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With a net asset base of nearly US$25 billion, it is one of India's largest infrastructure development companies. GMR Group is famous for operating the Indira Gandhi International Airport in Palam, Delhi. As per the Forbes list of India’s 100 richest tycoons, dated October 9, 2024, Rao is ranked 78th with a net worth of $3.99 Billion. [2]
IFCI, previously Industrial Finance Corporation of India, is a development finance institution under the ownership of Ministry of Finance, Government of India. [1] Established in 1948 as a statutory corporation, IFCI is currently a company listed on BSE and NSE. IFCI has seven subsidiaries and one associate.
It operates through more than 250 subsidiaries including IL&FS Investment managers, IL&FS financial services and IL&FS Transportation networks India Limited (ITNL). [6] Its projects include some of the largest infrastructure projects in India including India's longest tunnel , Dr. Syama Prasad Mookerjee Tunnel , which opened for traffic in ...
National Investment and Infrastructure Fund Limited (NIIFL) is an Indian public sector company which maintains infrastructure investments funds for international and Indian investors anchored by the Government of India. The objective behind creating this organisation was to catalyse capital into the country and support its growth needs across ...
Migrant workers in the United Arab Emirates describe the foreign workers who have moved to the United Arab Emirates (UAE) for work. As a result of the proximity of the UAE to South Asia and a better economy and job opportunities, most of the migrant foreign workers are from India, Nepal, Sri Lanka, Bangladesh, Philippines and Pakistan. [1]
Infrastructure Development Finance Company Limited, more commonly known as IDFC, was a development finance institution based in India under the Department of Financial Services, Government of India. [2] It provided finance and advisory services for infrastructure projects, as well as asset management and investment banking. [3]
Essar Group [2] is an Indian multinational conglomerate company, founded by Shashi Ruia and Ravi Ruia in 1969. The company, known as Essar Global Fund Limited (EGFL), owns a variety of assets in the core sectors of energy (oil refining, oil and gas exploration and production, power), infrastructure & logistics (ports, projects), metals & mining, technology, and retail (oilfield services ...
In 2015, the firm launched its second infrastructure fund with a value of $500 million. [26] In 2010, acquisition of a 20% stake in NYSE listed AerCap, the stake rose to 26.3% in 2014. [27] In 2014, acquisition of 90% stake of National Petroleum Services in Saudi Arabia, UAE, Qatar, Algeria, Malaysia, Brunei, India and Turkmenistan. [18]