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
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
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 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
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
