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

Delhi government allocates INR 100 crore for advanced traffic system to improve road safety

Delhi News Desk

12 Feb 2026

The Delhi government has approved an allocation of INR 100 crore for the implementation of an Advanced Traffic System (ATS) aimed at enhancing road safety and traffic management across the city. The funding forms part of a larger INR 1,200 crore grant released to the Delhi Transport Corporation (DTC) by the chief minister, which also covers other transport modernisation initiatives. The ATS will incorporate a suite of technologies including traffic control systems, high-resolution video surveillance and electronic enforcement tools, and will be linked with a central command centre to facilitate real-time monitoring and quicker emergency responses. Officials highlighted rising concerns about traffic accidents involving buses and the need for improved incident detection and response capabilities. The investment aligns with broader efforts to harness technology for safer, more efficient urban transport.Read more

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Indian Railways plans new underground line through strategic Siliguri corridor to secure Northeast connectivity

12 Feb 2026

Indian Railways has announced plans to construct a new underground railway line through the Siliguri corridor in West Bengal, a narrow land bridge that connects mainland India with its North-eastern states. The project, spanning about 35.76 km between Dumdangi and Bagdogra, will incorporate an extensive underground alignment particularly between Tinmile Hat and Rangapani to provide secure, uninterrupted rail connectivity along this sensitive route. The corridor's proximity to international borders with Nepal, Bhutan and Bangladesh, combined with its susceptibility to natural disruptions and congestion, has underscored the strategic importance of the development. Officials stated that the underground design will support continuous movement of passengers, freight, defence personnel and emergency supplies, with advanced electrification, signalling and tunnelling technologies planned. The initiative aligns with broader efforts to strengthen transport infrastructure and optimise access to the North-eastern region.Read more

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Tamara Leisure plans nine new properties, targets doubling room inventory by 2030

12 Feb 2026

Tamara Leisure Experiences has outlined a steady expansion plan to add nine new hospitality properties over the next three to four years, aiming to double its room inventory to 1,200. The company currently operates eight hotels and an AYUSH hospital, with a total of 600 rooms. Its upcoming projects span luxury eco-resorts, midscale leisure hotels, business travel formats, and destination-led offerings across South and East India. Several developments are already underway and are expected to become operational between 2028 and 2030.Read more

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Nearly 90 hotels in Lucknow face action for fire safety non-compliance

Lucknow News Desk

12 Feb 2026

Fire authorities in Lucknow have identified about 90 hotels operating without the mandatory fire safety no-objection certificates (NOCs). This follows a recent fire at an under-construction hotel in Gomtinagar, which triggered a large-scale firefighting operation but caused no casualties. Notices have already been served, and physical inspections are scheduled to begin soon. Hotels that fail to comply with prescribed safety standards risk administrative action, including fines, sealing, or closure. The incident highlights long-standing gaps in fire safety compliance across the city's hospitality sector.Read more

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Ola relinquishes over 1.7 lakh sq ft of Bengaluru office space as AI automation and cost realignment reshape footprint

Bangalore News Desk

12 Feb 2026

Ride-hailing and electric vehicle firm Ola has surrendered more than 1.7 lakh sq ft of leased office space in Bengaluru, reflecting broader operational recalibration amid increased integration of artificial intelligence (AI) and automation in its business processes. The space released includes about 1.12 lakh sq ft at Prestige RMZ Startech in Koramangala and roughly 60,000 sq ft at Infozone in Electronic City, where Ola runs a battery innovation centre. Sources said the move is part of internal consolidation and cost optimisation rather than an indication of weakness in Bengaluru's office market, which continues to attract demand from global consulting and capability centres. Ola continues to retain a significant office footprint in the city, including renewed leases for its core operations area, even as automation has reduced the need for larger call-centre and administrative workspaces.Read more

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Uttar Pradesh allocates INR 2,111 crore to civil aviation in FY27, strengthens push for Noida International Airport

12 Feb 2026

The Uttar Pradesh government has proposed an outlay of INR 2,111 crore for the civil aviation sector in its 2026-27 Budget, with a significant allocation of INR 750 crore for the development of the Noida International Airport in Jewar. The project's scope has been expanded from two to five runways, signalling long-term capacity planning. Additionally, INR 1,100 crore has been earmarked for the construction, expansion and strengthening of airstrips across the state, including land acquisition. The government aims to position Jewar as an aviation innovation and maintenance hub while enhancing regional connectivity under the Centre's scheme. The airport is nearing completion, with inauguration expected soon.Read more

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China Railway Construction secures projects worth 45.1 billion yuan

