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

UP Government approves GIS-based master plan 2031 for Ghaziabad

27 Aug 2025

The Uttar Pradesh government has approved the unified, GIS-based Master Plan 2031 for the Ghaziabad region, following a seven-year drafting process. This comprehensive roadmap for urban growth, covering 33,543 hectares, focuses on Transit-Oriented Development (TOD) and Special Development Areas (SDA). The plan is designed to accommodate a projected population of 64 lakh by 2031 and is expected to spur both residential and commercial development. This initiative is a strategic move to reposition Ghaziabad as a self-sustaining growth hub, aiming to address the city's housing and infrastructure needs.Read more

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PM Modi inaugurates new Kolkata metro corridors to boost urban connectivity and real estate

27 Aug 2025

Prime Minister Shri Narendra Modi on August 22, 2025, inaugurated new stretches of the Green, Orange, and Yellow metro lines in Kolkata, marking a significant push for urban infrastructure. The projects, worth over INR 5,200 crore, are expected to transform the city's commute by directly linking the airport to major railway hubs and IT corridors. This expansion is projected to spur residential and commercial real estate growth in eastern and southern Kolkata, with experts forecasting a property value appreciation of at least 5% in the metro-linked micro-markets.Read more

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Maharashtra CM pledges industries, jobs, and education in Gadchiroli

26 Aug 2025

On Gadchiroli's 43rd foundation day, Maharashtra Chief Minister Shri Devendra Fadnavis pledged to transform the district into a development hub, highlighting progress in reducing Maoist influence and boosting infrastructure, education, and employment. He noted that nearly half the district is now Maoism-free, with initiatives like Police Dadalora Khidki helping tribal communities access government schemes. Plans include turning Gadchiroli into India's "steel city" with INR 1 lakh crore investments from companies like Lloyds Metals and JSW in Surjagarh's iron ore reserves. Education reforms include affiliating colleges with Gondwana University and launching the Ek Gaon, Ek Granthalaya scheme, establishing 71 libraries for 8,000 students.Read more

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Mahindra plans new plant, targets 10 lakh EV capacity by 2027

26 Aug 2025

Mahindra & Mahindra (M&M) is actively seeking land to establish a new greenfield manufacturing plant, a move that is part of a larger strategy to meet booming domestic and export demand. The company, which recently unveiled its new NU IQ modular, multi-energy platform, aims to scale its total production capacity significantly. With a goal of achieving 10 lakh EV production capacity by 2027, M&M is simultaneously expanding its existing plant in Chakan and bolstering its service network by up to 200 outlets annually to support its rapidly growing customer base.Read more

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Trai pushes for stronger critical communication infrastructure in India

25 Aug 2025

Work on critical communication infrastructure in India is moving ahead at a fast pace, with Trai leading policy and spectrum recommendations. The regulator has pushed for an integrated broadband PPDR network with a hybrid approach to cover cities, border areas, disaster-prone regions, and sensitive zones. It has also suggested reserving 10 MHz paired spectrum in the 700 MHz band for railway safety. Meanwhile, industry leaders drew attention to the European Union's progress in building continent-wide systems, urging India to adopt similar measures, while stressing the need for security, interoperability, and resilience in future networks.Read more

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Globe Civil Projects crosses INR 1,000 crore order book milestone, expands into government infrastructure

25 Aug 2025

Globe Civil Projects has reached a new milestone with its consolidated order book crossing INR 1,000 crore. The company's projects are spread across institutional, healthcare, and government infrastructure, with nearly 90 percent backed by central government funding, ensuring strong cash flow visibility. Recently, the firm also entered the sports infrastructure sector by securing an INR 222.20 crore project for building an international cricket stadium in Haryana. With ongoing projects across IITs, IIMs, hospitals, and government buildings, the company continues to strengthen its presence in diverse infrastructure segments.Read more

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PM inaugurates first 660 MW unit of SJVN's Buxar thermal power project in Bihar

25 Aug 2025

The Prime Minister inaugurated the first 660 MW unit of the 1,320 MW Buxar thermal power project in Bihar, developed by SJVN at Chausa. Built at an investment of INR 13,756.56 crore, the project is expected to generate nearly 9,828.72 million units of electricity annually, with 85 per cent of the supply reserved for Bihar. Construction required large quantities of steel and cement, supporting Indian industries and creating employment for about 5,000 workers each year. With its advanced technology and regional focus, the project is set to ease shortages and improve power availability in the eastern region.Read more

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Current Infraprojects to launch IPO to fund solar project at IIT Dhanbad

25 Aug 2025

Current Infraprojects Limited, an infrastructure and EPC service provider, is set to launch its Initial Public Offering (IPO) on Tuesday, August 26, 2025, to raise approximately INR 41.80 crore. The company proposes to list on the NSE Emerge platform, a move that capitalizes on a specialized market for small and medium-sized enterprises. The net proceeds from the IPO will be primarily used to fund a 1800 KW solar plant at IIT (Indian School of Mines), Dhanbad, under the RESCO business model, and to meet working capital requirements for its diverse portfolio of projects.Read more

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Trichy Corporation begins LED upgrade drive across 65 wards

24 Aug 2025

The Trichy Corporation has launched a INR 2 crore project to upgrade 3,250 streetlights from 20-watt to 40-watt LEDs across residential areas, following complaints about poor visibility and safety concerns. Around 650 lights will be replaced in each of the city's five zones, with work to be completed in phases over the coming months. The 20-watt LEDs, installed in 2018 during the city's shift from sodium and fluorescent lamps, are now inadequate due to urban growth and rising traffic. Each ward will get 50 brighter lights, prioritizing junctions and busy streets, while 20-watt LEDs will remain on narrower roads to balance costs.Read more

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Unplanned construction blamed for flooding on Vasai-Virar railway tracks

24 Aug 2025

Severe flooding on a 1.5-km stretch of railway track in Vasai, which disrupted train services on the Virar-Churchgate route, was caused by rampant and unplanned construction in the Vasai-Virar area, according to the Western Railway (WR). The construction on salt pan lands, mangroves, and waterholes, along with choked culverts, has led to rainwater and water from the Pelhar dam overflowing onto the tracks. Despite similar flooding in 2018 and a subsequent report from NEERI and IIT-Bombay, the recommended solutions have not been implemented by the authorities, leading to repeated disruptions.Read more

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