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IRB Infrastructure Commences Tolling On TOT-18 Project, Invests ₹3,087 Crore For 20-Year Concession
IRB Infrastructure Developers Ltd., through its trust, began toll collection on the Chandikhole–Bhadrak NH-16 stretch from April 1, 2026. The project involved an upfront concession fee of Rupees 3,087 crore and granted tolling rights for 20 years, marking the group’s entry into Odisha and expanding its national highway portfolio.
cityfalcon.com·4d ago
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Stocks in news: HDFC Bank, IRB Infrastructure, Nitco, Indigo, Amber Enterprises, Sula Vineyard, Brand Concepts
Indian frontline indices closed sharply lower on Monday, with the Nifty and Sensex experiencing significant drops due to a sell-off in banking, auto, and consumer stocks. Escalating geopolitical tensions, rising crude oil prices, and a weakening rupee further impacted market sentiment.
cityfalcon.com·12d ago
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VIDEO: Massive Traffic Congestion Returns To Mumbai–Pune Expressway After Lane Closure For Repair Work; Commuters Hit By Long Delays
Traffic congestion hit the Mumbai–Pune Expressway again after a Pune-bound lane was closed for repair work by IRB Infrastructure. Commuters faced long delays, prompting highway police to regulate movement and allow U-turns. Traffic improved after intervention by authorities.
cityfalcon.com·1mo ago
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IRB Infrastructure Acquires Gandeva Ena HAM Highway Assets For ₹1,200 Crore
IRB Infrastructure Developers announced on February 2, 2026, that its sponsored IRB InvIT Fund has completed the acquisition of Gandeva Ena (VM7) HAM highway assets valued at approximately Rs 1,200 crore. Part of the upcoming New Delhi-Mumbai Greenfield Expressway in Gujarat, the deal expands the InvIT
cityfalcon.com·2mo ago
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Budget 2026: L&T, Adani Ports and other infra stocks jump up to 4% on big capex hike to Rs 12 lakh crore
Indian infrastructure stocks rose after the Union Budget 2026 boosted FY27 capital expenditure to ₹12.2 lakh crore, supporting growth in roads, railways, ports, power, and urban projects. L&T, Adani Ports, IRB Infrastructure and KEC International gained as higher public spending reinforced long-term order book visibility and sector optimism.
cityfalcon.com·2mo ago
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