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

Finland seeks EUR 9.55 million EU funding for undersea cable repair capacity

20 Apr 2026

Finland has applied for EUR 9.55 million (USD 11.25 million) in funding from the European Commission to strengthen its undersea cable repair capabilities amid rising concerns over infrastructure disruptions in the Baltic Sea region. The project, coordinated by the National Emergency Supply Agency, involves partners from Finland, Sweden and Estonia. It aims to reduce repair timelines for subsea energy and communication cables during both routine and emergency situations, while ensuring operational continuity if private sector capacity is unavailable or maritime access is restricted.Read more

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alt.f coworking expands Hyderabad footprint with new 800-seat workspace in Gachibowli

20 Apr 2026

alt.f coworking has expanded its Hyderabad presence with the launch of a new workspace at Meenakshi Tech Park, Gachibowli, offering nearly 800 seats. The facility has already seen strong interest from mid-sized companies, particularly teams of 15 to 50 members seeking private cabins over open seating formats. The trend highlights faster decision-making, cost clarity and demand for ready-to-move office infrastructure. The company noted rising preference for functional, scalable workspaces. It also plans additional centres in Hitech City by end of 2026, strengthening its footprint across Hyderabad's key commercial micro-markets.Read more

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IIM Bangalore to host global aviation and aerospace conference

20 Apr 2026

The Indian Institute of Management Bangalore, in collaboration with TBS Education, will host the ninth International Conference on the Future of Aviation and Aerospace (FOAA). The event will bring together industry leaders, policymakers and academicians to discuss sector growth, infrastructure needs, manufacturing and emerging technologies. As part of a broader executive education initiative, the conference aims to address talent gaps and strengthen industry-academia collaboration. With participation from key aviation stakeholders, discussions are expected to focus on long-term sector development and India's growing role in global aviation.Read more

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MMRDA model draws interest from Andhra Pradesh urban development authorities

20 Apr 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) recently hosted a senior delegation from Andhra Pradesh comprising Vice-Chairpersons of 18 Urban Development Authorities as part of a capacity-building programme focused on urban governance and infrastructure planning. The visit aimed to study MMRDA's regional development framework, including its financial structuring, land management systems, and transport-led growth model. Discussions highlighted data-driven planning, PPP frameworks, and integrated urban development across the Mumbai Metropolitan Region. The delegation examined large-scale infrastructure execution and governance practices, acknowledging MMRDA's structured approach to sustainable metropolitan growth and its growing relevance as a model for other states.Read more

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Karnataka seeks INR 6,000 crore central support for Bengaluru infrastructure upgrade

Bangalore News Desk

20 Apr 2026

Karnataka Chief Minister Siddaramaiah has requested a special grant of INR 6,000 crore from the Centre to improve Bengaluru's infrastructure, as part of an 18-point memorandum submitted to Prime Minister Narendra Modi. The proposal highlights the need to address pressure on urban systems due to Krapid growth. The state has also sought the release of pending Finance Commission funds, including INR 5,495 crore. The request reflects ongoing efforts to secure central support for mobility, civic upgrades and key project approvals in India's leading technology hub.Read more

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Surat civic body issues tax notices for 700 demolished EWS homes

20 Apr 2026

The Surat Municipal Corporation (SMC) has issued property tax notices to residents of around 700 economically weaker section (EWS) homes that were demolished over a year ago, raising concerns over billing practices. The affected properties are located in Pragya Nagar, a government-subsidised housing colony comprising 44 buildings that were vacated and demolished due to structural concerns. Despite the demolition and displacement of nearly 3,000 residents, tax demands for FY 2024-25 and 2025-26 have been raised. Residents, currently living in rented accommodation without financial assistance, have questioned the continued levy on non-existent structures. The development highlights gaps in municipal record updates and redevelopment timelines.Read more

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Sowparnika Projects plans INR 500 crore fundraise to scale 5.5 million sq ft development pipeline

Bangalore News Desk

20 Apr 2026

Sowparnika Projects is in advanced discussions to raise INR 500 crore to fund its expansion across South India, with plans to develop around 5.5 million sq ft over the next 18-24 months. The Bengaluru-based developer is targeting a near doubling of its revenue from around INR 850 crore to INR 1,500 crore by FY27. The capital raise is expected to be backed by institutional investors and will support growth across key markets including Bengaluru, Kerala and Tamil Nadu. The company operates in the mid and upper-mid residential segments, with a significant share of demand coming from first-time homebuyers.Read more

