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GMR Infra ends pact with NHAI for building India' largest highway
GMR Infra has terminated its contract with the National Highways Authority of India (NHAI) for building the Kishangarh-Udaipur-Ahmedabad highway after the highways authority failed to get the required environmental clearances #National Highways Authority of India #GMR Infra #highways
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What! Now a Rs 70 crore fraud in India's highways projects?
A World Bank report has indicated 'fraudulent and corrupt practices' in highway projects in India. #HowThisWorks #World Bank #Indian Railways #National Highways Authority of India #private contractors
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Poor returns, supply overhang: No takers for tax-free bonds
The market for tax-free bonds will now be limited to the super rich and retail investors, while insurance firms and mutual funds may stay off because they are not taxed on the interest income or coupon of the debt they buy. #WhyNow #Corporate bond #Yes Bank Ltd #National Highways Authority of India #Fixed income #Bank rate #Housing Bank for Trade and Finance
Wire
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Rediff
Highway projects get special green exemption
In a major step towards removing hurdles to implementing national highway projects, the Cabinet Committee on Investment on Thursday relaxed forest clearance norms for these projects. It decided to give “special exemptions” on forestry clearances. For lin #Palaniappan Chidambaram #India
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The Hindu
Expressway: contractor demands Rs. 103.95 cr
Soma Constructions Ltd., the contractor of the Chennai Port – Maduravoyal Elevated Expressway project, has sought Rs. 103.95 crore from the National Highways Authority of India (NHAI). The latest claim from the company, for the four-month period from Jan #Chennai #India
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The Hindu
Residents of north Chennai demand repairs to seawall
Over the last 14 years, Deepa's beats have changed every now and then. Currently, she covers infrastructure, the TNPCB and fishermen’s issues in Chennai.... » Residents of KVK Kuppam and Nethaji Nagar — fishing hamlets in north Chennai — are demanding th #Chennai #India




