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

Inox wind secures 51 MW order from first energy for wind turbines in Tamil Nadu

28 Jul 2025

Inox Wind recently announced it has received a 51 megawatt (MW) order from First Energy Pvt Ltd, a Thermax Group company. This marks the first time First Energy has ordered Inox Wind's 3 MW class wind turbines. The project in Tamil Nadu will also include limited engineering, procurement, and construction (EPC) services, along with multi-year operations and maintenance (O&M) services. This partnership aims to help First Energy expand its renewable energy offerings and supports India's goals for energy transition, further solidifying Inox Wind's role in the country's wind power sector.Read more

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SC clears Adani's jetty project in Raigad, allows removal of 158 mangroves with safeguards

27 Jul 2025

The Supreme Court has upheld an earlier order by the Bombay High Court allowing Adani Cementation Ltd to cut 158 mangrove trees in Maharashtra's Raigad district to develop a captive jetty along the Amba River. The project involves a 620-metre-long jetty with mechanised conveyor systems aimed at transporting cement, clinker, and raw materials through waterways instead of roads. This move is intended to reduce heavy vehicular traffic and carbon emissions. Despite opposition from an environmental NGO, the court has mandated compensatory afforestation and strict adherence to environmental safeguards as a condition for proceeding with the construction.Read more

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TVS electronics unveils 'TVSE Aikya' platform to modernize IT infrastructure services

27 Jul 2025

TVS Electronics has launched 'TVSE Aikya,' a new AI-OPS platform designed to help enterprises modernize, secure, and scale their IT infrastructure through comprehensive Infrastructure Managed Services (IMS). This platform offers a range of solutions, including hybrid cloud management, network services, and cybersecurity. Built with a focus on reliability and cost-efficiency, 'TVSE Aikya' utilizes open-source tools to reduce licensing costs. The initiative marks TVS Electronics' commitment to expanding its customer base across various industries and underscores its role in the evolving landscape of digital IT management, aiming to double revenue in this segment.Read more

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India's Godavari Initiative gets global spotlight for community-led river restoration

27 Jul 2025

India's Godavari Initiative (TGI) was showcased at the AWS Global Water Stewardship Forum 2025 in Edinburgh for its unique, community-driven river restoration model. Highlighted by Diageo's David Onyango, TGI focuses on the Godavari Basin through three pillars: Gyan (knowledge), Karm (on-ground action), and Jan (community engagement). The initiative supports afforestation, wetland rejuvenation, and groundwater recharge, while partnering with authorities for projects like sustainable planning for the Simhastha Kumbh 2027 in Nashik. TGI also launched the WaterWise Platform to promote water stewardship among MSMEs. The forum called on global stakeholders to move beyond short-term efforts and commit to long-term partnerships for lasting water impact.Read more

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SC stays HC order, MMRDA to deposit only INR 584.5 crore in Mumbai Metro award dispute

26 Jul 2025

The Supreme Court has issued an interim order modifying a Bombay High Court directive that required the Mumbai Metropolitan Region Development Authority (MMRDA) to deposit the full INR 1,169 crore arbitral award in favor of Mumbai Metro One Private Limited (MMOPL), a joint venture involving Anil Ambani's Reliance Infrastructure. The apex court now mandates MMRDA to deposit 50 percent of the awarded amount, approximately INR 584.5 crore, for the stay on the High Court's full deposit order to remain active.Read more

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BMC seeks private partners to modernize and develop Deonar Abattoir

26 Jul 2025

The Brihanmumbai Municipal Corporation (BMC) is actively seeking private partners to modernize and develop the Deonar abattoir, one of India's largest slaughterhouse facilities, through a Public-Private Partnership (PPP) model. This initiative follows the cancellation of a previous tender due to poor response. With Grant Thornton Bharat appointed as a consultant, the project aims to transform the existing setup into a hygienic, environmentally sustainable facility with advanced humane slaughter methods. The selected PPP partner will manage capital expenditure and share revenue with the BMC, providing slaughtering services at fixed rates and incorporating a bio-methanisation plant for green energy.Read more

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Himachal Pradesh government to invest INR 207.50 crore to boost diagnostic facilities

26 Jul 2025

The Himachal Pradesh government is set to infuse INR 207.50 crore into strengthening diagnostic services across the state, part of a larger INR 606.70 crore initiative to revitalize its public healthcare system. This investment aims to replace outdated, often 15-20-year-old, diagnostic equipment with advanced technology in medical colleges and hospitals. Driven by Chief Minister Shri Sukhvinder Singh Sukhu's 'Vyavastha Parivartan' initiative, the plan seeks to provide faster, more accurate diagnoses, reduce out-of-state treatment needs, and enhance healthcare quality and accessibility throughout Himachal Pradesh.Read more

