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

Madgaon-Karwar Express begins operations to strengthen Goa-Karnataka connectivity

15 Jun 2026

Indian Railways has launched the Madgaon-Karwar Express service, establishing a new rail link between Goa and the coastal districts of Karnataka. The train was flagged off from Madgaon railway station by Union Minister of State for Railways and Jal Shakti V. Somanna in the past week. The service is intended to improve regional connectivity, provide an affordable travel option for commuters, students, tourists and business travellers, and support economic interaction between the two states. Railway officials said the train would facilitate smoother passenger movement along the Konkan corridor while contributing to tourism, trade and socio-economic activity in the region. The launch forms part of the Centre's broader efforts to expand rail infrastructure, improve passenger services and strengthen connectivity across key growth corridors in western and southern India.Read more

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Qualitas to acquire investment management business of UK-based Starz Real Estate

15 Jun 2026

Australian real estate investment manager Qualitas has agreed to acquire the investment management business of UK-based Starz Real Estate, marking a strategic expansion of its presence in international real estate markets. The transaction is expected to strengthen Qualitas' investment management platform by adding Starz Real Estate’s expertise and portfolio capabilities. While financial details of the deal were not disclosed, the acquisition reflects continued consolidation within the real estate investment management sector as firms seek to expand their geographic reach and diversify their investment offerings.Read more

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As reservoir levels shrink, BMC turns to Mumbai’s forgotten wells for water resilience

Mumbai News Desk

15 Jun 2026

• Facing declining reservoir levels and delayed monsoon progress, the BMC has launched a citywide initiative to identify, revive and utilise nearly 350 open wells across Mumbai.
• The wells will be restored primarily for non-potable uses such as construction, gardening and civic maintenance, helping reduce pressure on the city’s potable water supply network.
• The move comes as Mumbai’s combined lake storage has fallen to around 12.12% of total capacity, prompting authorities to explore alternative water sources and strengthen conservation measures.
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Juhu apartment fire injures eight, raises fresh concerns over residential building safety

15 Jun 2026

• Eight people were injured after a fire gutted a flat in a residential building in Juhu, Mumbai, prompting a large emergency response from fire and civic authorities.
• The blaze caused extensive damage to the affected apartment, while injured residents were shifted to hospital for treatment.
• Authorities have launched an investigation into the cause of the fire, with the incident renewing attention on fire safety preparedness and emergency response measures in residential buildings across Mumbai.
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India's data centre ecosystem may generate USD 280 billion order pipeline by 2035: PwC

15 Jun 2026

India's data centre value chain could generate a cumulative order book worth USD 280 billion by 2035, driven by accelerating artificial intelligence adoption, cloud computing growth and digital transformation initiatives, according to a report by PwC India. The consultancy estimates direct investments of USD 71.6 billion in data centre infrastructure over the period, while the broader ecosystem encompassing IT hardware, electrical systems and cooling technologies presents a significantly larger opportunity. India's installed data centre capacity is projected to increase from around 1.6 GW currently to approximately 13.8 GW by 2035. The report highlights growing demand for advanced cooling technologies to support AI workloads and calls for policy interventions to strengthen domestic manufacturing capabilities and reduce dependence on imported equipment and global supply chains.Read more

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Enforcement Directorate attaches INR 60 crore property assets in alleged INR 1,400 crore banking fraud case

15 Jun 2026

The Enforcement Directorate has attached immovable properties worth around INR 60 crore in connection with an alleged INR 1,400 crore bank fraud case. The assets, located in Indore and linked to entities under investigation, were attached under the Prevention of Money Laundering Act. Authorities allege that loan funds obtained from a consortium of banks were diverted through various transactions, causing significant losses to lenders. The attachment forms part of the agency’s ongoing efforts to trace and secure suspected proceeds of crime.Read more

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Cabinet clears Ahmedabad Metro airport link project

