NHAI saves around Rs 1,000 crore of interest through debt payment planThe state-owned NHAI reported saving approximately Rs 1,000 crore in interest payments by pre-paying Rs 15,700 crore of its debt. This move...
06 Aug, 2024, 08.27 PM IST
NHAI prepays debt of Rs 15,700 crore; saves on Rs 1000 crore interestThe National Highways Authority of India (NHAI) has successfully prepaid a debt of Rs 15,700 crore from 2023-24 monetisation proceeds, resu...
06 Aug, 2024, 02.05 PM IST
NHAI not facing any financial crises: Nitin GadkariNHAI successfully managed its debt, pre-paying Rs 15,700 crore in loans through InvIT proceeds. With a debt of Rs 3.35 lakh crore, the auth...
25 Jul, 2024, 03.36 PM IST
Cube Highways announces Rs 3.94 per unit dividend for Q4Cube Highways Trust declared an annual distribution per unit (DPU) of Rs 10.09 for FY24, with plans to acquire seven road assets, including...
23 May, 2024, 02.26 PM IST
SC Lowy invests in Pune based real estate and Srinagar Banihal debtAn alternative investment fund backed by SC Lowy has invested in non-convertible debentures (NCD) in the last week of March. While Pharande...
11 Apr, 2024, 06.17 PM IST
NHAI borrowings jump over 2-fold to Rs 3.38 lakh cr in 3 yrsReplying to a written question in the Rajya Sabha, Road Transport and Highways Minister Nitin Gadkari said NHAI creates valuable road asset...
01 Dec, 2021, 03.29 PM IST
Extension of concession period for toll road operators unlikely to provide adequate relief: IcraThe Ministry of Road Transportation and Highways (MORTH) had suspended tolling on all national highways for a 25-day period between March 2...
01 Jun, 2020, 07.42 PM IST
NPA tag for L&T Infra’s subsidiaryThe classification of a special purpose vehicle, Chennai-Tada Tollways as an NPA may impact L&T IDPL’s initial interest in Jaypee Infratech...
17 Nov, 2018, 11.17 AM IST
NHAI owes only Rs 425 crore to IL&FS: OfficialsThe company has also claimed about Rs 4,000 crore for issues related to four national highway (NH) projects it is implementing, the officia...
25 Sep, 2018, 08.04 AM IST
NHAI secures Rs 25,000-crore loan from state bankBank lending to infrastructure sector had almost dried up forcing highways minister Nitin Gadkari to reach out to banks last month to get t...
31 Jul, 2018, 11.26 PM IST
NHAI's compensation for toll revenue loss insufficient: ICRANational Highway Authority of India (NHA) has suffered an income loss of around Rs 1,238 crore due to suspension of toll collection on high...
11 Dec, 2016, 01.12 PM IST
NHAI plans Rs 6,000-crore boost for road developers stuck in litigationGovt has asked departments, ministries & public sector entities to release 75% of disputed amount where developer has won an arbitration ca...
15 Sep, 2016, 08.17 AM IST
NHAI to repay loan to banks even in stuck projects"We have prepared a policy proposal on this to take forward the works and also to reduce chances of huge number of litigations," NHAI chair...
24 May, 2016, 12.24 PM IST
Road companies upbeat as new government policy to boost liquidityRoad builders received a shot in the arm after the government took two decisions to help the cash-strapped sector get much-needed liquidity.
14 May, 2015, 12.41 PM IST
Developer earns Rs 893cr toll on Gurgaon expresswayBut there is doubt among some National Highway Authority of India officials about the toll records since the volume of traffic has risen st...
10 Sep, 2013, 04.57 AM IST
- Companies float bond issues against NHAI annuity payments
Two Malaysia-based contractors have floated India’s first bond issue secured against annuity payments from National Highways Authority of I...
21 May, 2010, 02.41 AM IST
- States to pay 25 bps more for one-year loans
At a time when banks are being advised to lower the cost of funds to boost economic growth, the Centre has raised the interest rates on loa...
20 Nov, 2008, 01.29 AM IST