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%

Asset class : Infrastructure

Centre begins identifying new hydropower sites in Jammu and Kashmir

19 Mar 2026

The Centre has started identifying new locations in Jammu and Kashmir for hydropower projects to boost electricity generation and meet rising demand. Alongside this, it is reviewing proposals to divert water to northern states through canal and tunnel networks. Work has resumed on previously stalled projects, while desilting efforts are being carried out to improve reservoir efficiency. The move is part of a broader strategy to expand renewable energy capacity, supported by thermal and nuclear power to ensure stable supply and long-term energy security.Read more

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BMC to prepare local area plans around Metro 3 stations for better urban planning

Mumbai News Desk

19 Mar 2026

The Brihanmumbai Municipal Corporation has proposed preparing Local Area Plans (LAPs) for neighbourhoods around all 27 stations of Mumbai Metro Line 3 to improve land use, traffic management, and infrastructure planning. The first phase will cover four stations at a cost of about INR 1.37 crore. The study will include surveys, satellite mapping, and infrastructure assessments. The plans aim to guide development, improve last-mile connectivity, and ensure better integration of transport and urban growth. The full exercise is expected to be completed by 2028.Read more

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Titagarh Rail Systems expands shipbuilding with INR 550 crore investment supported by government subsidy

19 Mar 2026

Titagarh Rail Systems Ltd's subsidiary, Titagarh Naval Systems Ltd, is set to expand its shipyard in West Bengal with an investment of INR 550 crore, partly funded by a 25 % capital subsidy under the government's Shipbuilding Development Scheme. The expansion includes a new dry dock and slipway to construct Medium Range tankers. Since entering shipbuilding in 2016, the company has delivered over 35 vessels to clients including the Indian Navy and NIOT. The subsidiary's upgraded capacity will support 15-18 vessels annually, strengthening India's domestic shipbuilding industry and leveraging strategic partnerships for growth.Read more

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Cargo Matters to invest INR 66 crore in smart EV charging network across South India

19 Mar 2026

Cargo Matters has announced a major investment of INR 66 crore to establish over 550 smart, solar-integrated EV charging stations across Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, and Kerala. Partnering with TRYK Charge Services LLP, the network will feature 360 kW DC fast chargers and standard AC options, aiming to address infrastructure gaps in commercial logistics and passenger transport. The stations will be managed via a unified Charge Point Operator platform, integrating existing third-party chargers and introducing an RFID-based charging card to simplify access, enhancing both operational efficiency and user experience.Read more

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GLADA issues notices to 43 Ludhiana property owners for unauthorised construction

Ludhiana News Desk

18 Mar 2026

The Greater Ludhiana Area Development Authority (GLADA) has intensified its efforts against unauthorised construction in the Shaheed Sukhdev Singh Nagar colony and nearby residential areas. Notices have been issued to 43 property owners for converting residential plots into commercial structures like shops and medical facilities without proper approvals. The authority has begun cancelling sanctioned building plans and is considering stricter actions, including property sealing and demolition. Residents and buyers are urged to verify approvals on the official website before purchasing property to avoid violations and legal issues.Read more

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Schneider Electric partners with Tata Power to digitise Western Odisha's power distribution

18 Mar 2026

Schneider Electric and Tata Power Western Odisha Distribution Limited are collaborating to digitise and modernise power infrastructure in Western Odisha. Seventy-five substations have been upgraded, serving more than 2.1 million customers across nine districts. The project improves grid efficiency, supports renewable energy integration, and reduces technical losses, contributing to a lower carbon footprint. TPWODL, a joint venture between Tata Power and the Odisha government, continues to provide safe and reliable electricity, demonstrating how digitalisation is enhancing sustainable energy systems in the region.Read more

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WeWork India signs lease for new workspace capacity in Bengaluru

18 Mar 2026

WeWork India Management Ltd has taken a step to expand its presence in Bengaluru by entering into a new lease agreement for additional workspace capacity. The company plans to add around 2,327 desks under this development, with an estimated investment of about INR 320 million. This move reflects steady demand for flexible office spaces in key commercial markets, especially in Bengaluru, which remains one of India's largest office hubs. The expansion also aligns with the company's ongoing strategy to strengthen its footprint in high-demand micro-markets.Read more

