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

Patna Metro depot near ISBT nears completion, to support operations and maintenance hub

Patna News Desk

24 Apr 2026

The Patna Metro depot near the New ISBT at Bairiya is approaching completion, marking a key milestone in the city’s urban transport infrastructure rollout. Spread across over 30 hectares, the facility will function as the primary operations and maintenance hub for the metro network. The depot will support train stabling, repair, testing and control functions for the priority corridor linking Patna Junction to ISBT. Its completion aligns with ongoing progress across the metro project, where sections are already operational and further expansion is underway. The development is expected to strengthen system readiness and improve execution timelines for future phases.Read more

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MCD pushes for clearance to expand Tehkhand waste-to-energy plant

24 Apr 2026

The Municipal Corporation of Delhi is working to secure environmental clearance for expanding the Tehkhand waste-to-energy plant to address rising waste generation. The plan aims to increase processing capacity from 2,000 to 3,000 tonnes per day and significantly boost power generation. The proposal is under review by the environment ministry’s expert panel, which has raised concerns around emissions and compliance. The expansion is part of a broader strategy to reduce landfill dependence and improve waste processing, alongside similar capacity enhancement underway at the Okhla facility.Read more

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AMC penalises construction sites for environmental violations

Ahmedabad News Desk

24 Apr 2026

The Ahmedabad Municipal Corporation intensified enforcement against environmental violations by penalising multiple construction sites across the city. Action was taken against projects in areas such as Gota, Bodakdev and Chandlodia for failing to comply with dust control norms, including the absence of green nets and improper material handling. Penalties ranged from INR 25,000 to INR 2 lakh, with some sites also facing additional action for encroachments and road dumping. The move forms part of a broader push to curb construction-related air pollution and enforce compliance under the city’s Good Construction Practices policy. The crackdown highlights increasing regulatory scrutiny amid rising construction activity and air quality concerns in Ahmedabad.Read more

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Nipha launches OneHorn brand to expand agri machinery business globally

24 Apr 2026

Nipha Group has introduced its new agricultural machinery brand OneHorn as part of a broader strategy to scale operations across domestic and international markets. The Kolkata-based company aims to expand into 20 Indian states and 10 countries, including the US and select European markets, by the end of FY27. The move reflects a push towards mechanisation in India’s agriculture sector, particularly in regions with fragmented landholdings. Backed by investments of around INR 60 crore in the segment, the company is targeting rapid growth, with agri equipment revenues expected to rise from INR 60 crore to INR 100 crore in the near term. The initiative also focuses on building a strong distribution network, with a planned base of 20,000 channel partners.Read more

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MIAL fines AIASL INR 10 lakh after Gulf Air aircraft damage at Mumbai airport

23 Apr 2026

Mumbai International Airport Limited has imposed a penalty of INR 10 lakh on AI Airport Services Limited after a ground handling incident led to damage of a Gulf Air aircraft at Mumbai airport. The incident occurred earlier this month when a detached dolly struck a parked aircraft, resulting in it being declared Aircraft on Ground (AOG). The airport operator cited reputational damage, revenue loss and operational disruption as key impacts. MIAL has also indicated it may seek additional compensation for losses arising from the incident, which affected airport operations and capacity utilisation.Read more

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Nippon Express to acquire Metro Supply Chain for CAD 1.8 billion in largest deal

23 Apr 2026

Nippon Express Holdings has signed an agreement to acquire Canada-based Metro Supply Chain Group in a deal valued at CAD 1.8 billion, marking the largest acquisition in the company’s history. The transaction includes a potential earnout of up to CAD 400 million, subject to performance targets. Metro operates across Canada, the United States and the United Kingdom, offering third-party logistics services across multiple sectors. The acquisition is aimed at strengthening Nippon Express’ presence in North America and expanding its end-to-end logistics capabilities. The deal aligns with the company’s long-term strategy to scale its global operations under its “Dynamic Growth 2.0” management plan.Read more

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FBG Holdings unit secures INR-equivalent MYR 40.2 million contract for MIROS facility project

