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SOMA TOLLWAYS
PJTL lenders agree for Rs 1,020 crore one-time settlementLenders of Panipat Jalandhar NH 1 Tollway (PJTL) have agreed to a one-time settlement on Rs 3400 crore dues, accepting a Rs 1,020-crore all...- Future, Srei Cos among 17 accounts in NARCL's buy listThe largest account on the list is Srei Equipment Finance with an outstanding loan of Rs 22,485 crore. The list also includes Srei Infrastr...
- Cube Highways in talks to buy Dhule-Pimpalgaon Eway SPVThe SPV is a joint venture between Ircon International and Soma Enterprise, with equal equity participation.
- NCC, Soma exit Bangalore Tollway; sell stake for Rs 750 cr to IDFCInfrastructure firms NCC Infrastructure and Soma Enterprise are selling their entire stake in Bangalore Elevated Tollway Ltd for Rs 750 cro...
- SC allows private firm to restore construction of highway projectIt directed that the shifting although may not be permitted at KMs 110, it may be allowed to be shifted at any point between KMs 110 and KM...
- FIPB to consider 17 FDI proposals on February 3As per the agenda, FIPB will take up investment proposal of INX Music, a company which distributes music content for TV channels.
- Government clears 13 FDI proposals worth Rs 1,258 croreGovt said it has cleared 13 FDI proposals worth Rs 1,258 cr and referred Axis Bank's proposal for increasing foreign equity for considerati...
- Supreme Court stays HC order asking NHAI to take over highway projectThe court said if shifting of the toll plazas can be allowed, then the project concessionaire be issued a letter to that effect.
- Govt approves 16 FDI proposals worth Rs 924 crForeign Investment Promotion Board (FIPB) deferred a decision on 14 applications, rejected 7 and recommended one for the CCEA.
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