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SAIL supplies 31,000+ tonnes of steel for key Zojila Tunnel project in the Himalayas

26 Jul 2025

State-owned Steel Authority of India Ltd (SAIL) has announced its significant contribution of over 31,000 tonnes of steel to the under-construction Zojila Tunnel, a vital infrastructure project on the Srinagar-Kargil-Leh National Highway. This ambitious tunnel, considered India's longest road tunnel and Asia's longest bi-directional tunnel, is pivotal for ensuring all-weather connectivity and enhancing both civilian and military mobility in the strategically crucial Himalayan region. SAIL's continuous supply, including TMT Re-bars, structurals, and plates, underscores its unwavering commitment to national development projects as the tunnel progresses towards its expected completion by 2027.Read more

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Leadership Change at GIFT City: Sanjay Kaul Takes Over as MD & Group CEO

26 Jul 2025

Senior IAS officer Sanjay Kaul has assumed charge as the Managing Director and Group CEO of Gujarat International Finance Tec-City (GIFT City), India's first operational smart city and International Financial Services Centre (IFSC). Kaul, a 2001-batch officer, succeeded Tapan Ray, who had been leading the institution since 2019. Kaul brings over 20 years of experience across public policy, infrastructure, and finance. His academic background includes degrees in electronics engineering and public policy from prestigious Indian and US institutions.Read more

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Former economic affairs secretary Ajay Seth named new IRDAI chairman

25 Jul 2025

Ajay Seth, the former Finance and Economic Affairs Secretary, has been appointed as the new chairman of the Insurance Regulatory and Development Authority of India (IRDAI) for a term of three years. His appointment fills the vacancy left after Debasish Panda's term ended about four months ago. Seth, a 1987-batch IAS officer from the Karnataka cadre, recently retired in June after serving four years in the Finance Ministry. The decision was made following due procedure by the Financial Sector Regulatory Appointments Search Committee and received final clearance from the Appointments Committee of the Cabinet.Read more

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India builds 10,660 km of highways in FY25, down from previous year

25 Jul 2025

The pace of National Highways construction in India slowed to 29 kilometers per day during the last fiscal year, Parliament was recently informed. This marks a decrease from the previous year's rate of 34 kilometers per day. Despite the slowdown, the Union Road Transport and Highways Minister Nitin Gadkari highlighted significant ongoing progress under initiatives like Bharatmala Pariyojana and PM GatiShakti. The government continues to focus on developing greenfield high-speed corridors and expressways to enhance logistics efficiency and aims to operationalize remaining sections in the coming years.Read more

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Delhi unveils redevelopment plan for Old Delhi markets with trader-backed welfare board

25 Jul 2025

Delhi Chief Minister Smt Rekha Gupta announced that her government is drafting a redevelopment plan for the historic markets of Old Delhi, with a focus on preserving their commercial identity and supporting trade growth. During a meeting with representatives from Bhartiya Udyog Mandal, she emphasised that there are no plans to relocate markets, and the administration is working on initiatives to modernise infrastructure while maintaining proximity for small businesses. A 15-member Delhi Traders Welfare Board, largely composed of traders, has been established to address industry concerns, offer social security, and streamline business operations.Read more

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Encroachments removed in Chandigarh to make way for housing, industry, and green zones

25 Jul 2025

Chandigarh's administration has recently reclaimed nearly 50 acres of government land previously occupied by slums, informal colonies, and markets. These clearances, which displaced thousands, aim to unlock the stalled third phase of the city's master-plan. Concurrently, a purpose-built bulk market and infrastructure upgrades highlight efforts to modernize urban governance. These initiatives build on Chandigarh's legacy as a planned city and reflect its ambition to emerge as a model smart, green, and knowledge-driven hub under the broader vision for national development.Read more

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Amar Nagar PAPs to get 300 sq ft homes in Bhandup as BMC advances GMLR tunnel plan

