L&T Infra Finance’s renewable aim receives $100 million backing from AIIB

The Beijing-based Asian Infrastructure Investment Bank (AIIB) will provide a 100 million dollar (about Rs 700 crore) loan to L&T Infrastructure Finance Company for wind and solar infrastructure projects in India.

Amid slipping profits, Reliance Industrial Infra on boards new CFO

Reliance Industrial Infrastructure Ltd (RIIL) has reported 10.4 per cent decline in its net profit for the first quarter (April to June) of current financial year 2019-20.