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NHAI kickstarts process to form InvIT to tap investment in highways sector

NHAI constitutes a panel to select an Investment Manager to initiate the InvIT process

Cyber attack on NHAI email server, 'prompt action' resulted in no data loss

The government had warned against a large-scale cyber attack against individuals and businesses earlier this month

NHAI's Covid force majeure fraught with loopholes, say contractors

Encashment of bank guarantees, non-payment of maintenance costs and lower estimation of revenue and expenditure are some issues raised by road developers

PNC Infratech jumps 16% on receipt of LOA for HAM project of Rs 1,412 cr

The project is to be constructed in 24 months and operated for 15 years post construction.

The Fastag track could be key to the government's ambitious programme

Investment in public infrastructure will be essential to pull the economy out of the massive downturn the pandemic has imposed

NHAI revamp in the offing; large-scale reforms needed: Nitin Gadkari

The total length of National Highways at present is abut 150,000 km, about 2 per cent of the length of all the roads, but they carry about 40 per cent of the total traffic

First InvIT by govt entity set for launch; NHAI files application with Sebi

Senior officials told Business Standard the projects being offered under InvIT would mainly be ones constructed on government-funded or in engineering-procurement-construction mode

Top headlines: 1st invIT by govt entity set to open, SC on AGR dues, & more

From Clix Capital set to buy majority stake in Lakhsmi Vilas Bank, RBI proposing 10-yr term for bank promoter-CEOs, here are top headlines on Friday morning

Centre likely to rework NHAI financing plans amid Covid-19 crisis

A committee, under the chairmanship of Nilesh Sathe, former member of the Insurance Regulatory and Development Authority of India (IRDAI), has been set up.

Much ado about nothing

The penalty imposed by Sebi on NHAI for not declaring financial results within the stipulated time seems like an exercise in tokenism

Delhi-Amritsar travel to get shorter: Govt clears Rs 25K cr for expressway

The greenfield expressway will connect Delhi to Amritsar via a shorter alignment and will also extend to Vaishno Devi shrine in Jammu

NHAI extension in concession time for BOT toll projects is pointless: Icra

It does not compensate for loss in net present value terms for most Build-Operate-Transfer toll projects, says agency

Lockdown impact: NHAI to extend contract for private highway developers

25% average toll collection loss to get one-day extension

Hurdles in land acquisition process? NHAI to scrap part of contract

NHAI Chairman Sukhbir Singh Sandhu said the matter of land acquisition should not be left pending as it leads to litigation cases in the future.

Sebi imposes a penalty of Rs 7,00,000 on NHAI for disclosure lapses

During its investigation, Sebi found that NHAI delayed filing of its half-yearly financial results by 4 days to 78 days between 2015-16 to 2018-19.

Aviation sector stares at Rs 25,000 cr revenue loss due to lockdown: Report

The losses would reverse the trend growth of 11% per annum the industry has logged over the past ten years, making it one of the most adversely affected sectors of the economy

NHAI asset sale plan to be delayed due to Covid-19 outbreak: CRISIL

Response from investors is expected to be lukewarm

Covid-19: NHAI's asset monetization to take a hit, InvITs face delays

NHAI invited bids for the fourth TOT contract in October 2019 and expected to raise over Rs 4,000 crore by offering a total of 7 road stretches, with a cumulative length of 400 km

Toll collection likely to decline 17% if lockdown extended, says CRISIL

Toll collection has restarted since, but there is unlikely to be a V-shaped revival in traffic after the lockdown ends - probably - on May 17. There will only be a gradual return to normalcy

Traffic on highways picks up pace as states ease Covid-19 lockdown curbs

Transporters had anticipated around 25% traffic back on the roads from April 20. However, due to various supply chain disruptions the traffic was around 10-15%.