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    NHAI-Backed InvIT Raises ₹1,728 Cr from Anchor Investors

    New Delhi, March 10 The National Highways Authority of India-sponsored Raajmarg Infra Investment Trust (RIIT), a state-owned investment trust, raised ₹1,728 crore from anchor investors, including LIC, ICICI Prudential Life Insurance, Kotak Mahindra Life Insurance, and Bajaj Life Insurance, on...
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    National Highway Infrastructure Sees New Investment Vehicle

    New Delhi, March 9 – The National Highways Authority of India (NHAI)-sponsored Raajmarg Infra Investment Trust (RIIT) announced on Monday that the initial portion of its upcoming IPO will be allocated exclusively to domestic investors.The anchor book will open for subscriptions on March 10...
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