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

VOC Port plans INR 15,000 crore outer harbour to strengthen southern India trade capacity

04 Mar 2026

VO Chidambaranar Port Authority has announced a major INR 15,000 crore Outer Harbour project to expand capacity and position the port as a key transshipment hub in southern India. The expansion, planned in two phases with completion targeted by 2027 and 2030, will allow the port to handle ultra-large container vessels with an 18-metre draft. In addition, INR 1,500 crore has been earmarked for infrastructure upgrades and green initiatives. Funding arrangements have been tied up with national financial institutions.Read more

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Taram Chu steel bridge restores full Chungthang–Lachen connectivity in North Sikkim

04 Mar 2026

The Border Roads Organisation has completed and opened a 400-foot bailey suspension steel bridge over the Taram Chu river in North Sikkim, restoring the crucial 28-kilometre Chungthang Lachen road. Union Minister of State for Defence Sanjay Seth inaugurated the bridge in Mangan district in the past week. The link had been repeatedly disrupted since the Glacial Lake Outburst Flood in 2023 and subsequent extreme weather events. The restoration is expected to ease civilian movement, improve supply of essentials, revive tourism and strengthen strategic access in the sensitive border region.Read more

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Cargill opens dairy feed plant in Wazirabad to support Punjab farmers

04 Mar 2026

Cargill has inaugurated a new dairy feed plant in Wazirabad, Punjab, with an investment of INR 300 crore. Spread across 15 acres, the facility has an annual production capacity of 400,000 metric tons, making it the largest in South Asia and the second in Punjab. The plant will produce feed under the Provimi and Purina brands, benefiting dairy farmers, producers, and feed mills. The project is expected to create over 1,000 jobs, improve milk yields, enhance animal health, and strengthen the state's dairy value chain.Read more

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PWD creates temporary link road near Ajni Bridge to manage underpass traffic congestion

04 Mar 2026

The Public Works Department has constructed a temporary link road near Ajni Bridge in Nagpur to address traffic congestion caused by ongoing underpass work. The link connects the Kriplani Square Ajni Bridge stretch to the Congress Nagar bypass by cutting through the central median. The step follows rising traffic pressure after part of the main carriageway was closed for construction. The underpass forms part of a broader INR 35 crore upgrade that includes six-laning and connectivity to twin cable-stayed bridges. Authorities say the temporary road will provide interim relief while long-term works continue.Read more

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Indian GCCs emerge as policy engines for sovereign AI as global regulation tightens

04 Mar 2026

Global Capability Centres (GCCs) in India are undergoing a structural shift as global enterprises grapple with tightening data localisation laws and the fragmentation of artificial intelligence governance. With more than 1,800 GCCs operating across the country, these centres are increasingly moving beyond cost efficiency and technical support to play a central role in shaping how multinational firms design, deploy and govern AI systems across jurisdictions. The implementation of regulatory frameworks such as India's Digital Personal Data Protection (DPDP) Act has highlighted the limits of a uniform global AI strategy, forcing companies to adapt intelligence models to local legal and cultural requirements. Industry leaders indicate that Indian GCCs are now acting as regional governance hubs, engineering compliance frameworks, autonomous monitoring systems and localised data environments that allow global firms to operate AI systems without breaching national sovereignty mandates.Read more

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Khammam–Devarapalle greenfield expressway close to completion under Bharatmala programme

04 Mar 2026

The 162-km Khammam Devarapalle access-controlled greenfield expressway, being developed by the National Highways Authority of India under the Bharatmala Pariyojana, is nearing completion. Built at an estimated cost of INR 3,700 crore, the four-lane corridor will be Telangana's first access-controlled highway. The project is expected to reduce the distance between Hyderabad and Rajahmundry by around 56 km and cut travel time by two to four hours. Despite delays due to land acquisition, utility shifting and monsoons, most of the construction has now been completed.Read more

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Adani Ports completes USD 495.1 million bond buyback; early tenders at USD 196.94 million

04 Mar 2026

Adani Ports and Special Economic Zone Ltd (APSEZ) has announced the early results of its cash tender offer to repurchase up to USD 495.1 million of its outstanding offshore bonds. By the early participation deadline, bondholders had tendered USD 196.94 million worth of notes. This included USD 101.58 million of 4.0% senior notes due 2027 and USD 95.36 million of 3.1% senior notes due 2031. The company will proceed with early settlement shortly, while the offer will remain open until 13 March 2026.Read more

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E2E Transportation Infrastructure secures INR 97.82 crore signalling contract from South Western Railway in Karnataka

03 Mar 2026

E2E Transportation Infrastructure Limited has secured a signalling and telecommunication contract valued at INR 97.82 crore from South Western Railway for works in Karnataka. The project involves installing an automatic signalling system on the Whitefield Jolarpettai section of the Bengaluru Division. The contract has been awarded to BPPL ETIL JV, a joint venture involving the company. E2E must submit a performance guarantee of 5 per cent of the contract value within 21 days. The execution period is 30 months, and the company's current order book stands at around INR 660 crore.Read more

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Maharashtra orders high-level probe into Navi Mumbai housing fraud; CIDCO under scrutiny

03 Mar 2026

The Maharashtra government has ordered a high-level inquiry into alleged housing irregularities in Navi Mumbai involving the City and Industrial Development Corporation (CIDCO). The probe will examine claims that the mandatory 20 per cent affordable housing component in certain projects was not implemented and that over 2,000 affordable units were not constructed. Questions have also been raised over building permissions issued in Nerul, where approval authority lies with the Navi Mumbai Municipal Corporation. Officials found responsible for procedural lapses may face action after the panel submits its findings.Read more

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Minor head injury reported during Sewri-Worli project work; MMRDA takes action

03 Mar 2026

A small accident at the Sewri-Worli Elevated Connector project site saw a steel reinforcement bar fall and injure a passerby during ongoing pier work. The individual received treatment at Glenn Eagle Hospital, including four stitches, and is now stable. MMRDA's Executive Engineer visited the site and hospital to monitor the situation. The authority will cover all medical costs and support full recovery. Show-cause notices have been issued to the Project Management Consultant and contractor, while a safety review and stricter supervision measures have been implemented to prevent future incidents.Read more

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