NHAI
Finance
ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt
Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more...
Finance
Tribunal okays IL&FS claim against National Highways Authority
The bankruptcy tribunal has allowed an IL&FS unit to receive the settlement claim it made against the National Highways Authority...
Finance
Cube Highways ties up debt financing to help buy toll roads
Singapore-based Cube Highways and Infrastructure Pte. Ltd said it has tied up with the State Bank of India (SBI) for ......
General
Grapevine: NHAI to do Delhi-Mumbai expressway alone; Sequoia to invest in Razorpay
A year after signing a memorandum of understanding (MoU) with National Highways Authority of India (NHAI) to form a special ......
General
Grapevine: Carlyle frontrunner for Piramal pharma stake; NHAI InvIT to take off soon
US-based private equity firm Carlyle has emerged as the frontrunner to pick up a 20% stake in Ajay Piramal’s pharma ......
Infrastructure
Why is the market not fired up about HG Infra despite road maker ‘ticking all boxes'?
At first glance, HG Infra Engineering Pvt. Ltd comes across as a rare Indian highway developer that seems to have ......
Infrastructure
In Charts: How India's $5 tn GDP dream faces mounting infra delays, cost overruns
After reviewing nine mega projects worth Rs 61,000 crore last week, prime minister Narendra Modi emphasised two things: “Speedy...
Infrastructure
Can road builder Sadbhav beat revenue doldrums amid shrinking order book, debt woes?
At first glance, highway developer Sadbhav Engineering Ltd seems to have a debt problem. The debt nearly doubled in five ......
General
Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit
Blackstone-owned Nexus Malls and Bengaluru-based Prestige Group are in initial talks to merge their mall businesses to create...
Infrastructure
Policy Tracker: India laying highways at a rapid pace, but are investors enthused?
While delivering his interim Budget speech earlier this month, Piyush Goyal called India the world’s fastest-growing highway...
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