"The committee is anguished to note that 888 road projects under the Ministry are delayed at present, which amount to Rs 3,15,373.3 crore i...

The committee notes that the debt servicing liability of NHAI for the next three Financial Years is even higher than the estimates that the...

The tribunal, chaired by members Mohammed Ajmal and V Nallasenapathy, allowed FSEL to receive the settlement amount of Rs 707.709 crore (su...

Apart from the exercise of recasting the financial statements, an SFIO probe report regarding an IL&FS subsidiary is nearing completion and...

The 150-km-long road, was acquired by Brookfield in 2015 from Gammon Infrastructure.

The finance ministry is set to revamp the operations of India Infrastructure Finance Company (IIFCL) with the government tasking it with fu...

L&T and its arms, which are engaged in highway projects have been termed as "habitual defaulters" by NHAI, which is likely to have a severe...

Projects have debt of Rs 1700 cr, exercise to help HCC deleverage group balance sheet.

The panel suggested that bank should see viability of the project -- whether lending some more money will give their due returns.

"In a different vein, the efforts of HCC Infrastructure to effect stake sale have been limited by contractual obligations imposed by the NH...

The NHAI board is scheduled to meet on Friday and its agenda involves approval of premium restructuring for these projects.

In a bid to revive the stagnating highways sector and bail out stressed projects, the NHAI is planning to allow multiple projects the optio...

The expert panel appointed by the Cabinet to examine bailout demands of highway developers has called for a traffic survey on 47 highways.

Government has set up a committee under C Rangarajan to decide all terms and conditions of the bailout policy for the road developer.

Highways ministry wants to extend its rescue package allowing staggered payment of premium to all struggling highway projects instead of pr...

NHAI has sought PMO help in salvaging projects abandoned by the developers and starting those projects that have found no takers till now.

Banks are tightening the screws on loans for road construction as they have burnt their fingers in highly leveraged projects in the stresse...