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NHAI targets ₹40,000 cr via monetisation in FY26

Financial Express Mumbai

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November 01, 2025

IRB’s ₹9,200 cr top bid for first TOT asset this year

- MUKESH JAGOTA

INTHE FIRST instance of highway monetisation during the current financial year, IRB Infrastructure is learnt to have emerged as the highest bidder for an operational asset being monetised through Toll Operate Transfer (TOT) mode.

The company has put ina bid worth %9,200 crore for 333.4-km long highway networkin Uttar Pradesh, sources privy to the development said.

This marks a revival of investor interest in operational highways, especially those with high revenue potential.

The financial bids for the Uttar Pradesh highway bundle were opened earlier this week. The final approval of the bid will follow multiple layers of scrutiny.

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Financial Express Mumbai

IIHL, Invesco form JV to build global BFSI powerhouse

INDUSIND INTERNATIONAL HOLDINGS (IIHL) and Invesco completed the formation of their asset management joint venture, according to a press release on Sunday.

time to read

1 mins

November 03, 2025

Financial Express Mumbai

Festive cheer lifts UPI to record highs in Oct

Transactions through UPI touched a new high, both in terms of volume and value in October, according to data from the National Payments Corporation of India showed, reports Kshipra Petkar.

time to read

1 min

November 03, 2025

Financial Express Mumbai

Contractors to be penalised for repeat highway accidents

SAFER ROADS

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1 mins

November 03, 2025

Financial Express Mumbai

Existing lenders may join SP Group’s $2.5-bn raise

SOME OF THE global funds which participated in Shapoorji Pallonji (SP) Group’s last round of borrowing may join in once more as the conglomerate gears up for another major fundraising exercise.

time to read

2 mins

November 03, 2025

Financial Express Mumbai

Will consider flights to Kenya, Egypt, other nations: Akasa CEO

AKASA AIR WILL consider operating flights to Kenya, Ethiopia, Egyptand some other countries, and the three-year-oldairline nowfeels“very good” about the delivery schedule for its Boeing planes, according to its CEO Vinay Dube.

time to read

2 mins

November 03, 2025

Financial Express Mumbai

‘COUNTRY NOT SEEKING NUCLEAR WEAPON’ Will rebuild nuclear facilities: Iran prez

TEHRAN WILL REBUILD its nuclear facilities “with greater strength”, Iran’s President Masoud Pezeshkian told state media on Sunday, adding that the country does not seek a nuclear weapon.

time to read

1 min

November 03, 2025

Financial Express Mumbai

Dedicated freight corridors cut logistics cost by 6% of GDP

THE DEDICATED FREIGHT corridors (DFC) have reduced India’s logistics cost from 14% to 8-9% of GDP, claimed Dedicated Freight Corridor Corporation of India (DFC-CIL) ina statement.The company said that this reduction is not just an economic achievement but a national mission to strengthen India’s industrial competitiveness and self reliance.

time to read

1 mins

November 03, 2025

Financial Express Mumbai

Nifty poised for short consolidation

TECHNICAL ANALYSIS

time to read

2 mins

November 03, 2025

Financial Express Mumbai

Uncertain future ahead, warns Army chief citing Trump

CHIEF OF ARMY Staff General Upendra Dwivedi spoke of the unpredictability of future threats while addressing a gathering of students at his hometown of Rewain MPon Saturday.

time to read

1 min

November 03, 2025

Financial Express Mumbai

ECGC listing likely in this fiscal to boost export credit

FOUR YEARS AFTER the Cabinet Committee on Economic Affairs approved the listing of the Export Credit Guarantee Corporation (ECGC), the government is now set to move ahead with its initial public offering (IPO) later in the current financial year, sources said.

time to read

1 mins

November 03, 2025

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