With ongoing projects getting commissioned and the road ministry setting higher targets, the two companies should be able to deliver robust growthIndia’s top two road infrastructure companies, IRB Infrastructure Developers Ltd (IRB) and IL&FS
IL&FS Transportation Networks Ltd (ITNL), through its Singapore-based subsidiary, is looking to raise money by issuing Yuan-denominated bonds, the company said.
The rapid metro rail service for Gurgaon, conceived as a joint venture project of DLF and IL&FS, is set to become functional from mid-2013. It is to be fully funded by IL&FS, with DLF not investing, both companies have confirmed.
IL&FS Transportation Networks (ITNL) has moved higher by 4% at Rs 192 after the company said it has received a construction contract worth of Rs 1,818 crore from the National Highways Authority of India (NHAI).
Surface transportation infrastructure company IL&FS Transportation Networks has bagged a road project from National Highways Authority of India in West Bengal and Odisha estimated to cost about Rs 471.05 crore.
IL&FS Transportation Networks today said it has emerged as the lowest bidder for a National Highways Authority of India's (NHAI) project in West Bengal and Odisha.
IL&FS Transportation Networks Ltd (ITNL) has moved higher by 3% at Rs 193 after the company said it has emerged as the lowest bidder for the National Highways Authority of India (NHAI) Rs 471 crore highway projects.
IL&FS Engineering and Construction Company has soared 12% at Rs 93 on reporting a net profit of Rs 3.16 crore for the third quarter ended December 31, 2011, on back of higher sales, reflecting that the company has managed to turn around.
IL&FS Transportation Networks (ITNL) is trading higher by 8% to Rs 220 after the National Highways Authority of India (NHAI) declared the company as preferred bidder for Rs 1,818 crore road project.
IL&FS Transportation Networks (ITNL) has moved higher by 5% at Rs 212 after the company said it has emerged as the lowest bidder for the National Highways Authority of India (NHAI) road project in Himachal Pradesh.
IL&FS Transportation Networks (ITNL) has seen its stock gradually slide from over Rs 360 last September to its new low (intra-day) of Rs 144 on Wednesday, thanks to weak sentiments in the global and domestic markets.
IL&FS Transportation Networks (ITNL) has opened higher by 3% to Rs 172 on acquiring stake in a state-owned Chinese enterprise. The landmark deal is estimated at $150 million (approx Rs 782 crore).
The flourishing India-China bilateral ties turned a new page today with an Indian company for the first time acquiring a substantial stake in a Chinese state-owned firm with over $150 million investment.
IL&FS Transportation Networks (ITNL) – the largest build-operate-transfer (BOT) road projects company in India – seems to be a safer bet compared to its closest peer IRB Infrastructure developers (IRB), given their business portfolio mix,
