NHAI plans Rs 5,000 crore tax-free bonds

National Highways Authority of India plans to launch a tax-free bonds issue to mop up about Rs 5,000 crore by December, an official said. KOLKATA: National Highways Authority of India plans to launch a tax-free bonds issue to mop up about Rs 5,000 crore by December, an official said. “The process has already begun. We will soon mandate a merchant banker for the same,” Satish Chandra, member (finance) at the state-owned autonomous agency, told ET. The highways authority, or NHAI, which is responsible for all the national highways in the country, has already notified top merchant bankers and roped in rating agencies Crisil BSE -1.14 %, Care and Brickwork Ratings India for the proposed issue. Delhi-based M V Kini & Co will be its legal advisor.The proposed issue will be subject to statutory approvals.An NHAI official said the money raised will be used for future investment needs…
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TRAFFIC CONGESTION : A Road-User Perspective

These days, everyone is talking about creation of Smart Cities. So what has this got to do with traffic congestion on roads? A “Smart City” promises its citizens a very high quality of life by planned usage of resources – physical infrastructure included – to create an eco-system of sustainable economic development, living, governance, mobility, environment, and so on. Towards this objective, a Smart City is expected to deploy automated controls to achieve this. Smart transportation is a key enabler for enhanced mobility in Smart Cities. How often have you got stuck in traffic while travelling to catch a flight, train, to get emergency medical assistance or to attend to that urgent meeting or for an interview? Something that each one of us in cities experience frequently, and are not too pleased doing so! The feelings…
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12 Computer (PC) Tricks You Should Try Right Now

Computers have simplified our life to a great extent. Things that were impossible earlier can now be completed instantly thanks to computers. However, this does not mean that a PC is all work and no play.Here are some ofthe best tricks you can try out on your Windows based computer. 1.    Have fun with Notepad       If you think that Notepad is just a basic text editor, then, you will be amazed by its capabilities. You can use Notepad to create everything from personalized logs to harmless viruses that are incredibly annoying. Go see this post to know just how useful Notepad is fun , every time fun. 2.  Command Prompt too has some tricks up its sleeves If you think that the Command prompt is a boring old program that no one uses, you are making a huge…
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Smart tolling yet to roll on Indian highway

Smart Tolling on Indian highway A few weeks ago, when Road Transport & Highways MinisterNitin Gadkari launched an electronic toll-collection system on the Delhi-Mumbai highway, television channels reported live from toll plazas showing vehicles with radio frequency identification (RFID) tags in dedicated lanes that did not have to stop for paying cash. But a visit to a few toll plazas onNational Highway 8 shows the e-toll is yet to take off.Kherki Daula, the first toll gate from Delhi on the highway to Mumbai, has separate lanes marked 'FASTag', with the e-toll system installed. But supply of radio frequency identification cards for vehicles has not yet begun, says an executive with Millennium City Expressways, concessionaire for the Delhi-Gurgaon expressway."We have completed trials and the software has been installed till Jaipur. But ICICI Bank is yet to start selling tags. We expect the…
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