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Meghalaya High Court Upholds DGGI Show Cause Notice Against Jorabat-Shillong Expressway Limited

Meghalaya High Court s rejected of Jorabat-Shillong Expressway Limited s plea challenging a GST show cause notice.

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Stocks that will see action today—October 20, 2023 - The Hindu BusinessLine

Stocks that will see action today—October 20, 2023 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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NHAI Pays Over Rs 891 crore To IL&FS As Termination Compensation For Khed-Sinnar Expressway Project

NHAI Pays Over Rs 891 crore To IL&FS As Termination Compensation For Khed-Sinnar Expressway Project
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

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IL&FS receives settlement amount of Rs 693 cr from NHAI

ITNL, a subsidiary of IL&FS, on 31 March 2021 has duly received settlement amount of Rs 673 crore for Kiratpur Ner Chowk Expressway (KNCEL) and Rs 20 crore towards claims for Chenani Nashri Tunnelway (CNTL) - from National Highways Authority of India (NHAI). With these two projects, NHAI and MoRTH have settled aggregate IL&FS claims of over Rs 1,804 crore across 6 Road projects. KNCEL project was foreclosed under the Ministry of Road Transport and Highways (MoRTH) guidelines of March 2019 for stalled and incomplete projects. CNTL is a completed project, earning annuities, and the Rs 19.6 crore is the claim amount towards change of scope.

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IL&FS receives Rs 693 cr settlement claim for 2 road projects

IL&FS receives Rs 693 cr settlement claim for 2 road projects By IANS | 8 Views IL&FS. (File Photo: IANS). Image Source: IANS News Mumbai, April 4 : IL&FS has received Rs 693 crore worth of settlement claims for two road projects from the National Highways Authority of India (NHAI). With the latest development, NHAI and MoRTH have settled aggregate IL&FS claims of over Rs 1,804 crore across 6 road projects. In a statement, IL&FS said that its subsidiary IL&FS Transportation Networks India Limited (ITNL), on March 31, 2021, duly received settlement amount of Rs 673 crore for Kiratpur Ner Chowk Expressway Limited (KNCEL) and Rs 20 crore towards claims for Chenani Nashri Tunnelway Limited (CNTL) from NHAI.

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