12 Feb 2026

China Railway Construction Corporation (CRCC) has recently won multiple project bids totaling 45.1 billion yuan (USD 6.52 billion). The projects span various infrastructure developments, strengthening the company's position in China's construction sector. This follows CRCC's consistent track record of securing large-scale contracts, reflecting the ongoing demand for infrastructure expansion in China. Industry observers note that the company's strategic focus on rail and urban development projects has helped it maintain a leading market share. The new contracts are expected to significantly contribute to CRCC's revenue over the next few years.Read more

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Kachchi Dargah–Bidupur bridge to ease Bihar’s river crossing pressure by April

12 Feb 2026

The Kachchi Dargah Bidupur six-lane bridge project across the Ganga is nearing completion and is expected to open by April, strengthening road connectivity between north and south Bihar. Spanning nearly 20 km, the project links NH-30 in Patna with NH-103 in Vaishali and is designed to reduce traffic load on the Mahatma Gandhi Setu. With phased sections already operational, the remaining stretches are under close monitoring to ensure timely completion and smoother regional movement.Read more

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Mumbai civic body tightens recovery steps against major property tax defaulters

Mumbai News Desk

12 Feb 2026

The Brihanmumbai Municipal Corporation has stepped up recovery of long-pending property tax dues by issuing attachment notices to several high-value defaulters across Mumbai. The action targets real estate developers and commercial entities with outstanding dues running into multiple crores, including one case exceeding INR 140 crore. The notices were issued after repeated reminders and final demand notices failed to yield results. Under civic law, the BMC can seize movable assets and proceed with property auctions if dues remain unpaid.Read more

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ACME Solar secures 220 MW solar-plus-storage project at Morena Solar Park

12 Feb 2026

ACME Solar Holdings has won a 220 MW solar project with integrated battery energy storage at the Morena Solar Park in Madhya Pradesh. The project is part of a 440 MW tender issued by Rewa Ultra Mega Solar Ltd under tariff-based competitive bidding. It includes four hours of daily peak power supply with high availability and a 25-year power purchase agreement. Land and evacuation infrastructure will be provided by the solar park developer, supporting long-term renewable energy supply for the state.Read more

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L&T secures major road development project in Dubai

12 Feb 2026

Larsen and Toubro (L&T) has won a major contract for transport infrastructure development in Dubai, marking another international milestone for the company. The project involves Phase-1 of a road upgrade on Latifa Bint Hamdan Street, improving the corridor between Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311). The work will expand the current two-lane dual carriageway into a four-lane dual carriageway in each direction, aiming to enhance traffic flow and network capacity. The Transportation Infrastructure division will execute the project, scheduled to be completed over 36 months.Read more

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Maharashtra gets higher tax devolution and infrastructure push in Union Budget

12 Feb 2026

Maharashtra has secured a higher allocation under the Union Budget, with INR 89,855.80 crore earmarked for tax devolution in 2026&27, according to Union Minister Nitin Gadkari. The state has seen a steady rise in central support since 2014, alongside major investments in metro rail, railways and station redevelopment. Ongoing projects include Nagpur Metro expansions, railway works worth INR 1.70 lakh crore and redevelopment of 128 stations. The budget also focuses on reducing logistics costs and boosting infrastructure-led growth.Read more

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MSRDC tightens safety regulations for hazardous cargo on Mumbai-Pune Expressway after recent tanker incident

Mumbai News Desk

12 Feb 2026

The Maharashtra State Road Development Corporation (MSRDC) has announced stricter safety regulations governing the movement of hazardous cargo on the Mumbai-Pune Expressway, aiming to reduce risks following a prolonged tanker accident that caused major disruption. Under the revised norms, consigners and consignees of highly flammable and dangerous goods will now be held directly accountable for safety compliance throughout transit. MSRDC will work closely with highway police and commodity firms to tighten checks and introduce a specialised emergency traffic management plan for hazardous consignments, as directed by the state's deputy chief minister. Officials also said a committee chaired by a senior expert will review the recent incident to recommend corrective measures and standard operating procedures. The move follows scrutiny of emergency response gaps revealed during the extensive delay caused by a tanker overturning on the expressway.Read more

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Saudi Arabia boosts investment in Syria with USD 2 billion package for airports, telecoms, and energy

12 Feb 2026

Saudi Arabia has announced a major investment package in Syria, signaling strong support for the country's new leadership under President Ahmed al-Sharaa. The package includes $2 billion for airport development in Aleppo, a joint venture airline with flynas, and nearly $800 million for telecommunications infrastructure. Additional cooperation covers energy and water projects. This comes after U.S. sanctions on Syria were lifted, allowing Riyadh to increase engagement. Analysts note the investments are part of a broader effort to rebuild Syria's economy after years of conflict.Read more

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Kochi Metro and IISc Bengaluru sign MoU to advance sustainable urban mobility research

