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

NHAI fails to attract bidders for INR 18,885 crore highway projects under BOT model

26 Mar 2026

The National Highways Authority of India (NHAI) did not receive any bids for highway projects covering around 912 km, with a total value of about INR 18,885 crore, under the build-operate-transfer (BOT) model. The move was part of efforts to bring back private sector participation in road development. However, developers stayed away due to concerns around traffic uncertainty, financial risks, and project viability. The outcome shows that despite policy support, private players remain cautious about investing in BOT-based highway projects.Read more

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Indore plans rollout of new industrial zones by April to expand MSME base and support economic growth

Indore News Desk

26 Mar 2026

Authorities in Indore are preparing to launch new industrial zones by April to support the expansion of micro, small and medium enterprises (MSMEs) and strengthen the city's industrial base. The initiative is aimed at improving land availability, infrastructure and ease of doing business for smaller enterprises, which form a significant part of the local economy. The proposed zones are expected to provide serviced plots, better connectivity and essential utilities, enabling businesses to scale operations. The move aligns with broader efforts to position Indore as a key industrial hub in Madhya Pradesh while addressing increasing demand for organised industrial land and infrastructure.Read more

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Delhi Metro Phase III to improve interchange connectivity with new FOBs and ramps

Delhi News Desk

26 Mar 2026

Delhi Metro Rail Corporation, the operator of Delhi Metro Rail Corporation, is implementing upgrades across Phase III to improve interchange station connectivity. As part of this plan, 14 interchange stations will be equipped with foot overbridges (FOBs) and ramps to make transfers between lines smoother and more accessible. The initiative focuses on reducing walking distances, improving passenger flow, and supporting elderly and differently-abled commuters. The design follows earlier metro integration practices where multiple lines were connected through structured pedestrian links, escalators, and lifts for better commuter convenience.Read more

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Tata Power moves ahead with Mundra plant revival after signing fresh PPAs

26 Mar 2026

Tata Power has moved a step closer to reviving operations at its Mundra Ultra Mega Power Project in Gujarat by signing a supplementary power purchase agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The company also plans similar agreements with Maharashtra, Rajasthan, Punjab, and Haryana. The plant had been shut since July 2025 due to financial losses, impacting power supply to multiple states. With regulatory approvals already in place, these agreements are expected to improve viability and help restart operations. The development also had a positive impact on Tata Power's share price.Read more

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Airfloa Rail secures INR 22.91 crore contract from BEML for Chennai Metro Phase II lighting systems

Chennai News Desk

26 Mar 2026

Airfloa Rail Technology has secured an order worth INR 22.91 crore from BEML Ltd for supply works linked to Phase II of the Chennai Metro Rail Limited network. The contract covers design, manufacture, supply, testing and commissioning of lighting systems for metro coaches, along with spares and tools. Execution is scheduled over a 17-month period, with supplies expected to begin later this year. Payment terms include full settlement within 45 days of delivery. The order forms part of ongoing rolling stock and systems procurement for the expanding metro network, which is being developed to enhance urban mobility capacity across Chennai.Read more

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Poor lighting at Mahim beach raises public safety concerns in Mumbai

Mumbai News Desk

26 Mar 2026

Residents and activists in Mumbai have raised concerns over inadequate street lighting at Mahim Beach, especially around the Reti Bunder stretch. Several streetlights in the area are reported to be non-functional, leaving large sections poorly illuminated during evening and night hours. This has led to repeated appeals to civic authorities, including the Brihanmumbai Municipal Corporation, to carry out repairs and improve lighting. The issue highlights gaps in basic urban maintenance that directly affect public safety in frequently visited public spaces.Read more

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PCMC faces INR 143 crore irrigation dues notice with warning of water supply disruption amid dispute over charges

26 Mar 2026

The Pimpri Chinchwad Municipal Corporation (PCMC) has received a notice from the Maharashtra irrigation department demanding payment of INR 143 crore towards pending water charges and penalties linked to alleged excess consumption and inadequate sewage treatment. The department has warned of possible suspension of water supply if dues remain unpaid. Civic officials have contested the demand, stating that the charges include disputed components such as industrial tariffs and penalties. The dispute comes at a time when the city already faces supply constraints, receiving water from Pavana and Andra dams while operating on alternate-day distribution. The issue highlights ongoing tensions between urban local bodies and state agencies over water allocation, billing practices and environmental compliance.Read more

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Rudrapur ring road nears completion with trial run planned to ease industrial traffic movement

25 Mar 2026

The 20.5-km four-lane ring road in Rudrapur, Uttarakhand, is nearing completion, with authorities planning a trial run shortly after March 20. The project, estimated at around INR 1,100 crore, has reached approximately 95 per cent completion after nearly four years of construction under the National Highways Authority of India (NHAI). Designed to bypass the city, the corridor will connect National Highway-74 and NH-87 while passing through 12 villages and extending into neighbouring Uttar Pradesh. The road is expected to ease congestion within the industrial city, particularly by enabling heavy vehicles bound for the SIDCUL industrial area to avoid urban routes and reduce waiting times.Read more

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Mumbai pushes double-decker Sewri–Worli connector as Elphinstone bridge demolition speeds up

Mumbai News Desk

25 Mar 2026

Demolition of the old Elphinstone Road overbridge in Mumbai has progressed further, with Western Railway removing key girders at Prabhadevi station. This work is part of the larger Sewri Worli Elevated Connector project, a 4.5-km double-decker corridor aimed at improving east-west connectivity. While the project is expected to reduce travel time and ease congestion once completed, it has currently led to traffic disruptions in the busy Parel Prabhadevi area. Authorities are continuing phased work while trying to minimise impact on rail and road movement.Read more

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Telangana outlines Bharat Future City as 30,000-acre sustainable urban cluster planned for up to 30 lakh residents

25 Mar 2026

The Telangana government has detailed plans for Bharat Future City, a 30,000-acre greenfield urban development near Hyderabad designed to accommodate around 25-30 lakh residents. The project, outlined in the state's recent socio-economic survey, will include a central business district supported by specialised zones such as an AI City, Health City, Education Hub and a large life sciences cluster. Infrastructure proposals include radial road networks, underground utilities, smart grids and connectivity to Machilipatnam port. The development is being positioned as a net-zero, transit-oriented city with integrated public transport and a 15-minute living model. With over 50 per cent green cover and a 15,000-acre reserve forest, the project is intended to combine urban expansion with environmental planning.Read more

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