Larger revenue emergence along with absence of enormous operational margins is the same story shared by IRB infrastructure and IL & FS Transportation Networks (ITNL), India’s biggest road toll operators, post their March quarter performance. IRB Infra announced its revenue at Rs.1,537 crore after market hours for the fourth quarter of 2015-16 which is way […]
HAM projects by government making sensation in Development Industry
The recently sanctioned hybrid annuity model (HAM) for road projects have engaged developers in serious bidding for each of the five projects announced during January – March. Under these proposals the government, to enable investments and executing stranded road projects, is going to contribute for 40% of the total cost and would then release the […]