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 : Industrial

Vedanta to set up 3 MT aluminium smelter in Odisha, doubling capacity

14 Sep 2025

Vedanta is advancing plans to establish a new aluminium smelter in Dhenkanal, Odisha, with a production capacity of three million tonnes per annum, aiming to double its total aluminium output. The company is actively acquiring land for the project, which could generate over two lakh jobs. Vedanta is also expanding its billet capacity and developing an aluminium park in Jharsuguda to attract downstream manufacturers. These steps are part of a long-term strategy to strengthen the company's domestic and export footprint in the aluminium sector, aligning with rising industrial demand and supporting regional economic growth.Read more

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Goa GIDC seeks to double FAR for new IT park to attract tech companies

13 Sep 2025

The Goa Industrial Development Corporation (GIDC) has proposed doubling the Floor Area Ratio (FAR) from 150 to 300 for its upcoming 'Hello World' IT Park in Verna. Spread over 4 lakh square meters, the park will include seven plots for IT companies and areas for a business hotel, hostel, and other utility services. The move is aimed at making the project financially viable and appealing to developers, while leveraging Verna's connectivity, infrastructure, and proximity to Goa International Airport. This development could position the park as a major technology hub in the state.Read more

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Vedanta invests over INR 12,500 crore to strengthen EV-focused metal production

11 Sep 2025

Vedanta Ltd has invested more than INR 12,500 crore in expanding its metal production facilities to meet the growing needs of India's electric vehicle sector. The company has enhanced capacity in aluminium smelters, value-added aluminium products, zinc alloys, ferrochrome, and set up new zinc processing units. Its product portfolio includes alloys, billets for EV battery casings, and crash-resistant materials, alongside nickel and nickel sulphate for EV batteries. The investments underline Vedanta's role in enabling lightweight, energy-efficient materials critical for the clean mobility shift.Read more

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DP World Mundra sets record with 1.42 lakh TEUs handled in August 2025

10 Sep 2025

Global logistics company DP World has reported that its Mundra International Container terminal achieved a record throughput of 142,273 TEUs in August 2025, the highest monthly volume since its operations began. The terminal's direct shipping links with major global markets, strong infrastructure, and recent sustainability measures have supported this growth. With a long quay, container freight station, rail connectivity, and fully electric handling equipment, DP World Mundra continues to strengthen India's role in international trade.Read more

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GST reduction expected to boost private investment in biogas plants

08 Sep 2025

The Goods and Services Tax (GST) on biogas plants and devices has been reduced from 12 percent to 5 percent, a step that is expected to make projects more viable and attract fresh investments. The GST Council, in its recent meeting, also decided to restructure the overall tax system by cutting rates on 375 items and reducing slabs from four to two. The Indian Biogas Association said the reduction in GST will bring down costs, encourage wider adoption, and could result in USD 4-5 billion of private investment in the compressed biogas sector by 2030.Read more

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Amazon announces major expansion of fulfilment and delivery network in India ahead of festive season

05 Sep 2025

Amazon has unveiled plans to significantly expand its infrastructure in India, citing expectations of increased festive demand supported by the GST rate cut. The company announced an investment of INR 2,000 crore in 2025 for nationwide network growth, including fulfilment centres, sortation hubs, and delivery stations. This expansion will increase storage capacity, strengthen last-mile delivery, and enhance customer experience, particularly in West Bengal where new facilities have been introduced.Read more

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ReNIKOLA to develop two large-scale solar projects under Malaysia's renewable energy programme

05 Sep 2025

ReNIKOLA Holdings has been chosen to lead two large-scale solar projects in Malaysia with a total capacity of 618 MWp under the country's Large Scale Solar 5+ programme. The projects, set to operate for 21 years, are projected to attract 1.2 billion ringgit (USD 285.37 million) in investment and are expected to be commissioned by the end of 2027. Malaysia is ramping up renewable energy efforts, aiming to increase gas-fired capacity by 50% and more than double renewable capacity by 2030 to reduce coal dependence and meet growing electricity demand, particularly from data centres.Read more

