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

New Vaitarna rail bridges to ease congestion on Mumbai's Virar Dahanu corridor

10 Feb 2026

Work is progressing on a major rail infrastructure upgrade along Mumbai's Western Railway corridor with the replacement of the Vaitarna River railway bridge under the Virar& Dahanu Road quadrupling project. Led by the Mumbai Railway Vikas Corporation, the project will expand the existing two-track section into a four-track corridor, allowing suburban and long-distance trains to run on separate lines. Two new bridges are being built to replace the ageing structure, improving capacity and reliability. One bridge is nearing completion, while the second is scheduled for commissioning by March 2027. The project is expected to ease congestion, improve punctuality and strengthen rail connectivity in the northern Mumbai Metropolitan Region.Read more

cover photo

Bharat Taxi begins operations with driver ownership model in Delhi-NCR and Gujarat

10 Feb 2026

Bharat Taxi, India's first co-operative ride-hailing platform, has been launched by Union Cooperation Minister Shri Amit Shah in Delhi-NCR and Gujarat, with plans for pan-India expansion over three years. Developed by eight major co-operative organisations, including Amul, it gives drivers ownership, fair profit sharing, and social security coverage. Operating on a zero-commission, surge-free model, the platform allows bookings for cars, three-wheelers, and two-wheelers. Over 2.5 lakh drivers and 8.5 lakh passengers have joined. The platform prioritises driver welfare, women's safety, and cooperative governance through direct profit distribution and representation on its board.Read more

cover photo

Kerala government approves regional rapid transit system to boost connectivity

10 Feb 2026

Kerala has approved a Regional Rapid Transit System connecting Thiruvananthapuram and Kasaragod over 583 km, aiming to enhance mobility and regional development. The project will mostly use elevated tracks to reduce land acquisition and environmental disruption and will integrate with existing and proposed metro networks. Estimated at INR 1.92 lakh crore, the project will be implemented in four phases over around 12 years, with funding shared between the state, central government, and international loans. Experts note speed and long-distance travel limitations, but the plan is considered practical and socially feasible.Read more

cover photo

BMC receives only two bids for Worli jetty helipad project

Mumbai News Desk

09 Feb 2026

The Brihanmumbai Municipal Corporation received only two bids for developing a helipad at the Worli jetty on a public private partnership (PPP) basis, showing limited private sector interest. The proposals came from JSW and Raymonds, both with experience in helicopter operations. The helipad will support medium-class helicopters for emergency medical evacuations, coastal surveillance, and VIP movement. The revenue-sharing PPP model requires the selected firm to pay BMC a fixed monthly sum of INR 1 lakh and a share of operational revenue, while also enhancing the site's aesthetics and ensuring aviation compliance.Read more

cover photo

Centre allocates INR 3,244 crore for Kolhapur Vaibhavwadi railway project

09 Feb 2026

The Union government has earmarked INR 3,244 crore in the Union Budget for the much-anticipated Kolhapur Vaibhavwadi railway project, a key route aimed at strengthening connectivity between western Maharashtra and the Konkan region. The allocation represents half of the estimated overall project cost and will support land acquisition and early works once procedural formalities, including the conclusion of local elections, are complete. The new line is expected to stretch around 106 kilometres with multiple stations, requiring significant tunnelling and elevated structures to traverse the Sahyadri mountain ranges. Once completed, it will link Kolhapur on the Pune Kolhapur section with Vaibhavwadi on the Konkan Railway, enhancing freight and passenger movement between the hinterland and coastal corridors. The state government and rail authorities are expected to contribute the remaining funding share and expedite implementation.Read more

cover photo

How CIDCO is guiding Maharashtra's urban growth through infrastructure-led planning

09 Feb 2026

The City and Industrial Development Corporation (CIDCO) of Maharashtra is driving an infrastructure-led approach to guide and stabilise urban growth across the state. Built on the vision of creating self-sufficient, well-planned cities, CIDCO focuses on integrating housing, transport, utilities and social infrastructure within unified master plans. Its flagship development, Navi Mumbai, continues to reflect this philosophy as the state faces rapid urban expansion. Current initiatives include coordinated transport networks, improved water supply systems and connectivity projects linked to major infrastructure such as the Navi Mumbai International Airport. Through planned growth across nodes like Panvel and Ulwe, CIDCO aims to balance urban scale with liveability, sustainability and long-term resilience.Read more

cover photo

IRB Infrastructure reports 15% year-on-year growth in January toll revenue, collections touch INR 750 crore

