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

Veera Desai Road to close after civic polls for bridge demolition and reconstruction

Mumbai News Desk

09 Jan 2026

Following the recent civic elections in Mumbai, a major section of Veera Desai Road in Andheri West will be closed to regular traffic to allow demolition and reconstruction of a worn-out bridge over Mogra Nala at Dhake Colony. Traffic authorities have provided alternate routes, diverting southbound vehicles via Court Yard, Chitrakoot Junction, and New Link Road, while vehicles from JP Road will also use New Link Road. Residents have expressed concern about potential congestion, recalling earlier partial closures, and authorities have urged commuters to follow the diversion plan until the bridge work is complete.Read more

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NHAI sets two Guinness World Records on Bengaluru–Vijayawada expressway

08 Jan 2026

The National Highways Authority of India has achieved two Guinness World Records during construction of the Bengaluru Kadapa Vijayawada Expressway in Andhra Pradesh. The records were set for laying 28.95 lane-kilometres of bituminous concrete and placing 10,675 metric tonnes of the material continuously within 24 hours. Executed on the Vanavolu Vankarakunta stretch near Puttaparthi by Rajpath Infracon Private Ltd, the milestone highlights improved construction capacity, planning efficiency, and quality control in India's highway development programme.Read more

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Former Mumbai mayor leans on past achievements and pledges to drive cluster redevelopment in BMC election campaign

Mumbai News Desk

08 Jan 2026

Former Mumbai mayor and three term corporator Kishori Pednekar is actively campaigning for the ongoing Brihanmumbai Municipal Corporation (BMC) elections, focusing on her previous work and direct engagement with voters in Ward 199. Representing the Shiv Sena (UBT), she highlighted her role during the COVID 19 pandemic and efforts on local civic issues, including water supply and MHADA cluster redevelopment, to strengthen trust with residents. Pednekar faces competitors from Shiv Sena (Shinde), BSP and Vanchit Bahujan Aghadi. Her campaign underscores continuity in civic governance and local development priorities.Read more

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Capitaland Sea Logistics Fund invests SGD 260 million in Singapore’s first automated logistics facility

08 Jan 2026

Capitaland Investment's Capitaland Sea Logistics Fund has committed SGD 260 million to acquire a minority stake in Ally Logistic Property, establishing its first automated logistics facility in Singapore. The facility will use advanced automation to improve inventory management and operational efficiency, supporting the fund's strategy of technology-driven logistics investment. With Singapore facing land limitations and rising labor costs, this investment strengthens the fund's industrial portfolio and addresses growing e-commerce and trade demands. Analysts see this as a timely step in enhancing efficiency and future growth of logistics infrastructure.Read more

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IRB Infrastructure reports double-digit growth in toll revenue amid steady traffic momentum

08 Jan 2026

IRB Infrastructure and Developers recorded a 12 per cent year-on-year rise in toll revenue in December 2025, reflecting consistent traffic growth across its national highway and expressway assets. Total toll collections for the month stood at INR 754 crore, driven by strong performance from key road projects in Maharashtra, Gujarat and Telangana. The company's revenue momentum was supported by steady economic activity and increased vehicle movement, reinforcing the resilience of toll-based infrastructure assets. Alongside the improved monthly performance, IRB has continued to expand its portfolio through asset acquisitions, including a recently secured toll-operate-transfer project in Odisha. This expansion is expected to further strengthen its revenue base and support long-term growth. With a large and diversified asset portfolio spread across multiple states, the company remains well positioned to benefit from sustained infrastructure usage and traffic recovery trends.Read more

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Chennai to get an INR 800 crore multi modal transport hub at Broadway

Chennai News Desk

08 Jan 2026

Tamil Nadu Chief Minister M K Stalin is set to lay the foundation for a major redevelopment of the Broadway bus stand in Chennai under the North Chennai Development Scheme. The INR 800 crore project will replace the 75 year old facility with a modern multi modal transport hub featuring 73 bus bays capable of handling about 466 bus movements per hour. Temporary terminals at Royapuram and Island Grounds are in place to ensure uninterrupted services. The hub aims to improve daily commuting for thousands, while the project integrates accessible amenities and is supported by multiple government departments.Read more

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IRFC set to become India’s first railway Maharatna with enhanced financial powers

