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

Mumbai's GT Hospital secures approval for new medical college building after decade-long wait

04 Aug 2025

Mumbai's GT Hospital has received crucial approval to construct a new medical college building on its premises, marking a significant step after a decade-long wait. The Maharashtra government has sanctioned over INR 210 crore for the modern 20-storey facility, which will include classrooms, laboratories, hostels, and staff quarters. This development aims to demolish the hospital's old structure and address a long-standing space crunch, enhancing medical education and infrastructure in south Mumbai. The project, vital for boosting healthcare services, is expected to take two to three years for completion and follows the hospital's recent launch of its first MBBS batch.Read more

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Bhubaneswar civic body urges property owners to transfer internal roads for development

04 Aug 2025

The Bhubaneswar Municipal Corporation has urged property owners to officially transfer internal roads built during plot development to the civic body. Many roads remain undocumented, stalling drainage and road works. Since taking over building approvals in 2020, officials found widespread non-compliance by developers. The mayor stressed that no further infrastructure work would proceed without these transfers. The Corporation also introduced mandatory ID cards for all staff after a security incident and invited ideas to boost revenue collection. Emphasising interdepartmental coordination, officials aim to clear administrative hurdles, speed up infrastructure rollout, and enhance transparency in service delivery across newly developed and existing city areas.Read more

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Ahmedabad Airport rated No. 1 worldwide for passenger satisfaction in Q2 2025

04 Aug 2025

Ahmedabad's Sardar Vallabhbhai Patel International Airport (SVPIA), managed by the Adani Group, has topped the global Airport Service Quality (ASQ) survey for Q2 2025, earning a perfect 5/5 score in its category (5-15 million passengers/year). This marks its second consecutive quarter at the top. Passengers praised its smooth check-ins, quick security, friendly staff, and clean spaces. SVPIA handled 13.3 million passengers and nearly 280 flights daily in FY 2024-25. It also received awards for safety, sustainability, and quality-like the 5S Certification and Level 4 ACI accreditation. The recognition underlines SVPIA's focus on seamless travel and eco-conscious operations.Read more

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NBCC to redevelop postal department land across India under self-sustainable model

04 Aug 2025

NBCC, a state-run enterprise, has entered into an agreement with the Department of Post to redevelop several land parcels across the country. The collaboration, formalised through a Memorandum of Understanding signed in the past week, will see NBCC operating under its self-sustainable redevelopment model. The value of each project will be determined individually, and NBCC will act as both project management and marketing consultant to ensure maximum monetisation of the assets.Read more

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Shivaji Park set for green facelift as BMC plans dense tree cover

03 Aug 2025

Mumbai's iconic Shivaji Park is slated for a green makeover, with the Brihanmumbai Municipal Corporation (BMC) planning to plant numerous new trees to create a dense green cover. This initiative, part of the park's overall beautification and upgrade, aims to enhance its natural appeal and provide a healthier environment for visitors. While the BMC assures careful planning to preserve the park's historical significance and open spaces, the project seeks to integrate more greenery into one of the city's most prominent public grounds, reflecting a growing focus on urban greening in Mumbai's development plans.Read more

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Tata Power-DDL partners with Magna Yuma to expand battery swapping infrastructure in Delhi

02 Aug 2025

Tata Power Delhi Distribution Limited (Tata Power-DDL), a major power utility in North Delhi, has formalised a partnership with Magna Yuma Private Limited to establish battery swapping stations for electric vehicles. Under the signed agreement, Tata Power-DDL will provide space at its substations, while Magna Yuma will manage the design, installation, and maintenance of the infrastructure. This alliance aims to boost the electric mobility ecosystem, particularly benefiting commercial two-wheeler users and gig workers. The collaboration aligns with broader sustainability goals and initiatives to promote clean transportation and reduce power theft.Read more

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IRF flags poor signage and safety lapses at highway construction sites in India

02 Aug 2025

Most road construction projects in India are ignoring basic work zone safety norms, leading to a rise in fatal crashes, warns the India Chapter of the International Road Federation (IRF-IC). President Akhilesh Srivastava highlighted the absence of warning signs, reflective tapes, barricades, flagmen, and proper lighting at many sites, citing a deadly crash on the Bengaluru-Chennai Expressway as a recent example. The IRF-IC has urged the NHAI, state PWDs, and contractors to enforce mandatory compliance with Indian Road Congress (IRC) guidelines, specifically IRC:SP:55-2014. These norms provide essential standards for work zone traffic management and aim to reduce preventable accidents.Read more

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BMC drops plan to convert Sion cycling track into parking lot

02 Aug 2025

The Brihanmumbai Municipal Corporation (BMC) has scrapped its proposal to convert a portion of the cycling track near Priyadarshani Garden in Sion, Mumbai, into a parking lot. This decision follows a detailed inspection that revealed a large water pipeline running underneath the track, making it unsuitable for parking. The track was originally built for cyclists but has remained largely unused. The civic body's reversal comes amidst a push for green spaces and sustainable transport in Mumbai, ensuring the area's original purpose is preserved, even as the search for suitable parking solutions continues across the city.Read more

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Jakson Green signs first wind power PPA for 100 MW project with GUVNL in Gujarat

01 Aug 2025

Jakson Green, a green energy transition platform, has signed its first wind Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 100 megawatt (MW) project in Gujarat. The 25-year agreement, secured through its subsidiary JGRJ Three Solar Private Ltd, sets a tariff of INR 3.59 per unit. This project is expected to generate over 300 million kilowatt-hours of clean energy annually, offsetting approximately 250,000 tonnes of CO2 emissions. This marks Jakson Green's entry into utility-scale wind energy, diversifying its portfolio and aiming to accelerate India's transition to a sustainable energy future by tapping into the nation's vast wind energy potential.Read more

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Juniper Green Energy signs 100 MW wind power PPA with GUVNL in Gujarat

01 Aug 2025

Juniper Green Energy has signed a 25-year Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 100 megawatt (MW) wind power project in Gujarat. The agreement, executed through its subsidiary Juniper Green Bess Two Pvt Ltd, was finalized on July 18. This project is scheduled to begin supplying power from July 2027. With an additional 50 MW Letter of Intent (LoI) also recently received from GUVNL, Juniper Green Energy is strengthening its presence in Gujarat's renewable energy sector, aligning with India's sustainable energy future.Read more

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