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

New flyover opens at Chennai's Madhya Kailash junction to ease long-standing traffic congestion

19 Feb 2026

Traffic movement at Chennai's busy Madhya Kailash junction is expected to improve following the inauguration of a new L-shaped flyover by Tamil Nadu Chief Minister M K Stalin. The project, developed by the Highways and Minor Ports Department at a cost of INR 60.68 crore, aims to address persistent congestion where Sardar Patel Road meets Rajiv Gandhi Salai. The 652-metre, two-lane, one-way flyover is designed to streamline vehicle flow towards the OMR corridor and reduce delays during peak hours.Read more

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Assam moves to add more highway emergency landing strips to strengthen strategic infrastructure

19 Feb 2026

Assam is planning to develop more highway emergency landing facilities as part of its broader effort to strengthen strategic and transport infrastructure in the Northeast. The move follows the successful operationalisation of the region's first such facility on a national highway in Dibrugarh district. State authorities have indicated that three to four more locations are being identified. These facilities are intended to support defence operations during emergencies while also improving disaster response capabilities in a state frequently affected by floods and connectivity disruptions.Read more

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BMC begins cement concretisation work on Nepean Sea Road stretch

Mumbai News Desk

19 Feb 2026

The Brihanmumbai Municipal Corporation has started cement concretisation work on a key stretch of Nepean Sea Road in south Mumbai as part of its ongoing road improvement programme. The work covers a 770-metre section between Mukesh Chowk and Priyadarshini Park and is being taken up ahead of the monsoon. Traffic diversions and partial road closures have been introduced after necessary approvals. The project forms part of the citywide cement road initiative, which has crossed over 60% overall completion.Read more

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VMRDA draft master plan outlines coastal road link to Bhogapuram airport

Visakhapatnam News Desk

19 Feb 2026

The Visakhapatnam Metropolitan Region Development Authority has proposed a coastal corridor connecting Visakhapatnam with the upcoming Bhogapuram International Airport as part of its revised draft master plan. The planned road, largely aligned along the coastline, is intended to improve regional connectivity while supporting future urban and economic expansion. The draft also incorporates long-term development proposals suggested by national policy bodies, covering tourism, IT, education, and healthcare zones. The authority has invited public feedback on the revised plan before it is finalised.Read more

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Carrier Air Conditioning to set up INR 1,000-crore manufacturing facility in Andhra Pradesh

19 Feb 2026

Carrier Air Conditioning & Refrigeration Ltd is establishing a INR 1,000-crore manufacturing facility in Sri City, Andhra Pradesh, spanning 39 acres. The project, focusing on sustainable and energy-efficient cooling solutions, will create 1,000 direct and 2,000 indirect jobs. The lease agreement was executed between Carrier India and Sri City officials. Highlighted by state leaders, the project showcases Andhra Pradesh's fast-track industrial execution and investor-friendly environment. Complementing Carrier's Haryana operations, the facility aims to meet growing domestic and global demand, strengthen the state's HVAC leadership, and integrate green manufacturing practices.Read more

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Centre clears INR 913.7 crore six-lane elevated corridor over Panchaganga river near Kolhapur

19 Feb 2026

The Union government has approved an infrastructure project worth INR 913.7 crore for constructing a six-lane elevated corridor over the Panchaganga river on National Highway 48 near Kolhapur. The project is aimed at ensuring uninterrupted highway movement during seasonal flooding, which has repeatedly disrupted traffic in the region. Spanning 3.578 km, the corridor will also include service roads, upgraded junctions and railway underpasses, improving traffic flow for both long-distance highway users and local commuters in southwest Maharashtra.Read more

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Strong bidder response for NHAI's Bhubaneswar ring road project

19 Feb 2026

The National Highways Authority of India has received strong bidder participation for the 111-km, six-lane Capital Region Ring Road planned around Bhubaneswar. A total of 64 bids were submitted across three construction packages under the Hybrid Annuity Mode, indicating solid interest from infrastructure developers. The project, estimated to cost INR 8,307 crore, has most land acquisition and statutory clearances already in place, allowing NHAI to move towards awarding contracts and starting construction as scheduled.Read more

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Nashik Road-Dwarka 10-lane widening plan gains approval from commuters

19 Feb 2026

Daily travellers on the Pune highway between Nashik Road and Dwarka have welcomed a proposal to widen the key urban stretch to 10 lanes, saying it could ease persistent congestion at frequent bottlenecks such as Dwarka junction, Kathe Galli, Fame signal, Upnagar and Datta Mandir. The plan includes constructing a grade separator at Dwarka to improve traffic flow and reduce pressure on alternate routes. Commuters also raised concerns about heavy-vehicle movement and suggested a truck bypass to offer longer-term relief. Traffic officials acknowledged that current infrastructure is not sufficient for current demand.Read more

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Andhra Pradesh clears major shipbuilding and repair facility at Machilipatnam

18 Feb 2026

Andhra Pradesh has moved ahead with plans to set up a large shipbuilding and ship repair facility at Machilipatnam as part of its maritime infrastructure expansion. The project will be developed through a Design, Build, Finance, Operate and Transfer model, with private participation invited through a competitive bidding process. The state maritime board has completed internal approvals for issuing the request for proposals. The facility is expected to strengthen coastal industrial activity, generate employment, and support the state&s long-term port-led development strategy.Read more

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AWS India, Yotta to deploy hybrid cloud for NIC’s Meghraj 2.0

18 Feb 2026

Amazon Web Services India (AWS India) and Yotta Data Services will collaborate to deploy a hybrid cloud infrastructure for the National Informatics Centre's (NIC) Meghraj 2.0 initiative, aimed at strengthening digital governance in the country. Meghraj, also known as the GI Cloud, seeks to accelerate delivery of e-services through cloud computing. Under the partnership, AWS India will work with Yotta to implement AWS Outposts within NIC data centres, enabling government departments to leverage advanced AWS services including generative artificial intelligence while meeting data residency and security requirements. The solution will allow sensitive workloads to remain within NIC facilities, while providing elastic scalability by connecting to AWS Regions in India during peak demand periods, ensuring seamless performance for citizen-facing services and mission-critical applications.Read more

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