09 Feb 2026

IRB Infrastructure recorded a 15 per cent year-on-year increase in toll revenue in January 2026, with collections rising to INR 750 crore compared to INR 650 crore in the same month last year. The reported figures include toll earnings from both IRB InvIT Fund (Public InvIT) and IRB Infrastructure Trust (Private InvIT). Key assets across Maharashtra, Gujarat and Telangana continued to drive revenue growth, reflecting steady traffic momentum across the portfolio. The IRB MP Expressway emerged as the largest contributor, followed by the Ahmedabad-Vadodara Super Express Tollway and the Golconda Expressway on Hyderabad's Outer Ring Road. Management indicated that traffic growth trends remain encouraging and are expected to strengthen further with the commencement of tolling on the TOT-17 project during the month.Read more

cover photo

LeafyBus and Eicher to deploy 100 intercity electric sleeper buses across India

09 Feb 2026

LeafyBus Electric Mobility and Eicher Trucks & Buses have formed a strategic partnership to deploy 100 electric intercity sleeper buses across India, aiming to expand zero-emission travel on medium- and long-distance routes. Under the agreement, LeafyBus will supply electric powertrain systems, while Eicher will handle bus body manufacturing and market rollout. The electric sleeper buses are designed for overnight travel, offering improved comfort, lower noise and reduced operating costs for operators. The rollout will focus on major intercity corridors, supported by growing government incentives for electric mobility. The partnership reflects rising interest in sustainable commercial transport as battery technology and charging infrastructure continue to improve nationwide.Read more

cover photo

Railway projects in Kerala face delays as land acquisition lags despite record central funding

09 Feb 2026

Railway Minister Ashwini Vaishnaw has flagged land acquisition as a major constraint affecting the progress of railway projects in Kerala, noting that only about 14 per cent of the required land has been acquired so far. Speaking in the Rajya Sabha, the minister said the Centre has allocated INR 3,795 crore for railway development in the state this year, a tenfold increase compared to earlier years. He underlined that several capacity expansion projects are underway, which could nearly double rail line capacity in Kerala, but stressed that progress depends heavily on support from the state government. Vaishnaw also indicated that the Centre remains open to reconsidering a high-speed rail corridor, provided environmental concerns are addressed and land acquisition moves forward.Read more

cover photo

Mumbadevi robotic parking tower work halted as contractor sues BMC for INR 55 crore

Mumbai News Desk

09 Feb 2026

The robotic parking tower near Mumbai's Mumbadevi temple, planned at INR 122 crore for 600 vehicles, remains stalled due to heritage and aesthetics concerns raised in mid 2024. The contractor, M/s SMS Limited, has issued a legal notice to the BMC seeking INR 55 crore in damages, citing unjustified suspension and mounting costs. BMC officials maintain that the project had no irregularities and warned of rising expenses, while local traders stress the need for the facility. The dispute highlights tensions between urban development and cultural preservation.Read more

cover photo

MHADA moves ahead with redevelopment of four unsafe transit buildings in Sion's Pratiksha Nagar

09 Feb 2026

The Maharashtra Housing and Area Development Authority has approved the redevelopment of four structurally unsafe transit buildings in Sion's Pratiksha Nagar, affecting 261 resident families and four commercial units. The decision follows a structural audit by IIT Bombay that recommended complete reconstruction. MHADA has scrapped an earlier plan to build middle-income group sale housing at the site and will instead construct two high-rise transit buildings with 322 tenements. Residents will be shifted to temporary accommodation with rent support during construction, which is expected to take at least two years.Read more

cover photo

Footbridge linking Ghaziabad RRTS and Metro station opens to enhance commuter connectivity

Ghaziabad News Desk

09 Feb 2026

A new foot overbridge has been inaugurated in Ghaziabad, providing a seamless connection between the Regional Rapid Transit System (RRTS) station and the Shaheed Sthal New Bus Adda metro station on the Delhi Metro's Red Line, officials said. The bridge allows commuters to switch between the high-speed regional rail service and the metro without leaving station premises, significantly reducing transfer times and easing congestion in one of the region's busiest transport corridors. At around 300 metres long and 6.5 metres wide, the structure links the Namo Bharat RRTS station directly with the metro concourse, improving last-mile connectivity for daily travellers. The Ghaziabad RRTS station is also expected to serve as a key transit hub for future rapid rail connections to the upcoming Noida International Airport.Read more

cover photo

Kerala agrees to fund half of Sabari railway project cost

09 Feb 2026

The Kerala government has decided to bear 50 per cent of the cost of the long-pending Angamaly Erumely Sabari railway project, committing INR 1,900 crore through the Kerala Infrastructure Investment Fund Board. The decision aims to remove funding bottlenecks that have delayed the project for over two decades. The 110 km rail line is intended to improve connectivity to Sabarimala and support development in central and southern districts of the state. The total project cost is now estimated at INR 3,800.9 crore.Read more

cover photo

Delhi Metro plans AI-led system to improve execution and oversight of metro projects

