Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Asset class : Infrastructure

Rail fracture disrupts Mumbai local services on Central Railway main line

A rail fracture between Vikhroli and Kanjurmarg stations briefly disrupted local train services on Mumbai's Central Railway main line. The fracture was detected on the down slow line at 7:32?am, prompting authorities to divert slow trains to the fast line from Matunga station and impose a 30 km/h speed restriction. The line was declared safe by 7:58 am. This disruption affected over 3.5 million daily commuters, causing delays of 10-20 minutes. The incident highlights the challenges of maintaining safety and punctuality on one of the world's busiest suburban rail networks.Read more

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Bengaluru Metro: BMRCL begins DPR work for 59.6 km Green Line extension from Madavara to Tumakuru

Bangalore Metro Rail Corporation Ltd has begun work on extending the Green Line from Madavara to Tumakuru by inviting bids for a Detailed Project Report. The proposed 59.6 km elevated corridor will feature about 25 stations, starting near the Bangalore International Exhibition Centre and passing through Nelamangala, Dabaspete and Kyathasandra before reaching Tumakuru. Estimated to cost between INR 18,670 crore and INR 20,650 crore, the project is being evaluated under both PPP and SPV funding models. Designed to handle 15,000 passengers per hour with 4-5 minute train frequencies, the line is projected to serve 2.8 lakh daily commuters by 2032. The DPR will refine alignment, costs and land needs.Read more

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Navi Mumbai International Airport set to begin passenger flights from December 25

Navi Mumbai International Airport (NMIA) will start commercial passenger flights from December 25 with 23 daily departures in the first phase. Operations will run for 12 hours each day during the initial month, allowing up to 10 aircraft movements per hour. The airport, developed through a joint venture between the Adani Group and CIDCO, has been built at a cost of INR 19,650 crore. Phase-1 covers 1,160 hectares and includes one terminal and one runway with a capacity of 20 million passengers a year. Daily departures are set to increase to 34 from February 2026.Read more

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Piling work continues at Elphinstone Bridge amid residents' safety concerns

Piling work at Elphinstone Bridge's P61 and P61A pier locations has completed seven piles so far but faced interruptions from local residents concerned about the safety of century-old nearby buildings. MMRDA's contractor appointed VJTI experts to monitor structural stability, using accelerometers, crack width gauges, and tilt sensors. A joint site visit with officials, experts, and residents was held to explain safety measures. Preventive guidelines were issued to reduce rig RPM, limit noise, and monitor vibrations during pile boring, ensuring the safety of the surrounding structures.Read more

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Rajasthan to develop inland port in Jalore for direct link to Arabian Sea

Rajasthan plans to develop an inland port in Jalore, creating a direct waterway link to the Arabian Sea through Kandla Port in Gujarat. The project, backed by the Central government, proposes a 262-km waterway requiring dredging costs exceeding INR 10,000 crore. A draft DPR by IIT Madras is under review, with final approval to follow field assessments. The port is expected to boost trade, industrial growth and logistics efficiency for sectors such as textiles, stone processing, agriculture and oilseeds. Linked to National Waterway 48, the project could generate over 50,000 jobs and support new industries, warehousing and cold-storage facilities across the region.Read more

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Maharashtra clears major highway upgrades, including Pune-Shirur express corridor

Maharashtra's infrastructure committee has approved major highway upgrades, including a new multi-lane Pune-Shirur corridor spanning 53.4 km with a mix of four-lane roads and a six-lane elevated expressway. The route, which sees heavy industrial traffic, is expected to ease growing congestion in the Pune region. Two six-lane highways in Chhatrapati Sambhajinagar district were also cleared, linking Shendra, Bidkin and Dhoregaon as part of planned DMIC and Samruddhi Expressway connectivity. A greenfield road from Karmad to the expressway also received initial approval. Chief Minister Devendra Fadnavis directed immediate repairs, fast-tracked land acquisition and timely execution, with a 7.4-km elevated stretch to be jointly developed for metro and road use.Read more

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Kalyan-Dombivli rolls out KD-SWIFT one-window system for building permissions

In response to concerns over the emergence of illegal buildings, the Kalyan-Dombivli Municipal Corporation (KDMC) has introduced KD-SWIFT, a digital one-window platform for building-permission approvals. This new system lets citizens, architects, and developers apply for permissions across eight departments - including fire, drainage, water supply, and tree authority - via a single portal. The process is time-bound, with a 28-day turnaround for decisions, and approvals come with QR-coded certificates to enhance verification and transparency.Read more

