The NHIT had acquired three highway assets from the NHAI in the last week of September. In all it is seeking to raise ₹3,800 crore for this transaction through a mix of bond issuance, private placement, and bank loan during the second tranche of asset monetisation.
Sebi proposes to relax limits for approval, disclosure of related-party transactions
India’s markets regulator has proposed relaxing the threshold for which companies need to seek shareholder approval for related-party transactions though a system based on the