Infrastructure

Afcons wins ₹3,469 crore contracts for Jewar Expressway, Lucknow Metro

Afcons Infrastructure secures two EPC contracts for the 24.5-km Jewar Link Expressway and a 6.52-km underground Lucknow Metro stretch, taking its FY27 order wins to ₹19,438 crore

UP to begin work on key industrial projects ahead of Assembly elections

State Cabinet approves four link expressways worth ₹17,542 crore, a robotics park in Greater Noida and GCC projects involving investments of ₹1,710 crore ahead of Assembly polls

L&T Q2 profit jumps 33% to ₹5,202 cr, order inflow at ₹1.47 trillion

Infrastructure major L&T reported 16% revenue growth to Rs 78,750 crore in Q2 FY27, while its consolidated order book reached Rs 8.53 trillion, with 54% from international orders

Simplismart raises $14 million in Series B to expand AI inference platform

Led by Dallas Venture Capital, the Series B round will help Simplismart expand its AI inference platform, strengthen cloud partnerships and grow across North America and global markets

Getting AI into infrastructure

It can improve the reliability, efficiency and performance of the systems we already have

New transport body needs execution powers to make integrated logistics work

The Integrated Transport and Logistics Authority will coordinate between ministries, but experts warn that limited execution powers and overlapping responsibilities could weaken effectiveness

Former DFS Secretary Nagaraju Maddirala named IL&FS CMD for two years

Nagaraju Maddirala succeeds Nand Kishore as IL&FS chairman and managing director for two years; the group has discharged Rs 50,387 crore of debt as of June 30, 2026

IndiGrid InvIT expects AUM to cross ₹45,000 cr over the next 2-3 yrs: MD

Harsh Shah says that the KKR-backed InvIT continues to focus on delivering predictable distributions while growing AUM

Weak execution, order momentum for infrastructure firms in Q2FY27

Monsoon disruptions, higher input costs and geopolitical tensions weigh on infrastructure firms' Q2FY27 performance, though strong order books provide revenue visibility

India may provide cheapest AI access to every citizen in 5-7 yrs: Jio exec

India could emerge as a global AI-agent exporter by cutting inference costs and making AI more affordable and accessible domestically

India sets up unified transport authority to reshape infra planning

The ITLA will function as the apex body for integrated transport and logistics planning, research, project appraisal and monitoring, policy support and data analytics

GST Council may give export status to clinical trials for overseas sponsors

GST Council may ease tax treatment for highway concessions, e-commerce deliveries and services between foreign shipping lines and their Indian offices

Trai launches platform to rate properties on digital connectivity

Digital rating of buildings is crucial as 70-80 per cent of mobile data consumption takes place indoors; platform will help consumers make buying and leasing decisions

Shaping the infra risk guarantee fund

Announced in this year's Budget, the initiative requires intervention on six fronts to become even more impactful

Odisha clears industrial projects worth Rs 2.47 trillion at one go

Data centres, AI and power projects dominate Odisha's record investment pipeline; 27 projects across 15 districts involving Rs 2.47 trillion are expected to generate 50,162 jobs

India set for major data centre push in 5-6 years: Microsoft's Chandok

India is set to build over 70% of its data centre capacity in the next five to six years, driven by AI workloads, data localisation and rising enterprise demand

Indian Railways approves safety, infra projects to improve efficiency

Indian Railways on Saturday approved multiple infrastructure and safety projects, including the installation of the automatic train protection system, electronic interlocking, and construction of a road overbridge in various railway divisions across the country to enhance operational efficiency and passenger safety. The indigenously developed automatic train protection system, Kavach Version 4.0, has been approved for 607.7 route kilometres of the Lucknow Division of North Eastern Railway at a total cost of Rs 252 crore, a Railway Ministry press statement said. The approved project will extend Kavach 4.0 coverage across the identified balance sections of the division, strengthening the safety infrastructure available for train operations. Kavach helps prevent trains from overshooting red signals by automatically applying brakes when required and supports safer train movement by monitoring train operations. In another significant decision, the Railway Ministry granted its consent fo

EIL expects order boost as Gulf seeks to bypass Strait of Hormuz

EIL expects order inflows from Saudi Arabia, UAE and other West Asian markets to accelerate as Gulf nations invest in infrastructure aimed at reducing dependence on the Strait of Hormuz

Banks may soon hit infra exposure limits, need to recycle capital: NaBFID

Banks face imminent credit exposure limits for infrastructure developers amid the growing need for infrastructure investment, making it necessary to explore alternative financing structures and recycle bank capital, NaBFID Deputy Managing Director Monika Kalia said on Thursday. "Looking at the need for infrastructure investment in the country, the kind of capital the banks will have, we will soon run out of the exposure limits on the developers," Kalia said during the panel discussion at NaBFID's Infrastructure Conclave 2026. She said market participants need to explore structures that can help sustain infrastructure financing without requiring banks to raise capital to an exponential level. Kalia said seasoned assets that have demonstrated stable cash flows should move out of the banking system to other investors, including through securitisation. "But seasoned assets, which have shown the stability of the cash flows, need to go out of the banking system to the other participants,

Hiranandani-backed Greenbase to invest ₹3,500 cr in logistics space

Greenbase plans to develop 9 million sq ft of industrial, warehousing and logistics infrastructure over five years, with 5 million sq ft planned in Tamil Nadu