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Hitting the road

Hitting the road

Investing in an infrastructure project isn´t really glamorous, more so if it happens to be a still developing economy like India that needs to first create some basic infrastructure. A new road project or a thermal power plant many not excite as much as investing in a cutting-edge technology start-up in India´s own Silicon Valley, Bengaluru

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Tata Realty buys Expressway

Tata Realty buys Expressway

Hyderabad-based Madhucon Projects has signed an agreement to sell its Agra-Jaipur Expressway project to Tata Realty and Infrastructure for Rs 250 crore, making it the second merger and acquisition deal in the roads sector in December 2014.