15 Jun 2026

The Union Cabinet has approved Phase 2A of the Ahmedabad Metro Rail Project at an estimated cost of INR 2,169.04 crore, paving the way for a new metro corridor connecting Koteshwar Road with the Sardar Vallabhbhai Patel International Airport. The 6.032-km extension will include five stations and will expand the operational Ahmedabad-Gandhinagar Metro network to 77.63 km upon completion. The project is aimed at improving airport connectivity, strengthening urban mobility and supporting future transport demand in Gujarat's largest urban agglomeration. The approval forms part of the Centre's continued investment in urban transit infrastructure and is expected to enhance connectivity between key residential, commercial and transport hubs across Ahmedabad and Gandhinagar.Read more

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China pulls up state construction firms over safety lapses linked to deadly infrastructure failures

15 Jun 2026

Chinese authorities have summoned two major state-owned construction companies after investigations linked them to serious safety failures behind two major infrastructure incidents. Regulators found that negligence, falsified records, illegal subcontracting and weak safety oversight contributed to a deadly road collapse in southern China and the partial collapse of a newly built bridge in the southwest. Multiple government departments have directed the companies to strengthen safety management and prevent similar incidents, highlighting growing scrutiny of construction quality and infrastructure safety across the country.Read more

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India identifies 102 GWp floating solar potential, plans dedicated scheme to accelerate deployment

15 Jun 2026

India has assessed a floating solar photovoltaic (PV) potential of more than 102 gigawatt-peak (GWp), taking the country's total estimated solar energy potential to 3,445 GWp. The Ministry of New and Renewable Energy (MNRE) is preparing a dedicated scheme to promote floating solar projects on reservoirs and other water bodies. The initiative aims to optimise land use, expand renewable energy capacity and support India's clean energy transition by encouraging large-scale deployment of floating solar infrastructure.Read more

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Vingroup fast-tracks Hanoi mega stadium project as Vietnam pushes infrastructure expansion

15 Jun 2026

Vietnam's Vingroup is accelerating the construction of a 135,000-seat stadium near Hanoi, which the company says will become the world's largest stadium upon completion. The project forms part of a USD 35 billion Olympic Sports City development and is expected to be completed by July 2027, a year ahead of its original schedule. While experts have questioned whether current demand can support a venue of this scale, Vingroup believes the stadium will remain commercially sustainable over the long term. The development also aligns with Vietnam's broader infrastructure expansion programme, which includes projects worth an estimated USD 200 billion by 2030.Read more

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Kangra Valley rail service resumes after nearly four years, restoring key transport link

15 Jun 2026

Train services on the historic Pathankot–Jogindernagar narrow-gauge railway line have resumed after nearly four years, restoring a vital transport corridor for residents of Himachal Pradesh's Kangra region. Operations were suspended after severe floods damaged the Chakki Railway Bridge, disrupting connectivity for thousands of commuters and affecting tourism and local trade. The reconstruction of the bridge has enabled the revival of services, bringing back one of India's longest and most scenic heritage railway routes while improving affordable regional connectivity.Read more

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Lombardy introduces data centre regulations as Italy prepares for multi-billion-euro investment wave

15 Jun 2026

Italy's data centre sector is expected to attract around EUR 22 billion in investments over the next five years, with the Lombardy region projected to receive nearly half of that amount. Regional authorities have introduced new regulations aimed at managing the rapid growth of data centres while encouraging development on abandoned industrial land rather than agricultural or environmentally sensitive areas. Meanwhile, southern Italy's Puglia region is also emerging as a key destination for digital infrastructure investments, supported by strong international connectivity and a growing pipeline of proposed projects.Read more

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Patna Metro records seventh tunnel breakthrough on Blue Line, advancing underground corridor

Patna News Desk

15 Jun 2026

The Patna Metro project has achieved its seventh tunnel breakthrough on the Blue Line after a Tunnel Boring Machine (TBM) completed excavation between Moin-ul-Haq Stadium and Rajendra Nagar Metro stations. The milestone marks continued progress on the underground section of the corridor and is expected to accelerate construction activities. Officials said the breakthrough strengthens momentum for the project's timely execution, with tunnelling work playing a crucial role in expanding metro connectivity across Bihar's capital.Read more

