The Hyderabad-based road developer, Madhucon Projects Ltd, plans to sell at least 74% stake in Madhucon Agra–Jaipur Expressways Ltd to IDFC Alternatives Ltd, the private equity (PE) arm of IDFC Ltd. Madhucon Agra-Jaipur Expressways runs the along National Highway (NH) 11 and connects NH 8 with NH 2, which are part of the Golden Quadrilateral. The expressway [...]
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