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

Bhangel Elevated Road set for noise-control upgrade in Noida

Noida News Desk

03 Jun 2026

• The Noida Authority has floated a tender worth INR 18.8 crore to install sound barriers along the Bhangel Elevated Road.
• The project aims to reduce traffic-related noise for residential neighbourhoods and institutions located along the corridor.
• Authorities expect the intervention to improve the urban environment around one of the city’s busiest elevated road stretches.
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Trichy pushes for INR 350 crore runway expansion at international airport

03 Jun 2026

• A proposal seeking INR 350 crore from the Airports Authority of India (AAI) has been submitted to extend the runway at Tiruchirappalli International Airport.
• The project aims to enhance aircraft operations and support rising passenger and cargo traffic.
• Stakeholders believe the expansion will strengthen Trichy’s role as a major aviation hub in central Tamil Nadu.
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Trichy begins construction of new canal bridge to ease Vayalur Road congestion

02 Jun 2026

• The Tiruchirappalli City Corporation has commenced work on a new motorable bridge across the Uyyakondan Canal at an estimated cost of INR 1.1 crore.
• The project is aimed at improving traffic movement and reducing congestion along the busy Vayalur Road corridor.
• Once completed, the bridge is expected to strengthen local connectivity and provide an alternative route for commuters in the surrounding neighbourhoods.
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Lowry Road underbridge works trigger phased traffic restrictions across KR Puram–Whitefield route in Bengaluru

02 Jun 2026

• South Western Railway has initiated scheduled maintenance works at the Lowry Road Underbridge (RUB) near KR Puram in Bengaluru in early June 2026, triggering phased traffic restrictions across key eastern corridors.
• Traffic movement is impacted across KR Puram, Ramamurthy Nagar, ITI Colony, ITPL and Whitefield, which together form a major residential and IT commuting network.
• Authorities have implemented diversions via the KR Puram cable-stayed bridge and adjoining arterial roads, with both full and partial closures planned between June 4 and June 9, including limited night-time restrictions.
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Mega furniture manufacturing hub planned near Gudur with INR 3,500 crore investment

02 Jun 2026

• Andhra Pradesh is planning a INR 3,500 crore furniture manufacturing hub near Gudur.
• The proposed cluster is expected to support large-scale furniture production and attract domestic and international investment.
• Officials said the project will focus on strengthening manufacturing infrastructure, employment generation and industrial development.
• The initiative forms part of the state’s broader strategy to expand industrial clusters and boost manufacturing-led economic growth.
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Belagavi’s INR 223-crore Terminal 2 nears completion, set to boost regional connectivity

02 Jun 2026

• Belagavi Airport’s new Terminal 2 is nearing completion, bringing a major upgrade to aviation infrastructure in northern Karnataka.
• Developed at an estimated cost of INR 223 crore, the terminal blends modern facilities with architectural elements inspired by the region’s heritage.
• The project is expected to enhance passenger handling capacity and strengthen Belagavi’s role as a key regional aviation hub.
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NHAI clears Kurukshetra bypass project, land acquisition set to begin

02 Jun 2026

• The National Highways Authority of India (NHAI) has cleared the Kurukshetra bypass project, paving the way for the start of land acquisition activity.
• The proposed bypass spans around 28 km and is aimed at easing congestion on existing highway routes passing through Kurukshetra.
• The project is part of a broader set of road infrastructure approvals aimed at improving connectivity across Haryana’s highway network.
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Tata Power launches rooftop solar campaign in Uttar Pradesh, targets 3 lakh installations in three years

02 Jun 2026

• Tata Power Solar Rooftop has launched the ‘Ghar Ghar Solar’ campaign in Uttar Pradesh in partnership with Tata Power Battery Storage.
• The initiative aims to accelerate rooftop solar adoption and provide households with round-the-clock clean energy solutions.
• The company plans to install 3 lakh rooftop solar systems across the state over the next three years, targeting 1,000 MWp of cumulative capacity.
• The programme combines rooftop solar, battery storage and financing options to make clean energy more accessible and affordable.
• Uttar Pradesh offers subsidies of up to INR 1.08 lakh for systems up to 3 kW through combined central and state government incentives.
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Simplex Castings posts 18% revenue growth in FY26 as RDSO approval supports railway business expansion

02 Jun 2026

• Bhilai-based Simplex Castings reported FY26 revenue of INR 202.9 crore, reflecting an 18% year-on-year increase.
• Profit after tax rose by more than 40% to INR 21.26 crore, while EBITDA grew over 20% during the financial year.
• The company secured approval from the Research Designs & Standards Organisation (RDSO) to undertake prototype testing of railway wagon components and CASNUB bogies.
• Management expects the railway business to contribute around INR 50 crore in revenue by the end of FY27 and over INR 100 crore by the end of FY28.
• Capital expenditure has commenced at manufacturing facilities to support participation in railway procurement programmes and future expansion.
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PM Surya Ghar scheme reaches 40 lakh households as rooftop solar adoption gains momentum

02 Jun 2026

• The Centre's PM Surya Ghar: Muft Bijli Yojana has achieved rooftop solar installations across 40 lakh households nationwide.
• Union Minister for New and Renewable Energy Pralhad Joshi announced the milestone on May 29.
• The scheme aims to solarise one crore households by March 2027 through subsidised rooftop solar systems.
• The initiative is intended to help households lower electricity expenditure, access government subsidies and reduce dependence on conventional power sources.
• Launched in February 2024, the programme seeks to expand distributed renewable energy generation by enabling consumers to produce electricity at the household level.
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