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

HAL secures INR 1,800 crore contract to supply 10 Dhruv NG helicopters to Pawan Hans

04 Feb 2026

Hindustan Aeronautics Ltd (HAL) has signed a contract with Pawan Hans Ltd for the supply of 10 Dhruv Next Generation (NG) helicopters, valued at over INR 1,800 crore. The deal includes helicopters, spares, and accessories, with delivery scheduled to complete by 2027. The Dhruv NG, an advanced version of HAL's indigenous helicopter, features twin Shakti engines, a civil-certified glass cockpit, terrain awareness systems, and enhanced safety measures. Pawan Hans, operating a fleet of 42-46 helicopters, will be the first major civil operator of this platform.Read more

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Delhi clears first phase of elevated Ring Road to reduce traffic congestion

Delhi News Desk

04 Feb 2026

Delhi has approved Phase 1A of its elevated Ring Road project, covering a 5 km stretch from Majnu Ka Tila to Salimgarh Fort, to address persistent traffic congestion. This section has been prioritised for its high traffic density and feasibility, while the overall project spans 57.5 km in six planned corridors. The project will integrate with existing infrastructure like the Red Line Metro and grade separators, while adhering to O-Zone and heritage protection norms. The detailed project report will guide tendering and construction, marking a significant step in improving city mobility and bypassing major bottlenecks.Read more

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Air India revises profitability plan as losses continue to mount

04 Feb 2026

Air India, jointly owned by the Tata Group and Singapore Airlines, is revising its strategy to achieve profitability, which is now expected to take three to four more years. The airline is likely to record a loss exceeding INR 15,000 crore in the current fiscal due to factors including the Pakistan airspace closure and expenses from last June's Dreamliner crash. Under the ongoing five-year Vihaan.AI transformation plan, Air India aims to grow domestic market share to 30% and expand international operations, while modernising its fleet with over 570 new planes planned.Read more

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Delhi Metro’s first double-decker viaduct gets ready for train movement

Delhi News Desk

04 Feb 2026

Delhi Metro Rail Corporation has completed its first double-decker viaduct on the Maujpur Majlis Park corridor under Phase IV. The elevated structure between Bhajanpura and Yamuna Vihar is now ready for metro train operations after trial runs and statutory safety inspections. The lower deck, meant for road traffic, is still under construction and is expected to be completed later this year. This project is part of a broader plan to integrate metro and road infrastructure in congested city areas.Read more

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Mumbai civic body set to receive six school buildings from SRA amid classroom shortage

Mumbai News Desk

04 Feb 2026

Mumbai continues to face a shortage of classrooms as several school buildings under slum rehabilitation projects remain undelivered. The Slum Rehabilitation Authority (SRA) and Brihanmumbai Municipal Corporation (BMC) have been coordinating to resolve the long-standing dispute over ten school sites, with six buildings expected to be handed over before mid-year. Some buildings are ready and pending clearances like fire no-objection certificates, while others need minor safety work or are still under construction. A few projects face regulatory delays, and full completion may extend into the next decade.Read more

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Gurgaon’s EV push stays limited to cabs and autos as bus fleet continues on CNG

Gurugram News Desk

04 Feb 2026

Gurgaon's shift towards electric mobility in public transport remains uneven, with progress largely confined to e-cabs and electric autos. Over 20,000 electric commercial vehicles are registered in the city, but its entire public bus fleet continues to operate on CNG. Plans to introduce electric buses have been discussed for several years under national schemes, with Gurgaon expected to receive a large share of the proposed fleet. However, pending approvals and slow execution have delayed implementation, keeping large-scale public transport outside the EV transition.Read more

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Odisha commits to upgrading Rourkela airport and expanding steel plant capacity

