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 Foundation-backed coastal road landscaping plan targets 60,000 trees across Mumbai shoreline

Mumbai News Desk

26 May 2026

The Brihanmumbai Municipal Corporation has begun landscaping and plantation work along the Mumbai Coastal Road project, with plans to plant nearly 60,000 trees across reclaimed open spaces over the next two years. Around 15,000 trees are targeted before the monsoon season, with work underway in Worli and Breach Candy. The initiative is being implemented under a corporate social responsibility programme led by Reliance Foundation to develop gardens, promenades and recreation zones along the corridor. Plantation targets linked to the project were also referenced in a public communication released by the foundation earlier this year, aligning with details cited in civic planning documents and multiple media reports.Read more

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Delhi PWD to roll out QR code system for road complaints and maintenance tracking

26 May 2026

Delhi’s Public Works Department (PWD) is set to introduce a QR code-based road grievance management system under its ‘Know Your Road’ initiative to improve transparency and public access to road maintenance information. The project will cover nearly 1,400 km of PWD-managed roads across the capital. Citizens will be able to scan QR codes installed on road signboards to check contractor details, maintenance history and complaint status, while also registering complaints directly without downloading an app. The department has approved a tender for the project and plans to begin with a pilot at 100 locations before expanding it across Delhi.Read more

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Indian Railways plans INR 40,000 crore wagon tender as freight expansion drives manufacturing push

26 May 2026

• Indian Railways is planning a mega tender worth around INR 40,000 crore for procurement of nearly 100,000 freight wagons.
• The proposed tender is aimed at supporting freight capacity expansion, improving logistics movement and increasing rail freight share nationally.
• Wagon manufacturers are expected to benefit from long-term production visibility and higher utilisation of expanded manufacturing capacities.
• The procurement plan aligns with broader railway infrastructure and freight corridor expansion strategies under the National Rail Plan.
Read more

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UP pushes industrial expansion in YEIDA region with fresh allotment deals

26 May 2026

• The Uttar Pradesh government has issued fresh allotment letters to companies for projects in the YEIDA region near the upcoming Noida International Airport.
• The proposed developments are expected to attract investments worth nearly INR 6,000 crore and generate around 10,000 jobs.
• The allotments form part of the state’s broader strategy to strengthen industrial, logistics and commercial growth along the Yamuna Expressway corridor.
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Indian Railways clears INR 993 crore Arakkonam-Chengalpattu rail doubling project

25 May 2026

• Indian Railways has approved the INR 993 crore Arakkonam-Chengalpattu doubling project covering nearly 68 km under Southern Railway.
• The project is aimed at easing congestion on Chennai’s suburban rail network while improving punctuality, operational efficiency and train frequency.
• The corridor connects major industrial and manufacturing hubs including Sriperumbudur, Oragadam and Irungattukottai, while also supporting freight movement and the proposed Parandur airport region.
Read more

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Delhi Metro Phase IV corridors set for launch by December as Phase V expansion moves ahead

25 May 2026

• Delhi Metro is expected to operationalise three new corridors under Phase IV by December, including extensions of the Magenta and Pink Lines.
• The Aerocity–Tughlakabad corridor will improve airport connectivity and strengthen metro access across south Delhi.
• DMRC has also received approvals for additional Phase IV routes including Inderlok–Indraprastha and Rithala–Narela–Nathupur corridors.
• The Centre earlier approved Phase V(A) projects worth INR 12,014.91 crore to further expand Delhi Metro connectivity.
• The metro expansion is expected to improve daily commuting, reduce road congestion and support residential and commercial growth along new corridors.
Read more

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NHAI partners with Norway’s NGI to strengthen tunnel and slope safety expertise for highway projects

25 May 2026

The National Highways Authority of India (NHAI) has signed a memorandum of understanding (MoU) with the Norwegian Geotechnical Institute (NGI), Norway, to enhance technical capabilities in national highway infrastructure development. The partnership focuses on tunnel engineering, slope stability analysis, safety monitoring and infrastructure risk mitigation. Under the agreement, NGI will support feasibility studies, Detailed Project Reports (DPRs), tunnel safety audits and advanced geotechnical assessments. The collaboration will also include the use of InSAR-based slope monitoring and early warning systems. The move comes as India continues to expand highway connectivity in hilly and geologically sensitive regions.Read more

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Pune’s 54 km underground road proposal gains momentum

25 May 2026

• The Maharashtra government plans to set up an expert committee to accelerate Pune’s proposed underground road network project spanning nearly 54 km across the city.
• The proposed tunnel corridors are aimed at reducing traffic congestion, improving east-west connectivity and easing pressure on key arterial roads in Pune.
• Authorities are evaluating technical feasibility, alignment planning, funding models and integration with wider mobility and urban infrastructure projects across the city.
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Mahayuti proposes underground parking hubs across Mumbai’s 27 wards under BMC mobility plan

25 May 2026

The BJP-led Mahayuti alliance in the Brihanmumbai Municipal Corporation has proposed one underground parking facility in each of Mumbai’s 27 wards as part of its congestion management plan. The parking hubs are proposed beneath gardens and playgrounds to address parking shortages without additional land acquisition in densely populated areas. The proposal was included in the alliance’s 100-day municipal report released on 22 May, with civic officials stating that corporators, MLAs and ward authorities have been asked to identify suitable plots in line with Development Control and Promotion Regulations provisions.Read more

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Brookfield-backed Rapid Holdings sells Energy Infrastructure Trust units worth INR 231 crore on BSE

25 May 2026

• Rapid Holdings 2 Pte Ltd, backed by Brookfield Asset Management, sold over 3.04 crore units of Energy Infrastructure Trust through a block deal on the BSE.
• The transaction was valued at around INR 231.34 crore and executed at an average price of INR 76.10 per unit.
• Tara Investments 2 (Incorporated VCC Sub-Fund) purchased the same number of units in a matching deal.
• Energy Infrastructure Trust units ended flat at INR 76.70 on the BSE after the transaction.
• The deal comes amid continued institutional interest in India’s InvIT and infrastructure investment segment.
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