NHAI appoints manager for Raajmarg InvIT

NHAI appoints manager for Raajmarg InvIT

New Delhi: The National Highways Authority of India has incorporated Raajmarg Infra Investment Managers Pvt Ltd (RIIMPL) as the investment manager for the proposed Raajmarg Infra Investment Trust (RIIT). The first issuance of units in the public infrastructure investment trust (InvIT) for retail and public investors is expected in February 2026. Over the next three-five…

Read More
FASTag annual pass crosses 25 lakh users, records over 5.6 crore transactions in two months, key things to know

FASTag annual pass crosses 25 lakh users, records over 5.6 crore transactions in two months, key things to know

National Highways Authority of India (NHAI) launched the FASTag annual pass on August 15. It has quickly gained popularity, crossed 25 lakh users in just two months. According to the Ministry of road transport and highways, the FASTag pass facilitated around 5.67 crore transactions on national highways since its launch. This move highlights its growing adoption among commuters…

Read More