NHAI
Infrastructure
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 ......
Finance
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 ......
Finance
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 ......
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 ......
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 ......
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 ......