With Prime Minister Narendra Modi slated to review the progress of centrally- Nearly 17 kilometres of land for the project was acquired in the past week, with more than 25km acquired this month. The PM’s review comes close to the heels of Union road transport and highways minister Nitin Gadkari in a hard-hitting letter to the chief minister Bhagwant Mann …
Mumbai: Infrastructure Leasing and Financial Services Ltd has received over 30 expressions of interest for its road assets, which are being scrutinised, the infrastructure financier said on Wednesday in a press note. The road assets, classified under IL&FS’s domestic roads vertical and include the engineering, procurement and construction and operation and maintenance businesses, were put on sale as part of …
New Delh: Shares of IL&FS group companies surged up to 10 percent on Tuesday as it announced its plan to sell equity stakes in its road assets to raise funds. On Monday, Infrastructure Leasing & Financial Services group, which sits on a debt pile of about Rs 90,000 crore, said it will sell equity stakes in its road assets to …
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