SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Asset class : Infrastructure

IATA flags concerns over Mumbai airport’s plan to suspend cargo flights for infrastructure upgrade

20 Feb 2026

The International Air Transport Association has expressed concern over Mumbai airport's plan to suspend dedicated cargo aircraft operations from August 2026 to May 31, 2027 for major infrastructure upgrades. The airline body said it sought clarification from Mumbai International Airport Ltd in January but has not received a response. The airport operator has cited safety and capacity constraints due to extensive taxiway and apron reconstruction works. The proposed suspension could impact cargo movements at one of India's busiest air freight hubs.Read more

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Tata Group, OpenAI to build 100MW AI infrastructure in India

20 Feb 2026

The Tata Group and OpenAI have announced a strategic partnership to develop AI infrastructure in India, starting with 100MW of AI-ready capacity and scalable to 1GW. TCS, through its data centre arm HyperVault, will build green-powered, liquid-cooled facilities designed for high-density AI workloads. Backed by a USD 1 billion investment from TPG, the venture aims to position India as a global AI hub. The collaboration will also drive enterprise AI adoption, with TCS deploying OpenAI solutions across sectors. Thousands of Tata employees will access Enterprise ChatGPT, while AI skilling and industry-focused solutions form a key part of the initiative.Read more

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India AI Impact Summit hit by cancellations and traffic chaos

20 Feb 2026

Bill Gates withdrew from the India AI Impact Summit hours before his keynote, following Nvidia CEO Jensen Huang's earlier cancellation. The high-profile AI event in New Delhi, inaugurated by Prime Minister Narendra Modi and attended by global tech leaders, aimed to position India as a key player in global AI governance. Despite the setbacks, major investment announcements were made, including large AI data centre commitments from Reliance, Adani, Microsoft and Yotta. However, the summit faced logistical challenges, exhibition closures and traffic disruptions. The developments have highlighted operational concerns even as India attracts significant artificial intelligence infrastructure investments.Read more

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BPCL commissions 71 MW solar plant in Prayagraj to power refineries with clean energy

20 Feb 2026

Bharat Petroleum Corporation Ltd has commissioned a 71 MW solar power plant in Prayagraj, strengthening its renewable energy portfolio. The facility, spread over 210 acres, is expected to generate about 103.61 million units of green electricity annually and reduce carbon emissions by nearly 75,150 tonnes each year. Power from the plant will be supplied to BPCL's refineries in Mumbai, Bina and Kochi. The project supports the company's target of achieving net zero emissions for Scope 1 and 2 by 2040.Read more

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L&T and NVIDIA plan joint venture to build gigawatt-scale AI infrastructure in India

20 Feb 2026

L&T and NVIDIA are collaborating to create gigawatt-scale, sovereign AI infrastructure in India. The joint venture will combine L&T engineering and execution expertise with NVIDIA's AI platforms to support high-density, production-ready AI workloads for domestic and global users. The initiative aligns with the India AI Mission, enabling data, model, and workload development within India while remaining globally interoperable. Key projects include scaling GPU clusters at L&T Chennai campus to 30 MW and deploying a new 40 MW data centre in Mumbai, creating a foundation for large-scale, efficient, and sustainable AI deployment.Read more

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Delhi CM lays foundation for infrastructure projects worth over INR 1,000 crore

20 Feb 2026

The Delhi government has initiated a major infrastructure programme in east Delhi's Vivek Vihar region with projects totaling around INR 1,075 crore. The plan focuses on strengthening 236 roads, constructing five foot overbridges, and upgrading drainage systems to address traffic congestion and waterlogging issues. Managed by the Public Works Department and the Irrigation and Flood Control Department, the projects emphasize timely completion, quality standards, and balanced urban development. Officials are directed to ensure transparency and strict monitoring to improve living conditions across trans Yamuna areas.Read more

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Safety concerns around Kurla-Halav bridge work intensify after Mulund metro accident

Mumbai News Desk

20 Feb 2026

Ongoing construction of the Kurla-Halav Bridge in Mumbai has come under closer scrutiny after a fatal accident at an under-construction metro site in Mulund earlier this week. Residents living near the bridge alignment have renewed concerns over safety standards, restricted road width, and emergency access, stating that their objections had been raised much before the recent incident. The Mulund accident, in which a metro parapet collapsed onto a busy road, has strengthened local demands for stricter monitoring, clearer accountability, and a reassessment of construction methods at congested urban sites.Read more