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HD Hyundai plans USD 4 billion shipyard project in Tamil Nadu

18 Mar 2026

HD Hyundai is moving ahead with a large greenfield shipyard project in Tamil Nadu with an estimated investment of around USD 4 billion, doubling its earlier plan. The facility is expected to come up in the Thoothukudi region and will focus on building commercial and cargo vessels. The project is part of the company's long-term strategy to expand in India and aligns with the country's push to strengthen its shipbuilding industry. It also reflects increasing global interest in India as a manufacturing and maritime hub.Read more

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Solstice Data to invest INR 52,600 crore in Kerala data centre project

18 Mar 2026

Solstice Data has committed an investment of INR 52,600 crore to develop a large data centre project in Kerala, marking a major boost to the state's digital infrastructure sector. The project will come up at KINFRA Industrial Park in Kannur across nearly 100 acres and will be executed in multiple phases over the next few years. Focused on artificial intelligence and high-performance computing, the development is expected to create jobs and support Kerala's plans to attract global technology investments and strengthen its position in the data centre ecosystem.Read more

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Union Bank of India plans INR 20,000 crore bond issue to fund infrastructure and housing projects

18 Mar 2026

Union Bank of India has received board approval to raise INR 20,000 crore through the issuance of long-term infrastructure bonds. The fund-raising initiative aims to support infrastructure development and affordable housing projects. Of this, the bank may target INR 7,500 crore through bonds with a 10-year tenor before the end of the current financial year. Additionally, the board approved the launch of green or sustainable bonds up to INR 5,000 crore. This move reflects the bank's focus on sustainable growth and development funding in key sectors.Read more

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Gadkari calls for greater use of municipal waste in road construction to conserve natural resources

18 Mar 2026

Nitin Gadkari has advocated increased utilisation of municipal and legacy waste in road construction to reduce dependence on natural resources. Speaking at an event in New Delhi, he indicated that the government has already processed around 80 lakh tonnes of waste, including material from landfill sites such as Ghazipur landfill. The processed waste has been deployed in infrastructure projects including the Delhi-Mumbai Expressway and Delhi-Dehradun Expressway. The initiative is positioned as a step towards sustainable construction practices while addressing urban waste management challenges.Read more

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Tripura presents tax-free deficit budget focusing on infrastructure, digital growth, and rural employment

18 Mar 2026

Tripura's Finance Minister, Pranajit Singha Roy, presented a tax-free budget of INR 34,212.31 crore for FY 2026-27, marking a 5.52% increase over last year. The budget anticipates a deficit of INR 240.72 crore while prioritising capital expenditure, projected at INR 8,945.92 crore, to boost infrastructure and employment. Key initiatives include digital transformation, rural development, and the establishment of a technical university, medical university, and women's university. Around INR 15,000 crore has been earmarked for tribal welfare, reflecting an inclusive approach despite resource constraints.Read more

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MHADA to accelerate redevelopment of ageing housing layouts in Mumbai, Pune and Nashik

18 Mar 2026

The Maharashtra Housing and Area Development Authority (MHADA) is planning to push redevelopment of several ageing housing layouts across Mumbai, Pune and Nashik to improve housing conditions and create additional supply in established urban areas. Many of these layouts are over four decades old and require redevelopment to upgrade infrastructure and living standards. At the same time, MHADA is working on a rental housing policy aimed at improving access to accommodation in cities. Strong response to housing lotteries and higher redevelopment premiums have improved the authority's financial position, enabling it to expand redevelopment and housing initiatives across Maharashtra.Read more

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Ecofy raises INR 380.5 crore to expand green finance services in India

18 Mar 2026

Ecofy, a leading non-banking financial company focused on green finance, has raised INR 380.5 crore in equity to support its expansion in sustainable lending across rooftop solar, electric vehicles, and SME financing. The funding round included new participation from British International Investment (BII) and Finnfund Digital Access Impact Fund I (DAIF), alongside continued backing from existing investor Eversource Capital. With this capital infusion, Ecofy's capital adequacy ratio is expected to rise to around 50 per cent. In three years, the company has served over 1,20,000 customers in India.Read more

