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IL&FS says aims to resolve nearly 60% of debt despite Covid-19 delays resolution processAbout 50% of the debt is expected to be resolved by March 2021, the indebted infrastructure lender's board said in a progress report, with ...- Lenders give nod to sale of IL&FS’ three road projectsIL&FS confirmed that it had received lenders’ approval for sale of these projects.
- Sekura Roads highest bidder for two IL&FS road projectsThe committee of creditors will vote on these H1 bids in the coming week.
- Singapore & Italy based companies bid highest for IL&FS’ two road assetsEmail queries sent to Cube Highways and Autostrade remained unanswered till as of press time. IL&FS declined to comment on the matter. The ...
- CPPIB, Allianz-led InvIT in talks to acquire Sadbhav Infra’s 12 road assetsAs on December 2018, listed company Sadbhav Engineering Ltd holds about 69 per cent of SIPL.
- Adani wins bids to operate 5 AAI airportsAAI official have revealed that bids put by Adani group were "very aggressive" as compared to other bidders.
- European shares gain on optimism over US-China trade rowBritish software group Sage lost 6.6 percent, after a rating downgrade of its stock by Deutsche Bank, two traders said.
- Atlantia to sell up to 30 pct stake in Rome airports: CEOAtlantia, which controls toll road concession group Autostrade per l'Italia, owns around 96 per cent of ADR.
- MMRDA receives five bids for Sewri-Worli elevated corridor5 engineering firms have submitted their bids for construction of the 4.5 km-long bridge on the Sewri-Worli elevated corridor.
- IRB withdraws from Mumbai Trans Harbour Link ProjectMaharashtra's ambitious Rs.9630 crore Mumbai Trans Harbour Link (MTHL) project will have one less bidder as IRB infrastructure developers' ...
- Luxury travel boom: Ultra HNIs splurging on exotic and exclusive localesExotic and exclusive is clearly the mantra for the UHNIs, of which there were some 7,730 last year, according to global wealth intelligence...
- Mumbai Trans-Harbour link to take off with Centre’s helpWith the Union government sanctioning a viability gap funding of Rs 1920 crore, financing is in place for the Mumbai Trans-Harbour Link pro...
- Centre sanctions Rs 1920 cr VGF for Trans Harbour Link ProjectThe project with an estimated cost of Rs 9,630 crore will be implemented on a public-private partnership basis and is likely to be complete...
- MMRDA shortlists 5 consortiums to develop RS 8,800 crore MTHLThe Mumbai Development Authority, MMRDA, has shortlisted five consortiums, for the Rs 8,800- crore Mumbai Trans Harbour Link (MTHL) project.
- Tatas, GMR-L&T, 4 others in race for Trans-harbour link projectTHe MMRDA received 6 pre-qualification bids, involving 18 companies, for Rs 8,800-cr ambitious bridge Mumbai Trans-Harbour Link.
- Investment banker is now getting paid less for serviceIn the world of mergers and acquisitions, where strategic advice increasingly is just another commodity to go with corporate loans, Goldman...
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