Dilip Buildcon Bags Rs 860-crore Road Project In Chhattisgarh From NHAI
Highway developer Dilip Buildcon on Thursday said it has bagged a Rs 860.50 crore road project in Chhattisgarh from the National Highways Authority of India (NHAI).
In a regulatory filing the company said it has received the letter of acceptance (LOA) from NHAI for the said road project in Chhattisgarh.
"The company has received the letter of acceptance (LOA) on March 18, 2020 from the NHAI for new Hybrid Annuity Model (HAM) project in the state of Chhattisgarh," the filing said.
The project envisages four-laning "with paved shoulder configuration of Pathrapali-Kathghora...of Bilaspur-Kathghora section of NH-111...in the State of Chhattisgarh under Bharatmala on hybrid annuity mode by NHAI, the filing said.
Shares of the company were trading at Rs 248.20 a piece on BSE in the morning trade, down 4.94 per cent from the previous close.
Revoluts Australian Banking Licence Game Changer
Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more
The AI Bank Is Coming, But Who Controls The Risk?
Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more