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

Airfloa Rail secures INR 22.91 crore contract from BEML for Chennai Metro Phase II lighting systems

Chennai News Desk

26 Mar 2026

Airfloa Rail Technology has secured an order worth INR 22.91 crore from BEML Ltd for supply works linked to Phase II of the Chennai Metro Rail Limited network. The contract covers design, manufacture, supply, testing and commissioning of lighting systems for metro coaches, along with spares and tools. Execution is scheduled over a 17-month period, with supplies expected to begin later this year. Payment terms include full settlement within 45 days of delivery. The order forms part of ongoing rolling stock and systems procurement for the expanding metro network, which is being developed to enhance urban mobility capacity across Chennai.Read more

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Poor lighting at Mahim beach raises public safety concerns in Mumbai

Mumbai News Desk

26 Mar 2026

Residents and activists in Mumbai have raised concerns over inadequate street lighting at Mahim Beach, especially around the Reti Bunder stretch. Several streetlights in the area are reported to be non-functional, leaving large sections poorly illuminated during evening and night hours. This has led to repeated appeals to civic authorities, including the Brihanmumbai Municipal Corporation, to carry out repairs and improve lighting. The issue highlights gaps in basic urban maintenance that directly affect public safety in frequently visited public spaces.Read more

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PCMC faces INR 143 crore irrigation dues notice with warning of water supply disruption amid dispute over charges

26 Mar 2026

The Pimpri Chinchwad Municipal Corporation (PCMC) has received a notice from the Maharashtra irrigation department demanding payment of INR 143 crore towards pending water charges and penalties linked to alleged excess consumption and inadequate sewage treatment. The department has warned of possible suspension of water supply if dues remain unpaid. Civic officials have contested the demand, stating that the charges include disputed components such as industrial tariffs and penalties. The dispute comes at a time when the city already faces supply constraints, receiving water from Pavana and Andra dams while operating on alternate-day distribution. The issue highlights ongoing tensions between urban local bodies and state agencies over water allocation, billing practices and environmental compliance.Read more

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Rudrapur ring road nears completion with trial run planned to ease industrial traffic movement

25 Mar 2026

The 20.5-km four-lane ring road in Rudrapur, Uttarakhand, is nearing completion, with authorities planning a trial run shortly after March 20. The project, estimated at around INR 1,100 crore, has reached approximately 95 per cent completion after nearly four years of construction under the National Highways Authority of India (NHAI). Designed to bypass the city, the corridor will connect National Highway-74 and NH-87 while passing through 12 villages and extending into neighbouring Uttar Pradesh. The road is expected to ease congestion within the industrial city, particularly by enabling heavy vehicles bound for the SIDCUL industrial area to avoid urban routes and reduce waiting times.Read more

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Mumbai pushes double-decker Sewri–Worli connector as Elphinstone bridge demolition speeds up

Mumbai News Desk

25 Mar 2026

Demolition of the old Elphinstone Road overbridge in Mumbai has progressed further, with Western Railway removing key girders at Prabhadevi station. This work is part of the larger Sewri Worli Elevated Connector project, a 4.5-km double-decker corridor aimed at improving east-west connectivity. While the project is expected to reduce travel time and ease congestion once completed, it has currently led to traffic disruptions in the busy Parel Prabhadevi area. Authorities are continuing phased work while trying to minimise impact on rail and road movement.Read more

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Telangana outlines Bharat Future City as 30,000-acre sustainable urban cluster planned for up to 30 lakh residents

25 Mar 2026

The Telangana government has detailed plans for Bharat Future City, a 30,000-acre greenfield urban development near Hyderabad designed to accommodate around 25-30 lakh residents. The project, outlined in the state's recent socio-economic survey, will include a central business district supported by specialised zones such as an AI City, Health City, Education Hub and a large life sciences cluster. Infrastructure proposals include radial road networks, underground utilities, smart grids and connectivity to Machilipatnam port. The development is being positioned as a net-zero, transit-oriented city with integrated public transport and a 15-minute living model. With over 50 per cent green cover and a 15,000-acre reserve forest, the project is intended to combine urban expansion with environmental planning.Read more

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Adani Green Energy expands capacity with 510 MW operationalisation in Khavda, Gujarat

25 Mar 2026

Adani Green Energy has commissioned 510.1 MW of renewable power projects in Khavda, Gujarat, through its stepdown subsidiaries. With this addition, the company's total operational renewable energy capacity has reached 17,982.3 MW. The plants were activated after receiving the necessary clearances, with power generation beginning from March 22. This development strengthens the company's position as one of India's largest renewable energy players and reflects its continued expansion in large-scale solar and wind projects across key regions in the country.Read more

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VinFast’s Q4 loss widens as it plans to restart US plant construction

25 Mar 2026

VinFast reported a wider net loss in the last quarter of 2025, mainly due to higher impairment charges linked to its planned US manufacturing facility. Despite this, the company saw strong growth in electric vehicle deliveries, especially in Vietnam, and a sharp rise in two-wheeler sales driven by policy changes. It is now preparing to restart construction of its North Carolina plant and expand globally across Asian markets. VinFast is also planning new hybrid-like REEV models and aims to reach break-even soon, although concerns remain around its high capital spending needs.Read more

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Jaipur Master Plan 2047 faces criticism over planning gaps and expansion concerns

25 Mar 2026

Jaipur's Master Plan 2047 has come under criticism from urban planning experts over key structural gaps. Concerns include a sharp expansion of the city's planned area, low population density assumptions, and deviation from central planning guidelines. Experts have warned that including large rural areas without matching infrastructure could strain civic services and lead to inefficient development. The Rajasthan High Court has also stayed parts of the plan, indicating the need for review. These issues have raised concerns about the plan's practicality and long-term implementation.Read more

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Hyderabad plans INR 1,340 crore overhaul of 7.6 lakh streetlights under unified 10-year maintenance contract

Hyderabad News Desk

25 Mar 2026

Civic authorities in Hyderabad have outlined a INR 1,340 crore programme to replace, operate and maintain around 7.6 lakh streetlights across the Core Urban Region, covering multiple municipal corporations. The 10-year unified tender aims to address ageing infrastructure, with over 70 per cent of existing lights nearing the end of their lifecycle. The selected concessionaire will be responsible for full replacement of lighting units and centralised control systems within six months, followed by long-term maintenance. The project introduces real-time monitoring, strict performance-linked penalties and improved fault detection systems. The initiative is intended to streamline operations, reduce outages and improve accountability in urban lighting infrastructure across the Hyderabad metropolitan region.Read more

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