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National Monetisation Pipeline to be unveiled on August 23 - The Hindu BusinessLine

National Monetisation Pipeline to be unveiled on August 23 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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'Forex reserves may have crossed $600-billion mark' - The Hindu BusinessLine

The reserves jumped by $5.271 billion in the week ended May 28, 2021 to stand at $598.2 billion ....

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Interups forms joint venture with Bansal Group to upgrade the Habibganj Railway Station

Interups forms joint venture with Bansal Group to upgrade the Habibganj Railway Station
March 05, 2021
Interups buys 49 per cent stake in the Bansal Pathways Habibganj Pvt Ltd
Interups has inked a ₹950-crore joint venture deal with the Bhopal-based Bansal Group. Through this deal, Interups will get 49 per cent stake in the Bansal Pathways Habibganj Private Ltd. The joint venture will focus on upgrading the Habibganj Railway Station.
This is a PPP model initiative through which India will get its very first private railway station, Habibganj, Bhopal (Madhya Pradesh) is all set to become a swanky commercial hub with shops, offices and hotels. ....

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Govt looks to monetise Rs 6k cr GAIL pipelines via InvIT route

India Business News: NEW DELHI: The oil ministry is eyeing the InvIT (Infrastructure Investment Trust) route to monetise pipelines worth about Rs 6,000 crore built by Indi. ....

Bharat Petroleum , Invit Infrastructure Investment , Infrastructure Investment Trust , Business News , Power Ministry , Cabinet Approval , பாரத் பெட்ரோலியம் , உள்கட்டமைப்பு முதலீடு நம்பிக்கை , வணிக செய்தி , பவர் அமைச்சகம் , மந்திரி சபை ஒப்புதல் , மந்திரி சபை ,

Govt likely go for InvIT route to monetise Rs 6000 crore GAIL pipelines

Updated Jan 27, 2021 | 15:26 IST
GAIL will be the second state-run entity to dilute stake in projects through InvIT. The power ministry had in September 2020 secured Cabinet approval for PowerGrid to monetise transmission lines.
Representational image
New Delhi: The government is looking to monetise pipeline assets worth about Rs 6,000 crore built by India’s largest gas utility GAIL through the InvIT (Infrastructure Investment Trust) route as the pandemic spooks bigticket disinvestments such as of Bharat Petroleum, the
Times of India mentioned in a report.
The oil ministry is conducting discussions about an InvIT in parallel to preparations for carving GAIL’s countrywide gas pipeline network into a fully-owned subsidiary, the publication mentioned adding that the ministry may seek Cabinet approval, although technically the GAIL board can decide to divest stake in pipelines through InvIT. ....

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