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

Mumbai University plans 12 new skill-based colleges under 2027–28 expansion roadmap

Mumbai News Desk

15 Jul 2026

Mumbai University has approved plans to establish 12 new skill-based colleges during the 2027–28 academic year, including five institutions in Mumbai, as part of its five-year perspective plan aimed at aligning higher education with industry requirements under the National Education Policy (NEP) 2020. The proposed colleges will offer vocational and employment-oriented programmes tailored to regional economic needs across Mumbai, Thane, Raigad, Ratnagiri, Sindhudurg and Palghar. The initiative seeks to enhance employability, improve access to higher education and strengthen the university's role in developing a skilled workforce for emerging sectors.Read more

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Maharashtra plans Urban Challenge Fund to unlock INR 44,800 crore for city infrastructure projects

15 Jul 2026

The Maharashtra government is planning to establish an Urban Challenge Fund to strengthen urban infrastructure and improve governance across cities. The proposed initiative aims to help urban local bodies overcome financial and administrative hurdles by encouraging innovative funding models, including municipal bonds and public-private partnerships. The fund is expected to support projects across 22 focus areas such as digital governance, mobility, redevelopment, water supply and sanitation. Maharashtra is targeting projects worth INR 44,800 crore under the initiative with financial support from the Centre, the state and market-based funding.Read more

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BMC targets August-end completion of Vidyavihar railway flyover

Mumbai News Desk

15 Jul 2026

• The Brihanmumbai Municipal Corporation (BMC) has set August 31, 2026, as the deadline for completing the Vidyavihar railway flyover, which is expected to improve east-west connectivity in Mumbai's eastern suburbs.
• Around 80% of the project has been completed, with the remaining works including girder installation, deck slab construction, lighting and safety infrastructure.
• The civic body has also directed contractors to accelerate work on the Mankhurd-Maharashtra Nagar flyover, targeting completion by May 2027.
• Both projects are expected to ease traffic congestion, improve connectivity and reduce travel time for daily commuters.
Read more

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Yogi Adityanath reviews Varanasi projects, directs faster completion ahead of Shravan

15 Jul 2026

Uttar Pradesh Chief Minister Yogi Adityanath reviewed the progress of key development projects, law and order arrangements, and preparations for the upcoming Shravan month in Varanasi. He instructed officials to complete ongoing infrastructure works on time while maintaining quality standards. The review covered the ropeway project, Jal Jeevan Mission works, road restoration, traffic management, sanitation, healthcare, security, and civic facilities for devotees. The Chief Minister also stressed better coordination among departments to ensure smooth execution of development works and uninterrupted public services during the religious season.Read more

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HFCL secures INR 495.8 crore export order for data centre connectivity solutions

15 Jul 2026

HFCL has secured an export order worth approximately USD 51.98 million (INR 495.8 crore) from an international data centre company to supply optical fibre cable-based connectivity solutions. The contract, awarded through the company's overseas wholly owned material subsidiary, is scheduled for execution by December 2026. The order follows HFCL's recent launch of its OptiQ AI data centre solutions portfolio and comes as the company expands its optical fibre manufacturing capacity. HFCL also reported a record order book of INR 13,483 crore for its Optical Fibre Cable (OFC) business during the previous financial year, reflecting growing demand for fibre connectivity infrastructure.Read more

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Gadkari says hydrogen trials underway on 10 routes to support cleaner transport

15 Jul 2026

Union Road Transport and Highways Minister Nitin Gadkari has said the government is conducting hydrogen fuel trials on 10 transport routes across India as part of its efforts to promote cleaner mobility. Speaking at the Prawaas 5.0 and Bharat Prawaas Awards in Gandhinagar, he described hydrogen as the future fuel for the transport sector and highlighted ongoing initiatives in alternative fuels, road safety, electric mobility and bus manufacturing. Gadkari also called for higher domestic bus production, lower charging costs for electric vehicles, faster approvals for bus body manufacturers and greater private investment in bus terminals to strengthen India's public transport ecosystem.Read more

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Amaravati phase-I construction remains on schedule, Andhra Pradesh targets completion by 2027

15 Jul 2026

• Phase-I development works in Amaravati are progressing as scheduled and are expected to be completed by 2027, according to Andhra Pradesh Municipal Administration and Urban Development Minister P. Narayana.
• The review covered government complexes, road infrastructure and Land Pooling Scheme (LPS) layouts, with officials reporting that key projects such as MLA quarters have been completed while several other buildings are nearing completion.
• The state government reiterated its commitment to developing Amaravati as Andhra Pradesh's sole capital, dismissing criticism over project delays and maintaining that construction is progressing according to the approved master plan.
• Amaravati's first phase forms part of a broader capital city development programme involving major administrative buildings, transport infrastructure and civic amenities, with the Centre also supporting the project through approved government office infrastructure.
Read more

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Uttar Pradesh outlines 22-expressway plan and 8,000-acre industrial land pipeline at RAHSTA Expo

15 Jul 2026

Uttar Pradesh showcased its infrastructure-led development strategy at the 16th RAHSTA Expo, with senior government officials highlighting plans to expand the state's expressway network, industrial corridors and digital infrastructure. The state currently has 22 expressways at various stages of planning and development, including nine operational, while the Uttar Pradesh State Industrial Development Authority (UPSIDA) is developing an 8,000-acre industrial land pipeline alongside over 5,000 acres of readily allotable land. National Highways Authority of India (NHAI) officials also outlined the country's highway development roadmap for 2026-27, focusing on technology adoption, digital project planning, asset monetisation and the construction of 5,000 km of national highways.Read more

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India strengthens manufacturing position as global supply chains shift beyond China: Assocham

14 Jul 2026

India is emerging as one of the key beneficiaries of the global shift in manufacturing as companies diversify supply chains beyond China, according to an Assocham study. The report said India's manufacturing growth has improved significantly since the pandemic, supported by policy reforms, rising investor confidence and infrastructure development. It highlighted that the country's manufacturing growth has moved above the global average, placing India in a stronger position to attract investments. The study also stressed the need to further improve logistics, industrial infrastructure and supplier networks to strengthen India's role in global value chains.Read more

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REC signs INR 15,000 crore financing agreements for power and renewable energy projects in Tripura

14 Jul 2026

State-owned REC Ltd has signed two Memoranda of Understanding (MoUs) with the Government of Tripura to provide financing of up to INR 15,000 crore for power and renewable energy projects in the state. Signed during the Destination Tripura Business Conclave 2026, the agreements include funding support of up to INR 5,000 crore for renewable energy projects through the Tripura Renewable Energy Development Agency (TREDA) and up to INR 10,000 crore for power infrastructure projects through the Tripura State Electricity Corporation Ltd (TSECL). The partnerships are intended to strengthen the state's electricity network while supporting renewable energy deployment and sustainable infrastructure development.Read more

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