30
METHODOLOGY The 2024 Infrastructure Investor Debt ranking is based on the amount of direct infrastructure debt investment capital raised by firms between 1 January 2018 and 31 August 2023. Where two firms have raised the same amount of capital over this time period, the higher II Debt ranking rank goes to the firm with the...
Post
Labour manifesto promises infrastructure and planning overhaul | Construction News
The Labour Party has promised to overhaul planning rules and fund infrastructure in a bid to revive the economy. In a 132-page manifesto published ahead of the 4 July general election, the Labour Party pledged to shred planning constraints for infrastructure and housing, adding that it would reform delivery of infrastructure and use its muscle...
Post
Questor: This infrastructure fund is building itself back up
Fund manager Edward Hunt said three new investments had improved HICL’s ability to deliver income and capital growth. He said the portfolio was split between high-yielding, mature PPP investments and younger projects of up to 48 years that could generate 7pc annual growth. All this pleased Capital Gearing Trust, a defensive £1bn global portfolio also...
Post
Over-60s ‘free’ travel applicants to pay £20 to access scheme: Infrastructure Minister announces
Those over 60 can apply for a Translink Smartpass but will now be subject to an application fee, expected to be about £20 for those aged 60-64. Over-60s are entitled to travel on public buses and trains for free in Northern Ireland regardless of their income. Infrastructure minister John O’Dowd said he wanted to protect...
Post
PNC Infra shares tank 10% following CBI raid on company
Shares of PNC Infra plummeted 10% to Rs 470 in Tuesday’s trade on BSE after the Central Bureau of Investigation (CBI) conducted searches at the company’s corporate office and the residences of the managing director (MD) and whole-time director. The CBI also arrested four employees of the company in connection with a bribery case. Media...