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Nuvoco acquires Vadraj Energy in INR 200 crore deal to strengthen operations

Nuvoco Vistas Corporation, the cement arm of the Nirma Group, has agreed to acquire Gujarat-based Vadraj Energy in an INR 200-crore deal involving JSW Cement and Alpha Alternatives. The purchase is being made through Algebra Endeavour, Vadraj Energy's holding company, and will give Nuvoco access to power plants in Kutch and Surat to support its captive energy needs. The all-cash transaction is expected to close within about ten days, subject to conditions. Earlier this year, Nuvoco also secured NCLT approval to acquire Vadraj Cement for INR 1,800 crore. Nuvoco, India's fifth-largest cement maker, saw its shares trade slightly lower at INR 364.15.Read more

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J Infratech wins INR 116 crore contract to rebuild key Assam highway stretch

J Infratech has secured a highway reconstruction contract worth INR 116 crore from the National Highways & Infrastructure Development Corporation Ltd for upgrading key stretches of the Jhanji-Demow section of NH-37 in Assam. The work covers 20.44 km between the 514.36 km and 534.80 km marks, a route connecting major commercial zones in Upper Assam. The company has received the official letter of acceptance and plans to complete the project within four months. The upgraded corridor is expected to improve connectivity, support trade movement, and enhance overall road safety in the region.Read more

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Fly91 to add three aircraft and expand routes by March next year

Fly91, the Goa-based regional airline, plans to induct three more ATR 72-600 aircraft and launch new routes by March next year, taking its fleet to seven. The digital-native carrier, which began operations earlier this year, currently flies four aircraft and runs over 120 weekly flights, including services under the government's regional connectivity scheme. Fly91 now connects eight cities-Goa, Pune, Bengaluru, Hyderabad, Sindhudurg, Solapur, Agatti and Jalgaon-and aims to expand further. Backed by INR 250 crore in funding, the airline has already carried 1.7 lakh passengers on more than 3,500 flights. Over the next five years, it plans to scale up to 30 aircraft and operate from multiple bases.Read more

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KPI Green Energy wins INR 696.50 crore solar project contract in Gujarat

KPI Green Energy has secured a Rs 696.50 crore contract with SJVN Ltd to develop a 200 MW (AC) solar project at Gujarat's GIPCL Renewable Energy Park. The company will supply all equipment, handle construction, installation, civil works, and manage testing, commissioning, and operational acceptance. KPI Green will also provide O&M support for three years post-commercial operation. The project is structured under three contracts: Supply, EPC, and O&M highlighting KPI Green's turnkey responsibility and strengthening its position as a key renewable energy EPC player.Read more

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Delhi to repair 500 km of key roads by March with INR 800 crore central funding

Delhi's Public Works Department is preparing to repair 500 km of major road stretches by March next year, as confirmed by PWD Minister Parvesh Verma. The work will include re-carpeting, pothole filling, patchwork, and restoring damaged footpaths and foot overbridges. Funding of about INR 800 crore from the central government has already been received, with an assurance of additional support. The initiative aims to reduce road dust and improve overall road quality ahead of the winter pollution period. This follows earlier reviews and ongoing repair activities across the city.Read more

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CNPC launches power division in Beijing to accelerate its green-energy push

China National Petroleum Corporation (CNPC) has set up a dedicated power arm in Beijing China Petroleum Electric Energy Co Ltd to steer its growing new-energy business. Wholly owned by CNPC's Daqing Oilfield subsidiary and backed with 5 billion yuan (about USD 703 million) of capital, the unit will act as a market-oriented platform to manage power production, supply, and sales. CNPC's leadership said this move reflects its strategy to adapt to rapid renewable grid integration, deeper power market reform, and surging demand for green electricity.Read more

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Northern Railway GM reviews safety and progress on Srinagar-Baramulla USBRL stretch

Northern Railway General Manager Ashok Kumar Verma carried out a detailed inspection of the Srinagar-Baramulla section under the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project. He was accompanied by senior officials, including the Divisional Railway Manager of the Jammu division. The team reviewed passenger facilities, station preparedness, train operations and overall safety arrangements across nearly all stations in the 60-kilometre stretch. Verma also inspected the goods terminal at Anantnag and emphasised the need for quality work, timely progress and strict adherence to safety standards.Read more

