Expressway work hampered due to lack of security: NHAI to SC
The 135-km long Eastern Peripheral Expressway envisages signal-free connectivity between Ghaziabad, Faridabad, Gautam Budh Nagar and Palwal.
May 01, 2017, 19:38 PM IST
MobiKwik to invest Rs 300 crore for business growth
Mobile wallet major MobiKwik on Thursday announced an investment of Rs 300 crore for expansion aimed at growing its user base from current 50 million to 150 million in 2017.
Feb 23, 2017, 15:38 PM IST
Enough funds for road building, orders worth Rs. five lakh crore signed, says Nitin Gadkari
With the National Highway Authority of India having received a mandate from the Budget to raise Rs. 70,000 crore through infrastructure bonds and easy availability of low cost overseas loans for the AAA rated NHAI, the government`s road and highway building programme has enough cash to build the crucial infrastructure, Road Transport, Highway and Shipping Minister Nitin Gadkari has said.
Feb 12, 2017, 21:02 PM IST
NHAI issues notices to highway squatters in J&K's Samba district
The National Highways Authority of India (NHAI) has issued notices asking people encroaching its roads in Jammu and Kashmir's Samba district to move out within seven days.
Feb 10, 2017, 18:26 PM IST
Mobikwik wallet service to soon be live at 391 toll plazas
Commuters across the country can soon pay cashless at all toll plazas using their MobiKwik wallet.
Nov 25, 2016, 13:13 PM IST
NHAI to monetise 40 projects in 1st phase, eyes Rs 20,000 crore
National Highways Authority of India (NHAI) eyes up to Rs 20,000 crore from monetisation of 30 to 40 projects in the first phase.
Oct 11, 2016, 12:53 PM IST
Fear of CBI bizzare; apply wisdom in funding NPA: Panel to banks
Finding banks working under the fear of CBI and CVC as "bizzare", a Parliamentary panel has asked lenders to take decision on financing of stressed assets as per their "own wisdom" and on the basis of the project's viability.
Aug 15, 2016, 11:37 AM IST
Ghazipur Mandi waste to be used for highways construction: Nitin Gadkari
The famous Ghazipur mandi, which supplies vegetables and fruits to a large portion of Delhi and adjoining areas, is known as a major contributor to air pollution in the region.
Jul 01, 2016, 18:33 PM IST
L&T wins Rs 2,125-crore contracts
Infrastructure major Larsen & Toubro (L&T) has won contracts worth Rs 2,125 crore, including a major highway project in Karnataka.
Apr 05, 2016, 14:01 PM IST
Sensex sinks 371 points to slip below 25,000 level
In its biggest fall in five weeks, Sensex plummeted over 371 points to slip below the 25,000-mark as investors booked profits in recent out-performers ahead of derivatives settlement and the closing of 2015-16 financial year on Thursday
Mar 28, 2016, 16:58 PM IST
A big hand to this mass-pledge taken against bribery
The staff, contractors, consultants and all other stakeholders associated with the infrastructure authority publicly pledged not to take or give any inducement or obligation from each other.
Feb 13, 2016, 14:01 PM IST
New Year gift for Delhi-NCR, NH-24 to be widened to 14 lanes
The work to widen the Hapur stretch of NH-24 into 14 lanes is likely to commence from next month.
Dec 16, 2015, 09:44 AM IST
Ashoka Buildcon bags Rs 277 crore project from NHAI
Infrastructure firm Ashoka Buildcon today said it has bagged a Rs 277-crore road project from National Highways Authority of India (NHAI).
Oct 24, 2015, 17:01 PM IST
'Lenders may reject NHAI fund to revive Rs 450 billion road projects'
Government intervention of one time funding to revive languishing highway projects will be beneficial for about 50 projects worth Rs 450 billion but lenders may be hesitant for such assistance, India Ratings and Research (Ind-Ra) said today.
Oct 20, 2015, 16:32 PM IST
New road revival scheme unlikely to cut ice with banks, firms
Developers and lenders to languishing national highway projects, for which the government has announced financial assistance, may not accept the proposal on the claim of the National Highway Authority (NHAI) on toll receivables, says a report.
Oct 20, 2015, 15:43 PM IST
'Banks over-financed road projects, now crying foul'
As the roads and highways sector grapples with a massive problem of funds going bad, the role of banks have come under scrutiny for "happily over-financing" a large number of projects without necessary due diligence and thus creating a 'scam-like' situation.
Oct 11, 2015, 22:48 PM IST
Soon, app to report over-speeding vehicles
Aiming to promote road safety and proper highway management, the National Highways Authority of India (NHAI) will introduce a mobile application integrated with a transport registration network in the coming months, an official said here.
Oct 10, 2015, 00:30 AM IST
Coming soon! New Expressway from Delhi to Agra
The new Delhi-Agra Expressway will be 200 kilometre long. The government will also build six new highways in the country.
Sep 14, 2015, 15:21 PM IST
Brookfield buys nine projects from Gammon Infra for Rs 6,750 crore
Gammon Infrastructure has sold stake in 9 projects valued at Rs 6,750 crore to Brookfield and Core Infra India Fund, a deal that will fetch Rs 563 crore as well as reduce its debt by Rs 1,718 crore.
Aug 29, 2015, 10:41 AM IST
Developers allowed to divest 100% equity in road projects
The government Wednesday allowed developers to divest 100 percent equity in projects two years after the completion of such schemes, a move that can unlock investments worth about Rs 4,500 crore in the sector.
Aug 26, 2015, 22:47 PM IST