23 Apr 2026

FBG Holdings Bhd announced that its subsidiary has accepted a letter of award from MTD Construction for a specialist contractor role in the MIROS crash test facilities laboratory equipment project. The contract, valued at MYR 40.2 million, marks a significant addition to the company’s order book. The project involves supplying and managing specialised laboratory systems for crash testing infrastructure. This development reflects steady demand in infrastructure-linked technical projects and follows similar contract wins by regional construction-linked firms in recent quarters.Read more

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Welspun Enterprises leases 4.5 lakh sq ft office space in Hinjewadi, Pune in five-year deal

Pune News Desk

23 Apr 2026

Welspun Enterprises has leased over 4.5 lakh sq ft of office space in Hinjewadi, Pune, marking one of the largest commercial leasing transactions in the city in recent months. The space, located in a Grade A IT park, has been taken on a five-year lease with a total rental commitment exceeding INR 82 crore. The deal reflects sustained occupier demand in Pune’s western IT corridor, driven by expansion plans of domestic firms and continued traction from Global Capability Centres. Hinjewadi remains a key micro-market for large-format office transactions.Read more

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Pune Metro makes NOC mandatory for construction near tunnels for safety compliance

23 Apr 2026

Maha Metro has made it mandatory to obtain a No Objection Certificate before starting any construction, excavation, or utility-related work within 20 metres of Pune Metro tunnels and viaducts. The decision has been taken after recent incidents of unauthorised digging that led to structural damage near metro infrastructure. The rule applies to builders, developers, housing societies, and government agencies. Activities such as borewell drilling, foundation work, and laying of utility lines are included. Authorities have warned of strict legal action and recovery of damages for violations.Read more

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Allahabad High Court pauses demolition of 48 properties in Auraiya, seeks state reply

23 Apr 2026

The Allahabad High Court has stopped the proposed demolition of 48 residential and commercial properties in the Dibiyapur area of Auraiya district and ordered maintenance of status quo. The court has asked the state government to file its response within a week after petitioners challenged the demolition action linked to a government order. The matter was brought before the court on an urgent basis as demolition was expected to begin on April 16. The next hearing is scheduled for April 29, when further directions will be considered.Read more

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Air India to retrofit 8 Boeing 787-8 aircraft in 2026

23 Apr 2026

Air India plans to complete retrofitting of eight legacy Boeing 787-8 aircraft within the current year as part of its fleet modernisation programme. The airline has already inducted its first upgraded aircraft, featuring a three-class configuration with business, premium economy and economy seating. The retrofit programme covers 26 legacy Boeing 787-8 planes, forming a key part of Air India’s long-haul operations. The airline expects to complete 85 per cent of the upgrades by 2027, with full completion targeted by early 2028. The initiative is part of the Tata Group-owned carrier’s broader transformation strategy to improve customer experience and operational efficiency.Read more

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Adani Enterprises forms 3 airport city units for real estate, hotel projects

23 Apr 2026

Adani Enterprises Limited has incorporated three wholly owned subsidiaries through its step-down unit Adani Airport City Limited to drive real estate and hospitality development across key airport locations. The new entities—Adani Navi Mumbai Airport City, Adani Guwahati Airport City and Adani Ahmedabad Airport City—will undertake construction and operate hotels with integrated facilities such as restaurants, banquets and business centres. Each entity has been set up with a paid-up capital of INR 10 lakh. The move aligns with the group’s broader airport city expansion strategy and its planned USD 15 billion investment to scale airport infrastructure and associated developments.Read more

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Haryana explores Glydways pod taxi system to ease urban congestion

23 Apr 2026

Haryana is evaluating the introduction of the Glydways pod taxi system to improve urban transport in high-density cities. The proposal was discussed with Suzuki Motor Corporation and Glydways, focusing on feasibility, route planning, and funding through a PPP model. Gurugram has been identified as a likely starting point due to rising congestion. The system uses small, driverless pods on dedicated tracks and is expected to reduce travel time and emissions. The plan also aligns with the central government's Urban Challenge Fund aimed at supporting innovative mobility solutions.Read more

