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

Bessco Power and Renergo Developers join forces to develop 1,000 MW renewable energy projects

14 Mar 2026

Bessco Power Pvt. Ltd. and Renergo Developers Pvt. Ltd. have formed a strategic joint venture to develop 1,000 MW of renewable energy projects in India and Nepal over the next 18-24 months. The partnership will mainly focus on utility-scale solar projects while exploring emerging sectors such as green hydrogen, compressed biogas (CBG), and green ammonia. By combining development expertise and strategic execution platforms, the companies aim to accelerate clean energy deployment, contribute to sustainable economic growth, and create a diversified renewable energy portfolio aligned with the region's energy transition goals.Read more

cover photo

Navi Mumbai civic body advances Sanpada underpass project on Palm Beach Road to ease traffic congestion while planning large-scale tree transplantation

14 Mar 2026

The Navi Mumbai Municipal Corporation (NMMC) is progressing with the construction of a planned underpass at Sector 19, Sanpada, along Palm Beach Road to ease traffic congestion and improve connectivity within the Sanpada and Juinagar areas. The project has been proposed as an alternative access route to reduce dependence on the existing entry point near Moraj Circle and to manage future traffic pressure arising from infrastructure developments including the Navi Mumbai International Airport, JNPT expansion and the planned Third Mumbai. As part of the project's environmental management plan, the civic body has identified 808 trees in the project area, of which 368 will be preserved in their existing locations. A further 329 trees will be transplanted scientifically within the same locality, while 111 trees are proposed to be removed after due regulatory procedures and public consultations.Read more

cover photo

Union Cabinet approves INR 4,474 crore railway multitracking projects in West Bengal and Jharkhand to expand network capacity

14 Mar 2026

The Union Cabinet has approved two railway multitracking projects in West Bengal and Jharkhand with a combined investment of INR 4,474 crore to increase capacity on key rail corridors in eastern India. The projects involve constructing fourth railway lines on the Sainthia Pakur and Santragachi Kharagpur sections and are expected to add approximately 192 km to the Indian Railways network. Covering five districts across the two states, the upgrades aim to reduce congestion on busy routes used by both passenger and freight trains. The corridors are important for transporting commodities such as coal, stone, cement, iron and steel, foodgrains and petroleum products. Planned under the PM Gati Shakti National Master Plan, the projects are intended to improve multimodal connectivity, enhance freight movement efficiency, and strengthen logistics infrastructure in the region.Read more

cover photo

AGICL MD reviews ongoing construction projects in Amaravati

14 Mar 2026

AGICL Managing Director SVR Srinivas carried out inspections at major construction projects in Amaravati, including the Gazetted Officers Housing, Amaravati Government Complex Infra, and GAD Tower 1 and 2. During the visits, he engaged with contractors and engineering teams to assess progress and understand project updates. Following the site inspections, he conducted a detailed review session to ensure that construction work adheres to set quality standards and timelines. This initiative reflects AGICL's focus on maintaining efficient and high-quality infrastructure development in the capital.Read more

cover photo

Navi Mumbai Municipal Corporation Demolishes 213 Unauthorised Huts Beneath High-Tension Lines in Vashi Gaon

14 Mar 2026

The Navi Mumbai Municipal Corporation has carried out a major demolition drive to remove unauthorised hutments constructed beneath high-tension electricity lines in Vashi Gaon. Acting on instructions from Municipal Commissioner Dr Kailas Shinde, the civic body's encroachment department cleared 213 illegal huts built on land belonging to the municipal corporation and CIDCO. The operation was conducted under the supervision of senior officials with support from police personnel, security staff and demolition equipment. Authorities said the structures posed serious safety risks due to their location directly beneath high-voltage transmission lines. The civic administration has stated that similar enforcement actions will continue as part of its efforts to remove unauthorised encroachments across Navi Mumbai.Read more

cover photo

CREDAI MCHI Thane welcomes Maharashtra State Budget 2026, highlights housing and infrastructure push

14 Mar 2026

CREDAI MCHI Thane has welcomed the Maharashtra State Budget 2026 presented by Devendra Fadnavis, citing its focus on housing, infrastructure and economic growth. The industry body said the budget's emphasis on completing 3.57 lakh houses under Pradhan Mantri Awas Yojana and promoting rooftop solar energy will support affordable housing and sustainable development. It also highlighted the government's push for metro and highway projects, which are expected to improve regional connectivity and boost economic activity in Thane and other cities across Maharashtra.Read more

cover photo

GHMC intensifies anti-littering enforcement, issues over 10,000 challans and imposes more than INR 2 crore in penalties

