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
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.
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).
The Union Budget 2026-27, presented in Parliament on Sunday, has increased public capital expenditure to Rs 12.2 lakh crore in FY 2026-27, with industry experts saying that the increased outlay will revitalise project pipelines.
New Delhi [India], January 20: Adgully is set to host the 9th edition of MOBEXX Summit & Awards, its flagship platform dedicated to mobile-first marketing and advertising innovation. The one-day summit will bring together India's leading marketers, digital leaders, AdTech innovators, and gro
Global brokerage Morgan Stanley has re-rated Reliance Industries Ltd (RIL), citing the onset of what it calls the company's "fourth monetisation cycle" and a decisive inflection in cash flows across all major business verticals.
New Delhi [India], November 25: Comviva, the global leader in digital transformation solutions, specializing in customer experience management, data monetization, and digital financial services, today announced its partnership with Aduna, the global aggregator of standardised network APIs. T
In a major step towards restitution of assets in the multi-crore Punjab National Bank (PNB) fraud case linked to fugitive Mehul Choksi, the Enforcement Directorate (ED) has handed over four attached flats in Mumbai to the liquidator.
Former Railway Minister Suresh Prabhu on Wednesday said Indian Railways generates enormous non-classified data that can be monetised to create "tens of thousands of crores," stressing that the national transporter must adopt a holistic, long-term strategy to drive reforms.
The Bid Evaluation Committee (BEC) of the All India Football Federation (AIFF) convened a meeting on Sunday to review and discuss the progress of the "Request for Proposal (RFP) for Awarding the Right to Monetise the Commercial Rights Belonging to the All India Football Federation for a Limi
New Delhi [India], November 5: India's entertainment economy has undergone one of the fastest cultural monetisation shifts globally. Where the country once paid primarily for three traditional pillars -- Astrology, Bollywood and Cricket -- the digital revolution has expanded consumer willing
While India has made significant progress in rolling out 5G services, the next generation technology 6G, will only make sense when 5G use cases are fully saturated and monetised, said Manoj Kumar Singh, Director General, Digital Networks.