03 Feb 2026

Odisha's government has emphasized major infrastructure developments in Rourkela, focusing on upgrading the airport and expanding the Rourkela Steel Plant (RSP). The airport, currently with a 1,930 metre runway and limited passenger handling, is slated for a Category C upgrade to manage moderate traffic. RSP, producing 4.5 million tonnes per annum (MTPA), is planned to nearly double its capacity to 9.5 MTPA by 2030. A state central task force is actively monitoring progress, with multiple official visits and discussions signaling a renewed momentum for long-pending projects in the region.Read more

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FIR filed against builder and project head over open waterlogged pit in Greater Noida

03 Feb 2026

Authorities in Greater Noida have registered an FIR against a builder and the project head of a housing project after an open, waterlogged excavation pit was found near a public road in the Rabupura area. The pit, which remained unattended for months, posed safety and health risks due to stagnant polluted water and the absence of barricades or warning signs. Local residents and farmers raised complaints about foul odour and unsafe conditions, prompting police action under environmental and public safety laws.Read more

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Sumou Real Estate moves ahead with mixed-use tower project

03 Feb 2026

Sumou Real Estate has signed a contract to develop a mixed-use tower at an estimated cost of SAR 423.4 million. The project will include residential, commercial, and retail spaces, reflecting the growing trend for integrated urban developments. This move aligns with the company's strategy to expand its presence in high-demand urban areas and diversify its portfolio. The signing marks the beginning of the design and construction phase, with a focus on timely completion and quality. Analysts highlight the increasing appeal of such versatile projects.Read more

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Pragati platform proves effective in addressing major bottlenecks in key infrastructure projects

03 Feb 2026

The government has highlighted the effectiveness of the Pro-Active Governance and Timely Implementation (PRAGATI) platform in resolving critical bottlenecks across major infrastructure projects, including airports, metro systems, and railways. Launched in 2015 under the Prime Minister's office, PRAGATI enables real-time monitoring, progress review, and grievance redressal in collaboration with state governments and Union ministries. Union Minister of State for Personnel Jitendra Singh confirmed that the platform has improved project completion, enhanced accountability, and helped control delays and cost overruns, marking a significant step in strengthening India's infrastructure project execution.Read more

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Sustained investment in infrastructure supports tourism and regional growth across India

03 Feb 2026

India's focused investment in infrastructure and tourism has strengthened regional growth and domestic travel, the Vice President noted during the closing ceremony of a national cultural event at the Red Fort. Highlighting over 400 crore domestic tourist visits last year, he emphasized that improved road networks, expanded rail connectivity, new airports, and enhanced heritage and pilgrimage facilities have benefited previously less-connected regions, including the Northeast. Cultural initiatives such as Bharat Parv and Kashi Tamil Sangamam have further promoted national integration, showcasing India's diversity while boosting tourism and local economic activity.Read more

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MMRDA reviews Mira-Bhayandar flyover safety amid sudden lane transition concerns

03 Feb 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated a safety review of the new double decker Mira-Bhayandar flyover following public complaints about abrupt lane changes that could increase accident risks. The flyover, running along Mira Bhayandar Road near Metro Line 9 and over Golden Nest Circle, narrows from four lanes to two in a short stretch. Officials say this layout is part of a phased plan accounting for limited space and future extensions. Traffic experts are evaluating measures like barriers, rumble strips, and signage to enhance safety before the flyover opens.Read more

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Bengaluru updates mobility plan to tackle growing traffic congestion

Bangalore News Desk

03 Feb 2026

Bengaluru is revising its Comprehensive Mobility Plan (CMP) to address the city's growing traffic congestion and changing travel patterns. The existing plan, approved in 2020, relied on outdated data collected before the city's rapid expansion and metro network growth. The new plan will integrate metro expansions, Parking Policy 2.0, Transit-Oriented Development, arterial road projects, and the impact of Kempegowda International Airport's Terminal 2. It aims to improve public transport usage, support pedestrian and cycling infrastructure, reduce congestion, and coordinate planning across key transport and civic agencies.Read more

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ACME Solar posts modest profit rise as revenues jump on new capacity additions