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Union Minister inaugurates TDK lithium-ion battery plant in Haryana

05 Sep 2025

The Union Minister Ashwini Vaishnaw inaugurated a lithium-ion battery manufacturing plant of Japanese firm TDK Corporation in Sohna, Haryana, with an initial investment of around INR 3,000 crore. The factory will produce about 20 crore battery packs annually for mobile phones, laptops, and wearable devices, meeting nearly 40% of India's yearly requirement of 50 crore cell packs. The facility, spread over approximately 180 acres, is expected to generate employment for over 5,000 people. Production will begin on a small scale later this year and gradually expand according to demand.Read more

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Centre defers clearance for Vedanta's 700-hectare bauxite mine in Odisha

04 Sep 2025

The Union Environment Ministry has deferred its decision on Vedanta Limited's Sijimali Bauxite Mines in Odisha's Rayagada and Kalahandi districts, citing unresolved environmental and social issues. The Forest Advisory Committee observed that Odisha's reports did not fully address villagers' objections, including allegations of fraudulent Gram Sabha resolutions. The project involves diverting 708 hectares of forest, overlapping with elephant habitats and areas prone to severe soil erosion. Vedanta intends to mine nine million tonnes annually for its Lanjigarh refinery. The first bauxite mine, with 311 million tonnes of estimated reserves, will remain on hold until all ecological, afforestation, and community consultation concerns are resolved.Read more

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Invenia targets 40% revenue growth driven by data centre and government connectivity demand

04 Sep 2025

Invenia, a digital infrastructure and IT services company from Sterlite Technologies, is planning to grow its revenue from around INR 1,300-1,400 crore to nearly INR 2,000 crore over the next three years. The growth is expected to come from rising demand for data centre connectivity and government projects like BharatNet. The company has equity capital of about INR 907 crore, assets close to INR 2,800 crore, and a strong order book worth INR 4,250 crore. Invenia will focus on system integration, cybersecurity, and managed services in India, the UK, and Europe.Read more

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KP Group joins South Korean firms to set up green ammonia facility in India

04 Sep 2025

KP Group has entered into a partnership with South Korea's AHES and GH2 Solar Ltd to establish a green ammonia production facility in India, producing 100,000 metric tons annually. The collaboration, formalized through an MoU, involves KPI GH managing the facility while AHES and GH2 provide technical support and arrange offtake agreements for international markets, including South Korea and Japan. Ammonia pricing will follow international benchmarks. The project will utilize renewable energy and infrastructure from KP Group subsidiaries, leveraging their 30 years of expertise and over 1.9 GW installed capacity, marking a significant step in India's sustainable energy development.Read more

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Mukand Sumi Special Steel to establish new greenfield project in Karnataka

02 Sep 2025

Mukand Sumi Special Steel Limited, a joint venture between Japan's Sumitomo Corporation and Jamnalal Sons of the Bajaj Group, has announced plans to develop a greenfield project in Kanakpura, Karnataka. The facility will be created with an investment of INR 2,345 crore and will focus on producing high-grade special steel for use across automotives, railways, energy, oil and gas, and bearings. The project will adopt a zero-discharge model and draw the majority of its power requirements from renewable sources.Read more

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Cement prices rise 8% in FY25 as petcoke costs hit four-month high

31 Aug 2025

Cement prices in India have risen sharply this fiscal year, mainly due to higher fuel costs, especially petroleum coke (petcoke). The average price of a 50-kg bag reached INR 360 in May 2025, up 8% from last year. Despite this increase, demand has remained strong, growing 9% in May, supported by housing and government infrastructure projects. Rising global fuel prices and the rupee's depreciation have added to cost pressures for Indian manufacturers. Even so, Indian cement remains competitive globally at USD 92 per tonne, compared to USD 140 in the USA, USD 229 in Germany, and USD 54 in China.Read more

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Bihar clears new industrial policy offering land, tax and capital incentives

29 Aug 2025

Bihar has unveiled the Bihar Industrial Investment Promotion Package 2025, offering free land and substantial financial support to attract industrial investors. The policy provides land allotments at token cost or free of charge to large-scale investors and Fortune 500 companies, along with options for interest subvention, SGST reimbursement, or capital subsidies. Valid until the end of March next year, the package seeks to generate large-scale employment opportunities while boosting the state's industrial landscape.Read more