09 Feb 2026

The Delhi Metro Rail Corporation has initiated a process to develop an AI-driven project management system aimed at improving planning, monitoring and execution of metro infrastructure works. The system will rely on historical project data to predict delays, optimise schedules and monitor compliance through automated checks. DMRC has invited startups to jointly develop the platform under a shared-cost model, with incentives of INR 20 lakh and shared intellectual property rights. Proposals are being evaluated, with deployment planned in phases after development and testing.Read more

cover photo

J&K government expands RTC fleet to strengthen passenger and cargo transport services

09 Feb 2026

The Jammu and Kashmir government has expanded the fleet of the Jammu & Kashmir Road Transport Corporation (RTC) to improve passenger connectivity and cargo movement across the region. The initiative includes the addition of buses, e-buses and cargo trucks, along with special bus services to major religious destinations across India. Officials said the move is aimed at improving affordability, strengthening inter-state connectivity and improving RTC's financial position. The government has also underlined the need for reliable services, timely salaries for staff and sustainable revenue growth through passenger and logistics operations.Read more

cover photo

Adani Group among five bidders for Mumbai marina development

09 Feb 2026

The Mumbai Port Authority (MbPA) has received bids from five companies, including the Adani Group's Cemindia Projects Ltd and Larsen & Toubro, for the development of a marina at Cross Island, off the Gateway of India. The INR 887 crore project, partially funded by MbPA with an investment of INR 470 crore, will include docking facilities, yacht maintenance services, fuel supply, and protection against weather. Onshore, a 4.2-hectare land parcel will house a 322-room five-star hotel, a club, a sailing school, restaurants, a business centre, and parking for 780 vehicles.Read more

cover photo

APM Terminals Mumbai posts record throughput of 2,11,846 TEUs in January 2026

Mumbai News Desk

09 Feb 2026

APM Terminals Mumbai reported a record container throughput of 2,11,846 TEUs in January 2026, marking the highest monthly performance in the terminal's history, according to port officials. The milestone eclipsed previous monthly figures and was driven by strong export and import demand, particularly from sectors such as automotive, engineering goods and consumer products. Productivity gains, including faster vessel turnaround and improved yard handling, were cited as key operational contributors. The terminal also continued to support increasing transhipment flows, with enhanced rail connectivity further boosting hinterland movement. The record performance reflects broader resilience in India's containerised trade, while underscoring Mumbai's strategic importance as a gateway for international cargo and a critical node for supply chain efficiency in the region.Read more

cover photo

GMDA to complete stormwater drain in sectors 62–65 to end chronic waterlogging

09 Feb 2026

The Greater Mohali Development Authority (GMDA) has announced plans to complete a long-pending stormwater drainage project in sectors 62 to 65 to resolve recurring waterlogging during monsoon and heavy rainfall events. The authority said the unfinished drain, originally part of the town planning scheme, had been stalled due to land acquisition delays and funding issues. Once completed, the drain is expected to channel excess surface runoff efficiently into nearby water bodies, reducing flooding on internal roads, residential areas and commercial hubs in the affected sectors. GMDA has issued tenders and is finalising contracts to expedite the remaining works, with construction set to begin shortly and phased completion targeted over the coming months. The project is part of broader efforts to strengthen urban infrastructure and enhance liveability in the rapidly growing satellite city adjacent to Chandigarh.Read more

cover photo

TCI posts double-digit profit growth in December quarter on festive demand and higher volumes

09 Feb 2026

Transport Corporation of India reported a 10.4 per cent increase in standalone profit after tax to INR 130.5 crore for the December 2025 quarter, supported by festive-led demand and higher freight volumes. Revenue rose 9.3 per cent year-on-year to INR 1,113.2 crore. Automotive, FMCG, pharmaceuticals and e-commerce drove growth, aided by record road and rail volumes and improved warehousing utilisation. While part of the momentum was seasonal and inventory-driven, the company continued to strengthen its end-to-end logistics portfolio to address evolving supply chain needs.Read more

cover photo

KEC International bags fresh orders worth INR 1,020 crore across civil, rail and power segments

08 Feb 2026

KEC International has secured new orders worth INR 1,020 crore across its civil, transportation, transmission and distribution, and cables businesses, strengthening its execution pipeline for the ongoing financial year. The latest contracts include a multispeciality hospital project in Central India, a railway siding for a private client, high-voltage cabling works, and international supply orders for towers and conductors. With these additions, the company's cumulative order intake for the year has reached around INR 20,300 crore, reflecting steady demand across domestic and overseas infrastructure markets.Read more

cover photo