National Highway Authority Of India

PM Narendra Modi on two-day visit to Karnataka from Monday

Tomorrow, the Prime Minister is arriving in Karnataka on a two-day visit. He will take part in an inauguration and a foundation-laying ceremony in the Indian Institute of Science.

SC seeks NHAI reply on plea for stay of Dwarka Expressway flyover construction

Advocate Prashant Bhushan, appearing for the petitioners, said NHAI is building an already constructed small road which passes through densely populated colonies and has six schools on its periphery.

Dilip Buildcon rises 2% on project win worth Rs 503 from NHAI

The contract value of the project is Rs 503.10 crore with 24 months of completion period.

Dilip Buildcon gains 4%, signs MOU with Shrem Infraventure

The company has signed an MOU with Shrem Infraventure who will invest 49 percent of the equity share capital in the SPV and the company will hold the remaining 51 percent stake.

Sadbhav Infrastructure rises 12%, declared lowest bidder by NHAI

The project cost is Rs 1071 crore and construction period is 910 days from appointment date.

Karur Vysya Bank launches 3 technology services

The tags can be reloaded as and when required and tags are valid at all toll lazas throughout the country, Venkataraman said.

Stamp duty and tax, on gift of property

Gifting is an act, through which a person voluntarily transfers certain rights in an asset to another person, without any consideration. Gifting of a house property, has certain income tax and stamp duty implications. &#82

Demonetisation: NHAI pegs toll suspension losses at Rs 1,238 crore

The National Highway Authority of India would suffer an income loss of Rs 1,238 crore due to suspension of toll collection on highways till December 2 post demonetisation, Parliament was informed today.

Maha inks MoU with NHAI to plant trees along National Highways

The project involves planting trees in the next two years along 10,000 km national highways that pass through the state beginning from March 2017.

China evinces interest in constructing highways in India: Govt

Road Transport and Highways Ministry has set an ambitious target of building 15,000 km of roads and award another 25,000 km projects in this fiscal, which is about two-and-a-half times higher than last year's.

Railways undertakes projects worth Rs 60,000 in JV with states

Encouraging participation of states in rail projects, Indian Railway has taken up more than 40 projects worth over Rs 60,000 crore on cost-sharing basis with state governments.

Highway projects worth Rs 1 lakh cr to be awarded in FY17: NHAI

Raghav Chandra says NHAI has the requisite funds for the arbitration norms and the government has shown its full support in this account.

Gayatri Projects bags Rs 1,255 cr highway project

The project envisages "rehabilitation and upgradation to 4-laning of Angul-Sambalpur section...in Odisha under NHDP-IV..," the company said in a filing to BSE.

Plan to resolve all stressed highway projects by year-end: NHAI

The government has reduced stressed assets in the national highway projects to a fourth in the last two years and is hoping to remove them completely by this year-end, according to a Yes Bank report titled 'Redefining India's Infrastructure'.

'No land acquisition will be allowed till higher compensation'

Demanding fair market price and compensation as per factor 2- which implies that the compensation would be four times, the Samiti members said no social impact assessment (SIA) has been done.

H G Infra bags Rs 400 cr project from NHAI

"The 62 km long Tonk Sawaimadhopur section would be executed on EPC mode and completed in 2 years from the date of commencement of the project," the Ministry of Road Transport and Highways said in a statement.

Dilip Buildcon rises 3%, bags project worth Rs 2016 crore

National Highway Authority of India (NHAI) has declared the company as the selected bidder for 4-laning of the Lucknow-Sultanpur section of NH-56 in the state of Uttar Pradesh under NHDP phase-IV on hybrid annuity basis at a project cost Rs 2016 crore.

Ashoka Buildcon bags Ludhiana highway project; shares up 5%

National Highway Authority of India (NHAI) has declared company's subsidiary Ashoka Concessions as lowest bidder for the project in Ludhiana on Hybrid Annuity mode.

Gujarat to get Rs 2 lakh cr for infra development: Gadkari

Centre will allocate Rs 2 lakh crore to Gujarat for the development of roads and ports during the next three years, Union minister Nitin Gadkari said today.

Cement, road sectors finally witnessing turnaround: Industry

The infrastructure and cement industry is finally seeing promises made by the Narendra Modi fulfilled as executives say demand has increased on back of government initiatives.

Sadbhav Infra up 8% on Uttarakhand, UP road projects from NHAI

Construction period for both projects is 730 days each and operational period is 15 years from date of commercial operation.

L&T bags orders worth Rs 2,213 cr from various biz verticals

The company said in a BSE filing that it has won "new orders worth Rs 1,078 crore from National Highway Authority of India (NHAI) for construction of Kerala/Tamil Nadu-Villikuri- Kanyakumari sections of NH-47 and NH 47B under NHDP Phase-3 in the state of Tamil Nadu on EPC mo