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

Mumbai Metro enables Uber app ticketing through ONDC to boost last-mile connectivity

24 Mar 2026

Mumbai's Metro network has expanded its digital ticketing ecosystem by enabling commuters to book Metro Line 2A and 7 tickets directly through the Uber app via ONDC. This integration allows QR-based ticketing with a 50% discount up to INR 10, improving convenience and reducing paper usage. Supported by multiple platforms including Mumbai One App and WhatsApp ticketing, the initiative strengthens first- and last-mile connectivity. Officials from the state government and MMRDA highlighted its role in creating a unified, commuter-friendly digital transport ecosystem across Mumbai.Read more

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NTPC signs agreement with Octopus Energy to explore distribution, storage and clean energy opportunities across multiple markets

23 Mar 2026

State-run power producer NTPC has entered into a memorandum of understanding with UK-based Octopus Energy Group to jointly explore opportunities across electricity distribution, renewable energy, and storage segments. The agreement, signed at the Bharat Electricity Summit 2026 in New Delhi, outlines a non-binding framework for collaboration in India, the UK, and other mutually agreed markets. The partnership will also examine areas such as electric vehicle charging infrastructure, digital energy platforms, research and development, and capacity building. The initiative is aimed at improving efficiency, affordability, and reliability in power systems while supporting the expansion of clean energy solutions in multiple geographies.Read more

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NBCC secures INR 5,800 crore contract to develop Rajasthan Mandapam and mixed-use complex in Jaipur

23 Mar 2026

State-owned NBCC has been awarded a contract valued at INR 5,800 crore to develop the Rajasthan Mandapam project in Jaipur by the Rajasthan State Industrial Development & Investment Corporation (RIICO). The project, located near Jaipur International Airport, spans over 90 acres with a built-up area exceeding 94.53 lakh sq ft. Planned as a large mixed-use development, it will include a convention centre, exhibition halls, Global Capability Centres, IT/ITES office spaces, hotels, retail zones, residential units, and public infrastructure such as a museum and riverfront spaces. NBCC will execute the project under a self-financing model and is expected to initiate the tendering process shortly.Read more

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NTPC renewable arm starts 165 MW supply from Khavda-II solar project in Gujarat

23 Mar 2026

NTPC, through its step-down subsidiary NTPC Renewable Energy Ltd, has begun commercial supply of 165 MW power from the 1200 MW Khavda-II solar project in Gujarat. This marks the commissioning of the fourth part capacity of the project under its renewable energy portfolio. With this addition, the overall installed capacity of the NTPC group has increased to 88,709 MW, while commercial capacity stands at 87,629 MW. The renewable subsidiary, operating under NTPC Ltd via NTPC Green Energy Limited, continues to expand its solar energy contribution.Read more

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Wipro establishes AI-focused BFSI hub at GIFT City with capacity to scale operations

23 Mar 2026

Wipro has announced the launch of a new technology hub at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, aimed at delivering AI-driven solutions to global banking, financial services, and insurance (BFSI) clients. The facility will initially accommodate 150 employees, with plans to scale up to 500 seats based on demand. The centre will focus on areas such as digital banking, capital markets, regulatory technology, risk management, and platform modernisation. Integrated with Wipro's AI-led platforms, the hub is intended to support innovation, strengthen client engagement, and address rising global demand for technology-led transformation in the financial services sector.Read more

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HCC secures INR 1,662 crore BMC contract for Goregaon–Mulund Link Road phase

23 Mar 2026

Hindustan Construction Company (HCC), through its joint venture Aakshya HCC, has secured a contract worth approximately INR 1,662 crore from the Brihanmumbai Municipal Corporation (BMC) for Phase IV of the Goregaon Mulund Link Road project in Mumbai. The project is part of a larger infrastructure corridor aimed at improving East-West connectivity in the city. HCC holds a 49% stake in the joint venture. The company has a long track record in infrastructure development, including highways, tunnels, bridges, and contributions to hydro and nuclear power capacity in India.Read more

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Honda Motorcycle & Scooter India to invest INR 1,500 crore for third production line in Tapukara plant

23 Mar 2026

Honda Motorcycle & Scooter India (Honda Motorcycle & Scooter India) has announced an investment of around INR 1,500 crore to establish a third production line at its Tapukara manufacturing facility in Rajasthan. The new line, expected to become operational in 2028, will add an annual capacity of 6.7 lakh units, increasing the plant's total output to 2.01 million units. The expansion is also projected to create over 2,000 jobs and support the company's broader capacity growth plans across India. HMSI's total production capacity is targeted to rise to about 8 million units by FY28.Read more

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Borewell drilling damages Metro Line-3 tunnel near CSMT, contractor booked

23 Mar 2026

An unauthorised borewell drilling activity near Metro Cinema in South Mumbai resulted in damage to a section of the underground Mumbai Metro Line 3 tunnel close to Chhatrapati Shivaji Maharaj Terminus. The work was carried out within a government premises without the required permissions, leading the Mumbai Metro Rail Corporation to file a police complaint against the contractor. Authorities confirmed that metro services continued without disruption. The incident has raised concerns about unregulated excavation in sensitive zones where prior approvals are mandatory to protect critical underground infrastructure.Read more

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Punjab reports major expansion in canal irrigation coverage over past four years

23 Mar 2026

Punjab Chief Minister Bhagwant Mann stated that the state has significantly expanded its irrigation coverage over the past four years by increasing canal water usage from 26.5 per cent to around 78 per cent of agricultural land. The government has invested INR 6,700 crore in canal infrastructure, including lining, repairs, and restoration of canals and watercourses. Several long-defunct canals, including the Sarhali canal in Tarn Taran and the Kandi canal in Hoshiarpur, have been revived, improving water access across villages and reducing dependence on groundwater.Read more

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Tata Steel to invest USD 2 billion in overseas arm T Steel Holdings

23 Mar 2026

Tata Steel has approved an investment of up to USD 2 billion (around INR 18,488 crore) in its Singapore-based subsidiary T Steel Holdings to support its overseas operations. The funds will be infused in phases starting FY27 and will be used for capital expenditure and debt repayment. The move follows multiple recent infusions into the same entity and reflects the company's continued efforts to stabilise and strengthen its international business, particularly in Europe, where restructuring and cost management remain key focus areas.Read more

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