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

Anand bullet train station design reflects ‘Milk City’ identity; construction advances

17 Apr 2026

The under-construction bullet train station at Anand in Gujarat is progressing with structural works nearing completion, with its design drawing from the city's identity as India's Milk City. Developed as part of the Mumbai-Ahmedabad high-speed rail corridor by the National High Speed Rail Corporation Limited (NHSRCL), the station will span 44,073 sq m with a height of 25.6 metres. The three-level structure will feature modern passenger amenities, multimodal connectivity, and design elements inspired by milk droplets. Construction milestones, including slab casting and steel framework, have been completed, with finishing works underway. The station is expected to function as a regional transport hub, improving connectivity within Gujarat's key industrial and urban clusters.Read more

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Mangaluru civic body initiates enforcement action against sewage discharge polluting Moilykere lake in Mahakalipadpu

17 Apr 2026

The Mangaluru City Corporation (MCC) has initiated enforcement measures against residential properties discharging sewage into Moilykere lake in Mahakalipadpu, Mangaluru, following persistent pollution concerns. Notices have been served to houses and apartment complexes identified as sources of untreated sewage inflow, with legal action proposed under provisions of the Karnataka Municipal Corporations Act. The issue, raised in the state legislature, prompted a site inspection by the state's urban development authorities. The absence of an underground drainage (UGD) network in the area has been identified as the primary cause, affecting nearly 400 households across adjoining localities. Civic authorities are concurrently working to identify land for a wet well to enable long-pending UGD infrastructure aimed at addressing sewage management and restoring the lake.Read more

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Serbia and Israel to jointly produce combat drones, says president

17 Apr 2026

Serbia has announced plans to jointly manufacture combat drones with Israel as part of its broader effort to modernise its defence sector and expand military exports. The announcement was made by Serbia's President Aleksandar Vucic during a visit to a military unit, where he highlighted that the country cannot independently develop drones at the level of Israel. The proposed collaboration is expected to follow a 50-50 structure, although key details such as investment value, timeline, and the manufacturer involved have not been officially disclosed. The move aligns with Serbia's ongoing military upgrade strategy.Read more

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Telugu Ganga pipeline shifting gathers pace in Tirupati to enable key road project for planned urban expansion

17 Apr 2026

The Tirupati Urban Development Authority (TUDA) has accelerated the long-pending shifting of the Telugu Ganga drinking water pipeline to facilitate a critical road project linking Karakambadi Road and Renigunta Road. The 2.9 km underground pipeline, which has historically constrained infrastructure development due to its zigzag alignment, is being relocated with funding support from TUDA. The initiative, reported in the past week, resolves a major bottleneck that had delayed the road project despite earlier allocations of around INR 19.5 crore by Tirumala Tirupati Devasthanams (TTD). The pipeline relocation, estimated to require around INR 3 crore, is expected to enable road construction and support Tirupati's planned urban growth, improving connectivity and easing congestion in the expanding temple city.Read more

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Delay in Aroor–Thuravoor elevated highway completion persists amid KSEB–NHAI standoff over power line shifting

17 Apr 2026

The completion of the Aroor-Thuravoor elevated highway in Kerala has been delayed due to an ongoing dispute between the National Highways Authority of India (NHAI) and the Kerala State Electricity Board (KSEB) over the relocation of extra high-tension power lines. The 12.75 km project, estimated at around INR 2,200 crore and nearing 90 per cent completion, has been stalled for several months as shutdown permissions required for shifting power lines remain pending. While approvals have been granted at two locations, a critical stretch near Aroor continues to hold up construction. The delay has affected timelines for structural completion and traffic opening, with commuters continuing to face congestion along NH-66. The project is intended to ease traffic movement along one of Kerala's busiest corridors.Read more

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MCG appoints private agency for waste transportation to Bandhwari landfill to address interim disposal gaps

16 Apr 2026

The Municipal Corporation of Gurugram (MCG) has appointed a private agency to transport municipal solid waste to the Bandhwari landfill for a limited period of four months, as part of interim measures to manage waste disposal challenges. The decision, reported in the past week, comes amid ongoing constraints in waste processing capacity and delays in long-term waste management contracts. The agency will handle the movement of waste from secondary collection points to the landfill, ensuring continuity in daily sanitation operations. Gurugram generates substantial volumes of waste, placing pressure on existing infrastructure, while the Bandhwari site continues to operate beyond its designed capacity. The temporary arrangement is intended to prevent accumulation across the city while authorities work towards stabilising processing systems and awarding longer-term contracts.Read more

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Margao–Canacona highway expansion to cut travel time by half: Tawadkar

