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IRB Infra: IRB Infrastructure Developers Ltd today said it has signed an agreement with National Highways Authority of India (NHAI) for four-laning of NH-17 from Goa/ Karnataka Border up to Kundapur, with the project cost estimated at Rs 2,600 crore. The agreement has been signed by the company through a wholly-owned subsidiary, IRB Westcoast Tollway Pvt Ltd. The project is being developed under National Highways Development Programme (NHDP) phase IV on Design, Build, Finance, Operate and Transfer (DBFOT) basis. The company added that the scope of work for the project involves upgradation of existing section of NH-17 between Goa/Karnataka Border and Kundapur from existing 2 lane highway to 4 lane highway. The company has sought a grant of Rs 536.22 crore from NHAI to execute the project.

Educomp: Education solutions provider Educomp Solutions has sold its entire 50% stake in Eurokids International to a group of investors led by GPE India for an undisclosed sum. The company is pursuing a business transformation agenda that seeks to focus on core businesses of digital content offerings & asset-backed offerings and monetise the non-core assets to unlock value. Earlier in the year, Educomp had sought growth capital investment of Rs 22 crore in its internet education platform business Authorgen, from Kaizen PE and Bertelsmann.

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