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

Google to commence INR 1.25 lakh crore data centre project in Andhra Pradesh from April 28

09 Apr 2026

Google is set to commence construction of a large-scale data centre hub in Andhra Pradesh from April 28, marking one of the largest foreign direct investments in India's digital infrastructure sector. The project, estimated at around USD 15 billion (approximately INR 1.25 lakh crore), will be developed across multiple sites near Visakhapatnam with a planned capacity of about 1 gigawatt. The initiative follows a memorandum of understanding signed with the state government around six months ago. The development includes three interconnected campuses, submarine cable infrastructure, and supporting telecom networks. The project is expected to enhance India's data centre capacity, support cloud and AI ecosystems, and strengthen Andhra Pradesh's position as a technology and digital infrastructure hub.Read more

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Titagarh Naval Systems gets approval for INR 610 crore shipyard expansion in West Bengal

09 Apr 2026

Titagarh Naval Systems Ltd has secured in-principle approval from the Union Ministry of Ports, Shipping and Waterways for a brownfield expansion project at Falta, West Bengal. The project, with an investment of around INR 610 crore, falls under the Shipbuilding Development Scheme and includes government capital assistance of about INR 129 crore for plant and machinery. The expansion is aimed at improving shipbuilding capacity for defence, commercial and export markets. It is also expected to strengthen India's maritime manufacturing ecosystem and support the country's push for self-reliance in shipbuilding.Read more

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NHAI partners with Cube Highways to strengthen technical training for highway project execution

09 Apr 2026

The National Highways Authority of India (NHAI) has entered into a collaboration with Cube Highways Technologies to enhance the technical capabilities of its officials through a structured training programme. The initiative, formalised through a memorandum of understanding signed in the past week, focuses on upskilling junior-level officials in specialised areas of highway engineering and project execution. Training will be conducted at the Cube Highways Innovation Centre in Hyderabad and will combine classroom instruction with practical learning and case-based assessments. The programme covers key domains such as traffic estimation, pavement design, and material performance. The initiative is part of NHAI's broader capacity-building efforts aimed at improving project quality and aligning workforce capabilities with evolving infrastructure standards.Read more

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Thane–Borivali tunnel excavation begins with TBM Nayak launch

Mumbai News Desk

09 Apr 2026

The Thane-Borivali twin tunnel project has entered the execution phase with the launch of tunnel boring machine Nayak in Thane. The 11.84 km underground corridor, being developed by the Mumbai Metropolitan Region Development Authority, aims to cut travel time between the two locations to about 15 minutes. While tunnelling has started from the Thane end, work at the Borivali side is facing delays due to pending rehabilitation. The project involves complex construction beneath Sanjay Gandhi National Park and is targeted for completion by 2028.Read more

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Silk Board to get elevated metro walkway linking Yellow and Blue Lines in Bengaluru

Bangalore News Desk

09 Apr 2026

The Bangalore Metro Rail Corporation Limited (BMRCL) has initiated the development of an elevated pedestrian walkway at Silk Board Junction in Bengaluru to connect the operational Yellow Line with the under-construction Blue Line. The project, estimated at around INR 59 crore, will span approximately 250 metres and include the city's first travelator within the metro network. A tender has been floated for civil, structural, and architectural works, with construction expected to take about nine months after contract award. The intervention addresses the absence of a direct interchange between the two corridors and is intended to streamline commuter movement across one of the city's busiest transit nodes along the Outer Ring Road.Read more

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Akasa Air reviews Abu Dhabi operations, extends suspension of Doha, Riyadh and Kuwait flights amid West Asia tensions

09 Apr 2026

Akasa Air is reassessing the resumption of its Abu Dhabi services while extending the suspension of flights to Doha, Riyadh and Kuwait until April 12 due to ongoing geopolitical tensions in West Asia. The airline cited airspace restrictions and operational uncertainties linked to the regional conflict as key reasons for the decision. The advisory, issued in the past week, reflects continued disruption to international aviation routes across the region. The move affects Akasa Air's growing Middle East network, which is a critical corridor for Indian carriers, and highlights the operational challenges posed by geopolitical developments on cross-border connectivity.Read more

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Mulund dump cleanup delayed again as contractor seeks third extension

Mumbai News Desk

09 Apr 2026

The biomining project at Mumbai's Mulund dumping ground has been delayed again, with the contractor seeking a third extension due to fuel supply disruptions linked to the West Asia conflict. The shortage of diesel has affected the operation of heavy machinery, slowing waste processing. The INR 731 crore project, aimed at clearing legacy waste and reclaiming land, is nearing completion but has faced repeated delays due to the pandemic, weather conditions and operational issues. Civic authorities have raised concerns over continued extensions as only a limited portion of waste remains.Read more

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DP World Cochin sets new single-vessel cargo handling record with MSC Ilaria call

09 Apr 2026

DP World Cochin has recorded its highest-ever single vessel cargo handling, processing over 8,000 twenty-foot equivalent units (TEUs) during the recent call of the ultra large container vessel MSC Ilaria at the International Container Transshipment Terminal in Kochi. The milestone, achieved in the past week, surpasses the earlier record of more than 6,000 TEUs handled during a previous vessel call. The development reflects the terminal's upgraded infrastructure and its growing ability to accommodate next-generation container ships. With expanded yard capacity, enhanced crane infrastructure, and improved power systems, the terminal is positioning itself to handle larger volumes of EXIM and transshipment cargo while strengthening its role in India's southern maritime logistics network.Read more

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North India's pro-AV market set for strong growth with new infrastructure projects

08 Apr 2026

North India's professional audiovisual hardware market is expanding rapidly, driven by major infrastructure projects such as the Jewar International Airport and Dwarka Expressway. The region accounts for 40-45 per cent of India's AV hardware market, with growth supported by urban development in cities like Ayodhya, Varanasi, and Amritsar, as well as rising demand from luxury hotels and wedding venues. The domestic Pro-AV sector is growing at 7.2-9.7 per cent annually, with professional lighting projected to reach USD 391 million in 2026. Upcoming events like the 2027 PALM expo in New Delhi are set to further strengthen the ecosystem.Read more

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SRM Contractors secures INR 483 crore Nashik ring road package ahead of 2027 Kumbh Mela deadline

08 Apr 2026

SRM Contractors has been awarded an INR 483 crore contract by the Maharashtra State Infrastructure Development Corporation (MSIDC) for a key package of the Nashik Ring Road project. The contract covers a 14.02 km stretch on the southern side of the 66.15 km corridor, which is being developed to ease congestion and improve connectivity ahead of the 2027 Simhastha Kumbh Mela. The project will be executed under the engineering, procurement and construction (EPC) model with a completion timeline of 12 months. The broader ring road initiative, estimated at over INR 7,600 crore, is a central component of Nashik's infrastructure upgrade plan linked to the upcoming religious event.Read more

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