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PVR INOX to close 70 non-performing screens in FY25, plan monetisation of real estate assets

The company will add 120 new screens in FY25 and close almost 60-70 non-performing screens, as it c…

PTI   


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Indian government aims to raise nearly $81 billion in next four years via ‘monetisation’ of infra assets

The government of India is looking to raise ₹6 lakh crore through sale of state-owned infrastructur…

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Reliance Capital debenture holders pave the way for asset monetisation

Reliance Capital (RCAP) debenture holders at their meeting held on January 5, passed the resolution…

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Essar raises $2.05 bn from sale of ports, power assets; clears $25 bn debt of Indian banks

Essar Ports & Terminals (EPTL) and Essar Power (EPL) concluded the $2.05 billion (₹16,500 c…

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MTNL shares rise as it seeks shareholder nod for fundraising, monetisation of assets

New Delhi, Dec 12 () Shares of Mahanagar Telephone Nigam Ltd (MTNL) on Thursday appreciated nearly …

PTI   


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Franklin Templeton appoints Kotak Mahindra Bank to assist in monetising assets of 6 wind-up schemes

"Franklin Templeton is committed to ensuring an orderly and equitable exit for all investors at th…

PTI   


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New Delhi's iconic Hotel Ashok will soon have a mall and service apartments

"The intention is to turn 'The Ashok' into an iconic building which would house service apartme…

PTI   


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Government plans to monetise assets of public sector enterprises

The government is working on a plan to make good use of land banks of state run companies, since it…

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BSNL in talks with CBSE for sale of land parcels; eyes Rs 300 cr from asset monetisation in FY20

New Delhi, Jan 1 () State-owned Bharat Sanchar Nigam Ltd (BSNL) has initiated discussions with the …

PTI   


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Air India’s asset monetisation finally gets a push after two years delay

"Cabinet note to sell Air India properties prepared and will soon be sent," said a senior civil a…

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Twitter alternative built on Ethereum will let users monetise their posts and come up with their own rules

The founder and CEO of Aave, Stani Kulechov, wants to build a new blockchain version of Twitter. An…

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Arcelor Mittal Nippon Steel signs ₹19,000 crore deal to buy Essar's port and power assets

Essar on Friday announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) fo…

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Indian Oil Corporation may monetise hydrogen units to raise ₹10,000 crore

Government sources said that IOC is one of the largest hydrogen producers in the country and s…

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Blackstone-backed Nexus Select Trust plans to double shopping mall portfolio in 4-5 yrs

The company has no plans to develop greenfield shopping malls. According to sources, Nex…

PTI   


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Consultants roped in to evaluate land monetisation process for BSNL, MTNL: CMD

"For BSNL, 11 assets have been shortlisted for monetisation. The consultants will assess monetisat…

PTI   


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Ethereum's co-founder says he's done with crypto because it's too risky - and only represents a small bit of what the world needs

The 48-year-old Canadian has had a security team since 2017, and mostly been accompanied on his tra…

Shalini Nagarajan   


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The UK will spend $15 million to warn young people about risks in crypto investing

There's been an "explosion" in young people investing in crypto and other high-risk assets, the FCA…

Carla Mozée   


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MTNL seeks shareholders' nod for fundraising, monetisation of land & buildings

New Delhi, Dec 11 () State-owned MTNL on Wednesday said it will seek shareholders' nod for monetisa…

PTI   


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Vodafone Idea exploring option to monetise data centres to pare debt

New Delhi, Nov 15 () Debt-ridden telecom operator Vodafone Idea on Friday said it is exploring to m…

PTI   


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Investors cheer Raymond’s restructuring plan to reduce debt

Textile-to-engineering conglomerate Raymond announced a restructuring plan to merge some of its bus…