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

Goregaon flyover extension nears completion after eight years with rising costs

Mumbai News Desk

31 Mar 2026

The 750-metre extension of the Mrinaltai Gore Flyover in Goregaon, Mumbai, which began nearly eight years ago, is now around 80% complete and expected to open by mid-May 2026. Originally estimated at INR 170.82 crore, the project's cost has risen to INR 247 crore due to design changes, added noise barriers, resurfacing work, and delays caused by congested traffic, COVID-19 labor shortages, and site-specific constraints. Civic leaders have raised concerns over budget escalation and planning gaps, while residents anticipate that the extension will significantly ease traffic congestion along Western Express Highway and Link Road.Read more

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Madhya Pradesh to expand airport network to 10 in two years

31 Mar 2026

Madhya Pradesh is set to expand its aviation network by increasing the number of airports from eight to ten over the next two years. New airports in Ujjain and Shivpuri are under development, while several airstrips are being considered for upgrades under the regional connectivity plan. The state is also improving existing infrastructure, including the upgraded terminal at Devi Ahilyabai Holkar Airport in Indore, which has raised passenger handling capacity. These steps aim to improve connectivity, support tourism, and strengthen economic activity across smaller cities.Read more

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Concord Control Systems secures INR 84.7 crore Indian Railways contract for loco wireless control systems

31 Mar 2026

Concord Control Systems Limited has been awarded a contract worth INR 84.7 crore by Indian Railways for supplying, installing, and commissioning loco wireless control systems. The order, received through its wholly owned subsidiary Advanced Rail Controls Private Limited, is expected to be completed within 18 months. The systems will improve remote control capabilities, enhancing operational efficiency and safety. This follows a recent contract by the company's associate for on-board KAVACH 4.0 equipment worth INR 53.73 crore, highlighting Concord's growing role in modernising railway technology and safety systems.Read more

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Vinci to acquire Macquarie’s India road assets for INR 15,000 crore

31 Mar 2026

French infrastructure firm VINCI Highways has emerged as the winning bidder to acquire Macquarie Asset Management's Toll Operate Transfer (ToT) 1 road portfolio in India for about INR 15,000 crore (around USD 1.6 billion). The portfolio includes nine operational toll projects spanning 648 km across Andhra Pradesh and Gujarat. Originally purchased by Macquarie in 2018 for INR 9,681 crore, the assets have generated consistent revenue over the years. VINCI's bid surpassed rivals such as Sekura Roads and KKR backed Vertis Infrastructure Trust, marking the French firm's return to India's road infrastructure sector after nearly a decade.Read more

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L&T secures INR 1,000–2,500 crore water management project in Assam for 24x7 supply in Guwahati

31 Mar 2026

Larsen & Toubro (L&T) has secured a water management contract valued between INR 1,000 crore and INR 2,500 crore from the Guwahati Metropolitan Drinking Water & Sewerage Board to develop a 24x7 water supply system in South-East Guwahati. The project involves end-to-end execution, including intake systems, treatment facilities, reservoirs, pumping infrastructure and a city-wide distribution network with household connections. It also includes deployment of a SCADA-based monitoring system and a five-year operation and maintenance component. The project is aimed at improving the reliability and continuity of urban water supply in Assam's largest city, while strengthening L&T's presence in the northeastern infrastructure segment.Read more

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Jewar airport expected to drive residential demand and supply growth in Greater Noida, says Knight Frank

31 Mar 2026

The upcoming Noida International Airport at Jewar is expected to accelerate residential real estate activity in Greater Noida, with increased demand and new project launches anticipated as economic activity expands, according to a report by Knight Frank India. Annual housing supply in Greater Noida has already risen from 4,415 units in 2021 to 14,000 units in 2025, while sales have grown to 12,903 units over the same period. The micro-market accounted for 28 per cent of new launches and 25 per cent of sales across Delhi-NCR in 2025. The report indicates that the airport will strengthen developer confidence, attract investments, and support growth along the Yamuna Expressway and surrounding catchments.Read more

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Government to roll out 10,000 AC electric buses across 116 cities by 2027, larger expansion planned

30 Mar 2026

The central government is set to deploy 10,000 air-conditioned electric buses across 116 cities by 2027 under the PM e-Bus Sewa scheme. The initiative will mainly cover Tier 2, Tier 3, and hill cities to improve public transport and reduce pollution. In addition, a larger plan to introduce around 35,000 more e-buses is under consideration. The scheme includes support for charging infrastructure and operations. This move builds on earlier electrification efforts and is expected to improve connectivity, lower fuel dependence, and modernise urban transport systems.Read more

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ESIC opens new branch office in Sri Muktsar Sahib to expand social security service delivery in Punjab

30 Mar 2026

The Employees' State Insurance Corporation has inaugurated a new branch office in Sri Muktsar Sahib, Punjab, aimed at improving access to social security services for workers and insured beneficiaries. The facility was opened by Dr Hemant Garg, Deputy Director-cum-Recovery Officer at ESIC's regional office in Punjab. The office is expected to enhance service delivery through faster grievance redressal, improved scheme implementation, and greater accessibility for beneficiaries in the region. The development aligns with ongoing efforts by the Ministry of Labour and Employment to expand institutional reach, strengthen welfare frameworks, and support compliance through digital initiatives and labour reforms.Read more

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Delhi–Mumbai expressway in Rajasthan nears completion with September deadline for remaining stretches

30 Mar 2026

Construction of the Delhi-Mumbai Expressway across Rajasthan is approaching completion, with the National Highways Authority of India targeting a September deadline for the remaining sections. Of the total 373 km alignment in the state, around 338 km has already been completed, leaving approximately 35 km under construction. Key pending works include a 27 km stretch across Sawai Madhopur, Dausa and Bundi districts, along with a tunnel near Kota facing minor technical delays. Designed as a high-speed, access-controlled corridor, the expressway will significantly reduce travel time and improve regional connectivity. The project forms a critical segment of the 1,350 km greenfield corridor linking Delhi and Mumbai, aimed at strengthening logistics efficiency and inter-state mobility.Read more

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Noida International Airport to begin operations with Phase I, enhancing connectivity and capacity in Delhi-NCR

30 Mar 2026

The Noida International Airport (NIA) in Jewar, Uttar Pradesh, is set to be inaugurated by Prime Minister Narendra Modi, marking the launch of a major greenfield aviation project in the National Capital Region. Developed at an investment of INR 11,200 crore, the airport will initially handle 12 million passengers annually, with planned expansion to 70 million capacity. Operated by Yamuna International Airport Pvt Ltd, a subsidiary of Zurich Airport International AG, the project is expected to ease congestion at Delhi's existing airport and strengthen regional connectivity. The facility includes cargo infrastructure, logistics zones, and a dedicated maintenance hub, positioning it as a key infrastructure addition to the region.Read more

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