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

CIDCO appoints RITES-Creative JV to study third runway at Navi Mumbai International Airport

20 Apr 2026

The City and Industrial Development Corporation (CIDCO) has appointed a joint venture of RITES Limited and Creative Group LLP to undertake a techno-commercial feasibility study for a proposed third runway at Navi Mumbai International Airport (NMIA). The study, expected to be completed within six months, will assess technical, operational, environmental and financial viability. NMIA, part of the Mumbai Metropolitan Region's dual-airport system alongside Chhatrapati Shivaji Maharaj International Airport, is designed to handle 90 million passengers annually upon full development. The move comes amid projections of sustained air traffic growth, prompting advance capacity planning. The proposed runway is expected to support long-term expansion of aviation infrastructure and improve operational efficiency at the greenfield airport.Read more

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HRCUN conducts relief drive in Rohini slum cluster, distributes essential supplies

20 Apr 2026

The Human Rights Commission for the United Nations (HRCUN) conducted a humanitarian outreach drive in a slum cluster in Rohini Sector 3, New Delhi, distributing essential items to underprivileged residents. The initiative included food kits, healthcare supplies, clothing and daily-use materials, aimed at addressing immediate needs in informal settlements. Organised in the past week, the drive saw participation from the organisation's leadership and volunteers, who engaged directly with residents. The activity forms part of HRCUN's broader efforts to support marginalised communities through grassroots interventions, focusing on welfare, dignity and social inclusion. The development reflects ongoing challenges in urban informal housing areas, where access to basic services and resources remains limited.Read more

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CIDCO appoints joint venture to study third runway at Navi Mumbai airport

20 Apr 2026

CIDCO has appointed a joint venture of RITES Ltd and Creative Group LLP to carry out a six-month techno-commercial feasibility study for a proposed third runway at Navi Mumbai International Airport. The study will examine technical, operational, environmental and financial aspects of expansion. The move is part of long-term planning to meet rising air traffic demand in the Mumbai Metropolitan Region, where passenger numbers are expected to grow significantly over the next two decades, putting pressure on existing airport infrastructure.Read more

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CAE Simulation Training opens 44,000 sq ft pilot training facility in Mumbai

20 Apr 2026

CAE Simulation Training Pvt Ltd (CSTPL), a joint venture between InterGlobe Enterprises and Canada-based CAE, has inaugurated a 44,000 sq ft pilot training facility in Mumbai, marking its fourth centre in India. The facility has commenced operations with an Airbus A320 full-flight simulator and is designed to support type rating, recurrent training and proficiency checks. A second A320 simulator is scheduled to be added in the near term, with capacity to scale up to six simulators over time. The centre forms part of CSTPL's broader network, which spans Greater Noida, Gurugram and Bengaluru. The expansion comes amid rising demand for pilot training as India's aviation sector grows, with projections indicating a requirement for around 22,000 new pilots over the next decade.Read more

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Mumbai Metro Line 1 launches cashback feature offering up to INR 20 per transaction

Mumbai News Desk

20 Apr 2026

Mumbai Metro Line 1 has introduced an app-based cashback feature aimed at reducing commuting costs by linking everyday online spending with travel savings. The initiative allows commuters to earn up to INR 20 cashback per transaction on purchases made via major e-commerce platforms. The cashback is credited instantly and can be transferred directly to users bank accounts. Developed in collaboration with multiple technology partners, the feature is positioned as a first-of-its-kind offering in the metro sector. The move is part of a broader push towards digital engagement and commuter-centric services, as urban transport operators increasingly integrate fintech-driven incentives to enhance ridership and user experience.Read more

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Manipur CM reviews Imphal airport terminal work, pushes timely completion

19 Apr 2026

N Biren Singh inspected the ongoing construction of a new integrated terminal at Imphal airport, directing officials to ensure timely completion and adherence to quality standards. The project, being developed by the Airports Authority of India, is expected to significantly enhance passenger handling capacity from 1.39 million to 5 million passengers annually and enable round-the-clock operations. The new terminal will also expand parking capacity from around 100 to over 1,000 vehicles. Officials briefed the state government on construction progress and key infrastructure components. The development forms part of broader efforts to strengthen aviation infrastructure and connectivity in the North-East region.Read more

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Govt links toll charges to excess load; new highway rules from April 15