Hyderabad News Desk

13 Mar 2026

The Greater Hyderabad Municipal Corporation (GHMC) has intensified enforcement against littering and illegal waste dumping across Hyderabad, issuing more than 10,000 challans and collecting penalties exceeding INR 2 crore. The fines were imposed between April and December last year as part of a sanitation enforcement drive using the Comprehensive Challan Management System (CCMS) mobile application. Civic officials used the digital platform to record violations and issue penalties for 11 categories of sanitation offences, including roadside littering, improper disposal of construction and demolition waste, and failure by commercial establishments to maintain waste bins. Daily penalties collected during the drive ranged between INR 75,000 and INR 1 lakh. The initiative forms part of a broader cleanliness programme aimed at eliminating garbage-vulnerable points and improving waste management across Hyderabad's municipal limits.Read more

cover photo

T&T Infra–Univastu joint venture secures INR 229.97 crore contract for viaduct and station works on Pune Metro corridor

Pune News Desk

13 Mar 2026

A joint venture between T&T Infra Ltd and Univastu India Ltd has secured a civil construction contract valued at INR 229.97 crore from Maharashtra Metro Rail Corporation Limited (Maha-Metro) for works associated with the Pune Metro Rail Project. The project covers the design and construction of a 1.123 km elevated metro viaduct along the Vanaz Chandani Chowk section of Line-2A. The scope also includes building two metro stations Kothrud Bus Depot and Chandani Chowk along with a first-level integrated double-decker flyover at the Kothrud Depot. Additional works involve constructing a foot overbridge connecting the corridor to a national highway and developing stabling lines at the Bhakti Shakti end of the PCMC Nigdi corridor. The contract will be executed through the T&T Univastu JV, with project completion scheduled within 27 months.Read more

cover photo

Narangi–Agartala intercity train service to enhance Northeast connectivity

13 Mar 2026

The Northeast Frontier Railway is set to launch a new intercity train connecting Narangi near Guwahati in Assam with Agartala in Tripura this Friday. The service will pass through key stations such as Jagiroad, Hojai, Lumding, New Haflong, Badarpur, New Karimganj, Dharmanagar, Kumarghat and Ambassa. This initiative is expected to improve travel for passengers from Assam's Barak Valley, the hill districts, and northern Tripura. Officials have highlighted that the train will make travel more convenient, support regional mobility, and complement the existing rail network, strengthening connectivity in the Northeast.Read more

cover photo

CCI clears Cube Highways’ acquisition of road asset businesses from Dineshchandra Group

13 Mar 2026

The Competition Commission of India (CCI) has approved Cube Highways and Infrastructure V Pte. Ltd's acquisition of certain road asset businesses belonging to the Dineshchandra R. Agrawal Group. The transaction involves four special purpose vehicle companies that operate highway projects in India under concession agreements with government authorities. These projects function under toll and annuity models. Cube Highways, a foreign portfolio investor registered with the Securities and Exchange Board of India, continues to expand its presence in India's operational highway sector through acquisitions of infrastructure assets developed by construction companies.Read more

cover photo

Delhi to develop inter state bus terminal on reclaimed Bhalswa landfill land

13 Mar 2026

The Delhi government is moving ahead with plans to build an inter state bus terminus (ISBT) on about 20 acres of land reclaimed from the Bhalswa landfill. The project aims to improve bus connectivity from northern states and enhance passenger facilities in the city's north. The landfill is one of three major sites targeted for removal by next year. Alongside this, Delhi will induct 200 new electric buses this month, expanding its fleet to a projected 7,500 by year end. Upgrades to depots, automated testing stations, and EV charging infrastructure are also part of the city's wider transport modernization plans.Read more

cover photo

Noida International Airport receives DGCA aerodrome licence, clearing a key regulatory step ahead of commercial flight operations

Noida News Desk

13 Mar 2026

Noida International Airport at Jewar in Gautam Buddha Nagar district has received an aerodrome licence from the Directorate General of Civil Aviation (DGCA), marking a critical regulatory milestone ahead of the launch of scheduled commercial operations. The licence certifies that the airport's infrastructure, operational procedures, navigation systems, and safety protocols comply with national civil aviation regulations. The approval follows security vetting by the Bureau of Civil Aviation Security (BCAS) and allows the airport operator to advance preparations for passenger and cargo services. Officials indicated that the start of commercial flights will be finalised after approval of the Aerodrome Security Programme by BCAS and coordination with airlines and government authorities. Developed as a greenfield airport serving the National Capital Region and western Uttar Pradesh, the facility's first phase includes a runway and a terminal designed to handle up to 12 million passengers annually.Read more

cover photo

New Indore–Hyderabad highway with mountain tunnels expected to improve interstate travel

