Latest news with #AnilYadav
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Business Standard
3 days ago
- Business
- Business Standard
IRB InvIT to acquire 3 road assets worth ₹8,436 cr from IRB InvIT Fund
IRB InvIT Fund, the publicly listed infrastructure investment trust (InvIT) sponsored by IRB Infrastructure Developers, is set to acquire three road assets at an enterprise value of Rs 8,436 crore from IRB Infrastructure Trust, the sponsor's privately held InvIT. The unitholders of the public InvIT have given their approval to the proposed acquisition of the 100 per cent equity share capital of three special purpose vehicles (SPVs)—Kaithal Tollway Limited, IRB Hapur Moradabad Tollway Limited, and Kishangarh Gulabpura Tollway Limited—from the private InvIT, with a majority of 96 per cent. The transaction was first announced in May this year. The unitholders also approved a fundraise of up to Rs 5,000 crore to undertake the proposed acquisition and the appointment of the sponsor as the project manager of the InvIT to carry out the operations and maintenance (O&M) activities of the three SPVs. These SPVs operate certain stretches of road projects on a design, build, finance, operate and toll (DBFOT) basis and are located in the states of Rajasthan and Uttar Pradesh, spanning approximately 1,800 lane kilometres. The public InvIT and the private InvIT executed a binding term sheet on 30 May 2025 for the acquisition. The proposed acquisitions are subject to the necessary regulatory approvals and compliances and will increase IRB Infrastructure Developers' O&M order book by approximately Rs 3,100 crore. Earlier, in a conversation with Business Standard, an IRB executive had said that IRB Infrastructure Developers aims to unlock capital through an asset transfer strategy between its two InvITs—one private and one public—to bid for toll-operate-transfer (TOT) projects. IRB's private InvIT serves as the development platform for the IRB Group. 'The private InvIT will bid for assets, take on construction risk, and stabilise the asset. Once stabilised, the asset will be transferred to the public InvIT, which will generate a margin of 300 to 400 basis points, typically translating to two times price to book,' said Anil Yadav, director, investor relations, IRB Infrastructure Developers.
News18
28-05-2025
- General
- News18
This UP Teacher Is Growing 138 Mango Varieties, Including Japan's Costliest, In His Backyard
Last Updated: Anil Yadav, a teacher from Jaunpur, cultivates 138 mango types in an organic orchard, now dubbed a 'Mango Museum', attracting students, researchers, and farmers across India Anil Yadav, a resident of Vishunpur village in Jaunpur district of Uttar Pradesh, is transforming the landscape of mango farming in India. A government school teacher by profession, Anil has combined technology and innovation to grow an extraordinary collection of 138 mango varieties from both India and overseas within his orchard. Committed to organic farming practices, he cultivates a wide range of mangoes, including prestigious varieties such as Miyazaki (Japan), Alphonso (Maharashtra), Dussehri (Uttar Pradesh), Totapuri (Andhra Pradesh), and Kesar (Gujarat), all noted for their exceptional flavour, colour and quality. Embracing Technological Advancements In Agriculture Yadav has successfully integrated modern irrigation technology into his farming practices, receiving 90% financial assistance from the government. Through the Pradhan Mantri Krishi Sinchai Yojana (PMKSY), he installed a drip irrigation system, which delivers water directly to plant roots in a controlled manner, thereby conserving water and enhancing crop yield. His dedication has turned his orchard into a 'Mango Museum', attracting students, researchers, and fellow farmers. Anil actively encourages others to adopt sustainable and technology-driven farming, showcasing how agricultural innovation, combined with hard work, can yield both environmental and economic rewards. First Published: May 28, 2025, 08:59 IST
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Business Standard
23-05-2025
- Business
- Business Standard
IRB Infra eyes road asset base of Rs 1.4 trn in three years: Senior exec
Company has a strong balance sheet, sees 'immense opportunities' in road monetisation projects Listen to This Article IRB Infrastructure Developers, India's largest road operator, plans to have road assets of Rs 1.4 trillion in three years from a base of Rs 80,000 crore. Growth will largely come from the toll-operate-transfer (TOT) segment, Anil Yadav, director, investor relations, IRB Infra, told 'Business Standard' in an interview in Mumbai. The company will bank on its balance sheet and the government's road asset monetisation programme to bid for TOT projects. 'In the last decade, the road sector saw significant government expenditure. Most projects were funded entirely by the government and were in the engineering, procurement, and construction (EPC) segment, with
Hindustan Times
13-05-2025
- Hindustan Times
Man's body chopped in 6 pieces; wife, paramour held
In a chilling reminder to the Saurabh murder case reported from Meerut in which his wife Muskan and her friend Sahil were arrested, the Ballia police, on Tuesday, nabbed a woman and her paramour for allegedly killing the former's husband. The accused had chopped the body into six parts, packed the torso and body parts in different poly bags and then threw it at different places to hide the identity. Two accomplices of the paramour, who is a truck driver, were also arrested for the brutal murder. The police have recovered the body parts while search for the head is on, which the accused threw in the Ghaghara river. A senior police officer said that the deceased has been identified as Devendra Ram (62), a resident of Haripur in Khejuri area of Ballia. Also Read | Madhya Pradesh: 28-year-old man dies by suicide after killing 3 minor daughters The four accused have been identified as the wife of the deceased Maya, her alleged lover Anil Yadav and his two aides Satish Yadav and Mithilesh Patel. During interrogation the woman confessed to the crime and told the police that she first gave intoxicants to her husband to make him unconscious and then chopped his body with the help of her accomplices. The accused woman was having an affair with Anil Yadav. Considering Devendra as a hindrance, they decided to eliminate him and brutally murdered him in a house located in Bahadurpur under Kotwali police station area on the intervening night of Friday and Saturday. They chopped the body and threw it in the Diara under Sikandarpur police station area. The officer said that the accused woman had lodged a complaint regarding her husband gone missing on Saturday (May 10) following which the police started investigation. Also Read | Meerut murder case: Chargesheet filed against victim's wife Muskan, Sahil Shukla Later the cops spotted the body parts in a polythene bag in a garden in Sikandarpur police station area of Ballia on Saturday. The torso was found in a well adjacent to the garden on Monday. Investigation revealed that all these body parts belonged to retired soldier Devendra. The officer said that a case has been registered under Section 103(1) (murder) and 238 of BNS, and four accused, including the woman, have been arrested. Confirming it, superintendent of police, Ballia, Omvir Singh said that human body parts were found lying at a locality under Sikandarpur police station area on May 10. On the same evening, a woman had filed a complaint informing that her husband had gone to Buxar railway station to bring their daughter home and went missing. However, the location of the victim's mobile phone revealed that it was somewhere in his house. It deepened the suspicion and further investigation revealed it to be a matter of love affair. The SP said, 'A woman and three others were arrested for the murder. During interrogation, they have confessed to the crime.' Two weapons used in the murder, a Bolero, a pistol, one live and one empty cartridge and one motorcycle were recovered from their possession, said the SP. The accused were produced before the court from where they were sent to the jail. Further investigation is on.
