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NHAI DEBARMENT
PNC Infratech shares tank 20%. What’s triggering the steep plunge on Tuesday?PNC Infratech shares plunged after NHAI extended the debarment of Awadh Expressway to the company for three years, restricting its particip...- Delhi-Dehradun Expressway: NHAI blames drainage issues for road cave-in, acts against officials, contractorFollowing a road surface cave-in on the Delhi-Dehradun Economic Corridor, the National Highways Authority of India has initiated disciplina...
- Sunny Agrawal flags execution risks in NCC; sees Reliance as ‘buy on dips’Construction firm NCC may see slow growth in FY26 due to project delays and payment issues. However, Reliance Industries offers a chance to...
- Uttar Pradesh: Army jawan assaulted by toll plaza workers, NHAI imposes hefty fine, initiates process to cancel agency licenseIn Meerut, Uttar Pradesh, an army soldier named Kapil was allegedly attacked by toll plaza workers. Six individuals have been arrested. The...
- Govt inspecting books of Colliers Int'l (India) Property Services: MinisterThe Ministry of Corporate Affairs is inspecting Colliers International India's books. This follows the termination of their services as a v...
- NHAI debars CDS infra projects for faulty construction on Amritsar-Jamnagar ExpresswayThe National Highways Authority of India has debarred CDS Infra Projects from highway projects after cracks appeared in the Sanchore–Santal...
- NHAI debars Megha Engineering for Kerala NH-66 lapseThe National Highway Authority of India (NHAI) has debarred Megha Engineering & Infrastructures Limited (MEIL) for one year due to inadequa...
- NHAI bars 14 toll collection agencies for irregular activitiesState-owned NHAI has barred 14 toll collection agencies for irregularities following a fraud probe by Uttar Pradesh STF. Show-cause notices...
- NHAI debars 14 toll fee collection agencies for two yearsIn a statement issued on Thursday, the National Highways Authority of India (NHAI) under the administrative control of the ministry of road...
- NHAI was conceived as an organisation with only a core team to take decisions … all other activities are outsourced: ChairmanChairman of National Highways Authority of India, SS Sandhu said, "despite losing the best construction months to Covid-related lockdown, N...
- NHAI to fine up to Rs 10 crore for major lapses in structures"In order to deal with the lapses in highway development, NHAI has issued a strict policy to decide penal action against defaulting firms/ ...
- Chinese firm among contractors debarred by NHAI for faulty constructionThe National Highways Authority of India (NHAI) has debarred five firms, including one from China, for faulty construction in West Bengal w...
- New NHAI norms may slow down project awards: ReportThe target for FY19 is to award 20,000 km projects with majority to be awarded on the EPC mode, it noted.
- Nitin Gadkari says 2019 focus will be on creating world-class expressways networkThe focus in 2019 now would be to build a network of "world-class expressways", Road Transport and Highways Minister Nitin Gadkari said.
- Dispute resolution & contract enforcement key to India's futureIts 2018 contract enforcement rank is 163 out of 190 countries, the lowest among G-20 countries.
- Put notices to road builders on hold, NHAI toldSources said Gadkari termed the NHAI's decision to mention the list of terminated projects and the name of companies on its website as a "h...
- NHAI slaps notice on infra biggies, threatens 3-year banThe termination of contracts have been done since 2014, and NHAI has asked for representations from several companies including L&T and Ess...
- Government starts process to probe $ 1.18 million 'bribery' in NHAINitin Gadkari said it was reported in media that M/S CDM Smith had paid approximately USD 1.18 million in bribes to government officials in...
- Government empowered to debar companies from bidding: SCThe Supreme Court has ruled that the government is empowered to blacklist and debar companies from bidding without any statutory law.
- Current order book stands at around Rs 10,000 cr: Rupen Patel, Patel EngineeringET Now talks to Rupen Patel, MD, Patel Engineering about the order book position of the company & projects in the pipeline.
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