NHAI

NHAI eyes $500 million with monetisation of 5 projects

For the first time ever, monetisation of 82 operating highways under a low risk TOT model has been initiated.

Nov 01, 2017, 17:50 PM IST

Cos garner Rs 5.52 lakh crore via pvt bond placement in Jan-Sep

According to the report, a total of 569 institutions and corporates garnered Rs 5.52 lakh crore in the first nine months of the year. In comparison, firms had raised Rs 4.65 lakh crore in January-September 2016.

Nov 01, 2017, 17:22 PM IST
NHAI launches mobile apps for electronic toll collection

NHAI launches mobile apps for electronic toll collection

The National Highways Authority of India on Thursday launched two mobile apps to ensure smooth functioning of the Electronic Toll Collection system.

Aug 17, 2017, 17:16 PM IST

Govt starts process to probe USD 1.18 'bribery' in NHAI

The government has initiated action on the reports alleging payment of 1.18 million dollar bribes to the officials of the NHAI by an American firm, the Lok Sabha was informed on Thursday.

Aug 03, 2017, 14:06 PM IST
12 National Highways to double up as emergency landing airstrips

12 National Highways to double up as emergency landing airstrips

IAF has cleared 12 National Highways as emergency landing airstrips that will enable rescue operation teams to reach affected areas easily.

Jul 30, 2017, 12:20 PM IST

Welspun Enterprises to buy 49% stake in NHAI projects from MBL

Infrastructure firm Welspun Enterprises Ltd (WEL) on Tuesday announced acquisition of 49 percent stake in two road projects of NHAI from MBL Group for Rs 23 crore.

Jul 25, 2017, 14:21 PM IST
Sebi to e-auction Sahara property in Uttarakhand on Jul 28

Sebi to e-auction Sahara property in Uttarakhand on Jul 28

Capital markets regulator Sebi will auction a property owned by Sahara in Uttarakhand, for a total reserve price of little over Rs 223 crore, on July 28, as part of the process to recover funds from the beleaguered group.

Jul 04, 2017, 16:38 PM IST
Odisha CM Naveen Patnaik urges Centre to build second bridge over the Brahmani

Odisha CM Naveen Patnaik urges Centre to build second bridge over the Brahmani

Odisha Chief Minister Naveen Patnaik on Thursday urged the Centre to soon take up construction of a second bridge over the river Brahmani in view of the bad condition of the existing one.

May 25, 2017, 17:17 PM IST

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

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

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

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

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

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

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

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

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

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