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

Porvorim elevated corridor completion pushed to October 2026 amid execution delays and pending structural work

12 Apr 2026

The completion of the six-lane Porvorim elevated corridor in Goa has been delayed, with authorities now targeting October 2026 for commissioning. The revision, highlighted in the past week, follows continued execution challenges, including traffic management constraints, foundation-related adjustments and slower-than-expected structural progress. The project, being developed along NH-66, is intended to ease congestion on a key stretch linking Panaji and Mapusa. Officials indicated that a substantial portion of the work has been completed, but critical segments of the superstructure remain pending. The corridor, originally scheduled for completion earlier, has seen multiple timeline revisions due to on-ground constraints. The extended deadline reflects the need to complete remaining works while maintaining safety and construction standards.Read more

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Vinci to acquire Macquarie’s Indian toll road portfolio for USD 1.7 billion, marking re-entry into infrastructure sector

11 Apr 2026

French infrastructure company Vinci SA has agreed to acquire a portfolio of nine operational toll highways in India from Macquarie Asset Management for an enterprise value of about USD 1.7 billion (approximately INR 15,000 crore), in one of the largest road asset transactions in the country. The deal, announced in the past week, involves assets held under the Safeway Concessions platform, spanning nearly 700 km across Andhra Pradesh and Gujarat. Originally acquired by Macquarie in 2018 under the toll-operate-transfer (TOT) model, the assets are being divested as part of its portfolio strategy. The transaction is subject to regulatory approvals and is expected to reach financial closure by end-2026, with Vinci likely to house the assets under a local operating structure.Read more

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RITES secures contract value increase to INR 118.89 crore for NALCO railway siding project

11 Apr 2026

RITES Limited has received a revision in the value of its ongoing consultancy contract with National Aluminium Company Limited (NALCO), increasing the total project cost to INR 118.89 crore from INR 79.73 crore. The project involves detailed engineering and project management consultancy for a railway siding at the Utkal-D coal mines in Odisha. The increase reflects an expanded scope of work under the existing agreement. Executed on a cost-plus basis, the project supports coal evacuation infrastructure and strengthens RITES order book visibility in the railway consultancy segment.Read more

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MPCB directs Pune civic body to address sewage treatment gaps within six months, flags large-scale untreated discharge

Pune News Desk

11 Apr 2026

The Maharashtra Pollution Control Board (MPCB) has directed the Pune Municipal Corporation to address gaps in sewage treatment infrastructure within six months and achieve full sewer network coverage within four months, following a recent review of pollution levels in the city. The directive, issued in the past week, comes after findings that Pune generates around 980 million litres per day (MLD) of sewage, of which nearly 500 MLD is being discharged untreated into the Mula and Mutha rivers through multiple drains. The regulator has asked the civic body to intercept major nullahs, halt direct discharge, and submit a time-bound action plan. The order also covers improvements in solid waste management and air pollution control, indicating broader concerns around urban environmental infrastructure and compliance.Read more

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Karnataka plans EV charging stations at 60–70 km intervals on state highways to support intercity electric mobility

11 Apr 2026

The Karnataka government is planning to install electric vehicle (EV) charging stations at intervals of 60-70 km along state highways, in a move aimed at strengthening intercity charging infrastructure and encouraging EV adoption. The initiative, outlined in the past week, will be implemented by Bangalore Electricity Supply Company in collaboration with Karnataka Road Development Corporation Limited across a 3,000-km highway network. Charging points are proposed at toll plazas, bus bays, truck lay-bys and select operational facilities. Initial site assessments have identified a majority of locations as viable, with fast-charging capability expected at several stations. The plan seeks to address range anxiety among EV users and improve long-distance travel feasibility, while supporting the state's broader push towards clean mobility.Read more

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ADC focuses on eco-tourism and sustainable infrastructure in Amaravati

11 Apr 2026

ADC is developing Amaravati with a strong focus on eco-tourism and sustainable infrastructure. The Gravity Canal is being transformed into a tourist attraction, while reservoirs in Neerukonda and Penumaka are under construction to support water management and recreational activities. ADC's Translocation Nursery preserves large trees and medicinal plants displaced by construction and will serve as a community space. World Bank representatives visited these projects, acknowledging the efforts as innovative and impactful for the city's development and environmental sustainability.Read more

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UP clears PPP-based redevelopment of 49 bus stations to boost transport infrastructure

11 Apr 2026

The Uttar Pradesh government has approved the redevelopment of 49 bus stations under a public-private partnership model to improve transport infrastructure and passenger facilities. The project, led by UPSRTC, is expected to attract investment of over INR 4,000 crore without direct government spending. The plan includes modernising stations into multi-use hubs with better amenities and commercial spaces. Revised policy norms such as relaxed eligibility criteria and longer lease periods are aimed at increasing private sector participation and ensuring smoother execution across districts.Read more

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Uttar Pradesh approves forestry and horticulture university in Gorakhpur to boost green development

11 Apr 2026

The Uttar Pradesh Cabinet has approved the establishment of a Forestry and Horticulture University in Gorakhpur, aimed at strengthening environmental education and research. Planned over nearly 50 hectares with an investment of over INR 491 crore, the project has already received an initial allocation of INR 50 crore. The university will offer a wide range of courses in forestry, horticulture, and climate-related fields. It is expected to support biodiversity conservation, improve forest cover, and create employment opportunities while contributing to sustainable agriculture and ecological balance in the state.Read more

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Agra sees INR 6,466 crore development push, Greater Agra township planned

11 Apr 2026

The Uttar Pradesh government has initiated 325 development projects worth INR 6,466 crore in Agra, including the proposed Greater Agra township. Planned across about 449 hectares, the township will feature multiple residential sectors and supporting infrastructure. Alongside this, several projects focused on roads, civic amenities and public services have been launched. The move is aimed at improving connectivity, planned urban growth and economic activity, while strengthening Agra's position as an emerging urban centre in the state.Read more

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Maha Metro and Nagpur civic body introduce feeder bus service on Hingna Road to improve last-mile connectivity

11 Apr 2026

Maharashtra Metro Rail Corporation (Maha Metro), in collaboration with the Nagpur Municipal Corporation (NMC), has announced a feeder bus service along Hingna Road to strengthen last-mile connectivity for Metro commuters. The service, expected to commence shortly, will connect Lokmanya Nagar Metro Station with key institutions including Lata Mangeshkar Hospital and prominent engineering colleges in the Hingna corridor. The initiative follows demand from students and patients who rely on public transport for daily access. Registration drives for Maha Card and bus passes have also been initiated to support integration. The move is aimed at improving multimodal transport usage and reducing reliance on private vehicles in a rapidly developing urban stretch of Nagpur.Read more

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