
Adani Enterprises terminates deal to buy road projects worth ₹3,110 cr
Gautam Adani-led conglomerate last year signed a deal to acquire a 100% stake in Swarna Tollway Pvt Ltd and 56.8% Gujarat Road and Infrastructure Company Ltd
Gautam Adani-led conglomerate last year signed a deal to acquire a 100% stake in Swarna Tollway Pvt Ltd and 56.8% Gujarat Road and Infrastructure Company Ltd
The govt hopes to raise an additional ₹9,600 crore by March this year
Nitin Gadkari says 719 NH projects are running behind schedule due to protracted monsoon and other factors like average rain in some states, Covid-19, and an increase in raw material prices.
As part of the institutional placement, Canada Pension Plan Investment Board has proposed to make an additional investment of ₹357 crore in NHAI InvIT.
Acquisition entails issue of certain units of Shrem InvIT to Dilip Buildcon and associates as consideration for acquisition, says CCI