Air India’s bidders’ names to be confidential, says FinMin

NEW DELHI : The identity of potential Air India bidders will remain confidential with the transaction adviser and may be shared in national interest with specific agencies only on government advice, the department of investment and public asset management (DIPAM), which works under the finance ministry, said. EY is the government’s transaction adviser to manage […]

Expect ₹30,000 cr private investment in FY22 via HAM, BOT projects: Road secretary

NEW DELHI : The government is expecting a private investment of as much as ₹30,000 crore in the financial year 2021-22 through hybrid annuity mode (HAM) and build-operate-transfer (BOT) projects, road transport and highways secretary Giridhar Aramane said on Friday. The government is looking at additional fund generation sources for highways projects, apart from the […]