In the run-up to the Lok Sabha elections, local people have put up a banner saying “no road, no vote” outside their village in the Gauriganj tehsil here, drawing attention to their problems. A banner came up outside Purey Alpi Tiwari hamlet in Sarmeny village under Jamo block on Monday warning to boycott the coming […]
Category: Roads
NHAI completes InvIT monetisation of Rs 16,000 crore through ‘Round 3’
National Highways Authority of India (NHAI) on Tuesday completed the third round of funding through its infrastructure investment trust, raising a record over Rs 16,000 crore for 889 kilometres of national highway. The capital was raised by National Highways Infra Trust (NHIT), the infrastructure Investment Trust (InvIT) of NHAI, as part of the Centre’s asset […]
Reliance Infra hits 5-year high; stock zooms 41% in 3 days
Shares of Reliance Infrastructure hit a five-year high of Rs 260.80, as they rallied 10 per cent on the BSE in Monday’s intraday trade, on the back of heavy volumes. In the past three trading days, the stock has zoomed 41 per cent as the company signed a settlement agreement with ICICI Bank. The shares […]
4 national highways, 279 roads closed due to snow, rain in Himachal Pradesh
A total of 279 roads, including four national highways, have been closed for vehicular traffic in Himachal Pradesh due to recent snow and rains even though the state witnessed a dry day on Friday. Manali received traces of snow in the past 24 hours, the MeT said on Saturday, adding a fresh western disturbance is […]
Ircon International receives LoA for road project in Mizoram
Ircon International has been awarded the LOA for construction of Twin Tube Uni-directional Aizawl Bypass Tunnel of 2.5 km and its approaches of 2.1 km from km 10.600 to km 15.200 (Package-2) on Sairang – Phaibawk section of NH-6 in the State of Mizoram on EPC Mode at a quoted bid price of Rs. 630.66 […]
PM Modi asks ministers to prepare road map for first 100 days, 5 years
Prime Minister Narendra Modi on Sunday told ministers to draft a roadmap for the first 100 days and next five years for new government, sources said. Chairing a Cabinet meeting here this morning, the PM also asked them to meet secretaries and other officials of their respective ministries to discuss how the agenda for the […]
4 national highways, 279 roads closed due to snow, rain in Himachal Pradesh
A total of 279 roads, including four national highways, have been closed for vehicular traffic in Himachal Pradesh due to recent snow and rains even though the state witnessed a dry day on Friday. Manali received traces of snow in the past 24 hours, the MeT said on Saturday, adding a fresh western disturbance is […]
Nitin Gadkari announces 4 projects across India worth Rs 1,885 crore
Union Minister for Road Transport and Highways Nitin Gadkari on Friday announced four road and transportation projects, for which the ministry has sanctioned a total of Rs 1885.51 crore. Gadkari made the announcement in a series of separate posts on social media platform X (formerly Twitter). These projects are located in Karnataka, Madhya Pradesh, Gujarat […]
National highways construction up, but govt may miss award target
With a month from the close of the financial year, construction of national highways (NH) in the country in FY24 has been nearly 13 per cent higher than the last financial year at 9,088 kilometres (km), data by the ministry of road transport and highways shows. However, the government is likely to miss its target […]
NHAI asks Paytm FASTag users to switch to another issuing bank by March 15
NHAI has advised Paytm FASTag users to obtain a new FASTag from another bank before March 15 to ensure a smooth travel experience and avoid inconvenience at toll plazas, an official statement said on Wednesday. This will help avoid penalties or double fee charges while commuting on National Highways, as per the statement. Following the […]
Bharat Highways Invit makes muted debut; shares of Birla AMC down 4%
Units of Bharat Highways Infrastructure Investment Trust (InvIT) made a mild debut on Tuesday, closing 3 per cent higher on the exchanges against the issue price of Rs 100. On the NSE, units of Bharat Highways InvIT began the trade at Rs 101.10, with a premium of 1.1 per cent. It finally ended at Rs […]
Bharat Highways InvIT rises on debut
Shares of Bharat Highways InvIT were currently trading at Rs 103.23 at 10:24 IST on the NSE, representing a premium of 3.23% as compared with the issue price of Rs 100. The scrip was listed at Rs 101.10, exhibiting a premium of 2.11% to the issue price. So far, the stock has hit a high […]