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%

Infrastructure News

Hyundai advances USD 4 billion shipyard plan in Tamil Nadu

28 Apr 2026

HD Hyundai is moving ahead with a USD 4 billion investment to set up a large shipyard in Tamil Nadu, marking a key step in India’s shipbuilding expansion plans. The project, located in Thoothukudi, will be developed through partnerships with government-backed entities and is expected to anchor a broader shipbuilding cluster. It aligns with India’s target to become a leading global shipbuilder and is likely to bring advanced technology, vendor ecosystems, and higher production capacity to the domestic maritime sector.Read more

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Maharashtra signs INR 5,200 crore pact for three pumped storage power projects

28 Apr 2026

The Maharashtra government has signed an agreement with Tatya Saheb Kore Warana Co-operative Navshakti Nirman Sanstha Ltd to develop three pumped storage hydropower projects with a total investment of around INR 5,200 crore. These projects will add 1,100 MW of capacity and generate about 1,100 jobs. The move comes as the state prepares for rising power demand, especially from data centres. Officials highlighted that pumped storage will support grid stability and renewable energy use, while also contributing to long-term energy planning and employment generation across the state.Read more

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Gurugram advances cleanup and infrastructure work after demolition drive

Gurugram News Desk

28 Apr 2026

Gurugram has continued restoration and infrastructure improvement work following demolition drives carried out to remove illegal encroachments across several residential colonies. Authorities cleared ramps, boundary extensions, guard rooms and other unauthorised constructions that had reduced road width and affected movement in internal streets. After the removal process, agencies have started restoring damaged stretches, improving access roads and strengthening basic civic infrastructure. Monitoring systems are being reinforced to prevent re-encroachment, while residents have expressed mixed reactions over enforcement and the impact of the drive on long-standing structures.Read more

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Karnataka revives 210 km Bengaluru intermediate ring road to connect 12 satellite towns

28 Apr 2026

The Karnataka government has revived the long-pending Intermediate Ring Road (IRR) project in Bengaluru, a 210 km corridor aimed at improving connectivity across the city’s peripheral growth zones. The project, originally proposed over a decade ago, will link 12 satellite towns including Devanahalli, Bidadi, Anekal and Hoskote. Now under the Bengaluru Metropolitan Region Development Authority (BMRDA), the revised plan seeks to address earlier land acquisition and legal challenges by reverting to the original alignment with modifications. A key strategy involves land pooling through developer-led relinquishment, reducing acquisition costs. The corridor will integrate with other major infrastructure projects such as the Satellite Town Ring Road and the Bengaluru Business Corridor, forming a broader mobility network to support regional expansion and decentralised urban growth.Read more

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Adani Ports gets lenders’ nod to acquire Karanja Terminal under insolvency process

28 Apr 2026

Adani Ports and Special Economic Zone Ltd (APSEZ) has reportedly secured approval from the lenders’ panel to acquire bankrupt Karanja Terminal & Logistics, marking another strategic move in its port asset expansion strategy. The resolution plan was cleared with 100% voting by the committee of creditors after rejecting a competing one-time settlement proposal. The asset, which has outstanding dues of over INR 625 crore, is undergoing insolvency proceedings. The acquisition, once finalised, will strengthen Adani Ports’ presence in western India and add to its portfolio of port infrastructure assets. The move aligns with the company’s broader strategy of acquiring stressed logistics and port assets through insolvency-led opportunities.Read more

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Gorakhpur converts Rapti river dump into eco park over 40 acres, CM to inaugurate

28 Apr 2026

A long-standing garbage dump near the Rapti river in Gorakhpur has been redeveloped into an eco park and urban forest, with the project scheduled for inauguration shortly. The initiative involved scientific disposal of over 2.26 lakh metric tonnes of legacy waste, freeing nearly 40 acres of land for redevelopment. Executed at a total cost of around INR 41.5 crore, the project also includes a four-lane road and supporting infrastructure. The redevelopment is part of a broader push towards urban environmental restoration, addressing pollution concerns while creating public green space. The site, previously associated with methane emissions and fire hazards, has now been converted into a structured recreational and ecological zone.Read more

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BMC’s INR 14 crore Mithi river garden tender returned after site found missing

Mumbai News Desk

27 Apr 2026

The Brihanmumbai Municipal Corporation’s INR 14 crore proposal to maintain a garden and promenade along the Mithi river has been sent back by the standing committee after members found that the site was either non-existent or encroached. Concerns were raised over lack of verification, violation of buffer norms, and possible irregularities in the tender process. The committee has sought detailed clarification before reconsideration, while separately approving an INR 30 crore desilting project for the river as part of flood preparedness efforts.Read more

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Kasara local incident raises safety concerns after passengers injured by railway debris

27 Apr 2026

A safety lapse during railway maintenance work on the Central Railway line in the Mumbai region led to two passengers being injured on a Kasara-bound local train. Debris and an iron rod fell into a moving coach, leaving one commuter critically injured. Authorities have suspended three staff members and started an internal inquiry. The incident has raised concerns over adherence to safety protocols, especially as such work is meant to be carried out during traffic blocks. Past incidents on the same route have also pointed to recurring risks during maintenance activity.Read more

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Juniper begins commissioning India’s first FDRE project to supply firm renewable power to Haryana

27 Apr 2026

Juniper Green Energy has started commissioning India’s first Firm and Dispatchable Renewable Energy (FDRE) project under the government’s FDRE guidelines. The project integrates 259 MWp solar, 280 MW wind, and 200 MWh battery storage across Rajasthan and Gujarat to deliver reliable power aligned with demand. It has already operationalised its solar and battery components in recent months. The project, awarded under an SJVN tender, will supply 200 MW to Haryana. This development comes at a time when power demand is rising sharply and highlights the growing role of hybrid renewable projects in ensuring grid stability.Read more

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Noida International Airport appoints Nitu Samra as interim CEO

27 Apr 2026

Noida International Airport has appointed its chief financial officer Nitu Samra as interim chief executive officer with immediate effect after a regulatory requirement mandated that airport CEOs must be Indian nationals. The change comes as the airport continues preparations for commercial operations following its inauguration by Prime Minister Narendra Modi in March this year. Christoph Schnellmann, who had been serving as CEO since August 2020, will now move to the role of executive vice chairman on the board. The interim arrangement will remain in place until a permanent CEO is selected by the board.Read more

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