Goa News Desk

16 Apr 2026

The Goa government is advancing the expansion of the Margao Canacona stretch of National Highway 66, with officials indicating that the project will significantly reduce travel time between the two locations. State minister Ramesh Tawadkar stated that the upgraded corridor is expected to cut commute duration by nearly half, improving connectivity across South Goa. The project involves widening and strengthening a key segment of the coastal highway network, which forms part of the larger Mumbai-Goa corridor. The development is aimed at easing congestion, supporting tourism movement, and improving access between commercial centres such as Margao and the southern taluka of Canacona. The initiative is part of broader highway upgrades underway across the Konkan region.Read more

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World Bank approves USD 225 million loan for Rajasthan highway upgrade

16 Apr 2026

The World Bank has approved a USD 225 million loan for a highway modernisation project in Rajasthan aimed at improving road efficiency, safety, and climate resilience. The project will upgrade and maintain around 800 km of state highways and benefit more than 3 million people. It also seeks to strengthen the institutional capacity of the Rajasthan State Highway Authority and support job creation across key economic corridors spanning agriculture, industry, mining, and tourism. The funding, provided through the International Bank for Reconstruction and Development, includes a 35-year maturity with a five-year grace period. The initiative addresses infrastructure gaps in a state that connects nearly 40% of India's markets.Read more

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Bandra East high court complex to reshape Mumbai real estate market

16 Apr 2026

The planned Bombay High Court complex in Bandra East is expected to become a key development influencing Mumbai's real estate direction. Spread over 30 acres with a built-up area of over 60 lakh sq. ft, the project also includes proposed residential high-rise towers for government employees. The shift from the existing 146-year-old court building in Fort is seen as more than an infrastructure move, with experts suggesting it may reshape surrounding micro-markets. The development is expected to strengthen the Bandra East BKC corridor, trigger spillover demand in nearby areas, and support Mumbai's transition toward a multi-nodal growth model.Read more

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400-tonne crane topples during Metro 2B construction work at BKC, no injuries reported

16 Apr 2026

A 400-ton mobile crane toppled at a Metro construction site in Mumbai's Bandra Kurla Complex (BKC), disrupting traffic in the city's key business district. The incident, which occurred during lifting operations for the Metro Line 2B station, was attributed to a mechanical failure in the crane's lifting boom. No injuries were reported. The Mumbai Metropolitan Region Development Authority (MMRDA) has imposed a penalty of INR 1 crore on contractor J Kumar Infraprojects Limited following the incident. Restoration work continued through the day, with a higher-capacity crane deployed for removal. The event highlights ongoing safety and operational challenges at large infrastructure sites in high-density urban zones.Read more

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GHV Infra secures INR 1,250 crore EPC contract for expressway connectors between Jalna and Nanded in Maharashtra

16 Apr 2026

GHV Infra Projects Limited has secured an engineering, procurement and construction (EPC) contract valued at INR 1,250 crore from APCO Infratech Private Limited for developing expressway connectors between Jalna and Nanded in Maharashtra. The contract, awarded in the past week, covers end-to-end project execution including survey, design, engineering, construction, and maintenance, with a completion timeline of 30 months. The project forms part of ongoing efforts to strengthen road connectivity in the state, particularly across key districts in the Marathwada region. The order adds to the company's growing project pipeline, with its order book standing at approximately INR 9,000 crore as of late March, reflecting continued traction in civil construction and road infrastructure segments.Read more

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BMC advances SV Road widening in Andheri, 502 structures identified for removal

16 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) is progressing with a road-widening project along SV Road in Andheri, where 502 structures have been marked for removal to ease congestion. The work is being executed in three phases under DCPR provisions, with the first phase largely completed. Authorities have encouraged partial voluntary demolition by property owners to speed up the process. The stretch remains a key traffic corridor in the western suburbs, and past similar drives across Mumbai indicate a continued focus on removing bottlenecks and improving road capacity.Read more

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11 killed after overcrowded taxi crashes into mixer truck in Kalyan

16 Apr 2026

A road accident on the Kalyan-Murbad route led to the death of 11 people after an overcrowded taxi collided with a cement mixer truck. The vehicle was carrying almost double its permitted capacity, which worsened the impact and left no survivors. The crash occurred on a partially open bridge, raising concerns about road conditions and traffic management. Initial findings pointed to overspeeding and negligence. The incident has once again highlighted issues around illegal shared transport operations and weak enforcement on busy regional routes.Read more

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NHAI approves revised Enchakkal flyover plan with additional pillars, enabling construction to resume ahead of monsoon in Kerala

