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Sobha takes forward land monetisation plans
Bangalore headquartered real estate company, Sobha Developers has monetised around 11 acres of land in Mysore for a value of about Rs 20 crore as part of its land monetisation plan. Earlier, the company has given a guidance to raise around Rs 200 crore - 220 crore for the last fiscal from land proceeds. “Mysore land is part of company’s land monetisation effort to reduce the debt component,”

'RBI doing only permitted part of monetisation'
The Reserve Bank of India (RBI) is doing only that part of monetisation which is permissible, Governor Duvvuri Subbarao told a news conference on Tuesday.

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RBI's OMO is monetisation of debt: Economists
New Delhi: The Finance Ministry has said the RBI's open market operations (OMO), through which it releases liquidity to the market against government

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Govt has no plans to monetise deficit: Fin Min
India has no plans to monetise its widening fiscal deficit by selling bonds directly to the Reserve Bank of India (RBI), the finance ministry said on Thursday.

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India must monetise deficit to aid private investment: CII
India should monetise its burgeoning fiscal deficit to aid private investment and boost the slowing economy, despite risks of inflation and sovereign downgrades, a top industry body said on Tuesday.

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Unitech looks to ‘monetise’ upcoming hotel biz
Realty company Unitech Ltd is looking at ‘monetising’ its upcoming hotel business within 2 to 2.5 years of operations for which it would explore options including listing, sale of assets o

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