The defence ministry is seeking ways to better utilise its surplus land, potentially for revenue generation through activities such as publ...

"Japan was the maiden attempt to raise funds via external commercial borrowing, and we have been received very well. There is a good arbitr...

At the review meeting, NLMC had highlighted that many CPSEs were yet to furnish latest records of their land parcels, offices and buildings...

Officials aware of the matter told ET that many CPSEs and ministries have shared a list to offer their surplus lands for monetisation, incl...

The Railways is India’s biggest landlord, with the Ministry of Defence coming a distant second. The Railways owns 4,780 sq km of land — it ...

A special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised to fetch value to th...

The government has given an in-principle approval to creating a non-lapsable defence modernisation fund but details are still being worked ...

Stake sales in companies including Air India, Bharat Petroleum Corporation, Shipping Corp of India, Concor and IDBI Bank is expected to be ...

The Centre on Monday stuck to the 15th Finance Commission’s recommendation to share 41% of tax receipts with states, while accepting in pri...

Until now, land needed for important public works, like roads and railways, could either be exchanged for land of equivalent value, or in r...

ET learns from multiple sources that the FFC, which is scheduled to submit by the end of October its report and recommendation on how union...

An expert group tasked with finding alternate ways to fund defence capital acquisitions is unlikely to make levying of cess on income tax a...

HEC is one of the companies among other public sector undertakings like Bharat Earth Movers Limited (BEML), Hindustan Aeronautics Limited (...

"It is necessary to expand the tax base, as the tax burden is unequally distributed between the salaried class and others," says MD of Kota...

Anil Ambani moved a step closer to realising his defence ambitions as DIPP gave 11 conditional licences sought by eight subsidiaries of the...

He said that there were seven banks in the country which were heavily burdened with NPAs (non-performing assets).

Army has been asked to vacate a World War II barrack on prime land in Lutyens Delhi, unless it is able to offer a gainful redevelopment pla...