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Wednesday , 12 June 2024

Tag Archives: IRB Infrastructure

E-tags for toll collection on National highways

The Road Ministry will have the Electronic Toll Collection system implemented on all toll plazas on the national highways in at least one lane by the end of the fiscal. The Ministry plans to implement electronic toll collection across the national highways and the National Highways Authority of India has formed Indian Highways Management Company Ltd to implement electronic toll ...

IRB to raise Rs500 crore

IRB Infrastructure has received approval from its board to raise up to ?500 crore by means of private funds. The funds will be raised by issuing redeemable non-convertible debt securities, including senior and subordinate debt securities in one or more tranches. IRB showed a net profit of ?151 crore, as compared to ?120 crore in the same quarter last year ...