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

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

cover photo

Trai pushes for stronger critical communication infrastructure in India

25 Aug 2025

Work on critical communication infrastructure in India is moving ahead at a fast pace, with Trai leading policy and spectrum recommendations. The regulator has pushed for an integrated broadband PPDR network with a hybrid approach to cover cities, border areas, disaster-prone regions, and sensitive zones. It has also suggested reserving 10 MHz paired spectrum in the 700 MHz band for railway safety. Meanwhile, industry leaders drew attention to the European Union's progress in building continent-wide systems, urging India to adopt similar measures, while stressing the need for security, interoperability, and resilience in future networks.Read more

cover photo

Globe Civil Projects crosses INR 1,000 crore order book milestone, expands into government infrastructure

25 Aug 2025

Globe Civil Projects has reached a new milestone with its consolidated order book crossing INR 1,000 crore. The company's projects are spread across institutional, healthcare, and government infrastructure, with nearly 90 percent backed by central government funding, ensuring strong cash flow visibility. Recently, the firm also entered the sports infrastructure sector by securing an INR 222.20 crore project for building an international cricket stadium in Haryana. With ongoing projects across IITs, IIMs, hospitals, and government buildings, the company continues to strengthen its presence in diverse infrastructure segments.Read more

cover photo

PM inaugurates first 660 MW unit of SJVN's Buxar thermal power project in Bihar

25 Aug 2025

The Prime Minister inaugurated the first 660 MW unit of the 1,320 MW Buxar thermal power project in Bihar, developed by SJVN at Chausa. Built at an investment of INR 13,756.56 crore, the project is expected to generate nearly 9,828.72 million units of electricity annually, with 85 per cent of the supply reserved for Bihar. Construction required large quantities of steel and cement, supporting Indian industries and creating employment for about 5,000 workers each year. With its advanced technology and regional focus, the project is set to ease shortages and improve power availability in the eastern region.Read more

cover photo

Current Infraprojects to launch IPO to fund solar project at IIT Dhanbad

25 Aug 2025

Current Infraprojects Limited, an infrastructure and EPC service provider, is set to launch its Initial Public Offering (IPO) on Tuesday, August 26, 2025, to raise approximately INR 41.80 crore. The company proposes to list on the NSE Emerge platform, a move that capitalizes on a specialized market for small and medium-sized enterprises. The net proceeds from the IPO will be primarily used to fund a 1800 KW solar plant at IIT (Indian School of Mines), Dhanbad, under the RESCO business model, and to meet working capital requirements for its diverse portfolio of projects.Read more

cover photo

Trichy Corporation begins LED upgrade drive across 65 wards

24 Aug 2025

The Trichy Corporation has launched a INR 2 crore project to upgrade 3,250 streetlights from 20-watt to 40-watt LEDs across residential areas, following complaints about poor visibility and safety concerns. Around 650 lights will be replaced in each of the city's five zones, with work to be completed in phases over the coming months. The 20-watt LEDs, installed in 2018 during the city's shift from sodium and fluorescent lamps, are now inadequate due to urban growth and rising traffic. Each ward will get 50 brighter lights, prioritizing junctions and busy streets, while 20-watt LEDs will remain on narrower roads to balance costs.Read more

cover photo

Unplanned construction blamed for flooding on Vasai-Virar railway tracks

24 Aug 2025

Severe flooding on a 1.5-km stretch of railway track in Vasai, which disrupted train services on the Virar-Churchgate route, was caused by rampant and unplanned construction in the Vasai-Virar area, according to the Western Railway (WR). The construction on salt pan lands, mangroves, and waterholes, along with choked culverts, has led to rainwater and water from the Pelhar dam overflowing onto the tracks. Despite similar flooding in 2018 and a subsequent report from NEERI and IIT-Bombay, the recommended solutions have not been implemented by the authorities, leading to repeated disruptions.Read more

cover photo

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

cover photo

NMMC strengthens water testing with new digital monitoring system

24 Aug 2025

The Navi Mumbai Municipal Corporation's Environmental Laboratory, certified under ISO 9001:2015, has introduced a new digital monitoring system for water quality testing. The 'e-System Water Sample Inspection Report and Monitoring System' (WQMS) was launched by Municipal Commissioner Dr. Kailash Shinde earlier this week. The laboratory already tests drinking water, wastewater, and private samples, and with this system the entire process from collection to reporting has become digital and transparent. The Commissioner also advised seeking NABL accreditation and expanding testing to cover food vendors. The system improves accuracy, tracking, and accessibility of water-quality data for both officials and citizens.Read more

cover photo

Bihar CM inspects Patna Metro project, urges timely completion

24 Aug 2025

Bihar Chief Minister Shri Nitish Kumar conducted an on-site inspection of the Patna Metro Rail Project, emphasizing the need for quality construction and timely completion. He reviewed key facilities, including the Bairiya terminal and Zero Mile station, both nearing completion. The Bairiya terminal is set to serve as a maintenance and operational hub, while the Zero Mile station will offer modern passenger amenities. The CM directed officials to expedite the work and ensure efficient project execution.Read more

cover photo