New Delhi, April 2 (IANS) India’s primary market has started 2026 on a strong note, with initial public offerings (IPOs) raising $2.5 billion in the first quarter, marking a 7.8 per cent increase year-on-year (YoY) and the highest first-quarter performance since 2018, a new report said on Thursday.India remained a key global IPO destination, accounting for around 8 per cent of worldwide proceeds during the quarter, according to a report by London Stock Exchange Group (LSEG).The broader equity …
Latest Raajmarg Infra Investment Trust News & Updates
New Delhi, March 30 (IANS) The National Highways Authority of India (NHAI) has realised Rs 28,307 crore through a combination of Public InvIT, Private InvIT, and Toll-Operate-Transfer (TOT) model, including TOT Bundles 17 and 18 for FY 2025–26, the government said on Monday.With bids received for TOT Bundle-19, which are under technical evaluation, NHAI is well poised to achieve the government’s budgeted target of Rs 30,000 crore for current fiscal.NHAI has successfully monetised over 310 km…
New Delhi, March 24 (IANS) Union Road Transport and Highways Minister Nitin Gadkari on Tuesday said India’s toll collection could see a sharp jump in the coming years, driven by rising road projects, growing vehicle numbers and a shift to advanced digital systems.Speaking at an event, Gadkari said the government expects annual toll revenue to rise to about Rs 3.5–4 trillion in the near future, compared to the current Rs 80,000–85,000 crore.He explained that as the economy grows, the automo…
New Delhi, Jan 2 (IANS) The National Highways Authority of India (NHAI) on Friday said that its Infrastructure Investment Trust (InvIT) — Raajmarg Infra Investment Trust (RIIT) — has received AAA (Stable) rating for long-term bank facilities by CARE Ratings Limited.The top-tier rating underscores the high degree of safety and reliability offered by RIIT’s debt instruments, making it among the most secure investment options available to investors.“This milestone reinforces RIIT’s position…
New Delhi, Dec 24 (IANS) The National Highways Authority of India (NHAI) on Wednesday said it has received approval from the Securities and Exchange Board of India (SEBI) for Raajmarg Infra Investment Trust (RIIT) as a Public Infrastructure Investment Trust (InvIT).According to Ministry of Road Transport and Highways, the Public InvIT aims to unlock monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and …