Economy

Jio Payments Bank wins contract for MLFF project at 2 toll plazas on Gurugram-Jaipur highway

Jio Payments Bank Ltd (JPBL) has forayed into next-generation tolling services for Multi-Lane Free Flow (MLFF) road projects | Photo Credit: FRANCIS MASCARENHAS Jio Financial Services on Monday said its subsidiary Jio Payments Bank has secured a contract to implement the FASTag Automatic Number Plate Recognition (ANPR)-based MLFF collection system at two toll plazas between […]

DRA Homes acquires 4.38 acres on Chennai–Bengaluru highway for ₹650 crore project

Ranjeeth Rathod, Managing Director, DRA Homes DRA Homes, a Chennai-based real estate company, has acquired 4.38 acres of prime land in Chembarambakkam, situated along the Chennai–Bengaluru highway. The acquisition of this land, valued at ₹50 crore (inclusive of stamp duty), and its complete development are poised to achieve an estimated sales potential of ₹650 crore, […]

Economy

NHAI completes construction of Chhattisgarh’s first national highway tunnel

The National Highways Authority of India (NHAI) has completed the construction of a 2.79-km-long tunnel in Chhattisgarh as part of the Raipur-Vishakhapatnam economic corridor in 12 months, officials said on Sunday. It is the state’s first national highway tunnel, which passes beneath the hills along the border of Kanker and Kondagaon districts in Chhattisgarh, adjoining […]

Economy

Cabinet okays widening of Kaliabor-Numaligarh section of NH-715 to 4-lane highway

The existing Kaliabor-Numaligarh section of NH-715 (old NH-37) has a configuration of two-lane passing through densely built Jakhlabandha (Nagaon) and Bokakhat (Golaghat) towns, as per the statement. | Photo Credit: BHAGYA PRAKASH The Cabinet on Wednesday approved widening of Kaliabor-Numaligarh section of NH-715 in Assam at a total capital cost of ₹6,957 crore. According to […]

Economy

Ceigall subsidiary gets green light for ₹981 crore highway project

Ceigall India’s subsidiary, Ceigall Ludhiana Bathinda Greenfield Highway Private Limited, received the appointed date from the National Highways Authority of India (NHAI) on September 29, 2025, to commence work on a ₹981 crore highway project. The project involves developing a 6-lane access-controlled greenfield highway section of NH-754AD between Ludhiana and Bathinda. The stretch spans 45.243 […]

Economy

NHAI tightens RFP rules: Clarifies ‘similar work’, bans third-party securities in highway projects

The National Highways Authority of India has issued clarifications to Request for Proposal provisions aimed at strengthening contractor qualification norms, enforcing compliance, and enhancing transparency in highway project | Photo Credit: Govarthan M / The Hindu In order to improve the quality of project execution, reduce delays, and bring down the overall lifecycle cost of […]

Economy

Central Government tightens RFP norms for national highway projects

The Centre has tightened the request for proposal (RFP) norms required by contractors to bag work related to national highways to ensure that projects are awarded to contractors with proven technical and financial competence. Accordingly, the state-run NHAI (National Highways Authority of India) has issued clarifications to provisions of RFP that are aimed at strengthening […]

Economy

Mandis shut across Kashmir, farmers report ₹750 crore loss as highway closures stall trade

Parimpora Fruit Mandi was shut down in Srinagar on Monday. All major mandis remained closed in the valley on Monday | Photo Credit: IMRAN NISSAR Kashmir’s fruit trade came to a standstill for the second day on Monday, as mandis across the Valley shut down shutters in protest of frequent traffic disruptions on the Jammu–Srinagar […]