India-Myanmar-Thailand superhighway starting from Manipur to open in November

Last Updated: Thursday, September 3, 2015, 16:26

The first 26.5 km stretch will bring the travel time down to one hour, reports say.

Brookfield buys nine projects from Gammon Infra for Rs 6,750 crore

Last Updated: Saturday, August 29, 2015, 10:41

Gammon Infrastructure has sold stake in 9 projects valued at Rs 6,750 crore to Brookfield and Core Infra India Fund, a deal that will fetch Rs 563 crore as well as reduce its debt by Rs 1,718 crore.

Developers allowed to divest 100% equity in road projects

Last Updated: Wednesday, August 26, 2015, 22:47

The government Wednesday allowed developers to divest 100 percent equity in projects two years after the completion of such schemes, a move that can unlock investments worth about Rs 4,500 crore in the sector.

IRB infra arm ties up Rs 1,400 cr for NHAI project

Last Updated: Tuesday, July 28, 2015, 14:30

IRB Infrastructure Developers Ltd Tuesday said its subsidiary has tied up Rs 1,400 crore funds to execute a project awarded by National Highway Authority of India.

With ''attitude shift'', Takata moves from denial to compromise in air bag crisis

Last Updated: Thursday, May 28, 2015, 11:23

Takata faces dozens of civil lawsuits, which have been consolidated in a U.S. federal court in Miami, alleging the Japanese firm and automakers knew for years about potential problems with the air bags but failed to warn customers or alert regulators until recently.

US extends oversight of GM's handling of safety issues

Last Updated: Friday, May 22, 2015, 09:09

US regulators will oversee General Motors Co`s decision-making about potential vehicle safety issues for an additional year, the National Highway Traffic Safety Administration said on Thursday.

Takata air bag troubles deepen as Honda, Daihatsu add recalls

Last Updated: Thursday, May 14, 2015, 13:12

The Honda and Daihatsu recalls raise to roughly 36 million the number of vehicles recalled worldwide since 2008.

Govt allows cos to exit road projects; NHAI to fund stalled ones

Last Updated: Wednesday, May 13, 2015, 13:17

The government on Wednesday allowed developers to exit highway projects two years after they are completed, a move that will unlock investments worth Rs 4,500 crore and provide renewed thrust to the sector.

GRT India looks at Rs 1,500 cr revenue in next 3 years

Last Updated: Wednesday, May 13, 2015, 10:35

Australia-based company, which specialises in polymer soil stabilisation, will be investing around Rs 100 cr.

Government approves Rs 5,529-cr highway projects

Last Updated: Wednesday, April 22, 2015, 23:11

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, gave approval for development of the eight-laning of Mukarba Chowk to Panipat section of National Highway 1 in Delhi and Haryana.

CCEA approves highway projects worth Rs 9,500 crore

Last Updated: Tuesday, April 7, 2015, 21:45

The government Tuesday approved three highway projects worth Rs 9,500 crore in Tamil Nadu and Uttar Pradesh, including those connecting Varanasi -- the Lok Sabha constituency of Prime Minister Narendra Modi.

Highway projects to pick up in Q1 of the next fiscal: ICRA

Last Updated: Monday, February 23, 2015, 21:29

Efforts to fast-track clearances in the highways sector will yield positive results beginning the first quarter of 2015-16, rating agency ICRA said Monday.