India seeks InvIT boost as NHAI picked for share sale

John Loh

February 02, 2018 05:45 am

Arun Jaitley_India finance minister_230x150 — NEW DELHI, INDIA - FEBRUARY 1: Union finance minister Arun Jaitley and his team leaving from Finance Ministry to present General Budget 2017 on February 1, 2017 in New Delhi, India. In the Union Budget 2017, the government has barred cash transactions above Rs 3 lakh and slashed Income Tax rates. Key focus areas of budget are stronger financial institutions, transparency, accountability, infrastructure, farming sector, rural population, youth and affordable housing. (Photo by Ajay Aggarwal/Hindustan Times ) *** Please Use Credit from Credit Field *** | Hindustan Times/SIPA USA/PA Images

India plans to monetise its highway assets by packaging them into infrastructure investment trusts (InvITs) for IPOs, the government said during its annual budget presentation.

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Topics

Equity IPOs Equity India Asia South Asia Asia Pacific ABBs-Block Trades Emerging Markets

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John Loh