E-PaperMep News
MEP Infra to offload stakes in road projects to Cube Highways
Road developer MEP Infra today said it has signed a non-binding term sheet to sell six hybrid annuity model projects to Cube Highways for 450 crore
2 min read9 Aug 2018Infrastructure firms return to QIP market in 2018 as orders swell
Four infrastructure companies, namely NCC, Gayatri Projects, ITD Cementation and MEP Infrastructure, have raised more than Rs1,200 crore through QIPs so far in 2018
2 min read2 Apr 2018Why are infrastructure stocks falling when order flows in roads are up?
The banking crisis may lead to tighter lending norms, and that is bad news for infrastructure firms that depend on financial institutions for day-to-day capital
2 min read30 Mar 2018MEP Developers raises Rs161.79 crore via QIP
MEP Developers says it closed the QIP at an issue price of Rs77.50 per equity share, including a discount of 4.90% to the floor price of Rs81.49 per equity share
1 min read28 Mar 2018Andhra CM seeks to ensure at least Rs1.2 lakh annual income by March 2019 for every household
Andhra Pradesh CM N. Chandrababu Naidu has told officials to come up with ways to ensure every household in the state has annual income of at least Rs1.2 lakh by March 2019
2 min read14 Sep 2017MEP Infra in talks with Korean, Chinese, Japanese firms for road project tie-ups
MEP Infrastructure is also in talks with two large overseas funds to form a joint venture to bid for road projects under the new toll-operate-transfer model
2 min read13 Jun 2017MEP Infra set to file draft papers for Rs1,200 crore InvIT this month
MEP Infrastructure says it has seen interest from Canada's CDPQ, CPPIB, as well as US pension funds
2 min read7 Apr 2017Toll operators saved from worst fears as urban traffic shows signs of recovery
MEP Infra, which operates 30 toll plazas on national highways, has seen traffic volume recover in its Mumbai projects after a decline in December
2 min read12 Jan 2017MEP may launch InvIT in Q4 FY17, to raise around Rs1,200 crore
Once the in-principle approval is in place, the company will start the process for forming the InvIT
1 min read2 May 2016Wholesale onion prices hit lowest level of FY16 at Rs9.50
Onion price at Lasalgaon have fallen by more than 76% to Rs9.50 per kg in Feb from Rs41.30 per kg in Sept
1 min read2 Feb 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared