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MONETISING RAILWAY ASSETS
Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...
Hyderabad Metro to turn profitable next year with IRFC’s low-cost loan: Telangana Chief SecretaryHyderabad Metro is set to become profitable next year. Indian Railways Finance Corporation has provided a Rs 13,527 crore loan to refinance...
JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear caseJP Morgan has cautioned that India’s FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle ...
Sebi clears 4 IPOs including Yatayat Corporation and EAAA India AlternativesSebi has approved IPOs for four firms spanning logistics, alternatives, real estate and manufacturing. Companies aim to tap rising demand a...
Accelerate asset monetisation in railways, roads: Sebi chief Tuhin Kanta PandeyCapital markets regulator Sebi's chief Tuhin Kanta Pandey on Thursday said there is a need to "accelerate" monetisation of government-held ...
Asset monetisation in FY23 may see ₹55,000-crore shortfallDespite the heavy lifting by the coal and mining sectors, the Indian Railways alone may fall short of its annual target by ₹28,000 cr, acco...
Railway ministry drops proposal for monetisation of stations on PPP modeThe source also told PTI that the ministry of railways has been asked to expedite monetisation of other assets, including trains, goodsheds...
Ministries told to spot new assets for monetisationGovernment's proceeds from asset sales were only ₹33,443 crore in the first seven months against the target of ₹1.6 lakh crore under the Na...
FM Nirmala Sitharaman nudges ministries to meet targets for asset monetisationWhile some ministries may miss their monetisation goals, the government will "more or less" meet this year's target, a government official ...
Infra assets worth over Rs 1.62 lakh crore to be monetised this fiscal: Finance ministryIn a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said about Rs 97,000 crore worth of public assets were ...
Govt takes serious note of railways missing asset monetisation targetsAccording to a Times of India report, the Centre is thinking to link the release of annual allocation to fund generation by monetising asse...
Norms may be eased to make asset monetisation lucrative for private companies"Some ministries highlighted that private players were not interested in the current model. The government is working on the model and will...
Centre to step on the gas to meet Rs 1.62 lakh crore asset monetisation targetCabinet secretary Rajiv Gauba has called a meeting on Friday of secretaries from 12 key ministries to discuss their detailed roadmap with c...
Plan for railways asset monetisation didn't attract investors, govt looking at it afresh: Amitabh KantTalking about the government's asset monetisation pipeline worth Rs 6 lakh crore, Amitabh Kant said all the assets under the pipeline have ...
400 stations, 90 passenger trains, Konkan rail to be monetised; assets to fetch Rs 1.52 lakh croreAs per the Rs 6 lakh crore National Monetisation Pipeline (NMP) drawn up by Niti Aayog and released by Finance Minister Nirmala Sitharaman ...
NITI Aayog invites bid from advisors for govt's asset monetisation programmeNITI Aayog has invited bids from transaction advisors for rolling out the government’s core asset monetisation and disinvestment programme....
Railways infra will never be privatised, assets to be monetised: Goyal"Asset monetisation would help in generating more resources towards infrastructure creation. Passenger train operations taken up through Pu...
Railway ministry expedites monetisation process of heritage railway linesA consultant has been engaged for a feasibility study and business models suitable for asset monetisation along with heritage preservation ...
Indian Railways targets Rs 30,000 crore through asset monetisationThe railways has lined up 30,000 km of its power transmission lines for monetisation and is in talks with two public sector units that are ...
Railways aims Rs 40,000 crore earnings by monetising soft assetsIn a two-pronged strategy, the railways aims to increase earnings through traditional as well as non-traditional sources, while at the same...