NHAI Gets SEBI Nod for Raajmarg InvIT Launch

26 Dec 2025 CW Team

National Highways Authority of India has recently received approval from Securities and Exchange Board of India for its sponsored Raajmarg Infra Investment Trust (RIIT) to be launched as a Public Infrastructure Investment Trust. The move strengthens NHAI’s asset monetisation programme while creating a long-term investment avenue primarily for retail and domestic investors.

The Public InvIT is aimed at unlocking value from National Highway assets and widening public participation in India’s highway infrastructure growth. NHAI had earlier incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the Investment Manager for RIIT, with equity participation from leading banks and financial institutions, including SBI, PNB, NaBFID, Axis Bank, Bajaj Finserv Ventures, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank and Yes Bank.

Commenting on the approval, NHAI Chairman Santosh Kumar Yadav said the development marks a key milestone in achieving asset monetisation objectives while strengthening the National Highway network. RIIT is expected to play a pivotal role in accelerating highway development by enabling broader domestic investor participation in infrastructure growth.

Infrastructure Transport

20 Jan 2026

Chennai Airport T2 Phase II Review Held

The Ministry of Civil Aviation (MoCA) Secretary Samir Kumar Sinha on Monday chaired a high-level review meeting to assess progress on the New Integrated Terminal Building T2 Phase II project at Chennai International Airport. During the meeting, officials were firmly directed to ensure that the nationally important project is completed without any delay. The Secretary instructed the Airports Authority of India (AAI), Larsen & Toubro (L&T) and the Project Management Consultant (PMC) to work in close coordination and resolve all pending issues immediately so that the terminal expansion is deliver..

Auto Components Up 6.8 Per Cent In H1 FY26

India’s auto component industry grew 6.8 per cent year-on-year to Rs 3.56 trillion (USD 42.7 billion) during April–September FY26, compared with Rs 3.33 trillion (USD 40.0 billion) in the same period last year, according to the Automotive Component Manufacturers Association (ACMA). The expansion was supported by steady domestic demand, a resilient aftermarket and continued investment in capacity, localisation and technology upgrades. Sales to OEMs rose 7.3 per cent to Rs 3.04 trillion (USD 36.5 billion), driven largely by passenger vehicles and light commercial vehicles. The aftermarket p..

Air India, SIA Plan JV On India–Singapore Routes

Air India and Singapore Airlines (SIA) will move towards a joint business agreement to deepen collaboration on services between India and Singapore, aimed at strengthening connectivity and enhancing customer offerings across both networks. As a first step, the two carriers signed a commercial co-operation framework agreement on Friday, according to industry sources. The proposed arrangement, similar to a commercial joint venture, will see the airlines coordinate schedules, pricing, sales and marketing on India–Singapore routes, subject to anti-trust approvals. The partnership is expected to..