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FINANCIAL ISSUES HIGHWAY PROJECT
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...- RB Infrastructure Trust to transfer two BOT Highway assets with enterprise value of Rs 4,605 croreIRB Infrastructure Developers announced a significant deal where its sponsored platforms will transfer two BOT highway assets, Solapur Yede...
- 28 stations, 35-km: Gurgaon's proposed metro corridor connects Sector 56 to Pachgaon with a Global City stop and Namo Bharat interchangesGurgaon new metro corridor: Haryana Mass Rapid Transport Corporation has finalised the detailed project report for a 35-kilometre, 28-stati...
- Just 79 days! Rs 12,000-crore Delhi-Dehradun Expressway develops massive potholes two months after inaugurationJust 79 days after its inauguration, the Rs 12,000 crore Delhi-Dehradun Expressway is reportedly riddled with large potholes, sparking outr...
- Higher performance guarantees from lower bids in highway projects: Road transport ministryThe government is tightening rules for highway project bids, demanding higher performance guarantees for offers exceeding 30% below origina...
- Cabinet approves two highway projects for Rs 14,115 croreThe government has greenlit two major highway projects totaling Rs 14,115 crore. A 117.7 km access-controlled highway in Uttar Pradesh, des...
- Explained: Why Tata Elxsi shares crashed 7% after KPIT Tech’s Q1 revenue, profit guidance warningTata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to ...
- Union Cabinet approves six-lane Dwarka tunnel, Kanpur-Kabrai highway worth Rs 14,115 croreThe Union Cabinet has greenlit two significant highway projects totaling over Rs 14,000 crore. A six-lane tunnel will soon connect Dwarka E...
- KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages saidKPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, includi...
- Why KPIT Tech shares crashed 17% today: The BMW & Volkswagen connection explainedKPIT Technologies witnessed a significant 17% stock plunge following a revenue slowdown warning for Q1FY27, primarily due to unexpected cut...
- Ford Recall: Over 741,000 vehicles over transmission issue that may result in crash, injuryFord transmission recall: NHTSA said that Ford is aware of 24 allegations of property damage and nine alleged injuries, with two of those b...
- Hindustan Copper pins Navratna ambitions on 50,000 TPA Jhagadia ProjectHindustan Copper's Jhagadia project in Gujarat, a 50,000-tonne secondary copper smelter, is poised to significantly boost the company's rev...
- How Ambani built Project Jupiter to launch India’s biggest IPOReliance quietly executed Project Jupiter to prepare Jio’s IPO while managing regulatory changes, investor alignment and strict secrecy. Th...
- BPCL to buy 40% stake in Shell, Tiki Tar venture to expand value-added bitumen businessBharat Petroleum Corporation Ltd. is acquiring a 40% stake in Tiki Tar and Shell India for Rs 85 crore, marking its significant entry into ...
- UP RERA issues show-cause notices to 76 realty promoters for failing to upload annual audit reportsUttar Pradesh RERA has taken a firm step by issuing show-cause notices to 76 project promoters for neglecting to provide their annual audit...
- ₹3,692-crore elevated corridor to redefine Imphal’s skylineManipur is set to get a massive 25-km elevated corridor in Imphal, a Rs 3,691 crore project aimed at easing traffic and boosting developmen...
- Shashi Tharoor-led parliamentary committee meets Ladakh LG; region's key challenges discussedLadakh Lieutenant Governor Vinai Kumar Saxena said he held a detailed discussion with a Shashi Tharoor-led parliamentary standing committee...
- Infra projects see Rs 5.4 lakh crore cost overrun: MoSPIIndia's major infrastructure projects, each exceeding Rs 150 crore, have collectively seen cost overruns reaching approximately Rs 5.4 lakh...
- Centre approves Rs 530 cr for intelligent transport system in ChennaiChennai is set to revolutionize its traffic management with a Rs 500 crore intelligent transport system. Funded by a loan from Japan, the p...
- Five missing as flash floods hit Arunachal PradeshFlash floods in Arunachal Pradesh's Keyi Panyor district have left at least five people missing and damaged around 20 homes following inces...
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