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Roadway Solutions gets $120 mn investment commitment amid rating cut, project delays

By Aman Malik

  • 15 Mar 2024
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Roadway Solutions gets $120 mn investment commitment amid rating cut, project delays
Credit: Reuters

Roadway Solutions India Infra Ltd (RSIIL) has secured a commitment of $120 million (nearly Rs 1,000 crore) from a Mauritius-based private investment firm, months after it suffered a ratings downgrade amid a declining order book, project delays and waning revenues.  The Pune-headquartered highway developer, which currently has a Rs 9,000 crore ......

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