The government is set to revise highway contract rules. These changes aim to attract more private companies to build roads. New provisions ...

When a government-owned entity disrespects an arbitration award for nearly five years, it makes India's aspiration, publicly aired at the h...

Before deciding on any restructuring proposal, the tribunal must hear the concessionaire, the concessioning authority and the L2/H2 bidder....

The proposed MCA includes allowing changes in equity holding of a project so as to provide exit option to developers after six years.

In three such projects even a single kilometer of road has not been completed whereas the fund withdrawn by developers is in the range of R...

Haryana chief minister Manohar Lal Khattar said that completion of the stalled project is one of the priorities of the new state government.

A Road Ministry official said the proposal seeks to allow highway developers to exit under the clause of Substitution (Agreement) in the Mo...

The city will have to wait longer to get rid of unwanted trucks and other heavy vehicles which cause congestion on roads.

To push widening of the Gurgaon-Jaipur highway stretch, bankers have been asked to submit plans to replace the present developer before Aug...

IDFC will also replace the current concessionaire Delhi Gurgaon Super Connectivity Ltd (DGSCL) with another suitable party to take-over the...

The DMRC decision to run the Airport Express line from Monday seems to be suiting everybody, including the lenders.

Under the new norms, lenders of the project (bank, financial institution) will have a say in deciding the exit of the developer.

Several complaints have been received about poor quality of fruits and vegetables sold at Mother Dairy-owned Safal booths in New Delhi.

The road ministry wants the leeway to substitute developers when they don't meet project milestones rather than wait for a default to happe...

NHAI is blaming IDFC, the leader of the lending consortium, for the delay in taking over the Delhi-Gurgaon expressway from the concessionai...

Airport Metro Express will miss its August-end deadline set by the government for resumption of services as the repair work undertaken by D...

Days before the ministry of urban development decides on the deadline for finishing the repair work on Airport Metro Express, more 'defects...