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

Centre explores Namo Bharat rapid rail link between Bhubaneswar and Cuttack as alternative to metro proposal

21 Mar 2026

The Union government is examining the introduction of a Namo Bharat rapid rail service between Bhubaneswar and Cuttack to strengthen regional connectivity in Odisha. Announced in the past week by Railway Minister Ashwini Vaishnaw, the proposal involves operating high-frequency trains on a new railway line currently under consideration. The service is expected to run at intervals of around 30 minutes, offering a cost-effective alternative to the previously proposed metro project, which had an estimated cost of INR 6,255 crore. The plan is aimed at improving commuter mobility between the twin cities, which function as a single urban cluster with high daily traffic movement. The initiative forms part of broader efforts to expand semi-high-speed rail-based urban transit systems across emerging metropolitan regions.Read more

cover photo

Delhi civic body launches digital portal for construction waste collection to curb illegal dumping and improve tracking

Delhi News Desk

21 Mar 2026

The Municipal Corporation of Delhi (MCD) has introduced an online portal to streamline the collection and disposal of construction and demolition (C&D) waste across the capital, enabling residents, developers, and contractors to request pickups through a digital interface. Launched in the past week, the platform connects users with authorised transporters and provides end-to-end tracking of waste movement to designated processing facilities. The initiative aligns with the C&D Waste Management Rules, 2025, and aims to address large volumes of debris generated daily in the city. Authorities have allowed free collection for waste up to one metric tonne, with prescribed charges beyond that limit. The system is expected to strengthen compliance, reduce unauthorised dumping, and support recycling efforts in Delhi's construction sector.Read more

cover photo

Pune Metro’s Hinjewadi–Shivajinagar line completion pushed further as execution challenges delay timeline

Pune News Desk

21 Mar 2026

The completion timeline for the Hinjewadi Shivajinagar Metro corridor in Pune has been deferred again, with authorities citing construction and coordination challenges affecting progress. The project, being implemented by Pune IT City Metro Rail Limited (PITCMRL), is a key urban transit link connecting the city centre with the Hinjewadi IT hub. Initially targeted for earlier completion phases, the revised schedule now extends the delivery timeline beyond previous projections. The delay is attributed to land acquisition issues, utility shifting, and complexities in executing elevated structures along congested stretches. The corridor is expected to significantly ease traffic congestion upon completion, but repeated timeline revisions have raised concerns around execution pace and project management in large-scale urban infrastructure developments.Read more

cover photo

Borivali’s transformation gathers pace as redevelopment and infrastructure upgrades reshape the western suburb’s housing market

Mr. Rohit Garodia, Founder and Managing Partner, Pecan Realty.

21 Mar 2026

Borivali, long regarded as a stable suburban residential destination in Mumbai's western corridor, is undergoing a structural transformation driven by redevelopment activity, infrastructure expansion and the entry of large developers. Over the past few years, several branded developers have launched high-rise residential projects, introducing larger gated communities and premium housing formats to the suburb. Improved connectivity through Metro Line 2A and other planned infrastructure projects has strengthened its accessibility across the Mumbai Metropolitan Region. At the same time, large-scale redevelopment of ageing housing societies is changing the built environment and adding new housing supply. Rising homebuyer demand, supported by established social infrastructure and a strong end-user base, is gradually positioning Borivali as one of Mumbai's emerging premium residential micro-markets.Read more

cover photo

Cement stocks gain as companies expected to raise prices to manage rising costs

21 Mar 2026

Cement stocks moved higher in the past week as expectations grew that companies may increase prices to pass on rising input costs, mainly fuel and energy. This has improved sentiment after a period of weak pricing power and margin pressure. Brokerages believe price hikes could support profitability in the near term. The sector has been impacted by high costs and competitive intensity, but consolidation and steady demand from infrastructure and real estate are offering support. The recent rally reflects cautious optimism around margin recovery and better pricing discipline.Read more

cover photo

XLRI signs agreement with APCRDA to set up 61.7-acre campus in Amaravati

21 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed an agreement for sale with XLRI Xavier School of Management to establish a new campus in Amaravati. The institute plans to develop the campus on a 61.7-acre land parcel with an estimated investment of around INR 300 crore. In its first phase, the campus will accommodate about 1,000 students and offer executive education programmes for around 200 professionals. The project is expected to strengthen Amaravati's education ecosystem and support the state government's plan to position the capital region as a hub for reputed national and international educational institutions.Read more

cover photo

Chennai Metro’s Poonamallee–Vadapalani line opening postponed until after elections

