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

Kherki Daula toll relocation faces hurdle as Pachgaon villagers reject NHAI plan

08 Feb 2026

Plans to relocate the Kherki Daula toll plaza have stalled after residents of Pachgaon opposed the National Highways Authority of India's proposal, demanding a flyover at the junction before any shift. The authority had suggested an elevated U-turn as part of the relocation plan, but villagers said it would not address safety and traffic concerns. Earlier attempts to move the toll to Kukrola near Sehrawan were also dropped due to security objections, leaving the long-pending relocation unresolved.Read more

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NHAI moves ahead with second phase of Prayagraj Inner Ring Road to enhance connectivity

08 Feb 2026

The National Highways Authority of India (NHAI) is advancing the second phase of the four-lane Prayagraj Inner Ring Road, following approval of the preliminary Detailed Project Report (DPR) by the Ministry of Road Transport and Highways. Covering 41.662 km from Madhopur near NH19 in Soraon tehsil to Amiliya in Karchana tehsil, the project will pass through 41 villages. Key elements include a 3.5 km bridge over the Ganga, a 1.2 km bridge over the Yamuna, four flyovers, three railway overbridges, and 120 small culverts. Land acquisition is expected to start soon.Read more

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Delhi High Court orders detailed survey of buildings near heritage sites

08 Feb 2026

The Delhi High Court has directed the Municipal Corporation of Delhi (MCD) to carry out a detailed survey of all buildings around notified heritage sites to ensure compliance with sanctioned plans and construction norms. Petitioners had highlighted unauthorized deviations and potential damage to historic structures in areas like Mehrauli and Hauz Khas. The survey, to be completed within three months, will include a representative from the Heritage Conservation Committee and generate separate reports for each property. Petitioners will have the opportunity to respond to the findings before the next hearing scheduled in May.Read more

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Cochin Shipyard converts two green tugs into firm contracts with Polestar Maritime

Kochi News Desk

08 Feb 2026

Cochin Shipyard Limited has formalised contracts for two battery-electric green harbour tugs with Polestar Maritime after the tug operator secured a long-term charter from Jawaharlal Nehru Port Authority under the Green Tug Transition Programme. The vessels, which were earlier under construction without confirmed buyers, will now be built jointly by Cochin Shipyard and its subsidiary Udupi-CSL at Kochi. Designed for zero direct emissions during harbour operations, the tugs will support India's push toward cleaner port infrastructure.Read more

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Ashok Leyland partners Indonesia’s PT Pindad to jointly develop electric buses and defence vehicles

08 Feb 2026

Hinduja Group flagship Ashok Leyland has entered into a strategic partnership with Indonesia's state-owned defence and industrial equipment manufacturer PT Pindad to jointly develop and manufacture electric buses and defence vehicles. The memorandum of understanding focuses on products tailored to Indonesia's mobility requirements and national security needs. Under the agreement, Ashok Leyland will contribute its global experience in commercial electric vehicle platforms and defence mobility solutions, while Pindad will bring its engineering expertise, local manufacturing capabilities and strong presence within Indonesia's defence ecosystem. The collaboration aims to address the country's terrain-specific and operational requirements while supporting local manufacturing. The company indicated that the partnership aligns with its international expansion strategy in both electric mobility and defence segments, particularly across emerging markets in Southeast Asia.Read more

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VOC Port cargo handling rises 6% in FY26, sets record in January

07 Feb 2026

V.O. Chidambaranar Port Authority (VOC Port) in Tuticorin has reported a 6 per cent year-to-date increase in overall cargo handling for the current financial year, driven by robust growth in container, liquid and dry bulk segments. The port handled a record volume in January, with total cargo throughput and container traffic both posting all-time highs. Container handling in particular set new monthly records, supported by strong export and import shipments, improved terminal productivity and enhanced rail and road connectivity. The rise in liquid bulk handling was attributed to increased movement of petroleum and chemical products. Port officials said the performance underscores VOC Port's growing significance as a major gateway on India's southern east coast, supported by infrastructure upgrades and strategic hinterland linkages.Read more

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Della Townships unveils Design Districts to create integrated hubs for design, culture and lifestyle across India

07 Feb 2026

Della Townships has announced the launch of Della Design Districts, a new concept positioned as a curated cultural and creative core within its luxury integrated townships. Drawing inspiration from global design districts in cities such as Milan, London and New York, the initiative aims to address the absence of a single, immersive destination for design, lifestyle, retail and gastronomy in India. Each Design District will span around 1 lakh to 1.5 lakh sq ft and bring together luxury design retail, dining, public spaces and wellness-led planning. Integrated within theme-based townships, the districts are intended to function as active social and commercial centres. Della plans to roll out the concept across multiple cities, with several townships already pre-launched and initial developments scheduled for completion around Q1 2027.Read more

