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NHAI debars concessionaire for collapse of slope protection on NH-66 in Kerala

New Delhi, June 17 -- The National Highways Authority of India (NHAI) has debarred infrastructure company Megha Engineering and Infrastructure Ltd (MEIL) from participating in the highway developer's ... Read More


Facing road construction quality issues, Centre takes away state PWD and state department's powers for bidding out NHs

New Delhi, June 17 -- The Centre has withdrawn the powers of state PWDs (public works departments) and road construction departments (RCDs) to independently issue bid documents for national highway pr... Read More


Maruti Suzuki's Manesar plant gets cargo rail link

New Delhi, June 17 -- Railways minister Ashwini Vaishnaw on Tuesday inaugurated India's largest automobile in-plant railway siding, developed under the PM Gati Shakti mission, at Maruti Suzuki India L... Read More


NHAI eyes two InvIT rounds, auction of road bundles to private trusts for the first time

New Delhi, June 13 -- The National Highways Authority of India (NHAI) aims to raise Rs.20,000 crore via two offerings from its own infrastructure investment trust (InvIT) this fiscal, two people aware... Read More


NHAI eyes Rs.20,000 cr via two InvITs this year

New Delhi, June 13 -- The National Highways Authority of India (NHAI) aims to raise Rs.20,000 crore via two offerings from its own infrastructure investment trust (InvIT) this fiscal, two people aware... Read More


Cube Highways Trust completes acquisition of 2 highways in J&K from NIIF for Rs.4,185 crore

New Delhi, June 12 -- The National Investment and Infrastructure Fund (NIIF) and Cube Highways Trust (Cube InvIT), which are both managed by Cube Highways Fund Advisors Pvt. Ltd, announced on Thursday... Read More


NHAI outlines its asset monetization strategy for the first time

New Delhi, June 9 -- The National Highway Authority of India has for the first time outlined its strategy to monetize assets to unlock value and increase public-private participation for developing in... Read More


Investments in renewables, roads and real estate to touch Rs.17.5 trillion over this and next fiscal: Crisil

New Delhi, June 9 -- Investments in renewable energy, roads and real estate are likely to grow to Rs.17.5 trillion in FY26 and FY27, ratings agency Crisil said. The three sectors are seeing are seein... Read More


To curb mis-selling, finance ministry tells lenders to stop incentives on insurance

New Delhi, June 3 -- The rampant mis-selling of unnecessary insurance plans to loan and deposit customers by lenders has already evoked concerns among the two sector regulators. Now, the finance minis... Read More


Ministry tells banks to curb insurance mis-selling

New Delhi, June 3 -- The rampant mis-selling of unnecessary insurance plans by banks to loan and deposit customers has already evoked concerns among the two sector regulators. Now, the finance ministr... Read More