08 Jan 2026

Indian Railway Finance Corporation Ltd (IRFC), the funding arm of Indian Railways, is on the verge of becoming the first railway company in India to achieve Maharatna status, after being recommended by Indian Railways and nearing government approval. The upgrade from its current Navratna status will give IRFC greater financial autonomy, allow it to invest larger amounts without prior government approval, and reduce borrowing costs. With a net worth exceeding INR 56,000 crore and strong growth in sanctioned projects, IRFC has demonstrated consistent performance and expanded its role in infrastructure financing.Read more

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Sri Lotus Developers partners Abhishek Bachchan for ultra-luxury mixed-use project at GIFT City

08 Jan 2026

Sri Lotus Developers & Realty Ltd has entered Gujarat's real estate market through a joint development agreement with actor Abhishek Bachchan for an ultra-luxury mixed-use project at GIFT City, Gandhinagar. The development will come up on a freehold land parcel owned by Bachchan and acquired nearly 15 years ago. Spanning over 1 million sq ft of built-up area, the project marks the developer's first foray into Gujarat and will be executed through its subsidiary, Rise Root Projects Pvt Ltd, under a profit-sharing arrangement. The move aligns with the growing demand for premium residential and commercial spaces in GIFT City, which is emerging as a global financial hub backed by strong infrastructure, progressive policies and rising domestic and international investor interest.Read more

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India focuses on data centres to drive AI and digital growth

08 Jan 2026

India is positioning its data centre ecosystem as the backbone for AI, cloud computing, and digital public infrastructure. The Union Budget this year is seen as a key opportunity to address execution challenges like energy access, approvals, sustainability, and regulatory clarity. With global investments exceeding USD 67.5 billion from companies like Microsoft, Amazon, Google, and Meta, India is attracting major attention. However, issues such as power supply, environmental sustainability, land, water availability, and skilled workforce shortages must be resolved to fully harness this growth potential and become a global hub for AI infrastructure.Read more

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NDMC presents surplus budget for 2026–27 with focus on security, sustainability and infrastructure

08 Jan 2026

The New Delhi Municipal Council has presented a surplus budget for the 2026-27 financial year, projecting a net surplus of INR 143.05 crore while keeping property tax rates unchanged. The budget outlines total receipts of INR 5,953.07 crore against an expenditure of INR 5,810.02 crore, continuing NDMC's surplus-driven fiscal approach. Key announcements include the installation of over 2,000 CCTV cameras across Lutyens Delhi under the Safe City initiative, major investments in power and water infrastructure, and an aggressive push towards renewable energy. The civic body has also prioritised education, environmental sustainability and modern urban services, while aiming to balance development with heritage conservation and citizen welfare.Read more

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India’s first hydrogen-powered train moves closer to pilot run in Haryana

08 Jan 2026

India's first hydrogen-powered train is nearing commissioning, with preparations underway for a pilot run on the Jind Sonipat section in Haryana under Northern Railway. The hydrogen trainset has been manufactured as per RDSO specifications, while a dedicated hydrogen production and storage facility at Jind is close to readiness. The project includes assured power supply arrangements and administrative reviews at the state level. This pilot marks an important step in Indian Railways efforts to test hydrogen traction as a cleaner alternative on select routes.Read more

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Right Tunnelling secures major water diversion tunnel contract in Thailand

08 Jan 2026

Right Tunnelling PCL has received a THB 2.80 billion contract for the construction of a water diversion tunnel and related structures. Awarded earlier this week, the project highlights the company's continued role in complex tunnelling and water management infrastructure. The scope includes tunnel construction and supporting works essential for effective water diversion. With a track record in specialised underground engineering, Right Tunnelling is expected to leverage its technical capabilities to execute the project. The contract strengthens its order book amid ongoing infrastructure spending in Thailand.Read more

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NHAI flags 424 mobile network black spots on highways, seeks TRAI intervention

08 Jan 2026

The National Highways Authority of India (NHAI) has identified 424 stretches of highways and expressways, covering approximately 1,750 km, with weak or no mobile network coverage. These black spots pose risks for commuters and hamper emergency response coordination. NHAI has formally requested the Telecom Regulatory Authority of India (TRAI) to direct telecom operators to improve connectivity. The authority also proposed sending proactive SMS alerts to road users approaching accident prone zones. The move highlights ongoing gaps in communication infrastructure on both greenfield and existing highway sections.Read more

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Chamarajanagar railway station redevelopment under Amrit Bharat scheme to finish by February

