Bengaluru, Feb 18 (IANS) The Enforcement Directorate (ED), Bengaluru Zonal Office, has provisionally attached movable properties — balance in the foreign bank accounts, maintained in the USA and Singapore, amounting to USD 55.69 Million (Rs 505 crore), held in the names of overseas shell companies operated and controlled by one Paavan Nanda and Saumya Singh Rathore, under Public Money Laundering Act (PMLA), an official statement said on Wednesday. The company is accused of using artificial or a…
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New Delhi, Jan 3 (IANS) Traffic and toll collection growth is expected to improve to 5-9 per cent in FY26, which will drive stability in the toll road sector through FY27, a new report has said.The report from ICRA said that the outlook on the toll road sector remains stable, paving the way for sustained growth.“On the back of benign WPI inflation, the inflation-linked toll rate hike is projected at around 3.2 per cent for newer projects and 1.6 per cent to 2 per cent for older projects in FY2…