Cube Highways InvIT has entered into an SPA with the NIIF to acquire two road assets valued at Rs 41.84 billion. The deal signed includes the purchase of a 100 per cent stake in Athaang Jammu Udhampur Highway Private Limited and Quazigund Highway Private Limited. The proposed acquisition will enhance the InvIT’s current asset portfolio and align with its objective of using its financing capacity to purchase high quality assets.
Infra.Market raises Rs 10.5 billion in pre-IPO round
Infra.Market, a technology-enabled construction materials marketplace, has secured Rs 10.5 billion in its pre-IPO funding round. With the latest fundraising, the company’s valuation has reached Rs 241.47 billion. The investors included Tiger Global, Evolvence, and […]
Data Surge: Faster speeds, growing consumption
The Indian telecom sector has witnessed several important developments during the past year, marked by the introduction of the draft National Telecom Policy, 2025 and the National Broadband Mission (NBM) 2.0. Industry experts discuss the […]
