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

Jupiter Wagons eyes INR 20,000 crore Mumbai suburban rail tender with INR 1,000 crore facility investment

Mumbai News Desk

02 Apr 2026

Jupiter Wagons Ltd is preparing to bid for a major suburban rail rolling stock tender floated by the Mumbai Rail Vikas Corporation (MRVC), valued at over INR 20,000 crore, marking its entry into passenger coach manufacturing. The tender involves procurement of around 2,800 coaches for upgrading Mumbai's suburban rail network. To support its bid, the company plans to invest approximately INR 1,000 crore in a greenfield passenger coach manufacturing facility over the next year. The move aligns with India's broader push towards expanding mass transit and high-speed rail infrastructure. The company is also exploring partnerships with global players as it diversifies beyond freight wagons into passenger and metro segments.Read more

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Bengaluru traffic to ease with new roads, flyovers and metro extensions

Bangalore News Desk

01 Apr 2026

The Karnataka government has announced a comprehensive plan to reduce traffic congestion in Bengaluru by developing new roads, flyovers, tunnel routes, and double decker corridors at major entry and exit points of the city. Long-pending projects such as the Ejipura flyover are moving towards completion after contractor dues were cleared. Plans also include 300 km of roads alongside stormwater drains and proposals to extend Metro services to suburbs like Tavarekere. These measures aim to improve connectivity, reduce travel time, and integrate urban transit across the city.Read more

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Aircraft supply delays pose challenge as India pushes aviation growth and local manufacturing

01 Apr 2026

India's aviation sector is facing delays in aircraft deliveries due to global supply chain disruptions, with around 1,700 planes on order likely to take up to 15 years to be delivered. The government is addressing this through faster imports and a push for domestic manufacturing under national initiatives. Plans include joint ventures with global players and expansion of airport infrastructure. Demand for air travel continues to rise, increasing the need for pilots and connectivity. At the same time, new routes, airport upgrades, and future infrastructure targets reflect long-term growth plans for the aviation sector.Read more

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BHEL secures INR 13,500 crore NTPC contract for 2,400 MW Telangana Stage-II thermal power project

01 Apr 2026

Bharat Heavy Electricals Limited (BHEL) has secured a contract worth INR 13,500 crore from NTPC Limited for the main plant package of the 2,400 MW Telangana Stage-II thermal power project. The order, confirmed through a notification of award received in recent days, covers three units of 800 MW each. BHEL had emerged as the successful bidder for the project in late 2024. The scope includes design, engineering, manufacturing, supply, erection and commissioning of the plant, along with associated civil and structural works. The contract reflects continued public sector investment in large-scale power infrastructure to support growing energy demand.Read more

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Atal Setu crosses 20 million vehicle crossings, proving its role as Mumbai’s vital lifeline

01 Apr 2026

The Atal Setu, India's longest sea bridge, has surpassed 20 million vehicle crossings since its opening in January 2024. Serving as a key link between Sewri in South Mumbai and Chirle in Navi Mumbai, the bridge has reduced travel time from nearly an hour to under 20 minutes. Private cars make up over 91% of total traffic, with buses, trucks, and commercial vehicles also contributing significantly. Beyond easing commutes, Atal Setu has boosted commerce, cut fuel costs, and become a vital infrastructure lifeline for the Mumbai Metropolitan Region, demonstrating the impact of modern connectivity.Read more

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Mumbai's Aqua Line metro shows early infrastructure issues

Mumbai News Desk

01 Apr 2026

Mumbai's underground Aqua Line metro, spanning 33.5 km and 27 stations from Aarey JVLR to Cuffe Parade, built at an estimated INR 37,000 crore, is showing signs of wear within months of phased openings in late 2024 and late 2025. Commuters report cracked tiles, detached marble panels, leaks, damp walls, plumbing failures, malfunctioning elevators, and unsafe staircases. Several stations also have accessibility challenges and foul odours, raising concerns over construction quality, waterproofing, and long-term maintenance. Rider discomfort and safety risks are adding to questions about durability and operational standards.Read more

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Pune links building permissions to land surrender for road widening in bid to ease infrastructure delays

Pune News Desk

01 Apr 2026

The Pune Municipal Corporation (PMC) has introduced a new policy mandating developers to link building permissions with land acquisition for road widening, aimed at addressing persistent infrastructure bottlenecks. Under the rule, developers must submit proposals to surrender affected land within 15 days of applying for approvals and physically hand it over before construction reaches the plinth level. The move comes as Pune's road network remains underdeveloped, with only about 9% of land allocated to roads against a recommended 15%. With traffic concentrated on a limited network of arterial roads, the civic body is seeking to streamline land acquisition and reduce litigation. The policy is expected to play a key role in supporting planned road expansion and improving urban mobility.Read more

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Kanpur completes 252 development projects over nine years across key sectors

01 Apr 2026

Kanpur has achieved a significant development milestone, completing more than 252 projects since 2017 across sectors including housing, sanitation, healthcare, education, and social welfare, with a total investment of around INR 1,503.89 crore. Key initiatives such as the Kanpur Metro, Ring Road expansion, Smart City developments, and power projects have progressed alongside civic improvements. The city has also strengthened public safety, enhanced connectivity, and supported farmers through central schemes, demonstrating sustained infrastructure growth and social development under coordinated efforts by government officials and local authorities.Read more

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Navi Mumbai International Airport expands operations with first summer schedule

31 Mar 2026

Navi Mumbai International Airport, inaugurated in December last year, is significantly increasing its operations in its first summer schedule. Daily departures will rise from 22 to 78, totaling 1,092 weekly flights. The expansion includes connections to 46 domestic destinations, with 30 new routes covering commercial, tourist, and religious hubs. Key routes with highest frequency include Delhi, Goa, Bengaluru, and Kochi. This growth reflects the airport's rapid operational scaling and aims to provide better connectivity while easing pressure on existing Mumbai airports.Read more

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ONGC begins gas production from offshore Daman Upside Development Project near Mumbai

31 Mar 2026

Oil and Natural Gas Corporation has commenced gas production from its Daman Upside Development Project (DUDP) in the Arabian Sea, marking a key addition to domestic energy supply. The offshore project, located around 180 km north-west of Mumbai and 80 km south of Pipavav, Gujarat, has started monetisation through a newly commissioned platform. The development is expected to produce 21.5 billion cubic metres of gas, with peak output projected at 5 million standard cubic metres per day. Executed within two years, the project includes multiple wellhead platforms and pipeline infrastructure connecting to the Hazira processing facility, supporting India's efforts to enhance energy security amid global supply uncertainties.Read more

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