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Techno Digital inaugurates AI-ready hyperscale data centre in Chennai

29 Aug 2025

Techno Digital, the digital infrastructure arm of Techno Electric & Engineering Company Ltd (TEECL), has officially launched its 36MW AI-ready hyperscale data centre at SIPCOT IT Park in Chennai. The facility, built with a committed investment of USD 175 million ( INR 1,535 crore), is a key part of the company's broader USD 1 billion national investment plan to develop scalable and sustainable digital infrastructure across India. With a capacity for about 2,400 high-density racks, the new data centre is strategically designed to provide resilience against climate risks and offers seamless connectivity to India's internet backbone, with future sites also planned for Kolkata and Noida.Read more

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Brick & Bolt uses AI and IoT to bring transparency to home construction

27 Aug 2025

Brick & Bolt, a Bengaluru-based tech-enabled construction company, has been reshaping the Indian housing market by streamlining the home-building process with AI, data-driven planning, and digital dashboards. Having completed over 9,000 units with 11,000+ floor plans in its portfolio, the company has aimed to bring predictability, transparency, and efficiency to a traditionally unorganised industry. With its Smart Cost Calculator, curated designs, and real-time project tracking, Brick & Bolt has offered homeowners clarity and reliability throughout the construction journey. The company also continues to expand its Experience Centres and roll out future-focused technology for smarter, customer-centric construction solutions.Read more

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Rahul Dravid joins BuildAhome as brand ambassador

26 Aug 2025

BuildAhome, a turnkey home construction company founded by Abhijith R Priyan, has appointed Rahul Dravid as its brand ambassador to reinforce its commitment to quality and transparency. The firm provides end-to-end services including architecture, structural design, plumbing, electrical work, interior design, and finishing, all managed in-house. Dravid emphasized that building a home requires patience, expertise, and trust, praising the company for its transparent process. This partnership aims to strengthen buildAhome's credibility, enhance brand visibility, and appeal to homeowners seeking reliable, fully managed, and professionally guided home construction solutions.Read more

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Amazon India expands Ashray centres to support delivery partners across the country

26 Aug 2025

Amazon India has expanded its 'Project Ashray' by adding 40 new rest centres for delivery associates, taking the total to 65 across 13 cities, including 24 in Delhi-NCR. These centres offer air-conditioned seating, washrooms, mobile charging points, drinking water, and first-aid kits and are open to delivery partners across the e-commerce and logistics ecosystem. Operating daily from 9 AM to 9 PM with free access for up to 30 minutes, the initiative coincides with Amazon creating over 150,000 seasonal jobs across more than 400 cities, including positions for women and persons with disabilities, ahead of the festive season.Read more

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Mahindra plans new plant, targets 10 lakh EV capacity by 2027

26 Aug 2025

Mahindra & Mahindra (M&M) is actively seeking land to establish a new greenfield manufacturing plant, a move that is part of a larger strategy to meet booming domestic and export demand. The company, which recently unveiled its new NU IQ modular, multi-energy platform, aims to scale its total production capacity significantly. With a goal of achieving 10 lakh EV production capacity by 2027, M&M is simultaneously expanding its existing plant in Chakan and bolstering its service network by up to 200 outlets annually to support its rapidly growing customer base.Read more

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City Lifts India Ltd. celebrates 40 years of building vertical mobility solutions

24 Aug 2025

City Lifts India Limited recently celebrated its 40th Foundation Day, reflecting four decades of providing elevators, escalators, auto walks, and car parking solutions across India. Since its founding in 1985 by Late V. Rajagopalan, the company has built a pan-India presence known for innovation, safety, and quality. Over the years, City Lifts has pioneered technologies such as MRL systems and intelligent dispatch, formed strategic global partnerships, and maintained strict safety and quality standards. The company now aims to expand into Tier II and III cities while targeting large infrastructure projects and technology-driven growth.Read more

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