Page-2 of NIIF
AIIB to invest $200 million into NIIF to boost infrastructure projects
The Asian Infrastructure Investment Bank (AIIB) has approved investment of $200 million in India’s National Investment & Infrastructure Fund (NIIF) to give greater impetus to mega infrastructure projects. It will be investing US $100 million now and remaining $100 million ..
Month: Current Affairs - June, 2018
First NIIF investment: To set up $3-billion platform with DP World
The National Investment and Infrastructure Fund (NIIF) has made its first investment by partnering with DP World to create $3-billion investment platform for ports, terminals, transportation and logistics businesses in India. The platform will invest in opportunities in ports sector ..
Month: Current Affairs - January, 2018
First Investment Agreement signed between NIIF and Abu Dhabi Investment Authority
India’s National Investment and Infrastructure Fund (NIIF) of India on has signed an investment agreement worth $1 billion with Abu Dhabi Investment Authority (ADIA). With this, ADIA became first institutional investor in NIIF’s Master Fund and shareholder in NIIF’s investment ..
Month: Current Affairs - October, 2017
Sujoy Bose appointed as first CEO of NIIF
The Union Government has appointed Sujoy Bose as the first Chief Executive Officer (CEO) of National Investment and Infrastructure Fund (NIIF). His selection for the CEO of NIIF was recommended by a search-cum-selection committee under the chairmanship of Economic Affairs ..
Month: Current Affairs - June, 2016
Union Cabinet gives nod to India, UAE MoU on NIIF
The Union Cabinet has given its approval for a MoU between India and United Arab Emirates (UAE) to mobilise long-term investment in National Investment and Infrastructure Fund (NIIF). Decision in this regard was taken by Union Cabinet meeting chaired by ..