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Ceigall India signs ₹603 crore NHAI concession agreement for Punjab highway project
Ceigall India had earlier informed exchanges that it had received the letter of acceptance for the project. The execution of the concession agreement marks the next step toward the commencement of construction activities.
Battery tech startup Exponent Energy raises ₹200 cr in Series B extension
Exponent Energy has raised ₹200 crore in a Series B extension co-led by 360 ONE and TDK Ventures to expand its EV fast-charging network, retrofit business, and highway infrastructure for commercial vehicles.
NHAI flags off asset monetisation for FY27
The National Highways Authority of India has started its asset monetisation drive for the current financial year. Bids were opened for two national highway stretches in Tamil Nadu. Epic Concesiones 2 Pvt Ltd emerged as the highest bidder for TOT-Bundle 19. NHAI aims to raise significant funds through asset monetisation in the coming years.
HC says toll collection against construction services provided to NHAI taxable
The Rajasthan High Court has ruled that toll collection rights are taxable. These rights are considered payment for highway construction services provided to the National Highways Authority of India. The court rejected arguments that toll collection is exempt from GST. This decision could impact public-private infrastructure projects. Tax authorities can now demand GST, interest, and penalties.
NH builders seek predefined input rates for projects under active bids
Road builders are asking the government to set fixed rates for bitumen and fuel. This is for highway projects currently up for bidding. They warn that current price differences could lead to unfair bidding and delay projects. The industry believes this will ensure transparent and fair competition. It aims to protect the financial health of these crucial infrastructure developments.
Stock Alert: Highway Infra, Innovision, RailTel Corp, Cupid Breweries, Le Travenues Tech
Securities in F&O Ban:
Highway Infra reappoints Arun Kumar Jain as MD, Anoop Agrawal as WTD
Highway Infrastructure approved the reappointment of Arun Kumar Jain as managing director and Anoop Agrawal as whole-time director for a further period of three years with effect from 5 May 2026, subject to shareholders' approval.
Ceigall India arm inks pact to monetise highway asset for Rs 177-cr
Ceigall India announced that its wholly owned subsidiary, Ceigall Infra Projects has entered into a definitive agreement to divest its stake in Ceigall Malout Abohar Sadhuwali Highways (CMASH) to Neo Infra Income Opportunity Fund.
India, Myanmar deepen ties; India boosts Mekong-Ganga ICCR scholarships to 100, pledges support for Kaladan and IMT trilateral highway
In his interaction with the President, the Prime Minister stated that Myanmar lies at the confluence of Indias Neighbourhood First, Act East and MAHASAGAR (Mutual and Holistic Advancement for Security and Growth Across Regions) policies. The discussions underscored the importance of strengthening bilateral cooperation, including trade and economic ties, defence and security, border management, development assistance and cultural exchanges. Both sides noted ongoing discussions on various bilateral Agreements and Memoranda of Understanding and looked forward to their early conclusion.
From off-highway tyres to on-road — Balkrishna broadens its bets
Balkrishna Industries built its business around exporting specialized off-highway tyres. Now, as tariff wars and geopolitical tensions reshape trade, it is diversifying into new segments and geographies. ‘I don’t think anybody can stay aloof from geopolitical scenarios,’ says joint MD Rajiv Poddar.
Highway Infrastructure consolidated net profit declines 25.82% in the March 2026 quarter
Sales rise 107.90% to Rs 274.63 crore
Delhi-NCR to get highway projects worth Rs 34,000 cr: Gadkari
Delhi-NCR is set to receive a major transport upgrade. Over ₹34,000 crore will be invested in new highway projects. These include expressways, ring roads, tunnels, and elevated corridors. The government aims to create a modern and future-ready transport network. This initiative will boost connectivity, reduce fuel use, and promote economic growth in the region.