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

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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3D architectural animations drive USD 47 million in pre-construction sales for Dubai Marina tower, reducing reliance on physical show homes

18 Apr 2026

A Dubai-based developer recorded pre-construction sales worth USD 47 million for a 42-storey residential tower in Dubai Marina after opting for 3D architectural animations instead of a physical show home. The decision, taken in early 2023, reduced marketing costs significantly and shortened the project's go-to-market timeline. Within roughly three months of launch, 68% of units were sold before construction began, with a majority of buyers located overseas. The digital strategy involved producing multiple animated walkthroughs, covering unit variations, finishes, and surroundings, enabling remote decision-making. Industry comparisons cited in the case indicate faster conversion timelines and higher sales efficiency compared to traditional methods. The shift reflects a broader trend in global real estate markets where developers increasingly rely on digital visualisation tools to engage international buyers and optimise pre-sales.Read more

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AGICL MD reviews progress of Amaravati government housing projects

18 Apr 2026

SVR Srinivas, Managing Director of Amaravati Growth & Infrastructure Corporation Limited, reviewed the progress of key residential projects at the Amaravati Government Complex in the past week. The inspection covered MLA and MLC housing towers as well as Ministers bungalows being developed under the People's Capital initiative. He held discussions with contractors and engineering teams, stressing timely completion and adherence to quality standards. The review focused on strengthening coordination and monitoring mechanisms to ensure efficient execution and delivery as planned.Read more

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Enviro Infra Engineers order book crosses INR 4,600 crore with INR 2,240 crore new wins

18 Apr 2026

Enviro Infra Engineers Limited (EIEL) has strengthened its order book to over INR 4,600 crore following fresh project wins worth more than INR 2,240 crore since March 2026. The contracts span water, wastewater and renewable energy segments, including the company's entry into the battery energy storage system (BESS) space through NTPC projects totalling INR 1,070 crore. The execution pipeline is spread over 15&24 months, providing revenue visibility of approximately INR 2,000 crore for FY2027. With a diversified portfolio and expanding presence across states such as Bihar, Maharashtra and Telangana, the company continues to benefit from government-led infrastructure spending in water and renewable sectors.Read more

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Amaal appoints CITIC Middle East Contracting to deliver AED 1.8 billion MANSORY Residences tower in Dubai's Meydan Horizon

18 Apr 2026

Amaal has appointed CITIC Middle East Contracting LLC as the main contractor for the AED 1.8 billion MANSORY Residences, a 60-storey ultra-luxury residential tower in Dubai's Meydan Horizon masterplan. The project, positioned as the world's first MANSORY-branded residential development, is scheduled for completion by late 2028. Backed by CITIC Construction Co. Ltd, the contractor will undertake full turnkey execution, including structural works, MEP systems, and integration of smart home and automotive-focused features. The development comes amid sustained demand for high-value, design-led residential assets in Dubai, supported by strong investor activity and rising transaction volumes in the emirate's property market. The partnership also reflects broader UAE-China economic ties, with increasing cross-border investment and construction collaboration.Read more

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Jewar airport deploys 6,000+ low-emission furniture units across terminal

18 Apr 2026

Noida International Airport (Jewar Airport) has installed over 6,000 low-emission, recyclable furniture units across its terminal and operational areas, marking one of the first large-scale deployments of such systems in India's airport infrastructure. Executed by AFC Furniture Solutions, the installation spans public seating, workstations and control desks across a 1,00,000 sq m facility. The furniture, designed with a 66% recyclability rate and lower carbon footprint, supports the airport's net-zero target. The project aligns with broader sustainability goals in airport design, where emissions reduction is being extended beyond core infrastructure to interior fit-outs and operational assets.Read more

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Drone mapping lifts rural loan flows by 23% under SVAMITVA scheme

18 Apr 2026

Drone-based land mapping under the SVAMITVA scheme has led to a 23% increase in sanctioned rural loan amounts, according to a working paper by the Economic Advisory Council to the Prime Minister. The initiative converts residential land parcels into verifiable assets, enabling villagers to use them as collateral for formal credit. The scheme, implemented by the government with support from the Survey of India, focuses on digitising rural land records through drone surveys. By providing legal property documentation, the programme has improved access to institutional finance, reduced land disputes, and strengthened rural economic participation. The development highlights the growing role of geospatial technology in formalising land ownership and unlocking credit flows in India's rural economy.Read more

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Land compensation begins for Jeypore rail links after prolonged delays

18 Apr 2026

Land compensation has commenced for the long-pending railway projects connecting Jeypore with Nabarangpur and Malkangiri in Odisha, marking a key step forward after nearly a decade of delays. The projects, announced in the Union Budget 2016-17, involve a 42-km Jeypore Nabarangpur line and a 130-km Jeypore Malkangiri corridor. Authorities have initiated disbursement of compensation funds across multiple villages in Koraput district, with INR 37 crore released for affected areas. The projects require land acquisition across dozens of villages and are aimed at improving connectivity in tribal and remote regions. The move is expected to accelerate stalled execution timelines and support broader infrastructure development in southern Odisha.Read more

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Deadlines set for drainage works to prevent monsoon waterlogging

18 Apr 2026

Authorities have imposed strict timelines for completing drainage and urban infrastructure works to prevent waterlogging during the upcoming monsoon season. The directives include desilting of drains, repair of damaged sewer lines, and clearance of encroachments across identified flood-prone zones. The move follows recurring incidents of urban flooding in previous years, prompting agencies to prioritise time-bound execution of pre-monsoon works. Officials have been instructed to ensure coordination across departments and complete all critical interventions before the onset of heavy rainfall. The initiative is aimed at improving stormwater management capacity, reducing disruption to urban mobility, and strengthening resilience in vulnerable areas through targeted infrastructure upgrades.Read more

