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

Reliance plans Jamnagar refinery shutdown from late May

11 May 2026

Reliance Industries Ltd is set to undertake a scheduled maintenance shutdown at part of its Jamnagar refinery complex in Gujarat later this month, with the exercise expected to continue for three to four weeks. The shutdown will involve a crude distillation unit and certain secondary processing units at the company’s 660,000 barrels-per-day refinery catering primarily to the domestic fuel market. The maintenance programme is being staggered alongside refinery operations at Nayara Energy to avoid disruption in domestic fuel availability amid geopolitical uncertainty in West Asia and pressure on global shipping routes. Government officials stated that refinery shutdowns across India are being coordinated to ensure uninterrupted supplies of petrol, diesel and LPG while maintaining operational safety and equipment reliability.Read more

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Matrix Geo to deploy digital twin technology for broad gauge rail corridor project

11 May 2026

Matrix Geo Solutions has been assigned a project by the Ajmer Division of Indian Railways to deploy Digital Twin technology for a new broad gauge railway corridor between Taranga Hill and Abu Road via Ambaji. The company will carry out drone-based LiDAR surveys to collect detailed terrain data, which will be used for topographic mapping and engineering analysis. It will also develop a 3D Digital Twin of the existing landscape along with a model of the proposed railway alignment, including bridges, tunnels, and stations, to improve planning accuracy and coordination.Read more

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Tender issued for Raxaul airport redevelopment to strengthen connectivity in Bihar’s border region

11 May 2026

The Bihar government has initiated the redevelopment process for Raxaul Airport with the issuance of a tender for engineering consultancy services related to runway and airside infrastructure development. Announcing the move earlier this week, Samrat Choudhary said the project is aimed at improving regional, national and international connectivity in Bihar’s border districts adjoining Nepal. The redevelopment proposal includes construction of key aviation infrastructure such as the runway, apron and taxiway. The project is expected to support trade, tourism and economic activity in the Champaran region while strengthening aviation connectivity in northern Bihar. The airport, which has remained non-operational for decades, forms part of the state’s broader infrastructure and regional connectivity expansion strategy.Read more

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Metro Line 5A extension approved at INR 4,063 crore to connect Ulhasnagar with Sindhu Nagar station

11 May 2026

The Maharashtra government has approved an extension of Metro Line 5A at an estimated cost of INR 4,063 crore, adding a key link to Sindhu Nagar in Ulhasnagar. The project is aimed at improving suburban connectivity in the Mumbai Metropolitan Region by integrating underserved areas into the metro network. The extension is expected to enhance last-mile access, reduce dependence on road-based transport and support transit-oriented development in Ulhasnagar. The approval forms part of ongoing efforts to expand metro infrastructure across the region to address rising commuter demand and urban growth pressures.Read more

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Royal Enfield to invest INR 2,200 crore in manufacturing facility and vendor park in Andhra Pradesh

11 May 2026

Royal Enfield will invest INR 2,200 crore to establish a motorcycle manufacturing facility and vendor park at Satyavedu in Andhra Pradesh’s Tirupati district, marking the company’s first major manufacturing expansion outside Tamil Nadu. The proposal was approved by the State Investment Promotion Board chaired by N. Chandrababu Naidu earlier this week. The project is expected to generate around 5,000 direct and indirect jobs while adding nearly nine lakh units to the company’s production capacity. The development includes a dedicated vendor ecosystem aimed at strengthening automobile manufacturing activity in southern Andhra Pradesh and supporting creation of a larger industrial cluster near the Andhra Pradesh–Tamil Nadu border.Read more

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Maharashtra to develop 60 model property registration offices under VFS Global-led consortium

10 May 2026

The Maharashtra government has appointed a consortium led by VFS Global to modernise property registration infrastructure through the development of 60 model sub-registrar offices across the state. The initiative aims to improve service delivery, reduce transaction timelines and enhance transparency in property registration processes. The upgraded offices will incorporate digital systems, standardised layouts and improved citizen interfaces. The project is part of broader efforts to streamline land and property transactions in one of India’s largest real estate markets, where registration efficiency plays a critical role in transaction volumes and revenue generation.Read more

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MP Metro opens trains and stations for events to boost utilisation amid low ridership

10 May 2026

Madhya Pradesh Metro Rail Corporation Limited has introduced a programme allowing private events such as birthday parties, pre-wedding shoots and film productions on metro coaches and station premises in Indore and Bhopal. The ‘Celebrations on Wheels’ initiative comes as metro services in both cities report lower-than-expected ridership. The scheme permits use of stationary and moving coaches for a fee, with defined capacity limits and security deposits. Authorities stated that the move is aimed at improving public engagement with metro infrastructure while generating additional non-fare revenue from existing assets within the urban transport network.Read more

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Ambuja Cements reports sharp profit rise driven by tax credit and record sales volumes

10 May 2026

Ambuja Cements, part of the Adani Group, reported a nearly threefold rise in quarterly profit, supported mainly by a significant tax credit and record-high cement sales volumes. The company saw strong demand from infrastructure activity, pushing sales to its highest-ever quarterly level. Revenue also grew modestly during the period. However, rising input costs such as fuel, diesel, and packaging impacted margins. While industry demand showed steady growth during the quarter, analysts expect moderation ahead due to seasonal factors and broader geopolitical concerns affecting cost structures and demand outlook.Read more

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Road upgrades near IGI Airport accelerated ahead of India–Africa Forum Summit to improve connectivity and traffic flow

10 May 2026

Authorities in Delhi have initiated major road infrastructure upgrades around Indira Gandhi International Airport in preparation for the upcoming India–Africa Forum Summit. The works include road widening, resurfacing, improved signage, drainage systems and traffic management measures aimed at easing congestion and ensuring smoother movement for delegates. Key arterial routes connecting the airport to central and diplomatic zones are being prioritised. The upgrades are part of a broader urban infrastructure push to enhance city readiness for international events while addressing long-standing traffic bottlenecks in one of the capital’s busiest transit corridors.Read more

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Bihar introduces digital correction system to address property registration errors and streamline land records

09 May 2026

The Bihar government has introduced a digital mechanism to enable faster correction of errors in registered property documents, aiming to reduce delays and improve accuracy in land records. The system, rolled out in the past week, allows property owners to apply online for rectification of mistakes such as name discrepancies, typographical errors, and incorrect details in registered deeds. Officials stated that the initiative is designed to minimise reliance on manual processes and reduce the need for repeated visits to registration offices. The move forms part of broader efforts to digitise land administration and enhance transparency, particularly in a state where property-related documentation issues have historically led to disputes and transaction delays.Read more

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