Chennai News Desk

20 Mar 2026

The 14.6 km Chennai Metro stretch between Poonamallee Bypass and Vadapalani is now expected to open only after state assembly elections, due to restrictions under the model code of conduct and the desire for a full ceremonial launch. Conditional safety approvals have been granted, but final deck slab installations, signalling system adjustments, and incomplete stations remain. Initial services will operate on a limited schedule with selective station stops, gradually expanding as remaining stations and infrastructure are ready, providing much needed connectivity for west and central Chennai commuters.Read more

cover photo

Powerica’s Rs 1,100 crore IPO set to open with debt reduction as key focus

20 Mar 2026

Powerica Ltd, a provider of integrated power solutions, is launching a Rs 1,100 crore initial public offering, combining a fresh share issue of Rs 700 crore with an offer for sale of Rs 300 crore by promoters. The IPO, priced at Rs 375-395 per share and valuing the company at around Rs 5,000 crore, will primarily fund debt reduction. Bidding for anchor investors will occur before the public subscription opens, with the stock expected to debut in early April. The company has seen revenue growth, though net profit has declined recently.Read more

cover photo

Flights diverted at Delhi airport as dust storm and rain disrupt operations

20 Mar 2026

Operations at the New Delhi airport were affected after dust storms and heavy rain led to weather disruptions during the evening this week. As a result, around 22 incoming flights were diverted to alternate airports, according to an official statement. The situation prompted the India Meteorological Department to issue an orange alert for the city, indicating significant weather activity. The Indira Gandhi International Airport, which handles over 1,300 flight movements daily, experienced temporary operational impact due to reduced visibility and adverse flying conditions.Read more

cover photo

Delhi plans elevated corridors and key road upgrades to reduce congestion

20 Mar 2026

The Delhi government has cleared a set of road infrastructure projects aimed at improving connectivity and easing congestion across key stretches of the city. The plan includes the Barapullah Phase-III extension linking Mayur Vihar and Sarai Kale Khan, and a six-lane elevated corridor along Mehrauli-Badarpur Road. These projects are expected to enable signal-free movement, reduce travel time, and ease pressure on existing roads. The initiative is part of a broader strategy to strengthen urban mobility, building on earlier proposals for road expansion, underpasses, and better connectivity across high-traffic zones.Read more

cover photo

Cube Highways Trust files draft papers with Sebi for INR 5,000 crore InvIT public listing

20 Mar 2026

Cube Highways Trust has filed draft documents with the Securities and Exchange Board of India (Sebi) to raise up to INR 5,000 crore through an initial public offering, marking its transition from a privately listed infrastructure investment trust to a publicly listed InvIT. The issue will be entirely an offer-for-sale by existing investors, including Cube Highways and Infrastructure entities and institutional stakeholders. The InvIT, which manages 27 road assets across 12 states and one union territory, reported assets under management of INR 36,520 crore as of September 2025. Ahead of the listing, the trust plans to acquire four additional highway and tunnel assets, expanding its portfolio to 31 assets. The move is expected to broaden its investor base and improve liquidity access.Read more

cover photo

Noida airport proposes higher passenger fee of up to INR 1,200 for departures

Noida News Desk

20 Mar 2026

Noida International Airport has proposed a revised user development fee (UDF) structure for passengers, with departure charges ranging from INR 653 to INR 1,200 for FY27. The proposal, submitted to the Airports Economic Regulatory Authority, also includes fees for arriving passengers and a plan for annual increases till FY31. The move comes as the airport prepares to start operations and aims to balance revenue generation with competition in the NCR's dual-airport market. The final tariff decision is currently under regulatory review.Read more

cover photo

Government expands seaplane push with 28 water aerodromes under UDAN 3

20 Mar 2026

The central government has identified 28 water aerodromes under the UDAN 3 scheme to expand seaplane operations and improve regional connectivity. The plan focuses on linking remote, coastal, and island locations where traditional airport infrastructure is difficult to build. Seaplane services, first introduced under UDAN 3, had seen slow progress earlier due to operational and cost challenges. With this renewed push, the government aims to strengthen tourism circuits and reduce travel time. The move builds on earlier efforts where select water aerodromes and routes were already taken up but faced execution hurdles.Read more

cover photo

BMC advances citywide road concretisation while preparing for next expansion phase

