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HIGHWAY TRUST FUND
Hindustan Construction Company secures Rs 127 crore Bhutan hydropower project contractHindustan Construction Company Ltd (HCC) has won a Rs 127 crore contract in Bhutan. The deal is for construction works at the Wangchhu Hydr...
NHAI lines up 17 highway assets spanning 1,692 km for monetisation in FY27National Highways Authority of India plans to monetize 17 highway assets spanning over 1,600 km in FY 2026-27. These stretches are located ...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa NetworksIndia's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. ...
Banks seek RBI relief on InvIT lending rules, warn 3-yr track record rule may slow infra monetisation & fresh fundingBanks have asked the Reserve Bank of India to relax new lending rules for Infrastructure Investment Trusts. The proposed three-year operati...
India plans Rs 35,000 crore highway asset monetisation in FY27The National Highways Authority of India (NHAI) has prepared a list of the highway stretches for monetisation with Haryana accounting for t...
IRB Infra Trust offers to sell two BOT highway assets worth Rs 4,663 crore to IRB InvIT FundIRB Infrastructure Trust has offered two of its revenue-generating highway assets, valued at approximately Rs 4,663 crore, to IRB InvIT Fun...
Road InvITs AUM to grow 30 pc this fiscal, led by asset monetisation surge: ReportRoad InvlTs assets will grow 30 percent this fiscal year, leading to an impressive Rs3.9 lakh crore in assets managed by March 2027. The gr...
How much is the federal gas tax and how much could Americans save as Trump weighs gas tax holiday amid soaring fuel pricesFederal gas tax: US President Trump is considering a temporary federal gas tax suspension amid soaring fuel prices. While the federal tax i...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
Hidden gas fee? The real reason you are paying 18 Cents extra per purchaseGas tax suspension 2026 is gaining urgent attention as U.S. fuel prices hit $3.79 per gallon nationwide. The Gas Prices Relief Act of 2026 ...
NHAI-backed Raajmarg InvIT IPO opens for subscription. Check price band and other detailsRaajmarg Infra Investment Trust launched its IPO on Wednesday, aiming to raise Rs 6,000 crore by offering 60 crore units at Rs 99-100 each....
NHAI accepts NHIT's Rs 6,221 cr offer to monetise two highway assetsNational Highways Authority of India has accepted an offer of over Rs 6,200 crore from National Highways Infra Trust. This deal monetises t...
Three Indian infra investment trusts eye $500 million debt in coming weeks, sources sayThree Indian infrastructure investment trusts, including the National Highways Infrastructure Trust, are planning to raise up to 43 billion...
PNC Infratech completes stake sale in 10 road assetsPNC Infratech has finalized the sale of its stake in 10 road assets to Highways Infrastructure Trust (HIT), an Infrastructure Investment Tr...
KKR, Ontario Teachers' to invest Rs 5,500 crore in road InvITKKR and Ontario Teachers' Pension Plan are investing Rs 5,500 crore in the Highways Infrastructure Trust, which owns and operates highways ...
L&T, 6 others pick 8.03% stake in Cube Highways Trust for Rs 1,243 croreThe company had clocked a loss of Rs 20 crore in the year-ago period. Its total income rose to Rs 830.9 crore from Rs 781.6 crore, while ex...
NHAI InviT head Suresh Goyal to quitPrior to joining NHAI InvIT, Goyal was the Head of Macquarie Infrastructure and Real Assets for South East Asia & India region. Under Goyal...
Cube InvIT announces inaugural distribution with Rs 2.15 per unit payoutCube Highways Trust has recorded a consolidated income of Rs 781.5 crore, along with EBITDA of Rs 422.89 crore, for Q1 FY 2023-24. Notably,...
CDPQ may sell ₹1,500 crore stake in India InvIT to meet normsCDPQ is likely to raise about $150-$200 million (₹1,000 -1,500 crore) by selling additional stake in the InvIT, the sources said. The sale ...