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

NMRC floats tender for kiosks at Sector 83 station to strengthen non-fare revenue

Noida News Desk

24 Feb 2026

Noida Metro Rail Corporation has floated a tender to lease nearly 2,985 square metres of space for kiosks and commercial outlets at Sector 83 metro station on the Aqua Line. The reserve licence fee has been set at INR 205 per square metre. The spaces, located across concourse and platform levels, will have dual access for commuters and external visitors. The initiative is aimed at improving passenger amenities and boosting non-fare revenue, as NMRC continues efforts to strengthen the financial sustainability of the Aqua Line.Read more

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Texmaco Rail and RVNL form joint venture to expand rail manufacturing and infrastructure globally

23 Feb 2026

Texmaco Rail & Engineering Ltd and RVNL have joined forces in a joint venture to enhance India's rail manufacturing and infrastructure capabilities. The partnership will cover advanced rolling stock, life cycle maintenance, asset management, and large-scale EPC and turnkey projects domestically and internationally. By combining engineering expertise and global-standard quality, the venture aims to expand into Asia, Africa, and the Middle East, drive innovation, strengthen export potential, and reinforce India's position in the global rail sector.Read more

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Uttar Pradesh approves INR 56.86 crore to repair 387 rural roads in Prayagraj region

23 Feb 2026

The Uttar Pradesh government has approved an allocation of INR 56.86 crore for the renovation of 387 rural roads across four assembly constituencies in the Prayagraj region. Covering nearly 494.55 km, the project focuses on restoring village link roads that have not seen major repairs for several years. The works will be executed through the Public Works Department after completion of the tender process. Once contractors are appointed, construction is expected to be completed within four months, aiming to improve rural connectivity and daily mobility.Read more

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G R Infraprojects secures INR 1,897.51 crore rail construction order from West Central Railway

23 Feb 2026

G R Infraprojects Limited has received a railway construction contract valued at INR 1,897.51 crore from West Central Railway for works in Madhya Pradesh. The project is part of the Sidhi Singrauli new rail link and covers civil construction between Bahari and Gondawali stations. The scope includes earthwork, bridges, viaducts, tunnels, track laying and station buildings. The project will be executed on an EPC basis with a completion period of 900 days.Read more

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Railway works worth INR 53,000 crore progress across Karnataka with focus on capacity and connectivity

23 Feb 2026

Railway infrastructure projects valued at nearly INR 53,000 crore are currently under execution across Karnataka, supported by a higher allocation in the latest Union Budget. The Centre has earmarked INR 7,748 crore for railway development in the state, with works spanning track expansion, station upgrades, new terminals and improved commuter access. The initiatives aim to ease congestion in key corridors around Bengaluru, enhance regional connectivity, and address long-pending local demands while strengthening the state's rail network to support future growth.Read more

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MMRDA and contractors yet to submit report on Metro Line 4 slab collapse in Mulund

Mumbai News Desk

23 Feb 2026

A week after a parapet slab from an under-construction Metro Line 4 structure collapsed on LBS Marg in Mulund, killing one person and injuring three, the Mumbai Metropolitan Region Development Authority and its contractors are yet to submit a detailed incident report to the police. Investigators have told the court that the precast parapet was installed without proper concreting and safety precautions. Several officials from the contractor and consultant teams have been booked for alleged negligence, and the probe into construction practices is ongoing.Read more

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India deploys first high-speed ferry under HICDP Phase III to strengthen Maldives island connectivity

23 Feb 2026

India has commissioned the first of twelve high-speed ferries for the Maldives under the High Impact Community Development Project (HICDP) Phase III framework. The vessel will operate under the Raajje Transport Link services between the Faafu and Dhaalu atolls, improving inter-island mobility and access to essential services. The broader programme is backed by a grant of MVR 100 million, approximately INR 55 crore, covering multiple ferry-related projects. The move builds on India's continued financial and infrastructure support to the Maldives under its regional cooperation initiatives.Read more

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YEIDA moves proposal for Japan City and Singapore City along Yamuna Expressway

23 Feb 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has submitted a formal proposal to the Uttar Pradesh government for the development of Japan City and Singapore City along the Yamuna Expressway corridor. The proposal, sent earlier this week, confirms that land parcels have been identified and acquisition plans prepared within YEIDA's jurisdiction. The initiative follows preparations linked to Chief Minister Yogi Adityanath's proposed official visit to Japan and Singapore, after which the authority was asked to earmark suitable land for the two projects. Sectors 5A and 7 in Greater Noida have been identified for the developments, each spanning around 500 acres. Both sectors are designated as multi-purpose industrial zones, with a majority of land reserved for industrial use, and are proposed to be developed as integrated industrial townships.Read more

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Sundar Pichai defends AI investment, compares it to historic infrastructure expansion

23 Feb 2026

Google CEO Sundar Pichai has defended rising AI investments, comparing them to historic infrastructure projects like railroads and national highways that later drove economic growth. Speaking at the India AI Impact Summit, he described AI as a transformational shift happening at unprecedented speed and scale. Pichai said Google has integrated AI across Search, YouTube, Cloud and emerging businesses, with Google Cloud's order backlog doubling year-on-year to USD 240 million. Alphabet expects capital expenditure of USD 175-185 billion in 2026. He also announced a subsea cable initiative and highlighted India's proposed USD 15 billion AI hub in Visakhapatnam to strengthen digital and compute infrastructure.Read more

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J&K rolls out phased road widening and corridor upgrades in downtown Srinagar to ease traffic pressure

23 Feb 2026

The Jammu and Kashmir administration has initiated phased road upgrades and corridor widening works across key stretches in downtown Srinagar to address traffic congestion and improve road capacity. Projects cover KZP Road, SMS Road, Devi Angan-Hawal Road and two major chowk corridors. Works include resurfacing, drainage correction, junction redesign and proposed widening up to 21 metres where feasible. Land acquisition, utility relocation and pending court cases remain challenges. Several components have secured funding approval, while surveys and DPR preparation are underway for others.Read more

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