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India's infrastructure spend rises six-fold to cross INR 12 lakh crore

18 Apr 2026

India's annual infrastructure spending has increased more than six-fold since 2014, crossing INR 12 lakh crore, Prime Minister Narendra Modi stated while inaugurating the Delhi-Dehradun Expressway. The expenditure, which stood at below INR 2 lakh crore annually before 2014, has expanded significantly as part of the government's focus on roads, railways, logistics, and urban infrastructure. The Prime Minister highlighted that projects worth over INR 2.25 lakh crore are currently underway in Uttarakhand alone. The expressway project, built at a cost of INR 12,000 crore, is expected to reduce travel time and logistics costs. The infrastructure push is positioned as a key driver of economic growth, improved connectivity, and regional development across the country.Read more

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India’s infrastructure push drives higher demand for digital twin technology

17 Apr 2026

India's infrastructure expansion is leading to increased demand for digital twin technology, according to Bentley Systems. The company noted that large and complex projects across transport, utilities and urban development are encouraging the use of data-driven tools. Digital twins help improve planning, execution and long-term asset management through real-time monitoring and predictive insights. Interest is rising among both government bodies and private developers. However, issues such as data integration, lack of standardisation and shortage of skilled professionals continue to limit faster adoption across the sector.Read more

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Rishikesh–Karnaprayag rail line completion pushed to 2028: Railway Board

17 Apr 2026

The 125-km Rishikesh-Karnaprayag rail project in Uttarakhand is now expected to be completed by 2028, with Railway Board Chairman Satish Kumar confirming a revised timeline. The project, sanctioned in 2016 and executed by Rail Vikas Nigam Limited (RVNL), was earlier targeted for commissioning by end-2026. The rail corridor, which passes through five districts including Dehradun and Rudraprayag, is designed to enhance connectivity to key religious and tourist destinations such as Devprayag and Karnaprayag. It also features India's longest transportation tunnel at 14.58 km and includes 19 major bridges. The revised timeline reflects execution challenges in difficult terrain while maintaining progress on tunnelling and bridge construction.Read more

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Diamond Power Infrastructure receives INR 45.47 crore cable supply order from Adani Electricity Mumbai

17 Apr 2026

Diamond Power Infrastructure Ltd has secured a letter of intent from Adani Electricity Mumbai Ltd for the supply of power cables valued at INR 45.47 crore, inclusive of GST. The contract is scheduled for execution over a one-year period from May 2026 to May 2027. The company clarified that the transaction does not qualify as a related party deal. The order reflects ongoing procurement activity in Mumbai's power distribution network, where utilities continue to invest in infrastructure upgrades and capacity augmentation to support rising electricity demand across the metropolitan region.Read more

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Indore civic body demolishes 16 illegal row houses in crackdown on unauthorised colonies

Indore News Desk

17 Apr 2026

The Indore Municipal Corporation intensified its action against illegal colonies by demolishing 16 unauthorised row houses in Anjani Nagar and Jagdish Nagar. The constructions were carried out without approvals and included illegal internal infrastructure such as roads and drainage. The civic body also raised concerns over fraudulent sales, where such properties are sold to unaware buyers. The action is part of a wider effort to control unplanned growth, as several unauthorised colonies in the city continue to face scrutiny due to lack of clear titles and planning violations.Read more

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Goa allocates INR 150 crore to fix highway black spots

Goa News Desk

17 Apr 2026

The Goa government has initiated a INR 150 crore programme to rectify accident-prone black spots across key national highways, with funding support from the Ministry of Road Transport and Highways. The initiative includes engineering interventions such as flyovers, underpasses, slope protection, and junction redesign to improve road safety and traffic flow. Works are underway at multiple locations, including Dhargalim on NH-66, Verna Nuvem, and stretches in Ponda and Vasco. The programme follows safety concerns flagged during earlier inspections and aims to eliminate identified high-risk zones by 2026. The move is part of a broader push to strengthen highway safety infrastructure in the state amid rising traffic volumes and accident incidents.Read more

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NHAI directs FASTag banks to verify vehicle numbers, flags mismatches impacting toll enforcement

17 Apr 2026

The National Highways Authority of India (NHAI) has directed all FASTag issuer banks to immediately validate vehicle registration numbers (VRNs) linked to FASTags to address data inconsistencies in the electronic toll collection system. The move follows complaints of mismatches between FASTag-captured VRNs and actual vehicle number plates, raising concerns over enforcement gaps and potential revenue leakage. NHAI noted that many discrepancies relate to FASTags issued before integration with the VAHAN database, when verification processes were limited. Banks have been instructed to verify issued FASTags and blacklist those linked to incorrect or invalid VRNs. The directive gains importance as India prepares to implement Multi-Lane Free Flow (MLFF) tolling, which relies on accurate vehicle identification for enforcement and penalty issuance.Read more

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Mumbai coastal road traffic rises sharply with daily count crossing 63,000

Mumbai News Desk

17 Apr 2026

Traffic on the Mumbai Coastal Road has grown nearly seven times in under two years, with average daily usage now crossing 63,000 vehicles. The corridor has handled over 3.16 crore vehicles since opening and has become a key route for South Mumbai commuters due to major travel time savings. Growth picked up after full access and 24-hour operations were introduced. While the road has reduced congestion in some areas, experts point out that benefits are still largely limited to private vehicles, indicating the need for better public transport integration.Read more

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