03 Feb 2026

ACME Solar Holdings Ltd posted a 1.5 per cent rise in consolidated net profit for the December quarter to INR 114 crore, aided by a 53.9 per cent increase in revenues to INR 617 crore. Higher expenses accompanied the revenue growth. Power generation jumped 49 per cent to 1,567 MUs, supported by improved capacity utilization and new projects. The company partially commissioned 72 MW of wind capacity in Gujarat, secured a 130 MW RTC project, and arranged INR 4,725 crore debt funding to support its renewable expansion.Read more

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Four crore pucca houses delivered to poor households over the past decade, President tells Parliament

03 Feb 2026

The government has constructed nearly four crore pucca houses for economically weaker sections over the last ten years, the President said in an address to Parliament. The housing effort continued during the past year, with around 32 lakh houses completed and handed over to beneficiaries. These homes were built mainly under the Pradhan Mantri Awaas Yojana across rural and urban areas. The initiative forms part of a broader push to improve living conditions, ensure basic amenities, and provide long-term housing security to low-income families across the country.Read more

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Andhra Pradesh moves to upgrade logistics network to global standards

03 Feb 2026

Andhra Pradesh is working to strengthen its logistics system by improving rail connectivity to ports, industrial centres and neighbouring states. Chief Minister N Chandrababu Naidu has asked officials to speed up railway projects to support cargo movement, especially horticulture and industrial goods. The state is focusing on better port linkages, new railway lines, station redevelopment and stronger regional connections. With several rail projects underway and large investments already committed, the government aims to reduce logistics costs and improve freight efficiency across the state.Read more

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NTPC Green Energy reports sharp drop in quarterly profit amid rising expenses

03 Feb 2026

NTPC Green Energy Ltd saw its consolidated net profit fall sharply by 74% to INR 17.32 crore in the December quarter due to rising expenses, despite total income increasing to INR 684.22 crore from INR 581.46 crore a year ago. The company's expenses rose to INR 615.60 crore, highlighting cost pressures in the clean energy sector. NGEL, managing NTPC's renewable projects, continues to expand through both organic and acquisition-led initiatives. The results underscore that while demand for green energy remains strong, careful expense management is essential to sustain profitability.Read more

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Passenger fare adjustments reduce Railways’ freight dependence but losses persist

03 Feb 2026

The Economic Survey for FY 2025-26 highlights that passenger fare revisions over the past five years have lowered Indian Railways' reliance on freight revenue. Freight's share in total earnings fell from 68% in FY 2023 to 65% in FY 2025, with projections of 62% in FY 2026. Despite this, freight profits continue to cover passenger losses, leaving an uncovered deficit of INR 5,257 crore. Improved operational efficiency, capacity expansion, and sustained demand from core sectors have kept freight loading above historical averages, while high rates and cross-subsidisation remain challenges for competition and cost control.Read more

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L&T wins major contract for Riyadh Metro Red Line extension

03 Feb 2026

Larsen & Toubro's Heavy Civil Infrastructure unit has secured a major contract worth between INR 5,000 crore and INR 10,000 crore from the Royal Commission of Riyadh City for the Red Line extension of the Riyadh Metro in Saudi Arabia. The project, part of an ultra-mega initiative led by a consortium including Webuild S.p.A., Nesma & Partners Contracting, Alstom, and IDOM, involves designing and constructing an 8.4 km corridor with elevated and underground sections and five stations, strengthening L&T's global presence in complex metro and mass rapid transit projects.Read more

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Ghaziabad ITMS project ready but launch delayed over inauguration

Ghaziabad News Desk

03 Feb 2026

Ghaziabad's Integrated Traffic Management System (ITMS), developed under the Smart City initiative, is fully complete but has not started operations due to delays in the official inauguration. Initially set to open in mid-December and later postponed to mid-January, the project remains inactive. Funded with INR 53 crore, it features cameras at 78 key junctions for traffic monitoring and violation detection. The municipal authorities have planned a local inauguration soon, while the formal ceremony will follow later. Political leaders have criticised repeated delays, noting public inconvenience and the taxpayer-funded nature of the project.Read more

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