13 Mar 2026

A new highway corridor connecting Indore in Madhya Pradesh with Hyderabad is progressing steadily and is expected to improve road connectivity between central and southern India. The four-lane highway forms part of the Indore Ichhapur National Highway and includes three tunnels through difficult mountainous terrain to remove dangerous ghat sections. Officials from the National Highways Authority of India recently reviewed the project and indicated that the corridor is likely to be completed by December 2026. Once operational, the route is expected to reduce travel time, improve road safety and support smoother movement of passenger and commercial vehicles.Read more

cover photo

IDBI Bank signs lease agreement to set up INR 50 crore office in Amaravati

13 Mar 2026

IDBI Bank has moved ahead with plans to establish a new office in Amaravati after signing a lease agreement with the Andhra Pradesh Capital Region Development Authority (APCRDA). The bank has been allotted 0.4 acres of land in Uddandarayunipalem where it plans to develop its office with an investment of about INR 50 crore. The project is expected to generate around 200 employment opportunities. Officials from IDBI Bank and APCRDA completed the agreement and registration process in the presence of senior representatives, marking another institutional investment in the developing capital region.Read more

cover photo

Grew Solar wins repeat INR 500 crore order for high-efficiency PV modules

13 Mar 2026

Grew Solar has secured a repeat order worth around INR 500 crore from an Independent Power Producer to supply its high-efficiency solar PV modules. The order is intended to support upcoming utility-scale solar projects at multiple locations across India. The company operates a 6.5 GW module manufacturing plant in Dudu, Rajasthan, with plans to expand to 11.0 GW, and is setting up an 8.0 GW solar cell facility in Narmadapuram, Madhya Pradesh. This new order reinforces the company's position in India's growing solar energy sector.Read more

cover photo

Skye Air Mobility raises USD 9 million in Series B funding to expand drone delivery network

13 Mar 2026

Drone logistics company Skye Air Mobility has raised USD 9 million in a Series B funding round led by IAN Alpha Fund, with participation from AVNM Ventures, Faad Capital and Bajaj Capital. The funding will be used to expand the company's hyperlocal drone delivery network and strengthen its technology infrastructure across India. Founded in 2019, the company has already completed around 3.6 million autonomous deliveries and works with clients such as Blue Dart Express, Flipkart and Tata 1MG. The fresh capital will support geographic expansion and further development of its airspace management and logistics technology platforms.Read more

cover photo

TruBridge launches global capability centre in Chennai to expand revenue cycle management and healthcare technology operations

13 Mar 2026

US-based healthcare solutions provider TruBridge has established a global capability centre (GCC) in Chennai to expand its technology-enabled revenue cycle management (RCM) operations and strengthen its global delivery network. The centre has been set up in partnership with consulting firm Zinnov and will initially focus on services including accounts receivable management, medical coding, consulting and related RCM support for hospitals. The facility begins operations with an initial workforce of 57 professionals and is expected to scale significantly over the next 12-18 months as capabilities expand. TruBridge, which supports over 1,500 healthcare clients and employs around 3,500 people globally, said the India expansion is aimed at strengthening operational capacity, advancing healthcare technology innovation and improving financial outcomes for healthcare providers. The centre will operate as part of the company's global service network while adhering to established data privacy and compliance standards.Read more

cover photo

Mumbai to develop entry arches with parks, parking and amenities at key city points

Mumbai News Desk

13 Mar 2026

Mumbai's civic administration is moving forward with a plan to build distinctive entry arches at major entry points, complemented by practical amenities. The mayor recently visited Vashi, Airoli, and Mulund entry points to review progress and fast-track planning. The arches will be accompanied by landscaped parks, parking spaces, air conditioned restrooms, and designated stalls for local entrepreneurs and community groups. Additionally, a transport and commercial hub is being planned at the former Dahisar octroi site, integrating bus services, retail spaces, and hotels to improve connectivity and revenue generation.Read more

cover photo

Opening of Chennai MRTS Velachery–St Thomas Mount extension and initial Phase-2 Metro stretch delayed due to pending approvals and incomplete works

Chennai News Desk

13 Mar 2026

The launch of two major urban rail projects in Chennai the MRTS extension from Velachery to St Thomas Mount and the first operational stretch of Chennai Metro Phase-2 has been delayed, postponing services that were expected to begin in early March. The 4.5 km MRTS extension, built at a cost of about INR 734 crore, is awaiting final safety certification from the Chief Commissioner of Railway Safety (CCRS) before passenger operations can commence. At the same time, the initial 14.6 km section of Metro Phase-2 between Poonamallee Bypass and Vadapalani has received conditional clearance but cannot open until remaining construction works, including deck slab installations on a double-decker viaduct, are completed. The two projects are expected to strengthen multimodal connectivity in the city by linking suburban rail, MRTS and metro networks once operational.Read more

cover photo

Gujarat to monitor over 1.5 lakh public assets through new digital safety portal

13 Mar 2026

The Gujarat government has launched a statewide system to digitally track and monitor more than 1.5 lakh public assets through an Asset Safety Monitoring Portal. The platform will integrate information on roads, bridges, government buildings and other infrastructure to ensure regular inspection and maintenance. A directive issued by the General Administration Department requires officials to upload inspection reports and photographs through the portal. District collectors and municipal commissioners will conduct periodic reviews, while a dedicated monitoring cell will oversee operations at the state level. The system is expected to help authorities identify structural risks early and ensure timely repairs.Read more

cover photo