Govt infuses ₹1,640 crore in RINL
Millennium Post Delhi|New Delhi 04November2024
'Govt has infused Rs 500 cr towards equity on Sept 19, 2024 and a working capital loan of Rs 1,140 cr on Sept 27, 2024'

NEW DELHI: The government has infused Rs 1,640 crore in state-owned RINL, gripped with operational and financial issues, according to an official document.

The government is also taking various measures to keep RINL as a going concern, the Ministry of Steel said in a note.

"In this regard, the Government of India has infused Rs 500 crore towards equity on September 19, 2024, and a working capital loan of Rs 1,140 crore on September 27, 2024," according to the document.

It also said that SBICAPS, a wholly-owned subsidiary of the SBI, is preparing a report on the sustainability of RINL.

Bu hikaye Millennium Post Delhi dergisinin New Delhi 04November2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Millennium Post Delhi dergisinin New Delhi 04November2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MILLENNIUM POST DELHI DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
TOP 5 INDIAN SERIES YOU SHOULDN'T MISS
Millennium Post Delhi

TOP 5 INDIAN SERIES YOU SHOULDN'T MISS

LOOKING BACK AT 2024

time-read
2 dak  |
December 27, 2024
SENSE AND SENSIBILITY
Millennium Post Delhi

SENSE AND SENSIBILITY

There's a whole tribe out there who refuses to subscribe to resolutions

time-read
2 dak  |
December 27, 2024
Sharad calls Sanjay Leela Bhansali a 'demanding director'
Millennium Post Delhi

Sharad calls Sanjay Leela Bhansali a 'demanding director'

Filmmaker Sanjay Leela Bhansali is known for his attention to detail and fiery on-set personality. Sharad Kelkar, who played a negative role in Bhansali's 'Goliyon Ki Rasleela: Ram-Leela,' opened up about his experience of working with the director.

time-read
1 min  |
December 27, 2024
Shruti reflects on parents Kamal Haasan and Sarika's 'painful' divorce
Millennium Post Delhi

Shruti reflects on parents Kamal Haasan and Sarika's 'painful' divorce

When my parents split up, everything changed. That's when I realised the value of financial independence,' she says

time-read
1 min  |
December 27, 2024
Blake claims Justin's smear campaign gets support in publicist's suit
Millennium Post Delhi

Blake claims Justin's smear campaign gets support in publicist's suit

The lawsuit was lodged in Manhattan by Stephanie Jones

time-read
1 min  |
December 27, 2024
Indian star fined 20% match fees, one demerit point
Millennium Post Delhi

Indian star fined 20% match fees, one demerit point

KOHLI, KONSTAS FACE OFF AT MCG

time-read
1 min  |
December 27, 2024
Bumrah keeps battle alive; Aus score 311/6 after Konstas debut
Millennium Post Delhi

Bumrah keeps battle alive; Aus score 311/6 after Konstas debut

JADEJA LEAKED RUNS DESPITE GETTING KONSTAS OUT

time-read
1 min  |
December 27, 2024
D-Street small stocks steal the show in 2024, giving handsome returns to investors
Millennium Post Delhi

D-Street small stocks steal the show in 2024, giving handsome returns to investors

Market experts are optimistic about midcap & smallcap stocks for next year, driven by factors like strong domestic consumption & govt infra spending

time-read
2 dak  |
December 27, 2024
Millennium Post Delhi

Depreciation of rupee likely to push import bill by $15 billion, says GTRI

Compared to December last year, Rupee has depreciated 2.34% against dollar, moving from Rs 83.25 to Rs 85.20,

time-read
1 min  |
December 27, 2024
Sri Lanka seeks to boost foreign investments in its stocks market as debt worries fade
Millennium Post Delhi

Sri Lanka seeks to boost foreign investments in its stocks market as debt worries fade

Colombo Stock Exchange plans to hold a conference in the national capital on March 27-28 to attract overseas investors

time-read
1 min  |
December 27, 2024