Kochi News Desk

12 Feb 2026

Kochi Metro Rail Limited (KMRL) has entered a memorandum of understanding (MoU) with the Indian Institute of Science (IISc), Bengaluru, to undertake collaborative research and pilot projects aimed at enhancing sustainable urban mobility and public transport systems. The partnership will combine Kochi Metro's operational experience in multimodal transport including Metro, Water Metro and canal-based services with IISc's advanced, data-driven research capabilities. Focus areas will include sustainable mobility planning, transport operations and the application of emerging technologies such as artificial intelligence, internet of things, blockchain, simulation modelling and intelligent decision-support systems to solve real-world urban challenges. Officials highlighted that the research will promote evidence-based transport solutions to improve public health, accessibility, congestion management, emissions reduction and climate resilience, with Kochi envisaged as a testbed for developing scalable urban mobility models.Read more

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Delhi government drafts bill to establish unified transport authority to integrate urban mobility planning

Delhi News Desk

12 Feb 2026

The Delhi government has initiated the process of drafting legislation to create a unified transport authority to streamline the capital's fragmented urban mobility framework. The proposed body is intended to integrate planning and coordination across metro, bus, rail and other transport systems under a single institutional framework. The move aims to improve public transport integration, reduce congestion, and address emissions linked to transport. A dedicated urban transport fund is also under consideration to support long-term infrastructure investments. Multiple government departments and agencies are expected to be involved in drafting the bill, with a task force constituted to prepare the legislation. The initiative reflects a broader policy push to enhance mobility governance and ensure coordinated planning across agencies currently operating independently.Read more

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WeWork India leases 46,000 sq ft managed office space to Turner International India at Airoli, Mumbai

12 Feb 2026

WeWork India Management Ltd has leased 46,000 sq ft of managed office space to Turner International India at its Airoli centre in Mumbai, accommodating more than 650 desks. The space has been launched as a fully managed office, underscoring continued occupier preference for flexible and plug-and-play workplace formats. Turner International India is the Indian arm of Turner Construction Company, a North America-based construction services firm, and the transaction highlights the role of managed workspaces in supporting project-driven and scalable operations. The deal also reflects the growing appeal of the Navi Mumbai & Thane office corridor, where Airoli has emerged as a cost-efficient alternative to traditional business districts, supported by improving connectivity and a widening commercial base. For WeWork India, the leasing reinforces steady demand from multinational occupiers seeking operational agility without long-term real estate commitments.Read more

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Reliance MET City to develop Metropolis, an integrated mixed use project in Haryana

12 Feb 2026

Reliance MET City, a wholly owned subsidiary of Reliance Industries, has started developing Metropolis, an integrated mixed use township in Daryapur, Jhajjar district, Haryana. The first phase covers around 100 acres of a 140 acre plan combining residential plots, industrial plots, and future group housing. Residential plots range from 112 to 179 square yards and are priced between INR 99,000 and INR 110,000 per square yard. The project is self funded, with construction and infrastructure works already underway, targeting families and businesses in the National Capital Region.Read more

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Delhi airport to introduce airside transfers between terminals 1 and 3 to boost passenger connectivity

Delhi News Desk

12 Feb 2026

Indira Gandhi International Airport (IGIA) in Delhi is set to implement major enhancements to streamline passenger movement between Terminal 1 (T1) and Terminal 3 (T3), with airside transfer facilities expected to be operational in the coming weeks. Plans for these airside transfers are progressing as Delhi International Airport Ltd (DIAL) awaits clearances from relevant aviation safety authorities, including the Bureau of Civil Aviation Security and the Directorate General of Civil Aviation. The project forms part of broader infrastructure improvements designed to support increasing passenger volumes and ease inter-terminal connectivity, particularly for those transferring between domestic and international flights. In addition to airside transfers, airport authorities are considering wider road access improvements, such as a new flyover to ensure signal-free movement between terminals. The proposed upgrades aim to significantly enhance the efficiency and experience of air travel at one of India's busiest aviation hubs.Read more

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Maharashtra explores infrastructure partnership with Canada Infrastructure Bank to attract long-term investment

12 Feb 2026

The Maharashtra government has held high-level discussions with the Canada Infrastructure Bank (CIB) to explore a potential collaboration on long-term infrastructure investment across the state, focusing initially on housing and core urban infrastructure projects. Chief Minister Devendra Fadnavis led the video conference with the CIB's chief executive officer, highlighting the states ambition to leverage international expertise and capital to accelerate development efforts. The proposed engagement is expected to begin with investments in two identified projects that align with Maharashtra's infrastructure roadmap and later expand to broader cooperation. Fadnavis emphasised that such international partnerships can support rapid urbanisation, expanding industrial corridors and growing demand for quality public infrastructure, bringing not only capital but also technical know-how and global best practices to project execution and governance. Canada's financing approach, which includes long-term capital and risk-sharing techniques, was cited as particularly relevant.Read more

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