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

By Economic Times - 3 weeks ago
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.

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