Highways Financial News

Indian National Congress worker, 22-year-old Himani Narwal’s body was found dumped near Rohtak-Delhi highway in Sampla on March 1. The 22-year-old woman was killed, and her body was stuffed in a suitcase. The police authorities have recovered the suitcase on a bus stop of the busy highway. The case is currently being investigated, and one arrest has been made so far. The accused in the custody is 30-year-old Sachin alias Dhillu.

In a troubling trend, many vehicle owners have reported receiving toll deduction messages from their FASTag wallets even when their cars were parked or they hadn’t passed through a toll plaza. Officials attribute these errors to toll operators mistakenly entering vehicle numbers, often due to the FASTag being unreadable or when tags are carried in wallets, TOI has reported. In response to these “false” deductions, the National Highways Authority of India (NHAI) has taken action, penalizing toll collectors in at least 250 cases. The highways authority's toll management entity, IHMCL, has begun imposing a hefty fine of Rs 1 lakh for each violation.

The affected families have been relocated to safer places and restoration works are in progress, said Kangra Deputy Commissioner, Hem Raj. One person was reported missing near Shiva Hydropower project in Palampur and search operations have been launched to trace him, officials said on Saturday.

Subscribe to enjoy similar stories. In 2020, the Union government introduced three farm laws which were perceived by millions of farmers around the country as being biased towards big business and detrimental to their own interests.

Manglam Group, this hub is strategically positioned to benefit from the surroundings’ skyrocketing connectivity and infrastructure. Manglam Builders has been a leading name in the real estate business for 30 years. Their zest towards delivering only the finest quality land and resources to their clientele is unmatched. This industrial park isn't just another piece of land they have brought forth. It is more of a meticulously planned ecosystem that is carefully placed and curated to foster industrial excellence. It brings a compelling proposition for all discerning investors, established corporations and industrial giants alike. A few of their older schemes include Manglam Industrial Park in Manoharpura, Manglam Industrial City in Choumu, Manglam Industrial City in Govindgarh, Kanakpura Industrial Area in Sirsi Road, Jaipur. Each of these projects is operational providing Industries a well-planned infrastructure and amenities.

Subscribe to enjoy similar stories. American hospitality chain Wyndham Hotels & Resorts is betting on India’s next generation of hotel developers to drive its future growth. As younger, first-time owners enter the industry with a preference for greater control, the world’s largest hotel franchisor sees a chance to expand without the traditional costs of managing or owning properties.

Sutandra Chatterjee. Chatterjee, a resident of Chandernagore, Bengal, was traveling to Gaya, Bihar, for work when the accident occurred around 12:30 a.m. Her vehicle overturned, and she died at the scene. Two of her colleagues suffered injuries. Police have seized both vehicles involved in the incident but have yet to make any arrests, a TOI report stated.

Subscribe to enjoy similar stories. The Union government’s ambitious Asset Monetization Plan 2.0 (2025-2030) will likely focus on power transmission, mining, and petroleum, with high-value assets like transmission lines opened for private participation while aiming to increase its annual monetization target to ₹2-2.5 trillion in 2025-26, two people familiar with the matter told Mint. In the Budget 2025, finance minister Nirmala Sitharaman unveiled the second Asset Monetization Plan (2025-30), targeting ₹10 trillion by monetizing government-owned assets and reinvesting the proceeds into new infrastructure projects. However, an annual target was not announced in the budget.

Occupants of the two and three-wheeler vehicles and pedestrians were majority of the victims in the road crash deaths here in 2023, an official on Sunday said quoting the data.

Nitin Gadkari on Friday said road projects worth Rs 3 lakh crore will be completed in Kerala during his regime, including Rs 50,000 crore worth upcoming projects. Addressing Invest Kerala Global Summit (IKGS) virtually, the Road Transport and Highways Minister said the road sector is important for the state and also highlighted growth potential of tourism.

Pinarayi Vijayan on Friday said no investor need return for the reason of non-availability of land in Kerala, though land was a scarce resource in Kerala.

Subscribe to enjoy similar stories. Highway tolls are eating into commuters’ budgets, with costs rising year after year. Now, the government is weighing a plan to offer discounted toll passes that could bring relief to regular highway users, according to two people familiar with the matter.

Subscribe to enjoy similar stories. New Delhi: The government introduced steep tax breaks about a year ago to lure global electric vehicle (EV) manufacturers to set up shop in India. Apart from indications that Elon Musk's Tesla Inc.

Subscribe to enjoy similar stories. Delhi International Airport Ltd (DIAL) has denied any culpability in the collapse of the canopy of its Terminal 1 (T1) last year, which killed one person and injured eight others. This doesn't come as a surprise.

Subscribe to enjoy similar stories. New Delhi: Cube Highways Trust has signed share purchase agreements (SPAs) to acquire three road assets from the National Investment and Infrastructure Fund’s (NIIF) Athaang Infrastructure for an enterprise value of $725 million.

Cube Highways Trust, the InvIT managed by Cube Highways Fund Advisors, has acquired 2 road assets from the Government owned National Investment and Infrastructure Fund Limited (NIIF), according to a Cube Highways statement.

Subscribe to enjoy similar stories. Snowfall is a much-awaited occurrence in India, so much so that the first whiff of snow is followed by posts on WhatsApp groups and social media, and hordes rush from the plains to the Himalaya. Shimla, Manali and their environs become a heaving jumble of cars sliding on ice and fashionably but unsuitably dressed influencers making reels, making any trip to see snow a rowdy affair.