Page 12 - Cube Highways News Today

Lacklustre opening likely for markets ahead of RBI meet, results April 05, 2021 × Stocks to watch out for today are Adani Enterprises, ITNL, PNC Infratech, Olectra Greentech, Ashiana Housing and ANG Lifesciences. After a long weekend, Indian markets are expected to open on a flat note on Monday. While signals are mixed from Asian markets, SGX Nifty points a 40-point gap down opening. The SGX Nifty futures currently rule at 14,915 (8 am IST), as against Nifty futures Thursdays close of 14,953....

The key equity indices further pared losses in mid-afternoon trade. Metal shares reversed early losses. At 14:26 IST, the barometer index, the S&P BSE Sensex, was down 829.91 points or 1.66% to 49,199.92. The Nifty 50 index tumbled 223.60 points or 1.50% to 14,643.75. The undertone of the market was still weak as a spike in domestic coronavirus cases and fresh curbs imposed by the state government dented investors sentiment. In broader market, the S&P BSE Mid-Cap index slipped 1.29% while the S...

ITNL, a subsidiary of IL&FS, on 31 March 2021 has duly received settlement amount of Rs 673 crore for Kiratpur Ner Chowk Expressway (KNCEL) and Rs 20 crore towards claims for Chenani Nashri Tunnelway (CNTL) - from National Highways Authority of India (NHAI). With these two projects, NHAI and MoRTH have settled aggregate IL&FS claims of over Rs 1,804 crore across 6 Road projects. KNCEL project was foreclosed under the Ministry of Road Transport and Highways (MoRTH) guidelines of March 2019 for s...

IL&FS receives Rs 693 cr settlement claim for 2 road projects ​ By IANS | ​ 8 Views IL&FS. (File Photo: IANS). Image Source: IANS News Mumbai, April 4 : IL&FS has received Rs 693 crore worth of settlement claims for two road projects from the National Highways Authority of India (NHAI). With the latest development, NHAI and MoRTH have settled aggregate IL&FS claims of over Rs 1,804 crore across 6 road projects. In a statement, IL&FS said that its subsidiary IL&FS Transportation Networks I...

IL&FS receives Rs. 693 crore settlement claims for two road projects from NHAI Posted On: 2021-04-04 03:27:59 (Time Zone: Arizona, USA) IL&FS Transportation Networks Limited (ITNL), a subsidiary of IL&FS, on March 31, 2021 has duly received settlement amount of Rs 673 crore for Kiratpur Ner Chowk Expressway Limited (KNCEL) and Rs 20 crore towards claims for Chenani Nashri Tunnelway Limited (CNTL) - from National Highways Authority of India (NHAI). With these two projects, NHAI and MoRTH ha...

ANI | Updated: Apr 04, 2021 17:22 IST Mumbai (Maharashtra) [India], April 4 (ANI): ITNL, a subsidiary of IL&FS, has duly received a settlement amount of Rs 673 crore for Kiratpur Ner Chowk Expressway Limited (KNCEL) and Rs 20 crore towards claims for Chenani Nashri Tunnelway Limited (CNTL) from the National Highways Authority of India (NHAI). According to the IL&FS, with these two projects, NHAI and MoRTH have settled aggregate IL&FS claims of over Rs 1,804...

Bharat Road Network inks pact with Cube Highways for sale of stake in Ghaziabad Aligarh Expressway Synopsis BRNL along with its partners has signed an agreement with Cube Highways, a portfolio company of I Squared Capital, for the complete transfer of ownership in an operating toll road project in Uttar Pradesh, the company said in a statement. Agencies Representataive Image Bharat Road Network Ltd (BRNL) along with its partners has inked a deal with Cube Highways for the sale of the entire sta...

Reliance Infra share spikes 10% on selling Santacruz HQ to YES bank Shares of Anil Ambani-led Reliance Infrastructure rose as much as 9.98 per cent to hit intraday high of Rs 38.55 on the BSE after the firm said it has sold Reliance Center in Santacruz to YES Bank for Rs 1,200 crore BusinessToday.In | April 1, 2021 | Updated 13:40 IST Anil Ambani-led Reliance Infrastructure shares fall 10% on Thursday Shares of Reliance Infrastructure Limited rallied 10 per cent on Thursday after the power gen...

Reliance Infrastructure Limited sold on Thursday its headquarters in Mumbai to YES Bank for Rs 1,200 crore. The bank will convert the building as its corporate headquarters. The entire proceeds from the sale of Reliance Centre in Santacruz will be utilised to repay YES Bank’s debt. With this announcement, Reliance Infrastructure has sold three major assets since January. It sold the Delhi-Agra toll road to Cube Highways and Infrastructure for an enterprise value of Rs.3,600 crore. It then s...

by Swarajya Staff - Mar 8, 2021 12:06 PM National Highway (representational image) (NHAI) Adani Enterprises and construction firm DP Jain & Co emerged as the highest bidder for two bundles of highways in the National Highways Authority of India’s (NHAI’s) fifth bundle of roads auctioned through toll-operate-transfer (TOT) mechanism. Under the fifth round of TOT, NHAI offered a 20-year lease period for two bundles with a total length of 159.5 km. The last date for submission of the bid...