25 Jul 2025

The Brihanmumbai Municipal Corporation (BMC) is set to demolish 625 homes in the Amar Nagar slum in Mulund to make way for the Goregaon-Mulund Link Road (GMLR) tunnel, a key east-west connectivity project. Affected residents will be relocated to six new rehabilitation towers in Bhandup West, with 906 flats under construction at Runwal Forest. Each resettled family will receive a 300 sq ft apartment. So far, 350 residents have been confirmed eligible for relocation, with assessments ongoing. The GMLR includes a 4.7 km tunnel from Goregaon's Film City to Mulund, designed to ease traffic congestion across Mumbai. Relocation is expected by December 2025.Read more

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Mysuru seeks Grade 1 city status to boost funding and accelerate urban development

25 Jul 2025

The Mysuru City Corporation (MCC) has proposed an upgrade to a Grade 1 city corporation, a strategic move to unlock greater development opportunities and secure more central and state government grants. This proposal follows the abandonment of a "Greater Mysuru" plan due to insufficient population. The upgrade, which involves merging surrounding municipal councils and town panchayats, aims to boost tourism, trade, and job creation in Mysuru. This would position the city similarly to Hubballi-Dharwad, Karnataka's second-largest corporation, reflecting a push for accelerated urban growth and improved infrastructure in the region.Read more

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Prayagraj mandates regular structural safety audits for high-rise buildings

25 Jul 2025

Prayagraj has recently enforced new regulations making structural safety audits mandatory for all high-rise buildings exceeding 15 meters in height. Prompted by growing safety concerns and previous fire incidents, these structures will now require an initial audit ten years post-construction, followed by reviews every five years. Building owners, developers, or Resident Welfare Associations are responsible for promptly addressing any identified risks. Reconciliation may lead to authorities undertaking necessary repairs at the owners' expense, ensuring enhanced safety standards across the city.Read more

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Supreme Court tells Delhi Police to arrest violators in Chandni Chowk illegal builds

24 Jul 2025

The Supreme Court has issued strict orders to curb unauthorized construction in Chandni Chowk in Delhi, directing police to arrest violators and enforce demolition orders where no legal stay exists. Patrolling teams must now actively prevent illegal building work, while residential properties are barred from commercial conversion. The court warned against collusion between builders and municipal officials, citing a case where an elderly woman's home was affected by illegal construction. The Delhi Police commissioner and local DCP must submit a compliance report. Petitioners may also submit videos or photos of violations, enhancing oversight. These directives reinforce an earlier court order issued in May.Read more

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CAG flags poor oversight of dangerous buildings by Mumbai civic authorities

24 Jul 2025

A CAG audit has uncovered serious lapses in Mumbai's building safety oversight, highlighting that only one of eight city divisions submitted a list of dilapidated structures. Even that list-from Kalachowki-was flawed, with 76 of 248 buildings already redeveloped or demolished. The report criticizes the Brihanmumbai Municipal Corporation (BMC) and MHADA's Mumbai Building Repairs and Reconstruction Board (MBR&RB) for failing to identify dangerous cessed buildings and relying on superficial inspections over structural audits. The MHADA Act mandates rigorous monitoring of these aging structures. In response, the government has directed MHADA engineers to obtain accurate building data from local ward offices to improve safety oversight.Read more

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UP begins building dedicated offices for property registrations in 380 locations

24 Jul 2025

The Uttar Pradesh government has launched a statewide upgrade of stamp and registration offices, aiming to equip all 380 sub-registrar locations with purpose-built facilities. Inaugurations and foundation-laying ceremonies took place across several districts, including Baghpat, Azamgarh, and Amethi. The new offices will follow a standard design and include Wi-Fi, solar panels, rainwater harvesting, and barrier-free access. This overhaul replaces cramped, rented premises with modern, citizen-friendly spaces for handling property documents and title transfers. Third-party audits are mandated to ensure timely, quality construction. With an initial investment of INR 18.56 crore for eight offices, the initiative promises more professional and accessible land-related services across the state.Read more

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Ahmedabad Infrastructure: AMC installs air monitors citywide, but enforcement trails

24 Jul 2025

Ahmedabad Municipal Corporation (AMC) has installed real-time air-quality sensors at over 100 major construction sites to monitor dust pollution, specifically PM10 levels. Although these sensors frequently trigger alerts when pollution thresholds are breached, no penalties have been issued, as enforcement lies with the zonal estate department, which has yet to act. The Centre had supported AMC under the National Clean Air Programme after the city achieved a 40% drop in PM10 levels through greening, EV infrastructure, smart parking, and cleaner crematoriums. AMC also partnered with the Centre for Environment Education on awareness drives. Still, construction-related pollution remains poorly regulated despite the progress.Read more

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