NHAI to monetise assets worth Rs 150 to Rs 200 billion

12 Jun 2024 CW Team

Through the National Highways Infra Trust (NHIT), an infrastructure investment trust, the National Highways Authority of India (NHAI) will generate revenue from road assets valued between Rs 150 and Rs 200 billion in the current fiscal year. In three rounds of monetisation, NHIT, which was established in October 2020 to assist the government's national monetisation pipeline, has raised a total of Rs 261 billion so far. In accordance with the NHAI statement, NHIT's non-convertible debentures are held by about 12,000 retail bond holders and 190 investors. It manages a varied network of fifteen toll roads across nine states?Assam, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Telangana, Uttar Pradesh, and West Bengal?with a combined length of over 1,525 km. In November 2021, units of NHIT were historically offered for Rs 101 each and listed on the National Stock Exchange in addition to the Bombay Stock Exchange. As of March 31, 2024, each unit in NHIT has a net asset value of Rs 124.75. In the meantime, NHAI revealed a new corporate logo for NHIT that represents advancement and nimbleness. "NHAI stated that the new corporate identity will assist NHIT in becoming a prominent player in the InvIT space and will be crucial in directing financial resources towards the continued expansion of the nation's highway network." The new logo, unveiled by NHAI chairman Santosh Kumar Yadav, intends to improve NHIT brand awareness among different stakeholders and harmonise its representation with its fundamental principles of responsibility, adaptability, ongoing education, quality, honesty, and cooperation, it continued.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..