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Tata Power EV Charging partners Varanasi Smart City to expand electric vehicle charging network

15 Jun 2026

Tata Power EV Charging Solutions Ltd (TPEVCSL) has signed a memorandum of understanding (MoU) with Varanasi Smart City Ltd (VSCL) to strengthen electric vehicle (EV) charging infrastructure across Varanasi. The partnership will identify and deploy charging stations at strategic locations, including public parking areas, transit hubs, municipal assets, commercial centres and tourist destinations. The initiative supports the city's sustainable mobility goals while aligning with the Smart Cities Mission and Uttar Pradesh's push towards cleaner transportation.Read more

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Amaravati reviews flood control works at Kondaveeti Vagu and Palavagu amid rains

14 Jun 2026

The Amaravati Development Corporation (ADC) has intensified its focus on flood control measures in the capital region following recent rainfall. ADC Chairperson and Managing Director D. Lakshmiparthasarathy reviewed the ongoing development and drainage works at Kondaveeti Vagu and Palavagu and directed officials to ensure that all projects progress without disruption. The review covered critical locations, including water drainage channels, stream crossings, and bypass bridge points. Officials were instructed to remove obstructions, closely monitor water flow, and carry out regular inspections to strengthen flood management and prevent waterlogging in vulnerable areas of Amaravati.Read more

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Kodagu’s road network gets INR 22 crore boost under Central Road Fund initiative

14 Jun 2026

• Road infrastructure in Kodagu is set for an upgrade with an approved allocation of INR 22 crore under the Central Road Fund.
• The funding will support the development and strengthening of key road stretches across the district.
• Improved connectivity is expected to benefit residents, tourism, agriculture and local businesses by enhancing transportation efficiency.
• The investment reflects continued efforts to improve infrastructure in hilly regions vulnerable to weather-related road damage.
Read more

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Centre clears INR 15 crore for key road upgrades across Belagavi constituency

14 Jun 2026

• The Central government has approved INR 15 crore for three road improvement projects in the Belagavi constituency.
• The sanctioned funds will be utilised to strengthen and rehabilitate damaged stretches, enhancing connectivity and commuter safety.
• The projects are expected to improve transportation links for local communities while supporting regional economic activity.
• The approval reflects continued investment in upgrading critical road infrastructure across Karnataka.
Read more

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Centre approves INR 2,533 crore office and housing projects for Amaravati

14 Jun 2026

The Union Cabinet has approved office and residential infrastructure projects worth INR 2,533 crore for Central government employees in Amaravati, Andhra Pradesh. The approved package includes integrated office complexes and housing facilities for various Central government departments planned in the capital city. The decision aims to provide permanent administrative infrastructure and residential accommodation for government staff while supporting the ongoing development of Amaravati as Andhra Pradesh’s planned capital and strengthening the city’s institutional and urban framework.Read more

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Mumbai Metro 3 begins rollout of underground mobile connectivity network

Mumbai News Desk

14 Jun 2026

• Mobile connectivity has begun rolling out on Mumbai Metro Line 3’s underground Aqua Line after months of delays caused by disputes over telecom infrastructure deployment.
• Airtel and Vodafone Idea have started activating services across sections of the 33.5-km corridor linking Aarey JVLR and Acharya Atre Chowk, Worli.
• The rollout follows agreements with MMRCL to install network infrastructure within stations and tunnels.
• Coverage will be expanded in phases, improving connectivity for commuters travelling on the underground route.
Read more

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Amaravati to get Global Indian International School campus on 4-acre site

14 Jun 2026

Amaravati is set to strengthen its education ecosystem with the addition of a new campus by Global Indian International School (GIIS). The school operator, GIIS K12 Education Private Limited, has signed an agreement with the Andhra Pradesh Capital Region Development Authority (AP CRDA) to establish the institution in the capital city. A 4-acre land parcel has been allotted in Sakhamuru village of Tullur mandal for the project. The proposed campus is expected to offer modern educational facilities, improve access to quality schooling in the region and contribute to local employment generation.Read more

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