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MODEL CONCESSION AGREEMENT
National highway contractors must get government permits for foreign workers, ministry clarifiesNational highway contractors must obtain government permits for hiring foreign workers. Any change in concessionaire ownership requires pri...- A Xi-Trump summit deal can throw US carmakers under the China busUS automakers, suppliers and dealers are lobbying the Trump administration to keep Chinese carmakers out of the American market ahead of Pr...
- Krsnaa Diagnostics shares surge 11% after securing 15-Year Punjab PET-CT DealKrsnaa Diagnostics shares surged after the company signed a 15-year concession agreement with Punjab Health Systems Corporation. The pact m...
- India’s strategic autonomy faces a trade test as WTO warns non-aligned economies could pay a price for fragmentationIndia's foreign economic policy aims for broad trade ties. The WTO warns of rising costs in a fragmented global trade system. India's numer...
- NHAI makes 80% plantation key to highway completion certificateNational Highways Authority of India now requires 80% plantation coverage for project completion. A minimum 90% sapling survival rate is al...
- Global IT firms outpace India-listed rivals on AI, consultingData from Kotak Institutional equities showed Accenture, the global market-cap leader in pureplay IT services, posted a 3% revenue growth i...
- Can a right to collect toll become taxable payment? The GST questionA Supreme Court case questions whether a government-granted right to collect tolls constitutes non-monetary payment for highway constructio...
- A trade war between Canada and the US deepens rupture in what had been a close and durable allianceCanada and the US are heading towards a potential full-scale trade war after last-ditch tariff negotiations collapsed, marking a major brea...
- Warren Buffett: If past data told you the future, the Forbes 400 would comprise librarians; beware of geeks bearing formulasEverybody had run to cash and government bonds, and everybody agreed it was the sensible thing to do. Warren Buffett called it the third bu...
- National Highway builders bat for BOT annuity model to avoid zero-bid scenarioThe National Highways Builders Federation said the current BOT (toll) model exposes private developers to an unacceptably high level of ris...
- Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
- US, Canada hold last-minute talks to stop 50% U.S. tariffs on $20 billion worth of Canadian goodsUnited States and Canada face escalating trade disputes and potential tariffs. Negotiations are intensely underway to avoid new trade restr...
- Road ministry revises model concession agreement for BOT projectsSome of the key provisions introduced in the revised model concession agreement (MCA) include the buyback option, revenue support to conces...
- Leela reports operating revenue of Rs 353 cr for Q1, PAT at Rs 48.8 crLeela Palaces Hotels & Resorts saw operating revenue rise 28% year-on-year. Net profit increased more than fivefold to Rs 48.8 crore during...
- Is Trump quietly gifting Saudi Arabia a future nuclear bomb?A proposed US-Saudi civilian nuclear deal allows uranium enrichment and fuel processing. Critics fear this agreement weakens safeguards aga...
- Cube Highways Trust InvIT subscription opens today. Here are key details for investorsCube Highways Trust InvIT opens its Rs 5,000-crore public issue today at a price band of Rs 151–152 per unit. The infrastructure trust offe...
- Toll-cum-annuity model for NH bids put in fast laneThe Centre plans to invite bids for national highway projects using a new toll-cum-annuity model. This hybrid approach combines build-opera...
- Government proposes new concession pact for investments in portsThe proposed MCA includes allowing changes in equity holding of a project so as to provide exit option to developers after six years.
- Amendments to model concession agreement to boost highways sector: CrisilThe recent amendments to the MCA for awarding projects on BOT basis is likely to improve the confidence of both developers and lenders.
- Model concession agreement for PPP projects in Railways soonIndian Railways is all set to come out with model concession agreement for executing its projects under public-private-partnership (PPP) mo...
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