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RAIL ASSET MONETISING
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...
- Fintech’s next reset: Why fundamentals are back in focusAs India’s fintech sector recalibrates after the 2021 funding surge, growth is no longer being rewarded in isolation.
- Nitin Gadkari bats for 100% land acquisition before approving national highway projectsUnion Minister Nitin Gadkari has proposed that new national highway projects should only be approved with complete land acquisition. He sai...
- 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...
- 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...
- Monetisation plan too ambitious, no likelihood of getting done: Subhash Garg, former Finance secretary"When the government comes up with these mega pipelines — infrastructure pipeline earlier, monetisation pipeline now — the numbers are stag...
- 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 ...
- 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...
- Indian Railways plans to monetise assets of Dedicated Freight Corridor projectThe move comes close on the heels of the Indian Railways’ big-bang announcement to allow private operators in passenger train operations fr...
- Focusing on rail funds from monetisation and not budget: Piyush GoyalThe minister said his government is planning to change some of the existing guidelines on monetising land and station assets as well as con...
- Indian Railways eyes big for next fiscal, plans Rs 1.46 lakh crore outlayThe next plan outlay will focus on electrification of 8,000km of rail tracks, and commissioning of 4,000km of new rail lines including doub...
- Global tender soon to procure tracks to modernise Railways: Piyush GoyalThe new railways minister also said that safety will be priority for the railways and there will be no limit to funding it. The comments co...
- 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...
- From booking ticket to ordering meal, all on new rail application soon"It will be an app that will take care of the entire journey -- from booking a ticket to booking a taxi, pre- ordering a meal, requesting f...
- Railways on fast track to boost non-fare revenuesThe most ambitious plan is the proposed Rail Display Network that is expected to generate Rs 3,500 crore annually by end of the sixth year ...
- Rail Budget 2015: Suresh Prabhu's mantras for Railways - borrowing, PPP, asset monetisationPrabhu expressed confidence that institutions like LIC from India and sovereign funds from abroad would provide long-term debt.
- Larsen and Toubro to monetise some Infrastructure Development Projects Ltd assetsLarsen and Toubro (L&T) said it is evaluating avenues to monetise certain assets of a subsidiary including through an initial public offeri...
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