NHAI
General
Grapevine: Carlyle frontrunner for Piramal pharma stake; NHAI InvIT to take off soon
US-based private equity firm Carlyle has emerged as the frontrunner to pick up a 20% stake in Ajay Piramal’s pharma ......
Infrastructure
Why is the market not fired up about HG Infra despite road maker ‘ticking all boxes'?
At first glance, HG Infra Engineering Pvt. Ltd comes across as a rare Indian highway developer that seems to have ......
Infrastructure
In Charts: How India's $5 tn GDP dream faces mounting infra delays, cost overruns
On Wednesday, Prime Minister Narendra Modi chaired a meeting of PRAGATI, or the Pro-active Governance and Timely Implementation, a multi-purpose, ......
Infrastructure
Can road builder Sadbhav beat revenue doldrums amid shrinking order book, debt woes?
At first glance, highway developer Sadbhav Engineering Ltd seems to have a debt problem. The debt nearly doubled in five ......
General
Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit
Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to buy road platform Highway Concessions One ......
Infrastructure
Policy Tracker: India laying highways at a rapid pace, but are investors enthused?
While delivering his interim Budget speech earlier this month, Piyush Goyal called India the world’s fastest-growing highway developer. The then ......
Infrastructure
How the pecking order of India's top highway builders changed in past 4 yrs
Prime Minister Narendra Modi-led Bharatiya Janata Party government touts highway construction as one of its major achievements since it came ......
General
Alibaba eyes minority stake in Dailyhunt; Brookfield, Macquarie bid for highways
Chinese e-tailing giant Alibaba group may be in talks to pick up a 10-12% stake in Ver Se’ Innovation Pvt. ......
Infrastructure
Court asks Khazanah-backed firm, NHAI to put money on the table to shield lenders
The Delhi High Court has directed a private equity-backed infrastructure company to produce a bank guarantee and the National Highways ......
Infrastructure
Jaitley walks a tightrope to fund infrastructure
Finance minister Arun Jaitley’s third Union budget had a theme—Transform India. And while reading out the budget speech, Jaitley termed ......