16 Apr 2026

The National Highways Authority of India (NHAI) has approved a revised design for the Enchakkal flyover approach roads in Thiruvananthapuram, allowing construction to resume after a prolonged halt. The updated plan replaces retaining walls with additional structural pillars to address safety concerns arising from similar failures elsewhere in Kerala. The project, valued at approximately INR 47 crore, is a key intervention along the NH-66 corridor aimed at easing congestion near the airport junction. With the southwest monsoon approaching in the coming weeks, contractors have been directed to accelerate pending works, particularly approach roads and drainage systems. The flyover forms part of broader efforts to improve urban mobility and streamline traffic flow across critical access routes in the state capital.Read more

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Mumbai–Pune missing link opening may face delay amid West Asia supply disruption

16 Apr 2026

The Mumbai-Pune Expressway missing link project, which is in its final stage, may not meet its planned May 1 opening due to supply disruptions linked to the ongoing West Asia conflict. Shortage of bitumen and rising input costs have slowed the final surfacing work on key bridge sections. While tunnels and major road stretches are already complete, the last phase remains pending. Authorities are working to meet internal deadlines, but uncertainty over material availability and logistics continues to affect progress.Read more

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Amazon advances ‘Project Houdini’ to accelerate data centre construction amid rising AI infrastructure demand

16 Apr 2026

Amazon has introduced an internal initiative, Project Houdini, aimed at significantly reducing the time required to build data centres for artificial intelligence workloads. Reported in the past week, the approach shifts construction from traditional on-site methods to factory-based modular assembly, enabling faster deployment of server infrastructure. The model is expected to cut construction timelines from several weeks to as little as two to three weeks for core data hall components, while reducing labour intensity. The initiative is part of Amazon Web Services broader effort to address capacity constraints driven by surging demand for AI computing. The development reflects a wider industry trend towards prefabrication and standardisation in digital infrastructure, as technology firms scale up investments in high-performance data centres globally.Read more

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A1 Ltd nears debt-free fleet milestone as logistics expansion with new tankers strengthens delivery capacity

16 Apr 2026

Gujarat-based logistics and chemical trading firm A1 Ltd has achieved a significant operational milestone, with over 90 per cent of its vehicle fleet now debt-free and full repayment of vehicle-related liabilities targeted within the current financial year. The development, reported in the past week, coincides with the company's expansion of logistics capacity through the addition of 10 multi-axle tankers, taking its total fleet size to 71 vehicles. The move is aimed at meeting rising customer demand, improving delivery timelines, and reducing reliance on third-party logistics providers. The combined strategy of deleveraging and fleet expansion reflects a focus on strengthening operational efficiency and asset ownership within the company's logistics framework.Read more

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US Navy begins maritime blockade on Iranian ports, escalating tensions across key global shipping routes

16 Apr 2026

The United States has initiated a naval blockade targeting Iranian ports, marking a significant escalation in the ongoing geopolitical conflict in the Middle East. The enforcement, which began in the past week, applies to vessels entering or leaving Iranian coastal infrastructure across the Persian Gulf and Gulf of Oman, while allowing transit through the Strait of Hormuz for non-Iran-bound traffic. The move follows the collapse of diplomatic negotiations between the two countries and is aimed at restricting Iran's oil exports and economic activity. The development has triggered concerns over global energy supply disruptions, with oil prices reacting sharply and maritime traffic facing increased scrutiny. The blockade is expected to have implications for international shipping, logistics, and trade flows, particularly across Asia-bound energy corridors.Read more

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Centre exempts income tax and stamp duty on compensation for land acquired under national highway projects

16 Apr 2026

The Union government has announced a tax exemption on compensation received by landowners whose land is acquired for national highway projects, removing the liability of income tax and stamp duty on such transactions. The decision, reported in the past week, is expected to provide financial relief to affected individuals, particularly farmers and rural landholders. The move aligns with provisions under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, and forms part of broader efforts to ease land acquisition challenges in infrastructure development. By ensuring that compensation remains fully accessible to beneficiaries, the policy aims to reduce disputes, improve acquisition timelines, and support the execution of highway projects across the country.Read more

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Maharashtra drives INR 6,500 crore infrastructure push in Gadchiroli across roads, irrigation, healthcare and urban development

16 Apr 2026

The Maharashtra government is implementing infrastructure projects worth approximately INR 6,500 crore across Gadchiroli district, covering over 140 initiatives spanning roads, irrigation, healthcare, and urban development. Reported in the past week, the programme is aimed at improving connectivity, strengthening public infrastructure, and supporting economic activity in a region historically affected by limited development. Road projects alone account for over INR 3,000 crore, focusing on linking remote areas, while irrigation schemes and healthcare upgrades are being undertaken to improve agricultural output and access to services. The initiative forms part of a broader strategy to integrate Gadchiroli into the state's economic framework, alongside parallel plans to develop the district as a mining and industrial hub supported by enhanced infrastructure and connectivity.Read more

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