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

GRSE and HSL form consortium to strengthen India's shipbuilding capability

13 Feb 2026

Garden Reach Shipbuilders & Engineers (GRSE) and Hindustan Shipyard Limited (HSL) agreed earlier this week to form a consortium under a memorandum of understanding signed in Kolkata for a large-scale national shipbuilding programme. The partnership will jointly pursue tenders including one from the Shipping Corporation of India Limited and build advanced maritime platforms. The collaboration is designed to enhance India's maritime infrastructure, long-term operational capabilities and technological self-reliance in shipbuilding by leveraging the complementary strengths of both defence public sector undertakings. The move aligns with broader national goals of boosting indigenous shipbuilding capacity.Read more

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Delhi’s electric bus fleet grows with induction of 500 new e-buses, making it India’s largest

Delhi News Desk

13 Feb 2026

Delhi has further expanded its electric public transport fleet with the induction of 500 new electric buses into the Delhi Transport Corporation (DTC), taking the city's total e-bus count to more than 4,000 the highest for any state in India according to official data. The new buses were flagged off at a ceremony attended by the Chief Minister and senior political leadership, and an inter-state electric bus service between Delhi and Panipat was also launched to serve commuters along an 86 km route that includes major nodes such as the Singhu border and Murthal. Officials said the expansion supports broader targets to increase the city's electric bus fleet to 7,500 by the end of the next calendar year and to 14,000 by 2028, and noted continued efforts to improve EV infrastructure and public transport accessibility. The development underscores Delhi's focus on sustainable urban mobility.Read more

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Maharashtra plans access-controlled road linking Vidarbha to Vadhavan Port to bolster connectivity and investment

13 Feb 2026

The Maharashtra government has unveiled plans to develop an access-controlled road that will directly connect the Vidarbha region to the upcoming Vadhavan deep-draft port on the state's western coast, significantly reducing freight transit times and strengthening logistics networks. Announced by the chief minister at a business conclave focused on Vidarbha's economic growth, the initiative is aimed at integrating central and eastern Maharashtra more closely with coastal trade routes, fostering industrial expansion and attracting investment. The new road is expected to cut travel time for goods from Vidarbha to the port to under eight hours, compared with much longer current routes. Officials highlighted that the project forms part of a wider infrastructure push in the region, including expressway and highway links connecting key industrial hubs and enhancing the state's position in national supply chains.Read more

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Major irrigation and development projects announced for Shahdol

13 Feb 2026

The Madhya Pradesh government has announced development projects worth around INR 2,300 crore for Shahdol district, with a strong focus on irrigation, education, and road infrastructure. The key project is the Shahdol Irrigation Complex, comprising four micro-irrigation schemes on the Son River, aimed at expanding irrigation to nearly 50,000 hectares and benefiting 122 villages. Additional measures include new educational facilities, expansion of medical education capacity, road development, and administrative upgrades to support long-term regional growth.Read more

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Delhi government allocates INR 100 crore for advanced traffic system to improve road safety

Delhi News Desk

12 Feb 2026

The Delhi government has approved an allocation of INR 100 crore for the implementation of an Advanced Traffic System (ATS) aimed at enhancing road safety and traffic management across the city. The funding forms part of a larger INR 1,200 crore grant released to the Delhi Transport Corporation (DTC) by the chief minister, which also covers other transport modernisation initiatives. The ATS will incorporate a suite of technologies including traffic control systems, high-resolution video surveillance and electronic enforcement tools, and will be linked with a central command centre to facilitate real-time monitoring and quicker emergency responses. Officials highlighted rising concerns about traffic accidents involving buses and the need for improved incident detection and response capabilities. The investment aligns with broader efforts to harness technology for safer, more efficient urban transport.Read more

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Indian Railways plans new underground line through strategic Siliguri corridor to secure Northeast connectivity

12 Feb 2026

Indian Railways has announced plans to construct a new underground railway line through the Siliguri corridor in West Bengal, a narrow land bridge that connects mainland India with its North-eastern states. The project, spanning about 35.76 km between Dumdangi and Bagdogra, will incorporate an extensive underground alignment particularly between Tinmile Hat and Rangapani to provide secure, uninterrupted rail connectivity along this sensitive route. The corridor's proximity to international borders with Nepal, Bhutan and Bangladesh, combined with its susceptibility to natural disruptions and congestion, has underscored the strategic importance of the development. Officials stated that the underground design will support continuous movement of passengers, freight, defence personnel and emergency supplies, with advanced electrification, signalling and tunnelling technologies planned. The initiative aligns with broader efforts to strengthen transport infrastructure and optimise access to the North-eastern region.Read more

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Ola relinquishes over 1.7 lakh sq ft of Bengaluru office space as AI automation and cost realignment reshape footprint

Bangalore News Desk

12 Feb 2026

Ride-hailing and electric vehicle firm Ola has surrendered more than 1.7 lakh sq ft of leased office space in Bengaluru, reflecting broader operational recalibration amid increased integration of artificial intelligence (AI) and automation in its business processes. The space released includes about 1.12 lakh sq ft at Prestige RMZ Startech in Koramangala and roughly 60,000 sq ft at Infozone in Electronic City, where Ola runs a battery innovation centre. Sources said the move is part of internal consolidation and cost optimisation rather than an indication of weakness in Bengaluru's office market, which continues to attract demand from global consulting and capability centres. Ola continues to retain a significant office footprint in the city, including renewed leases for its core operations area, even as automation has reduced the need for larger call-centre and administrative workspaces.Read more

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Kachchi Dargah–Bidupur bridge to ease Bihar’s river crossing pressure by April

12 Feb 2026

The Kachchi Dargah Bidupur six-lane bridge project across the Ganga is nearing completion and is expected to open by April, strengthening road connectivity between north and south Bihar. Spanning nearly 20 km, the project links NH-30 in Patna with NH-103 in Vaishali and is designed to reduce traffic load on the Mahatma Gandhi Setu. With phased sections already operational, the remaining stretches are under close monitoring to ensure timely completion and smoother regional movement.Read more

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ACME Solar secures 220 MW solar-plus-storage project at Morena Solar Park

12 Feb 2026

ACME Solar Holdings has won a 220 MW solar project with integrated battery energy storage at the Morena Solar Park in Madhya Pradesh. The project is part of a 440 MW tender issued by Rewa Ultra Mega Solar Ltd under tariff-based competitive bidding. It includes four hours of daily peak power supply with high availability and a 25-year power purchase agreement. Land and evacuation infrastructure will be provided by the solar park developer, supporting long-term renewable energy supply for the state.Read more

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Kochi Metro and IISc Bengaluru sign MoU to advance sustainable urban mobility research

Kochi News Desk

12 Feb 2026

Kochi Metro Rail Limited (KMRL) has entered a memorandum of understanding (MoU) with the Indian Institute of Science (IISc), Bengaluru, to undertake collaborative research and pilot projects aimed at enhancing sustainable urban mobility and public transport systems. The partnership will combine Kochi Metro's operational experience in multimodal transport including Metro, Water Metro and canal-based services with IISc's advanced, data-driven research capabilities. Focus areas will include sustainable mobility planning, transport operations and the application of emerging technologies such as artificial intelligence, internet of things, blockchain, simulation modelling and intelligent decision-support systems to solve real-world urban challenges. Officials highlighted that the research will promote evidence-based transport solutions to improve public health, accessibility, congestion management, emissions reduction and climate resilience, with Kochi envisaged as a testbed for developing scalable urban mobility models.Read more

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