Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
NaBFID invests Rs 745 crore in NDR InvIT's long-term bonds
NABFID, the National Bank for Financing Infrastructure and Development, has invested ₹745 crore in the long-term bonds issued by NDR InvIT (Infrastructure Investment Trust). This investment aims to support infrastructure development in India by providing the necessary capital for the construction and operation of key projects. The move is part of NABFID's larger strategy to drive funding into India's infrastructure sector, which is essential for the country's economic growth. NDR InvIT’s bonds offer long-term stability, and this investment will contribute to enhancing the infrastructure landscape in India, aligning with the government’s goal of modernizing the nation’s infrastructure.