PNC Infratech Shares Fall After NHAI Notice Over Expressway
PNC Infratech dropped to an intraday low of Rs 241.60 on Thursday after NHAI issued show-cause notices over Kanpur-Lucknow Expressway damage. Here’s what triggered the...
Tag : NHAI
NHAI Beats ₹3,177 Crore Claim, Pays Just ₹46 Crore
NHAI has defeated a ₹3,177 crore claim over a Uttar Pradesh highway project, with the tribunal ordering it to pay just ₹46 crore. The dispute...
NHAI Denies Cave-In on Lucknow-Kanpur Expressway
NHAI has denied claims that the Lucknow-Kanpur expressway caved in, saying only a small surface patch slipped and was fixed within hours. The clarification came...
Shares of Ashoka Buildcon trade 5% down Despite winning a Rs 520 Crore Contract from NHAI
Ashoka Buildcon’s shares traded 5% lower on the National Stock Exchange (NSE) today despite winning a Letter of Award (LoA) worth Rs 520 crore from...
G R Infraprojects Soars 5% After Winning Rs 587.59 Crore Order from East Coast Railway
Shares of G R Infraprojects soared 5% on March 29 after the company secured an order from East Coast Railway for Rs 587.59 crore. Shares...
NHAI Violated Sanctity of Contract, Provided Concessionaires Undue Perks: CAG
The Comptroller and Auditor General (CAG) of India lambasted the National Highways Authority of India (NHAI) for providing undue advantages to concessionaires and violating the...
NHAI in Eyes with LIC to Raise Rs 25,000 crore
Reportedly, the national highways building authority NHAI is in talks with Life Insurance Corporation (LIC) to raise around Rs 25,000 crores through the sale of...
NHAI Foci Rs 5,000 Crore From Roads Tendering
An official told that the government will soon offer 550 km of roads to private companies to operate and collect tolls, in a move to...
Reliance Infra Wins Arbitration Against NHAI, Awarded Rs.200 Crores
Reliance Infrastructure Ltd. said today that it has won a Rs 200-crore arbitration award against the National Highway Authority of India (NHAI). The company said...
MEP Infrastructure receives LoA from NHAI
MEP Infrastructure Developers has received Letter of Acceptance (LoA) from National Highways Authority of India (NHAI). The company has received the LoA from NHAI, for...