Mumbai News Desk

20 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) continues its large-scale road concretisation project, replacing asphalt and paver surfaces with concrete across Mumbai's island city and suburbs. So far, over 1,330 km of roads have been completed under two phases of the initiative, which targets more than 2,050 km in total. As civic authorities prepare estimates for a proposed next phase costing around INR 2,500 crore, political leaders have raised concerns over coordination issues, unfinished work, and tender transparency. The project remains a key step in improving city roads and commuter safety.Read more

cover photo

Centre clears final survey for doubling Palakkad–Pollachi–Podanur rail line to ease congestion

20 Mar 2026

The Union government has approved the final location survey for doubling the Palakkad Pollachi Podanur railway line, a key link between Kerala and western Tamil Nadu. The project aims to reduce congestion, increase train frequency, and improve freight movement along the busy corridor. The current single track passes through forest areas, leading to wildlife risks and speed restrictions. The new alignment through Pollachi is expected to minimize these risks, and new stations at Kovilpalayam and Chettipalayam may be added. The survey paves the way for detailed planning and administrative approvals.Read more

cover photo

VMRDA begins development of Vizag Bay City coastal hub

Visakhapatnam News Desk

20 Mar 2026

The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has initiated the Vizag Bay City coastal project, aiming to transform a 40 sq km stretch between Kailasagiri and Bheemunipatnam into a vibrant mixed use waterfront destination. The plan focuses on coastal tourism, global business ecosystems, and premium residential development. It will feature scenic corridors, heritage restoration, Blue Flag beaches, water sports, adventure parks, innovation districts, and luxury residences. By FY2032, the project aims to attract about 1.5 million high-value visitors annually, supporting regional economic growth and positioning Visakhapatnam as a global coastal city.Read more

cover photo

SpiceJet offers property as security in INR 144 crore Delhi HC dispute amid cash pressure

20 Mar 2026

SpiceJet has approached the Delhi High Court seeking permission to submit an immovable property as security instead of depositing INR 144 crore in its ongoing arbitration dispute with Kalanithi Maran and KAL Airways. The airline cited liquidity challenges due to operational disruptions, including reduced Gulf operations. However, the court rejected the proposal and granted a final four-week extension to deposit the amount. The case stems from a long-standing 2015 share transfer dispute, and continues to impact SpiceJet's financial position and legal obligations.Read more

cover photo

Centre extends localisation deadline for electric bus and truck makers under PM E-Drive scheme amid supply chain constraints

20 Mar 2026

The Union government has extended localisation requirements for electric bus and truck manufacturers by six months under the PM E-Drive scheme, allowing continued import of traction motors until early September. The decision, taken in the past week by the Ministry of Heavy Industries, provides relief to manufacturers facing supply disruptions linked to rare earth magnet availability. The scheme, with an outlay of INR 10,900 crore, links incentives to phased domestic manufacturing of key EV components. The extension applies to traction motors used in heavy electric vehicles, which were earlier required to be locally produced within strict deadlines. The move aims to ensure continuity in production while giving industry additional time to meet indigenisation targets amid ongoing global supply challenges.Read more

cover photo

Sandhurst Road BIT chawls residents seek redevelopment on BDD model

Mumbai News Desk

20 Mar 2026

Residents of the seven Bombay Improvement Trust (BIT) chawls near Sandhurst Road in Mumbai have called for redevelopment similar to the ongoing Bombay Development Directorate (BDD) projects. Though the Brihanmumbai Municipal Corporation (BMC) and Central Railway (CR) label these buildings as old and potentially unsafe, residents argue they remain structurally sound. They want funds earmarked for redevelopment to be used to upgrade their homes to 500 sq ft units like BDD chawls. The debate highlights safety concerns, questions about rehabilitation policy, and the need for better use of public funds for historic housing clusters.Read more

cover photo

Navi Mumbai civic body may remove over 70 trees and road divider for planned F4 race in Nerul

19 Mar 2026

Preparations for a proposed Formula-4 (F4) street race in Nerul, Navi Mumbai, have drawn objections from environmental activists who claim that more than 70 trees may be cut or relocated to facilitate the event. The Navi Mumbai Municipal Corporation is expected to spend around INR 28 crore on hosting the race. Activists have raised concerns over the removal of trees from a road divider and the possible use of a nearby playground for event infrastructure. They have also warned about traffic disruptions and environmental impact, while civic authorities continue planning the event scheduled for later this year.Read more

cover photo