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In Charts: How highway construction is slowing and how serious is NHAI's debt burden

Infrastructure

13 March, 2023

In Charts: How highway construction is slowing and how serious is NHAI's debt burden

In mid-February, speaking at a conclave, Union Road Transport and Highways Minister Nitin Gadkari said that India’s road network will ......

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Canadian pension funds light up a muted Diwali week for dealmaking

Finance

05 November, 2021

Canadian pension funds light up a muted Diwali week for dealmaking

Private equity and venture capital investments during the Diwali week were the weakest since the beginning of 2021.  Companies raised about ......

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ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Finance

15 September, 2021

ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more debt ......

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Why is the market not fired up about HG Infra despite road maker ‘ticking all boxes'?

Infrastructure

17 February, 2020

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 ......

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In Charts: How India's $5 tn GDP dream faces mounting infra delays, cost overruns

Infrastructure

12 November, 2019

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, ......

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Can road builder Sadbhav beat revenue doldrums amid shrinking order book, debt woes?

Infrastructure

07 November, 2019

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 ......

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Policy Tracker: India laying highways at a rapid pace, but are investors enthused?

Infrastructure

25 February, 2019

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 ......

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How the pecking order of India's top highway builders changed in past 4 yrs

Infrastructure

18 June, 2018

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 ......

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Court asks Khazanah-backed firm, NHAI to put money on the table to shield lenders

Infrastructure

06 December, 2017

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 ......