On the 26 January Infrastructure India plc (IIP) announced that it had secured a further US$3 million as bridging loan, bringing the total to $21m, all of which is due for repayment by 29 June 2018 at the latest. In the meantime the company is paying a large12 per cent interest on the loan. IIP [...]

Infrastructures India plc (IIP) is a closed-end investment fund based in the Isle of Man with a portfolio of Indian assets valued at £326 million in its recently published interim report to end September 2016. More than 80 per cent of the portfolio is invested in the wholly owned subsidiary Distribution and Logistics Ltd (DLI), [...]