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With the combined value of Rs 15,968 crore of TOTs awarded in 2023-24, the National Highways Authority of India has surpassed its monetisation target of Rs 10,000 crore, the ministry of road transport and highways said on Monday.

NHAI has awarded Toll, Operate and Transfer (TOT) projects of a combined length of 273 km for Rs 9,384 crores to successful bidders, Ministry of Road Transport and Highways said on Monday.The projects have been clubbed into two categories ...

With the combined value of Rs 15,968 crore of TOTs awarded in 2023-24, the National Highways Authority of India has surpassed its monetisation target of Rs 10,000 crore, the ministry of road transport and highways said on Monday.

India News: The NHAI aims to surpass its target of raising Rs 10,000 crore from auctioning completed highway projects this year. So far, it has bid out two projec

For all infrastructure investments in India, funds controlled by ADIA are exempt from paying taxes on dividends, interest income and long-term capital gains, till March 2024.

The share touched a 52-week high of Rs 32.64 and a 52-week low of Rs 12.50 on 06 December, 2023 and 28 March, 2023, respectively.

HCC Infrastructure Company, a subsidiary of the company also received Rs 110 crore as an earn out money from Cube Highways and Infrastructure V Pte Ltd, for stake sale in Baharampore-Farakka Highways (BFHL).

HCC share price: The company, in a BSE filing, said it will sell its Swiss construction unit to a French firm for Rs 928 crore. "Steinier AG, Switzerland, a material subsidiary of HCC, has entered into a share purchase agreement with Demathieu Bard for divestment of its entire equity interest in Steiner Construction SA, Switzerland, for Rs 928 crore," it stated.

Mubadala has invested over $4 billion in India of which $1.6 billion has been deployed by the real estate and infrastructure investments platform.