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Don’t miss the latest developments in business and finance.
Highway construction slows down, one-fourth target achieved till September
The Covid-19 pandemic and an unusually long rainy season have kept the authorities from reaching the annual highway construction target of 12,000 km
National Highways Infra Trust to raise Rs 2,350 cr via bonds, bank loans
To fund acquisition of three projects from NHAI, with which it will sign a concession agreement for 20 years
Karnataka: Gadkari lays foundation for 5 highway projects worth Rs 3,972 cr
The five projects are: Belagavi-Sankeshwar bypass, Sankeshwar bypass up to Maharashtra border, Chorla-Jamboki-Belagavi, Vijayapura-Muragundi (NH 548B) and Siddapura-Vijayapura(NH 561A)
NHAI debt reaches new high of Rs 3.2 trillion; toll revenue dips 4%
Borrowing up seven times in five years, growing at a CAGR of 47.6 per cent from Rs 45,300 crore at the end of March 2016
Number of FASTag users rises sharply to over 20 million, says NHAI
The NHAI said it is actively promoting digital payments to enhance the user experience on national highways
Centre sets ambitious highway targets, but few firms can deliver
Maintaining cash flow a problem; experts feel global players needed for execution, maintenance
How 'national highway' status for roads is hurting govt's finances
Nomenclature leads to reduction in toll revenues for the existing highways
Rs 7 lakh cr cleared for road expansion; thousands to get jobs: Highlights
This could also put to rest allegations that the Narendra Modi government has failed to create employment opportunities