Cube Highways acquires Baharampore Farakka Highway from HCC GroupApart from the equity consideration of Rs677 crore, HCC is entitled to an additional payout of up to Rs264 crorecontingent on traffic perfo...
HCC Group sells BFHL to Cube Highways and InfrastructureHCC Group is to receive a total of Rs 941 crore which includes upfront amount of Rs.677 crore and Rs.264 crore payable by Q3 FY24 and Q1 FY...
NARCL offers Rs 220 crore for Sion Panvel Tollways' debt"SPTL is a special purpose vehicle (SPV), which was formed to manage this highway, which is an important road leading into and out of Mumba...
Bad bank plans to buy 18 distressed a/cs totalling Rs 39,921 crore by October 31NARCL has engaged consultants such as EY, PwC, Alvarez and Marsal, KPMG, Grant Thornton to conduct due diligence for the 18 accounts. It wi...
HCC posts 45.7 pc decline in net profit to Rs 118.6 cr for Dec quarterIts total income during October-December 2021 stood at Rs 2,695.89 crore, compared with Rs 2,416.93 crore in the year-ago period
PE firm Xander Group to exit HCC’s concession arm“There will be no outstanding disputes or claims relating to these SPVs. However, HCC still has Rs 3,140 crore in pending arbitration award...
HCC Group to receive Rs 1,259 crore from NHAI on dispute resolution; shares rise 5%HCC’s special purpose vehicles (SPVs) Baharampore-Farakka Highways and Farakka-Raiganj Highways entered into settlement agreements with NHA...
- Over 1,000 arrested in West Bengal; Clash in Murshidabad during strike
The clashes took place at Baharampore and Domkal in Murshidabad district, while instances of scuffle were also reported from other parts of...
Strike hits normal life in West Bengal, 200 arrestedThe clashes took place at Baharampore and Domkal in Murshidabad district, while instances of scuffle were also reported from other parts of...
CPI(M)-TMC workers clash in West Bengal's Murshidabad districtPolice sources said CPI(M) and TMC workers clashed at Baharampore and a few other places in Murshidabad district although details were yet ...
Mamata Banerjee mocks Adhir Chowdhury's style of protestAn agitated Chowdhury took off his shirt and alleged that although Congress workers were observing the bandh peacefully they were beaten up...
Abhijit Mukherjee faints in party rally, hospitalisedThe 55-year-old Lok Sabha member from Jangipur, was immediately rushed to the Jangipur Sub-Divisional Hospital where he regained consciousn...
198 nominations filed for fifth phase Lok Sabha polls in West BengalAltogether 198 candidates have filed nomination papers for the fifth and final phase of Lok Sabha election in West Bengal on May 12, Electi...
HCC reports Rs 5.39 crore net profit in Q3The construction major had reported a net loss of Rs 38.51 crore in the corresponding quarter of the previous financial year.
Govt not giving funds to Cong controlled municipalities: Adhir"Most of the Congress controlled municipalities are not getting funds from the state government," Chowdhury told reporters here.
- Rs 2,500 cr highway projects approved
The government today approved four highway projects worth over Rs 2,500 crore in five states, Gujarat, West Bengal, Bihar, Madhya Pradesh a...
- India won't succumb to Taliban threat: Pranab
Expressing outrage over the killing of two Indian construction workers in Afghanistan by suspected Taliban, India today said it would never...