Day: August 24, 2021

‘Modi government in process of selling India’s crown jewels,’ says Rahul Gandhi on NMP

NEW DELHI: Congress leader Rahul Gandhi on Tuesday slammed the Centre’s move to monetise its assets across key sectors, saying the Modi dispensation is in the process of selling India’s “crown jewels” built by previous governments with public money over 70 years. Addressing a press conference here with former Union finance minister P Chidambaram, he […]

Eldeco Group, HDFC Capital set up Rs 150 crore affordable housing platform

NEW DELHI: Eldeco Infrastructure and Properties Limited (EIPL), has announced that it has partnered with HDFC Capital Affordable Real Estate Fund 1 (H-CARE 1) – a fund managed by HDFC Capital Advisors Limited, to form a platform focused on the development of low-rise, plotted development projects in Tier 2 cities in National Capital Region (NCR) […]

India to monetise 25 airports over 4 years, to fetch Rs 20,782 crore

NEW DELHI: The government of India is looking to monetise 25 AAI-managed airports, including Varanasi, Chennai, Nagpur and Bhubaneshwar, over the next four years, which could bring in investments worth Rs 20,782 crore. Further, divestment of Airports Authority of India’s (AAI) residual stake in four airport JVs has also been considered under the national monetisation […]

India eyes Rs 35,100 crore from partial sale of Bharatnet network, tower infra

NEW DELHI: The government of India expects to realise Rs 35,100 crore from the partial sale of Bharatnet fibre assets and around 13,500 mobile towers owned by state-run telecom firms as part of its national monetisation pipeline released on Monday. Government think tank Niti Aayog has valued over 2.86 lakh kilometre of optical fibre assets […]

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