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Jamco to expand aerospace engineering operations with new Bengaluru centre

20 Feb 2026

Japanese aircraft interiors maker Jamco Corporation is set to establish a Product Engineering Centre in Bengaluru, marking a key expansion of its engineering and manufacturing footprint in India's aviation sector. The centre will focus on developing and manufacturing full-scale aircraft interior components for leading global airlines including Boeing and Airbus, underlining India's growing role in the aerospace supply chain. Company leaders noted that the investment deepens Jamco's long-term commitment to the region, supported by Karnataka's strong aerospace ecosystem and skilled workforce.Read more

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Recovery warrants remain stuck as MahaRERA’s new process fails to deliver relief to homebuyers

20 Feb 2026

Homebuyers in Maharashtra continue to struggle to recover compensation from defaulting developers as recovery warrants remain unexecuted, even after a revised procedure was introduced by the Maharashtra Real Estate Regulatory Authority. The new framework was meant to ensure faster compliance by developers and quicker enforcement through district authorities. However, buyers say delays at the execution stage have left orders ineffective. Senior citizens and long-waiting investors remain uncertain, while activists and court observations have again drawn attention to weak enforcement under RERA.Read more

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Chamarajanagar to declare 67 new revenue villages, unlock development benefits

20 Feb 2026

The Chamarajanagar district administration in Karnataka is set to declare 67 additional human habitations as official revenue villages, a move expected to bring greater development and government benefits to residents, officials said earlier this week. The decision follows the preparation of a final draft that will soon be notified by the state government. Currently, the district recognises 408 villages; the newly identified settlements span across Chamarajanagar, Hanur, Kollegal and Gundlupet taluks. Once formally declared, these habitations will receive official land records, residential certificates and related documentation, unlocking access to government schemes, loans and civic services that have been unavailable due to their unclassified status. Criteria for classification include minimum population, number of families and land area, with relaxed norms for forest fringe settlements. Local leaders have welcomed the move and urged inclusion of additional unrecognised settlements in future phases.Read more

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Noida Metro Aqua Line extension to Botanical Garden clears Cabinet approval

Noida News Desk

20 Feb 2026

The Union Cabinet has approved an 11.56-kilometre extension of the Noida Metro Aqua Line from Sector 142 to Botanical Garden, strengthening metro connectivity between Noida, Greater Noida and Delhi. The elevated corridor will add eight new stations and enable a direct interchange with Delhi Metro's Blue and Magenta Lines. The project involves an estimated investment of INR 2,254 crore and will expand the operational Noida Metro network to over 61 km. Once completed, the extension is expected to reduce travel time, ease road congestion and improve daily commuting efficiency.Read more

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BMC demolishes unauthorised structures at HR College, Churchgate, disrupting campus operations

Mumbai News Desk

20 Feb 2026

The Brihanmumbai Municipal Corporation (BMC) recently demolished unauthorised portions at H R College of Commerce and Economics in Churchgate, after the institution failed to produce approved building plans or valid permissions. The removed structures included asbestos terrace sheds, rooms on staircase landings from ground to fifth floor, and two mezzanine floors in the library and under the registrar's office. The action followed repeated notices and rejected regularisation applications dating back to mid 2024. College authorities reported disruption of HSC examinations and shifted some classes online while seeking to regularise remaining constructions.Read more

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Road ministry cuts out-of-state operating limit for all-India tourist vehicles to 60 days

20 Feb 2026

The Ministry of Road Transport and Highways has amended the All India Tourist Vehicle Permit rules, reducing the maximum period such vehicles can operate outside their home state from 90 days to 60 days. The revised framework, which will take effect in early April, introduces tighter monitoring through vehicle tracking systems, mandatory clearance of unpaid toll dues, and stricter compliance with traffic violations. The move seeks to address repeated misuse of tourist permits, improve passenger safety, and strengthen toll and regulatory compliance across states.Read more

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Haryana government tightens monitoring to push timely completion of large infrastructure projects