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Burj Al Arab set for first major refurbishment with 18-month closure plan

20 Apr 2026

The Burj Al Arab hotel in Dubai is preparing for its first major refurbishment since opening in 1999, with plans indicating an 18-month renovation period. A staff member confirmed that the property will remain closed during this phase, while its owner Jumeirah stated that the work will be carried out in stages under interior architect Tristan Auer. The timing comes as tourism in the region has slowed amid ongoing geopolitical tensions involving the US-Israeli war with Iran. The hotel has also recently faced minor damage from debris linked to an intercepted drone incident earlier this year.Read more

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Allcargo Logistics rolls out tech-led supply chain solutions for FMCG sector

20 Apr 2026

Allcargo Logistics has introduced integrated, technology-driven supply chain solutions aimed at addressing increasing complexity in India's fast-moving consumer goods (FMCG) sector. The initiative focuses on network optimisation, transportation planning and digital integration to manage fragmented inventory flows and evolving demand patterns. As FMCG companies expand product portfolios and shift towards smaller, more frequent shipments, logistics requirements are becoming more dynamic. The company's solutions enable real-time inventory balancing and flexible routing across its nationwide network spanning over 32,000 pin codes. The move reflects a broader transition in supply chain models from linear distribution systems to multi-directional, demand-responsive frameworks.Read more

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Bombay HC questions BMC, police over illegal hawkers near Goregaon station

Mumbai News Desk

20 Apr 2026

The Bombay High Court has raised concerns over the continued presence of illegal hawkers near Goregaon railway station and questioned the BMC and police on enforcement gaps. The issue was brought by a traders association citing business losses, obstruction and safety concerns. The court asked authorities to explain the lack of sustained action despite repeated complaints over the years. It also sought details on measures taken against repeat offenders. The matter forms part of a larger ongoing review of hawker regulation and implementation of the Street Vendors Act in Mumbai.Read more

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CIDCO appoints RITES-Creative JV to study third runway at Navi Mumbai International Airport

20 Apr 2026

The City and Industrial Development Corporation (CIDCO) has appointed a joint venture of RITES Limited and Creative Group LLP to undertake a techno-commercial feasibility study for a proposed third runway at Navi Mumbai International Airport (NMIA). The study, expected to be completed within six months, will assess technical, operational, environmental and financial viability. NMIA, part of the Mumbai Metropolitan Region's dual-airport system alongside Chhatrapati Shivaji Maharaj International Airport, is designed to handle 90 million passengers annually upon full development. The move comes amid projections of sustained air traffic growth, prompting advance capacity planning. The proposed runway is expected to support long-term expansion of aviation infrastructure and improve operational efficiency at the greenfield airport.Read more

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HRCUN conducts relief drive in Rohini slum cluster, distributes essential supplies

20 Apr 2026

The Human Rights Commission for the United Nations (HRCUN) conducted a humanitarian outreach drive in a slum cluster in Rohini Sector 3, New Delhi, distributing essential items to underprivileged residents. The initiative included food kits, healthcare supplies, clothing and daily-use materials, aimed at addressing immediate needs in informal settlements. Organised in the past week, the drive saw participation from the organisation's leadership and volunteers, who engaged directly with residents. The activity forms part of HRCUN's broader efforts to support marginalised communities through grassroots interventions, focusing on welfare, dignity and social inclusion. The development reflects ongoing challenges in urban informal housing areas, where access to basic services and resources remains limited.Read more

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CIDCO appoints joint venture to study third runway at Navi Mumbai airport

20 Apr 2026

CIDCO has appointed a joint venture of RITES Ltd and Creative Group LLP to carry out a six-month techno-commercial feasibility study for a proposed third runway at Navi Mumbai International Airport. The study will examine technical, operational, environmental and financial aspects of expansion. The move is part of long-term planning to meet rising air traffic demand in the Mumbai Metropolitan Region, where passenger numbers are expected to grow significantly over the next two decades, putting pressure on existing airport infrastructure.Read more

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CAE Simulation Training opens 44,000 sq ft pilot training facility in Mumbai