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E to E Transportation Infra secures INR 20.6 crore Southern Railway signalling contract

07 Feb 2026

E To E Transportation Infrastructure Ltd has secured an INR 20.6 crore contract from Southern Railway's Thiruvananthapuram division for signalling and telecommunication works at Kumbalam station, linked to the Ernakulam Kumbalam and Kumbalam Turavur doubling projects. The contract, awarded through competitive bidding, requires a 5% performance guarantee and is to be executed within a year. Work includes indoor and outdoor signalling, asset relocation, and capacity augmentation on both sections. This follows a similar recent contract with South Central Railway, marking the company's growing footprint in railway infrastructure projects.Read more

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Mumbai-Pune high speed rail corridor set to cut travel time to 48 minutes

07 Feb 2026

The Indian government has approved a high speed rail corridor between Mumbai and Pune, expected to reduce the current three hour journey to just 48 minutes. This route is part of seven new bullet train corridors under Phase 2 of India's high speed rail programme, covering about 4,000 km with an estimated investment of INR 16 lakh crore. Officials highlighted challenges in the Western Ghats due to steep terrain. Updates on the ongoing Mumbai-Ahmedabad bullet train show phased construction, tunnel breakthroughs, and plans for Shinkansen train sets from Japan, signalling faster, efficient connectivity for the region.Read more

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Navi Mumbai civic body carries out demolition drive against unauthorised constructions in Belapur

Navi Mumbai News Desk

07 Feb 2026

The Navi Mumbai Municipal Corporation (NMMC) has undertaken a demolition drive against unauthorised constructions in the Belapur division, following directions from Municipal Commissioner Dr Kailas Shinde. Acting under the supervision of Additional Commissioner (2) Dr Rahul Gethe and Deputy Commissioner (Encroachment) Dr Kailas Gaikwad, the encroachment department carried out removal action on multiple illegal structures after the concerned parties failed to comply with notices issued under provisions of the Maharashtra Regional and Town Planning (MRTP) Act. The drive covered residential and temporary structures across Belapur village, CBD Belapur and adjoining areas. Civic officials stated that similar enforcement action would continue in the coming period to curb unauthorised development and protect planned urban growth within Navi Mumbai.Read more

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Union Budget allocation strengthens Pune Metro expansion plans

Pune News Desk

07 Feb 2026

The Union Budget for 2026-27 has allocated INR 517 crore for the Pune Metro project to support ongoing construction and planned network expansion. The funding is aimed at completing pending Phase I works and moving preparatory activities for Phase II corridors. Key focus areas include the Pimpri Nigdi elevated stretch and the Swargate Katraj underground section. With daily ridership remaining above two lakh passengers, the allocation reflects sustained demand for metro services across Pune and Pimpri-Chinchwad.Read more

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HMWSSB to prepare mini sewerage master plan for Nanakramguda Financial District

07 Feb 2026

The Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) has initiated the preparation of a mini sewerage master plan for Nanakramguda and the Financial District to address rising sewage loads from rapid commercial and residential development. The plan will assess existing sewer lines, stormwater drains and treatment capacity, while aligning future infrastructure with the Hyderabad 2047 Master Plan. Officials have been directed to ensure separation of sewage and stormwater systems and propose network upgrades and trunk mains to prevent pollution of the Musi river and nearby water bodies.Read more

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Delhi clears illegal structures near Anand Vihar bus terminal in focused drive

Delhi News Desk

07 Feb 2026

The Municipal Corporation of Delhi (MCD) conducted an extensive anti-encroachment drive outside Anand Vihar Bus Terminal after the Delhi High Court lifted a long-standing stay. The operation cleared temporary shops, rehri-patris and other unauthorised roadside structures that had caused congestion, commuter difficulties and high pollution in the area. Officials deployed bulldozers, trucks and over 40 staff during a seven-hour exercise. The civic body had issued prior notices to vendors to vacate voluntarily. Post-drive, the area around the terminal, foot overbridge and nearby railway station was completely free of illegal encroachments.Read more

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Indore set to expand electric bus fleet with 150 new vehicles under PM scheme