20 Feb 2026

The Haryana government has stepped up monitoring of major infrastructure projects to ensure faster and timely execution. The Chief Minister has directed senior officials to closely track projects costing over INR 75 crore through a central monitoring system and fix accountability for delays. Executing agencies have been warned of penalties if timelines are missed. The move builds on the state's recent push to accelerate urban, housing and infrastructure works, as delays in large public projects have remained a concern despite increased capital spending.Read more

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RBI overhauls ECB norms to widen overseas funding access for real estate and infrastructure firms

20 Feb 2026

The Reserve Bank of India (RBI) has revised the External Commercial Borrowing (ECB) framework, replacing sector-based eligibility with a broader entity-based model that allows more resident non-individual entities to raise overseas funds. The updated norms explicitly permit ECB use for construction, township and integrated infrastructure projects under certain conditions, and allow funding for industrial parks and select agricultural activities. Developers must complete key infrastructure before plot sales. Resident individuals can also borrow in INR from non-resident Indian and Overseas Citizen of India relatives on a non-repatriation basis. These changes aim to ease financing and improve access to global capital.Read more

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Tirupattur–Hosur rail link DPR moved to Centre for INR 4,000 crore project

19 Feb 2026

The detailed project report for the proposed Tirupattur Hosur railway line in Tamil Nadu has been submitted to the Centre, with the project estimated at INR 4,000 crore. The 109 km line via Jolarpet plans six new stations and train speeds of up to 130 kmph. Around 400 acres of land will be acquired across Tirupattur and Krishnagiri districts. The proposal is aimed at improving connectivity to the fast-growing Hosur industrial belt and reviving long-pending regional rail infrastructure.Read more

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India needs to raise AI investment as Budget tax incentives strengthen data centre push

19 Feb 2026

India must scale up its artificial intelligence investment beyond the current USD 1.2 billion to stay competitive globally, according to a senior NVIDIA executive. While the Union Budget 2026-27 has introduced a 20-year tax holiday up to 2047 for foreign companies using Indian data centres, creating a strong base for AI infrastructure, the overall funding remains limited. With 1,800 global capability centres operating in India and employment set to rise, higher AI spending is seen as essential to support large-scale innovation and global deployment.Read more

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Adani Group announces USD 100-billion plan for AI-ready renewable energy data centres in India

19 Feb 2026

The Adani Group has unveiled a USD 100-billion initiative to develop hyperscale AI-ready, renewable energy data centres by 2035. This effort is expected to attract an additional USD 150 billion in investments, potentially creating a USD 250 billion AI infrastructure ecosystem in India. The plan builds on AdaniConneX's 2 GW platform, aiming to expand to 5 GW through partnerships with Google, Microsoft, and collaboration with Flipkart. Gautam Adani emphasized India's potential to be a global leader in AI, not just a consumer, highlighting the country's strategic role in the coming intelligence revolution.Read more

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Yotta to invest USD 2 billion in India’s AI hub using Nvidia’s latest Blackwell chips

19 Feb 2026

Yotta Data Services is set to build one of Asia's largest AI hubs, investing over USD 2 billion and using Nvidia's Blackwell Ultra chips. As part of a four-year, USD 1 billion partnership, Nvidia will deploy one of the region's largest DGX Cloud clusters within Yotta's infrastructure. The initiative reflects India's growing role in AI computing, supported by global cloud providers like Microsoft and Amazon. With operations expected by August, the hub will be located near New Delhi, supplemented by Yotta's Mumbai campus, strengthening India's AI capabilities amid global chip supply shifts.Read more

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AMC clears INR 62.79 crore repair plan for four ageing railway overbridges in Ahmedabad

Ahmedabad News Desk

19 Feb 2026

The Ahmedabad Municipal Corporation has approved an INR 62.79 crore proposal to repair four ageing railway overbridges in the eastern part of the city after technical inspections flagged structural distress. The decision follows expert recommendations highlighting damaged bearings and reduced structural gaps that require immediate attention. The bridges, built between the mid-1980s and late-1990s, will be taken up for phased repairs to ensure commuter safety and extend their service life. The move aligns with wider safety checks initiated across Gujarat after recent bridge failures elsewhere.Read more

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