08 Jan 2026

Chamarajanagar railway station in Karnataka is undergoing redevelopment under the central government's Amrit Bharat Station Scheme, with work expected to be completed by February. The INR 24 crore project is nearly 90% complete, with civil, electrical, and structural work mostly done. Upgrades include extended platforms for 24 coach trains, separate waiting rooms, a reservation area, a cafeteria, improved signage, widened approach roads, and dedicated parking facilities. The redevelopment aims to improve passenger experience, strengthen connectivity in the border district, reduce congestion at nearby stations, and support local economic and tourism activities.Read more

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West Bengal lays foundation for INR 1,670 crore Gangasagar Setu to improve island connectivity

08 Jan 2026

West Bengal Chief Minister Mamata Banerjee has laid the foundation for the INR 1,670 crore Gangasagar Setu, a four lane bridge spanning nearly 5 km over the Muriganga river. The bridge will connect Kakdwip on the mainland with Kachuberia on Sagar Island, replacing ferry-only travel and reducing travel time for residents, pilgrims, and goods. Larsen & Toubro has been awarded the contract, with completion expected in about two years. Alongside the bridge, the government inaugurated or laid foundation stones for other projects, including tourism and dormitory infrastructure, supporting the region's development and annual pilgrimage.Read more

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Fly91 to add two ATR aircrafts and expand regional routes across India

08 Jan 2026

FLY91 is set to expand its fleet with two additional ATR 72-600 aircraft, leased from Dubai Aerospace Enterprise and scheduled for delivery later this month, bringing its total fleet to six. The airline plans to increase flight frequency on existing routes and launch new services to Vijayawada, Rajahmundry, Nanded, Hubballi, and Dabolim. This comes shortly after the government approved three new domestic airlines, reflecting policy support to diversify India's aviation sector. Fly91 continues to focus on regional connectivity while competing with dominant carriers.Read more

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Indian Railways plans Nava Raipur terminal to expand train services in Chhattisgarh

08 Jan 2026

Indian Railways plans to construct a new coaching terminal at Kendri in Nava Raipur to enhance train services and ease pressure on Raipur Junction. The terminal will feature nine platforms, multiple pit and stabling lines, and dedicated overhauling and mechanical lines to improve maintenance and operational efficiency. Capacity enhancements along the Bilaspur Nagpur section, including a fourth rail line and double track between Kharsia and Parmalkasa, are also underway. Raipur Junction is being modernised with improved passenger facilities. The initiative is part of a broader plan to double train-originating capacity by 2030.Read more

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NDMC clock tower project at Talkatora likely to be delayed by two months

08 Jan 2026

The New Delhi Municipal Council (NDMC) is constructing a 27 metre octagonal clock tower at the Shankar Road Mandir Marg junction near Talkatora Stadium. The project, originally scheduled for completion by the end of January, is now expected to be delayed by around two months due to restrictions under the Graded Response Action Plan and unexpected rocky terrain during foundation work. With an estimated cost of INR 1.8 crore, the structure combines Hindu, Mughal, and colonial architectural styles and will feature a modern illuminated clock, aiming to become a visible heritage landmark near the NDMC area.Read more

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LSG department charges demolition costs for 20 buildings in Chomu

07 Jan 2026

In Chomu (Rajasthan), the local Land, Survey & Ground (LSG) department has initiated action against 20 unauthorised buildings by imposing demolition costs on property owners responsible for illegal construction. Officials charged the costs after determining that the structures lacked requisite approvals under town planning and building regulations. Property owners have been directed to pay the demolition expenses or face enforcement action, reinforcing the authority's commitment to upholding land use and construction norms. The move follows sustained violations in Chomu's urban periphery and is aimed at deterring further unauthorised development. Local residents and civic bodies view the action as a firm step toward ensuring compliance and orderly development in the growing town.Read more

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YEIDA to allot 20,000 sqm plot for EV charging manufacturing facility

07 Jan 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has granted a letter of intent to Neenjas Electric for a 20,000 square metre industrial plot in Sector 8D, Greater Noida, to establish a facility producing electric vehicle (EV) charging solutions and solar power banks. With an estimated investment of INR 169 crore, the project aligns with India Make in India initiative and aims to strengthen EV infrastructure, generate local employment, and boost industrial activity. Proximity to the upcoming Noida International Airport at Jewar further enhances the region's appeal for clean tech and logistics investments.Read more

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