19 Apr 2026

The Ministry of Road Transport and Highways has notified revised toll rules for overloaded vehicles on national highways, introducing a graded fee structure linked to excess weight. Under the new framework, vehicles carrying up to 10% excess load will not face penalties, while those exceeding limits by 10-40% will be charged twice the base toll and those above 40% will pay four times. The rules, effective from April 15, mandate the use of certified weighment systems and FASTag-based digital payments. Data on violations will be recorded in the VAHAN database. The policy aims to improve compliance with load norms, reduce road damage, and strengthen monitoring of freight movement across the highway network.Read more

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BDA moves ahead with INR 77 crore road link to ease congestion in Bhubaneswar

19 Apr 2026

The Bhubaneswar Development Authority has advanced plans for a new road link between Gadakana and Patia railway station with an estimated cost of INR 77 crore. The project is aimed at easing congestion and improving last-mile connectivity in one of the city's fast-growing corridors. With rising residential development and increasing commuter traffic in the Patia region, the new link is expected to reduce pressure on existing roads. The move forms part of a wider effort to strengthen urban mobility and support Bhubaneswar's ongoing expansion.Read more

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Waste charge confusion delays property tax payments in Bengaluru apartments

Bangalore News Desk

19 Apr 2026

Property tax payments in Bengaluru have slowed as apartment residents face confusion over newly introduced solid waste management (SWM) charges. Bulk waste generators must submit detailed data to claim exemptions, but most housing societies do not track daily waste generation. The lack of clarity on the civic portal, uncertainty over vendor approvals, and fear of penalties for incorrect entries have delayed compliance. Residents have also questioned high charges and unclear responsibility between flat owners and associations, highlighting gaps in implementation and coordination.Read more

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Jumeirah to undertake phased restoration of Burj Al Arab to preserve design, interiors and operational legacy

19 Apr 2026

Jumeirah, part of Dubai Holding, has announced a phased restoration programme for the Burj Al Arab in Dubai, marking the first major conservation effort since the hotel opened in 1999. The restoration, expected to take around 18 months, will be led by French interior architect Tristan Auer and will focus on preserving the property's architectural identity while upgrading its interiors with refined detailing. The project aims to maintain the hotel's operational continuity while enhancing its design elements, which include bespoke finishes, luxury materials, and heritage features. The move reflects ongoing asset management strategies in Dubai's hospitality sector, where landmark properties are being upgraded to retain relevance amid sustained demand for premium hospitality assets and evolving guest expectations.Read more

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Vande Bharat delays on Kerala route continue to inconvenience passengers

19 Apr 2026

Passengers travelling on the Vande Bharat Express between Thiruvananthapuram and Mangaluru have been facing repeated delays, affecting daily travel plans and overall experience. The train has reportedly been running late by over an hour on several occasions, with delays extending up to two hours at some stations. Issues such as single-line track congestion, especially along the Alappuzha section, and inadequate pre-departure maintenance have contributed to the situation. With premium fares attached to the service, passengers have raised concerns over punctuality, cleanliness, and operational efficiency on this key Kerala route.Read more

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Highway contractors seek further relief as West Asia crisis raises costs

19 Apr 2026

Highway contractors in India are seeking additional relief measures from the Ministry of Road Transport and Highways amid rising input costs and execution challenges linked to the ongoing West Asia crisis. The sector, which relies heavily on petroleum-based inputs such as bitumen and diesel, has been impacted by supply disruptions and price volatility. Industry stakeholders have requested measures including cost escalation compensation, timeline extensions, and policy clarity on force majeure provisions. The government is understood to be evaluating a second round of support to maintain project viability across EPC and hybrid annuity model projects. The situation has raised concerns over delays and financial stress in ongoing highway developments across the country.Read more

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Tanakpur Lipulekh road to be completed within a year: Gadkari

19 Apr 2026

The Centre has indicated that the strategic Tanakpur Lipulekh road project in Uttarakhand will be completed within the next year, with Union minister Nitin Gadkari confirming progress on the 370-km corridor. The INR 5,200 crore project, which connects Tanakpur to Lipulekh via Pithoragarh, has seen approximately 200 km already constructed. The remaining stretch faces geographical and logistical challenges but is expected to be completed on an accelerated timeline. The road is expected to improve connectivity to the Lipulekh Pass, which serves as a key route for the Kailash Mansarovar pilgrimage. The development forms part of broader infrastructure upgrades aimed at enhancing border connectivity and reducing reliance on routes through neighbouring countries.Read more

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Integrated townships gain traction in Pune amid rising demand for self-sufficient urban communities

