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Ноябрь
2024

Govt infuses Rs 1,650 cr in RINL to keep it as a going concern

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The Indian government has invested Rs 1,650 crore in state-owned RINL to tackle its financial issues. This includes Rs 500 crore in equity and Rs 1,140 crore in a working capital loan. The Ministry of Steel is taking steps to ensure RINL remains operational, including consultations with the Ministry of Finance.