For the December 2019 ended quarter, RIL turned free cash flow (FCF) positive, a reversal that most brokerage firms welcomed
According to the Securities and Exchange Board of India (Sebi) November 2019 data, the amount deployed by mutual funds in InvITs stands at Rs 933 crore
The minister met bankers, foreign investors and road developers as part of a road show for the NHAI's monetisation of a third bundle of roads under the TOT model
With investors still not bullish, it may take longer for InvITs to gain momentum
New hope for road developers; if they succeed, could set different tone for M&As
The proposed framework is intended to be a broad guidance and every InvIT or investment manager shall define net distributable cash flows for itself