20 Apr 2026

CAE Simulation Training Pvt Ltd (CSTPL), a joint venture between InterGlobe Enterprises and Canada-based CAE, has inaugurated a 44,000 sq ft pilot training facility in Mumbai, marking its fourth centre in India. The facility has commenced operations with an Airbus A320 full-flight simulator and is designed to support type rating, recurrent training and proficiency checks. A second A320 simulator is scheduled to be added in the near term, with capacity to scale up to six simulators over time. The centre forms part of CSTPL's broader network, which spans Greater Noida, Gurugram and Bengaluru. The expansion comes amid rising demand for pilot training as India's aviation sector grows, with projections indicating a requirement for around 22,000 new pilots over the next decade.Read more

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Mumbai Metro Line 1 launches cashback feature offering up to INR 20 per transaction

Mumbai News Desk

20 Apr 2026

Mumbai Metro Line 1 has introduced an app-based cashback feature aimed at reducing commuting costs by linking everyday online spending with travel savings. The initiative allows commuters to earn up to INR 20 cashback per transaction on purchases made via major e-commerce platforms. The cashback is credited instantly and can be transferred directly to users bank accounts. Developed in collaboration with multiple technology partners, the feature is positioned as a first-of-its-kind offering in the metro sector. The move is part of a broader push towards digital engagement and commuter-centric services, as urban transport operators increasingly integrate fintech-driven incentives to enhance ridership and user experience.Read more

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Manipur CM reviews Imphal airport terminal work, pushes timely completion

19 Apr 2026

N Biren Singh inspected the ongoing construction of a new integrated terminal at Imphal airport, directing officials to ensure timely completion and adherence to quality standards. The project, being developed by the Airports Authority of India, is expected to significantly enhance passenger handling capacity from 1.39 million to 5 million passengers annually and enable round-the-clock operations. The new terminal will also expand parking capacity from around 100 to over 1,000 vehicles. Officials briefed the state government on construction progress and key infrastructure components. The development forms part of broader efforts to strengthen aviation infrastructure and connectivity in the North-East region.Read more

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Govt links toll charges to excess load; new highway rules from April 15

19 Apr 2026

The Ministry of Road Transport and Highways has notified revised toll rules for overloaded vehicles on national highways, introducing a graded fee structure linked to excess weight. Under the new framework, vehicles carrying up to 10% excess load will not face penalties, while those exceeding limits by 10-40% will be charged twice the base toll and those above 40% will pay four times. The rules, effective from April 15, mandate the use of certified weighment systems and FASTag-based digital payments. Data on violations will be recorded in the VAHAN database. The policy aims to improve compliance with load norms, reduce road damage, and strengthen monitoring of freight movement across the highway network.Read more

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BDA moves ahead with INR 77 crore road link to ease congestion in Bhubaneswar

19 Apr 2026

The Bhubaneswar Development Authority has advanced plans for a new road link between Gadakana and Patia railway station with an estimated cost of INR 77 crore. The project is aimed at easing congestion and improving last-mile connectivity in one of the city's fast-growing corridors. With rising residential development and increasing commuter traffic in the Patia region, the new link is expected to reduce pressure on existing roads. The move forms part of a wider effort to strengthen urban mobility and support Bhubaneswar's ongoing expansion.Read more

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Waste charge confusion delays property tax payments in Bengaluru apartments

Bangalore News Desk

19 Apr 2026

Property tax payments in Bengaluru have slowed as apartment residents face confusion over newly introduced solid waste management (SWM) charges. Bulk waste generators must submit detailed data to claim exemptions, but most housing societies do not track daily waste generation. The lack of clarity on the civic portal, uncertainty over vendor approvals, and fear of penalties for incorrect entries have delayed compliance. Residents have also questioned high charges and unclear responsibility between flat owners and associations, highlighting gaps in implementation and coordination.Read more

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Jumeirah to undertake phased restoration of Burj Al Arab to preserve design, interiors and operational legacy

19 Apr 2026

Jumeirah, part of Dubai Holding, has announced a phased restoration programme for the Burj Al Arab in Dubai, marking the first major conservation effort since the hotel opened in 1999. The restoration, expected to take around 18 months, will be led by French interior architect Tristan Auer and will focus on preserving the property's architectural identity while upgrading its interiors with refined detailing. The project aims to maintain the hotel's operational continuity while enhancing its design elements, which include bespoke finishes, luxury materials, and heritage features. The move reflects ongoing asset management strategies in Dubai's hospitality sector, where landmark properties are being upgraded to retain relevance amid sustained demand for premium hospitality assets and evolving guest expectations.Read more

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