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NMCG clears INR 360-crore projects to cut pollution and study Ganga-Yamuna rivers

The National Mission for Clean Ganga (NMCG) has approved projects worth around INR 360 crore to improve pollution control and deepen scientific understanding of the Ganga and Yamuna rivers. A major approval was a INR 361.86 crore project for Siliguri to intercept 25 drains flowing into the Mahananda and build two STPs of 27 MLD and 22 MLD under a hybrid-annuity model. For Delhi, NMCG cleared works to enhance treated-water flow into the Yamuna, including drain diversion and new pumping and conveyance systems. Several research studies were sanctioned, including glacier-melt analysis in the Upper Ganga Basin, a 1,100-km bathymetric survey, groundwater recharge assessments and development of a Digital Twin platform. A school outreach programme, Youth for Ganga, Youth for Yamuna, was also approved.Read more

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BMC moves ahead with 4.24 km flyover plan on LBS Marg to ease Kurla-Ghatkopar traffic

The BMC has proposed a 4.24 km elevated corridor along LBS Marg to ease traffic between Kurla West and Ghatkopar West. The flyover, starting near Kalpana Talkies and ending near Pankhe Shah Baba Dargah, will include a 3.91 km main stretch, ramps at both ends and three connecting arms for smoother entry and exit. Designed as a four-lane, 16.5-metre-wide structure using steel girders and an RCC deck, it aims to bypass chronic bottlenecks near the Andheri-Ghatkopar Link Road, Ghatkopar station and Sant Narsi Mehta Road. With Metro works and other bridges in the area, VJTI will oversee technical planning. Estimated at INR 1,635 crore, the project is expected to take four years.Read more

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Mysuru civic body steps up e-Khata drive to cover all 2.27 lakh properties

Mysuru City Corporation (MCC) has relaunched a focused, ward-wise effort to issue e-Khata certificates for all 2,27,883 properties under its limits. So far, about 61,117 certificates have been granted mostly A-Khatas, with a smaller number of B-Khatas. The corporation has appointed nodal officers in its nine zones, aims to process applications in just a few days, and runs a weekly Friday campaign. Past lapses, income recovery, and corruption allegations have driven the urgency.Read more

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NHAI lists 55 highway projects worth INR 1.19 lakh crore to boost transparency

NHAI has released details of 55 National Highways projects covering about 2,269 km, with a total estimated cost of INR 1,19,359 crore. The authority has invited bids and published all project information on its website to enhance transparency in the award process. By placing approval stages, clearance status and key updates in the public domain, NHAI aims to create a level playing field for bidders and strengthen public-private partnerships. The authority will update the project data every two weeks, helping stakeholders track progress and submit more informed bids. The initiative is expected to reduce disputes, improve clarity and attract wider participation from contractors and developers.Read more

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AeroNero to set up air-to-water innovation hub at Bengaluru Airport City

AeroNero and Bengaluru Airport City Limited have signed a term sheet to set up the AeroNero Innovation Hub and Corporate Showcase at Kempegowda International Airport. The hub will demonstrate and test deep-tech air-to-water systems such as Bubble, Drizzle, Thunder, AirWell and AQUAIR, which produce potable water from atmospheric moisture using condensation, desiccation and hybrid renewable energy. AeroNero said the partnership marks a major step toward advancing sustainable, climate-resilient water solutions. Bengaluru Airport City noted that the hub aligns with its vision for a smart, deep-tech urban ecosystem. The centre will also serve as a multi-stakeholder platform, supporting research, collaboration and real-world validation within the airport's sustainability-focused environment.Read more

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Jayanagar footpath inspection flags debris, encroachments and broken slabs

A detailed footpath inspection in Jayanagar by Bengaluru South City Corporation officials highlighted 22 different pedestrian obstructions across key stretches. The walk, conducted recently as part of the third round of Project Walkaluru, covered areas near the Jayanagar Shopping Complex, 11th Main Road-Aurobindo Marg, 10th Main Road, Marenahalli Main Road and lanes near Shalini Ground. Issues included garbage accumulation, broken footpath slabs, construction-material dumping, vehicle parking on pavements and commercial encroachments. With over 40 participants joining the inspection, officials directed immediate clearance at several locations and issued warnings to building owners.Read more

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