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Centre explores mobilising insurance and pension funds for infrastructure financing, sets up panel to boost long-term capital

23 Apr 2026

The central government is working to increase infrastructure funding from domestic long-term capital sources such as insurance companies and pension funds, aiming to reduce reliance on traditional financing channels. A dedicated panel has been constituted to examine mechanisms to deploy such “patient capital” more effectively in large-scale infrastructure projects. The move comes amid rising capital expenditure requirements and growing maturity obligations across sectors such as transport, urban infrastructure and energy. By tapping institutional investors with long-term liabilities, the government aims to improve funding stability, deepen capital markets, and support sustained infrastructure development across the country.Read more

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Supreme Court says road safety is part of right to life, issues highway safety directions

23 Apr 2026

The Supreme Court has ruled that safe road travel is a part of the right to life under Article 21, stressing that authorities must ensure safer highways and expressways. While hearing a suo motu case linked to serious road accidents, the Court issued nationwide directions aimed at reducing preventable deaths. It highlighted that highways carry a high share of fatalities despite forming a small part of the road network. The Court also ordered stricter enforcement against illegal parking, encroachments, and poor monitoring systems across states.Read more

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Pune corporators push for metro expansion to Pirangut, Dehu Road and Alandi Road

Pune News Desk

23 Apr 2026

Pune's metro expansion plans have received fresh proposals from corporators seeking better connectivity across emerging residential and industrial areas. Suggestions include extending the Vanaz Chandni Chowk line to Pirangut, developing a new Katraj Dehu Road corridor, and expanding the Yerawada route towards Vishrantwadi, Alandi Road and Lohegaon airport. These proposals were placed before the civic committee for review. The move builds on ongoing and previously approved metro expansions, reflecting growing demand for improved public transport in fast-developing peripheral areas of the city.Read more

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Three underpasses at Mukarba Chowk near completion to ease key traffic congestion

22 Apr 2026

The construction of three underpasses at Mukarba Chowk in north Delhi is nearing completion and is expected to open soon, aiming to ease congestion at one of the city's busiest intersections. The project includes two vehicular underpasses and one for pedestrians and non-motorised users, improving connectivity between Rohini, Badli, Azadpur and Jahangirpuri. Designed to handle around 15,800 vehicles daily, the project is expected to reduce travel time by up to 10 minutes. It will also help lower fuel consumption and emissions while improving pedestrian safety and traffic flow on the Outer Ring Road.Read more

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IndiGo backs Sarla Aviation with equity investment to enter air taxi space

22 Apr 2026

IndiGo has taken a minority stake in Bengaluru-based Sarla Aviation as it looks to enter the electric air taxi segment. The investment of around INR 10 crore was made through its venture arm and marks a renewed push into urban air mobility after an earlier global partnership did not progress. Sarla Aviation is developing a six-seater eVTOL aircraft and plans to launch services in Bengaluru by 2028. The company has already raised over USD 13 million and is also planning a large manufacturing facility in Andhra Pradesh.Read more

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Bina Puri unit secures INR 156.4 million road construction contract in Sarawak

22 Apr 2026

Bina Puri Holdings Bhd has announced that one of its subsidiaries has accepted a road construction contract valued at INR 156.4 million in Sarawak, Malaysia. The project is located in the Simunjan area within the Samarahan division and adds to the company’s ongoing infrastructure portfolio. The group has been actively securing civil engineering and construction projects in recent years to strengthen its order book. This latest contract is expected to contribute positively to its earnings visibility and reflects continued activity in regional infrastructure development.Read more

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Atal Setu–Mumbai–Pune link sees steady progress with key structural work nearing completion

22 Apr 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has made steady progress on the 7.35 km Atal Setu–Mumbai–Pune Expressway connector, completing a significant portion of its foundation and structural work. The project is designed to provide direct, signal-free connectivity between Mumbai and Pune while improving access to Navi Mumbai and the upcoming Navi Mumbai International Airport. Once operational, the corridor is expected to reduce travel time, improve logistics movement, and support regional growth under the Mumbai 3.0 vision, while also easing congestion in the island city through better infrastructure distribution.Read more

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