IRB Infra arm inks Rs 2,300 cr pact with NHAI

The project is to be executed on DBFOT (design, build, finance, operate and transfer) pattern with a concession period of 27 years.

GMR sells 74% stake in a highway project to IIF

GMR Group on Tuesday said it has sold its 74 percent stake in a 73-km long highway project to India Infrastructure Fund (IIF).

Raj CM lays foundation of Rs 914 cr highway project

Rajasthan Chief Minister Ashok Gehlot laid the foundation stone of Rs 914 crore project for widening of roads in the Udaipur section.

`WB report on highway project bribery serious`

Bihar CM Nitish Kumar described as `extremely serious` a reported World Bank report on bribery in highway project.

IVRCL arm bags Rs 1,300 cr highway project

At the Bombay Stock Exchange, the shares of the company were trading 3.82 percent lower at Rs 47.85.

India needs Rs 200 cr a day for highway projects: House Panel

India needs to invest Rs 200 crore everyday for the next 20 years for road projects under NHDP and requires an efficient financing plan to meet this objective, says a Parliamentary panel.

Yeddyurappa to convene meeting on highway project

Under constant attack from
opposition JD-S and Congress over the affairs of NICE, the
promoters of BMIC project, Yeddyurappa today said he would convene a meeting of top leaders of the two parties
early next month.

Gowda demands white paper on highway project

As BJP sought to turn the
tables on him over the BMIC project, Deve Gowda, in the eye of a
storm for using abusive language against Karnataka Chief
Minister B S Yeddyurappa, today demanded a `white paper` on
the project.