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Ezeefit Office Systems launches e-commerce platform for ready-to-use modular office furniture

18 Mar 2026

Ezeefit Office Systems, part of Ezeefit Modular Furniture Pvt. Ltd., has introduced a dedicated e-commerce vertical, Modular Furniture Store, offering factory-direct modular office furniture across India. Designed for the modern hybrid workforce, the platform provides reconfigurable workstations, privacy booths, and storage systems that can be quickly assembled without on-site carpentry. Featuring ergonomic design, integrated power modules, and advanced cable management, the store emphasizes efficiency and flexibility. The initiative combines Ezeefit's manufacturing expertise with AI-driven digital tools, enabling businesses to plan, customize, and set up professional offices in hours rather than months.Read more

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Maharashtra plans IT park near Purandar airport to create jobs and support Pune’s tech growth

18 Mar 2026

The Maharashtra government has announced plans to develop a large IT park near the proposed Purandar international airport in Pune district. The project is expected to generate nearly one lakh jobs and support the expansion of the region's technology sector. The state government is considering around 1,500 acres of government land in villages such as Dive, Chambali and Kodit for the development. Officials said the project will move forward after land transfer formalities and cabinet approval. The proposed IT park is also intended to ease pressure on Pune's existing Hinjewadi IT hub.Read more

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Andhra Pradesh to develop East-West cargo corridor through new ports

18 Mar 2026

Andhra Pradesh is moving ahead with plans to position itself as a key East-West cargo corridor. The Chief Minister has directed officials to start cargo handling operations at the newly built Mulapeta, Machilipatnam, and Ramayapatnam ports, aiming to route goods from inland states like Odisha, Chhattisgarh, Madhya Pradesh, Maharashtra, Telangana, and Karnataka. With rail connectivity to the Kadapa steel plant and upcoming industrial townships near the ports, the state aims to boost trade and economic activity. Fishing harbours are also planned at regular intervals to strengthen the logistics network.Read more

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Mumbai residents seek stronger action against construction pollution and noise

Mumbai News Desk

18 Mar 2026

Residents from western suburbs of Mumbai approached Mayor Ritu Tawde earlier this week to address concerns over pollution and noise from construction sites. Representing communities including Gulmohar, JVPD, Santacruz, Bandra, and Pali Hill, nearly 2,000 residents highlighted worsening air quality, excessive noise, and weak enforcement of construction norms. They urged the Brihanmumbai Municipal Corporation (BMC) to regulate construction hours, implement dust control measures, improve noise monitoring, and appoint a dedicated nodal officer to handle complaints. Their engagement reflects growing citizen demand for healthier and safer urban living.Read more

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PM launches INR 23,550 crore road and connectivity projects in Assam’s Silchar

18 Mar 2026

Prime Minister Narendra Modi recently launched and laid the foundation stone for infrastructure projects worth about INR 23,550 crore in Silchar, Assam, focusing mainly on road connectivity in the Barak Valley region. The key project includes the foundation stone for the INR 22,864 crore Shillong Silchar high-speed corridor, aimed at improving regional connectivity and reducing travel time. Another major initiative is the INR 565 crore elevated corridor on National Highway-306 within Silchar city. The projects are expected to reduce congestion, strengthen transport links with neighbouring northeastern states, and support trade and economic activity in southern Assam.Read more

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Sunsure Energy secures INR 606 crore debt financing to boost solar projects in Maharashtra and Uttar Pradesh

18 Mar 2026

Sunsure Energy has raised INR 606.22 crore in debt financing from Aseem Infrastructure Finance Limited and RBL Bank to support multiple solar projects across Maharashtra and Uttar Pradesh. The funds will back over 242 MWp of solar capacity, producing around 300 million units of clean electricity annually and reducing nearly 230,000 tonnes of CO emissions each year. The projects will supply renewable energy to commercial and industrial consumers through long-term Power Purchase Agreements. The financing also marks the start of Sunsure Energy's project funding relationship with RBL Bank while strengthening its ongoing partnership with Aseem Infrastructure Finance.Read more

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