Aakash Agarwal, MD, Krisala Developers

19 Apr 2026

Integrated townships are witnessing increased demand in Pune as homebuyers and investors shift towards self-sufficient, low-density developments offering a mix of residential, commercial, and social infrastructure. Backed by the city's expanding IT sector, educational ecosystem, and industrial corridors, Pune continues to attract professionals and second-home buyers. According to KPMG, the city's real estate market is expected to maintain steady growth, supporting long-term investment potential. These township projects integrate sustainability features such as green spaces, renewable energy systems, and efficient waste management, while also offering lifestyle amenities and improved connectivity. The trend reflects evolving buyer preferences for convenience, environmental quality, and integrated living environments.Read more

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NMPA approves INR 11 crore road project to improve NH-66 connectivity in Mangaluru

19 Apr 2026

The New Mangalore Port Authority has approved an INR 11 crore project to construct a concrete road connecting the Baikampady Industrial Area with National Highway 66. The plan also includes a dedicated truck yard to manage heavy vehicle movement. The project aims to ease congestion, improve cargo flow and strengthen port connectivity in the region. Authorities have also planned traffic diversions during execution. The development is part of ongoing efforts to improve infrastructure along key coastal logistics corridors.Read more

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Air India seeks additional funding after reporting INR 220 billion loss

19 Apr 2026

Air India has reported an annual loss of over INR 220 billion (USD 2.4 billion), higher than expected, driven by operational disruptions, higher costs and external challenges. The airline has approached its shareholders, the Tata Group and Singapore Airlines, for fresh capital support, with discussions ongoing. The funding size is yet to be finalised and may not fully meet requirements. The development comes as the airline continues its turnaround plan, while dealing with leadership transition, safety scrutiny and rising cost pressures impacting its financial performance.Read more

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PMLA tribunal sets aside majority of ED attachments in Yes Bank–DHFL case

19 Apr 2026

The PMLA Appellate Tribunal has provided major relief to developer Avinash Bhosale by setting aside most of the Enforcement Directorate's asset attachments in the Yes Bank DHFL case. While properties worth over INR 163 crore were earlier attached, the tribunal retained only around INR 25 crore linked to specific transactions. It found that several deals examined by the ED were older and not directly connected to the alleged offence. The case relates to Yes Bank's INR 3,700 crore investment in DHFL and the alleged diversion of funds through multiple entities.Read more

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Odisha to upgrade mining roads into 8-lane highways

19 Apr 2026

The Odisha government has announced plans to convert roads leading to mining areas into 8-lane highways as part of a broader infrastructure push in mineral-rich districts. Chief Minister Mohan Charan Majhi made the announcement while laying the foundation stone for the INR 1,581.21 crore Barbil bypass-cum-ring road project in Keonjhar district. The 18.3-km project forms part of a wider programme that includes multiple infrastructure works, power projects, and industrial initiatives. The move is aimed at improving logistics efficiency, supporting mining-linked transportation, and strengthening connectivity between industrial clusters and ports. The plan also includes expediting the Barbil Paradip corridor and enhancing regional infrastructure to support large-scale investments and employment generation.Read more

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DMRC holds escalator safety workshop with 150 participants

18 Apr 2026

The Delhi Metro Rail Corporation (DMRC) organised a workshop on escalator safety, bringing together industry experts, officials and stakeholders to strengthen operational practices and public awareness. The session marked the conclusion of a week-long safety campaign focused on lifts and escalators across the metro network. Around 150 participants attended in person, with international original equipment manufacturers joining virtually. The workshop featured technical presentations and demonstrations, including virtual reality-based rescue training tools. The initiative reflects DMRC's continued focus on passenger safety and system reliability, particularly as metro networks expand and passenger volumes increase across urban transport systems.Read more

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Jeh Aerospace partners with Liebherr to supply aircraft landing gear components

Hyderabad News Desk

18 Apr 2026

Jeh Aerospace has entered into a long-term agreement with Liebherr-Aerospace & Transportation SAS to manufacture high-precision landing gear components for commercial aircraft. Production will take place at its Hyderabad facility, marking its integration into a global aerospace supply chain. The partnership reflects increasing global reliance on Indian manufacturers for critical aviation parts. Jeh Aerospace's track record of delivering over 200,000 flight-critical components without defects supported the deal, which is expected to strengthen India's role in precision aerospace manufacturing and long-term global programmes.Read more

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