Indore News Desk

07 Feb 2026

Indore is preparing to add 150 electric buses to its public transport network under the central government's PM E-Bus Scheme, which plans a total of 582 buses across several cities. The buses will provide air conditioned, zero-emission travel, connecting homes, offices, schools, and markets. Central support includes 60% of depot costs and full funding for charging infrastructure, linked with AMRUT 2.0. Phase 2 will extend services to Rewa and Dewas, aiming to green 20% of urban fleets by 2028. This move complements ongoing efforts to reduce emissions and improve commuter experience.Read more

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Chhatrapati Shivaji Maharaj Terminus platforms 16 and 17 closed for 85-day redevelopment block

07 Feb 2026

Chhatrapati Shivaji Maharaj Terminus in Mumbai has taken platforms 16 and 17 out of service for 85 days to allow redevelopment work as part of its larger station overhaul. Central Railway has imposed traffic and power blocks from early February until late April to enable foundational strengthening and allied infrastructure improvements under the Rail Land Development Authority (RLDA). During this period, several long-distance trains are being short-terminated at Dadar or Thane. The redevelopment project, approved in late 2022 and being implemented by Ahluwalia Contracts Limited at a cost of INR 2,450 crore, includes new passenger facilities, parcel buildings, footbridges and skywalks.Read more

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Navi Mumbai civic body seals seven construction sites in Sanpada over air pollution violations following HC directive

07 Feb 2026

The Navi Mumbai Municipal Corporation (NMMC) has sealed seven construction sites in Sanpada for failing to implement mandatory air and noise pollution control measures, following directions issued by the Bombay High Court in a suo motu public interest litigation related to rising air pollution. The action was taken after inspections revealed multiple violations of the prescribed Standard Operating Procedures, including inadequate site barricading, lack of dust suppression, absence of protective gear for workers and failure to control dust on adjoining roads. Civic officials stated that despite prior notices warning of stop-work action, developers had not complied with pollution control norms. The sealed sites belong to various developers operating in sectors across Sanpada. The municipal corporation indicated that enforcement will be intensified across all zones in the coming period to curb construction-related pollution.Read more

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A B Infrabuild wins INR 48.58 crore road overbridge contract in Odisha

07 Feb 2026

A B Infrabuild Limited has secured an INR 48.58 crore contract from East Coast Railways for the construction of a road overbridge in Odisha's Khurda Road railway division. The project involves replacing an existing level crossing between IPM and JPI stations on the KUR-PSA main line. The scope includes multiple composite and T-beam girders, along with approach roads, retaining walls, and drainage works. The contract has a completion timeline of 24 months and adds to the company's ongoing railway infrastructure portfolio.Read more

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Dubai prepares for commercial flying taxis with public preview near Dubai Mall

07 Feb 2026

Dubai is moving closer to introducing commercial flying taxi services in early 2026, aiming to transform urban transport and reduce road congestion. Residents recently experienced a close-up preview of the Joby S4 electric air taxi near Dubai Mall, exploring its cockpit and passenger cabin. The service will connect four main vertiports Dubai International Airport, Downtown Dubai, Dubai Marina, and Palm Jumeirah and is designed to complement existing transport like the metro and buses. Officials said initial fares would be premium, with plans to lower costs over time.Read more

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One more steel bridge completed for Mumbai-Ahmedabad bullet train

07 Feb 2026

Construction on the Mumbai-Ahmedabad bullet train corridor has reached another milestone with the completion of a 100 metre steel bridge on the Kalupur-Shahpur stretch in Ahmedabad. This is the 13th of 17 planned steel bridges in Gujarat and was specially designed to pass over an existing metro tunnel without transferring any load to it. The 1,098 tonne bridge was assembled on temporary supports before being lowered onto permanent foundations. The project continues steady progress, with viaducts, tunnels, stations, and major structures steadily taking shape across the 508 km corridor.Read more

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Mohali district administration demolishes illegal structures in Sukhna Lake catchment to enforce HC orders

07 Feb 2026

The Mohali district administration has carried out a major anti-encroachment drive against illegal and unauthorised structures in the Kansal catchment area of Sukhna Lake in compliance with directions from the Punjab and Haryana High Court. The operation, conducted in the Naya Gaon area and surrounding localities such as Patiala Ki Rao and Shivalik Vihar, targeted buildings that violated court orders, environmental norms and land-use regulations in ecologically sensitive and floodplain zones. Enforcement teams, operating under the supervision of a designated nodal officer and supported by municipal and police personnel, dismantled multiple structures that were found to obstruct natural drainage and pose environmental risks. Officials reaffirmed a zero-tolerance approach to unauthorised construction in the protected catchment and warned of strict action against future violations. Residents were advised to follow sanctioned building plans and regulatory requirements.Read more

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