Search For "asset monetisation"
Govt clears PPP redevelopment of Ashok, Samrat Hotels under NMP 2.0; Rs 1,
Updated : 2 weeks, 3 days ago IST
Under the proposed plan, Rs 820 crore has been earmarked for The Ashok Hotel and Rs 380 crore for Hotel Samrat. The redevelopment project for Hotel Ashok is larger and is expected to be awarded in the initial period of NMP 2.0. A similar project for Hotel Samrat is expected towards the end o
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Asset monetisation under NMP 2.0 to boost India's GDP by Rs 40 lakh crore
Updated : 2 weeks, 3 days ago IST
The government's asset monetisation initiative under the National Monetisation Pipeline (NMP) 2.0, launched by finance minister Nirmala Sitharaman on Monday, is expected to increase India's GDP by approximately Rs 40 lakh crore over the next 5-10 years, noted a report by NITI Aayog.
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Govt targets to achieve Rs 16.72 lakh crore from 12 sectors in 5 years und
Updated : 2 weeks, 4 days ago IST
As per the detailed report released by the NITI Aayog, NMP 2.0 targets to achieve Rs 16.72 lakh crore, including private sector investment of Rs 5.8 lakh crore, from monetisation of assets belonging to 12 sectors, during the course of five years (FY26 to FY30).
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NHAI's asset monetisation drive poised to generate up to Rs 60,000 cr in F
Updated : 1 year, 9 months ago IST
ICRA projects that the monetisation of 33 road assets through the toll-operate-transfer (TOT) and Infrastructure Investment Trust (InvIT) modes could yield between Rs 53,000 crore and Rs 60,000 crore.
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Govt aims to monetise infra assets worth Rs 1.62 lakh crore in 2022-23
Updated : 3 years, 7 months ago IST
New Delhi [India], August 8 (ANI): The government has set a target to monetise infrastructure assets worth Rs 1.62 lakh crore in the current financial year, Minister of State for Finance Pankaj Chaudhary said on Monday.
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25 AAI airports earmarked for asset monetization under NMP in next three y
Updated : 4 years, 3 months ago IST
New Delhi [India], December 10 (ANI): As many as 25 Airports Authority of India (AAI) airports have been earmarked for asset monetisation over the years 2022 to 2025 under National Monetization Pipeline (NMP), said Minister of State for Civil Aviation Gen Dr VK Singh in a written reply in Lo
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National Monetisation Pipeline 'daylight robbery', says Chidambaram
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 3 (ANI): Congress leader P Chidambaram on Friday hit out at Finance Minister Nirmala Sitharaman over the country's asset monetisation pipeline scheme saying it is "scandalous" and "daylight robbery".
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Air India, BPCL disinvestment to be completed this year: DIPAM
Updated : 4 years, 7 months ago IST
New Delhi [India], August 11 (ANI): The government plans to complete privatisation of Air India and Bharat Petroleum Corporation Ltd (BPCL) this year, Tuhin Kant Pandey, Secretary at the Department of Investment and Public Asset Management (DIPAM) said on Wednesday.
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Reliance Industries' deleveraging set to continue: S&P
Updated : 4 years, 10 months ago IST
Singapore, May 6 (ANI): S&P Global Ratings has said Reliance Industries Ltd's (RIL's) deleveraging of its balance sheet is likely to continue with the company's prudent investment policies, stable operations and potential for further asset monetisation supporting the trend.
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Indiabulls Real Estate clocks net profit of Rs 94 crore in Q4
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], Apr 24 (ANI): Indiabulls Real Estate's consolidated profit after tax for the March quarter totalled Rs 94 crore as compared to a net loss of Rs 110 crore in the year-ago period.
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Airtel Africa's mobile money business gets $100 million investment from Ma
Updated : 4 years, 11 months ago IST
Lagos [Nigeria], April 2 (ANI): Airtel Africa has announced the signing of an agreement under which Mastercard will invest 100 million dollars in Airtel Mobile Commerce BV.
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Decisions related to asset monetisation, privatisation will help in empowe
Updated : 5 years ago IST
New Delhi [India], February 24 (ANI): Noting that the government focus should on people's welfare and development schemes and it has "no business to be in business", Prime Minister Narendra Modi on Wednesday said the government is going ahead with the mantra of "monetise and modernise" an
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