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

Nagpur Metro Phase III DPR tender enters evaluation stage as groundwork for expansion expected to begin in May

16 Apr 2026

The tender process for preparing the Detailed Project Report (DPR) for Nagpur Metro Phase III has progressed to the evaluation stage, with two firms submitting bids for the consultancy assignment. Maharashtra Metro Rail Corporation Limited (MahaMetro) has initiated technical scrutiny of the proposals, after which financial bids will be opened before awarding the contract. The DPR will define the scope of the proposed Phase III expansion, which is expected to be the largest addition to the Nagpur Metro network, covering multiple new corridors including Inner Ring Road, Sitabuldi Koradi, Butibori extension, and New Nagpur connectivity. Once a consultant is appointed, groundwork for surveys and planning is expected to commence next month, forming the basis for subsequent state and central approvals.Read more

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Delhi plans 19.2 km Yamuna elevated corridor alongside metro expansion to ease congestion and strengthen urban mobility

16 Apr 2026

The Delhi government has proposed a 19.2 km elevated road corridor along the Yamuna, stretching from Wazirabad to the DND Flyway, as part of a broader push to improve urban mobility and reduce congestion. The plan, reviewed in the past week, includes phased development of the corridor alongside metro expansion and multiple flyover projects. A 2.62 km flyover between Tripolia Gate and Barfkhana has also been proposed. The initiative is being considered alongside ongoing Delhi Metro Phase IV works, where over 100 km of network is under construction. The combined approach seeks to enhance north-south connectivity, reduce travel time across key traffic corridors, and strengthen integration between road and rail-based transport infrastructure in the capital.Read more

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Uttar Pradesh advances INR 2,200 crore Ghaziabad redevelopment plan with stadium and aerocity township

Ghaziabad News Desk

16 Apr 2026

The Uttar Pradesh government has approved a redevelopment plan worth approximately INR 2,200 crore for Ghaziabad, centred on an international cricket stadium and a 380-acre aerocity township in Raj Nagar Extension. Led by the Ghaziabad Development Authority (GDA), the project includes a 37-acre stadium with a seating capacity exceeding 30,000 and an integrated urban hub featuring hotels, retail, business spaces, and residential complexes. The proposal, first conceptualised over a decade ago, has gained momentum in the past week following administrative clearances. The development also includes an international convention centre, sports academy, and green infrastructure. Positioned near the airport, the project aims to combine sports, tourism, and commercial activity within a single planned ecosystem.Read more

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Star Air to introduce 38 weekly flights connecting Mundra with six cities to enhance regional air connectivity from late April

16 Apr 2026

Regional airline Star Air has announced the launch of scheduled services connecting Mundra, Gujarat, with six cities across western and northern India, with operations set to commence later this month. The expansion will include 38 direct weekly flights and additional one-stop services, collectively adding over 17,000 seats per month. Key destinations include Mumbai, Hindon (Delhi-NCR), Goa (Mopa), and Surat, alongside indirect connectivity to Kolhapur and Bhuj. The move is aimed at strengthening air access to Mundra, a major port and industrial hub, where direct connectivity has remained limited. Operated using Embraer E175 aircraft, the new routes are expected to support business travel, logistics movement, and regional economic activity, particularly in Gujarat's Kutch region.Read more

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GMDA initiates drainage project along Old Delhi-Gurgaon Road to address recurring flooding across key stretch

Gurugram News Desk

15 Apr 2026

The Gurugram Metropolitan Development Authority (GMDA) has initiated a major drainage infrastructure project to address chronic waterlogging along the Old Delhi-Gurgaon Road, a critical arterial corridor in Gurugram. The proposed intervention involves constructing a continuous surface drainage network spanning approximately 7.5 km between Mahavir Chowk and the Kapashera border. The project, planned in the past week, aims to streamline stormwater flow and mitigate monsoon-related flooding that has affected mobility and adjacent urban areas for several years. The initiative forms part of GMDA's broader efforts to upgrade ageing infrastructure in older parts of the city, where rapid urbanisation and inadequate drainage systems have led to repeated disruptions. Implementation is expected to improve road usability and reduce flood-related damage.Read more

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Maha Metro revises Bhakti Shakti–Chakan corridor DPR, raising project cost to INR 12,937 crore with extended alignment and added stations

15 Apr 2026

Maharashtra Metro Rail Corporation Limited (Maha Metro) has submitted a revised Detailed Project Report (DPR) for the Bhakti Shakti Chakan metro corridor, increasing the project cost to INR 12,937 crore from an earlier estimate of INR 10,383 crore. The revised plan, reported in the past week, extends the corridor length to approximately 47.2 km and increases the number of stations from 31 to 34. Key modifications include alignment changes across industrial zones such as Bhosari MIDC and Landewadi, along with a proposed 17 km integrated double-decker structure in coordination with the National Highways Authority of India (NHAI). The proposal has been submitted to the Pimpri Chinchwad Municipal Corporation (PCMC) for review and will require state-level approval before progressing towards implementation.Read more

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HCCB commissions high-speed Kinley line at Telangana plant with 1,350 BPM capacity

15 Apr 2026

Hindustan Coca-Cola Beverages Private Ltd has commissioned a high-speed Kinley water production line at its Avinya manufacturing facility in Siddipet district, Telangana, as part of its ongoing capacity expansion. The plant, spread across 49 acres with a planned investment exceeding INR 2,000 crore, is among the company's most advanced facilities and currently operates seven production lines. The newly added line is capable of producing Kinley PET bottles at significantly higher speeds, enhancing output and operational efficiency. The development strengthens HCCB's manufacturing footprint in southern India and supports its packaged drinking water segment under the Kinley brand. The investment also reflects continued infrastructure scaling within the beverage manufacturing sector to meet growing consumption demand.Read more

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Delhi’s double-decker flyover along Pink Line corridor targets year-end completion to support integrated metro and road traffic movement

Delhi News Desk

15 Apr 2026

A double-decker flyover being developed along the Delhi Metro's Pink Line corridor is expected to be completed by the end of the year, forming part of the capital's integrated transport infrastructure strategy. The project combines a metro viaduct on the upper deck with a road flyover beneath, aimed at optimising land use in densely built urban areas. The structure is being constructed along key stretches of the Maujpur Majlis Park corridor under Phase IV of the Delhi Metro expansion. Once operational, the project is expected to ease congestion on arterial roads while supporting increased metro connectivity across north and north-east Delhi. The flyover is among several such integrated structures planned to improve multimodal transport efficiency and reduce pressure on existing road networks.Read more

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Centre revises toll penalty framework for overloaded trucks on national highways with graded fee structure from mid-April

15 Apr 2026

The Ministry of Road Transport and Highways (MoRTH) has introduced a revised fee framework for overloaded trucks on national highways, linking penalties to the percentage of excess load carried. The updated rules, notified under the National Highways Fee (Determination of Rates and Collection) Fourth Amendment Rules, 2026, will come into effect from mid-April. Under the new structure, no penalty will apply for up to 10% excess load, while fees will be charged at twice the base rate for overloading between 10% and 40%, and four times the base rate beyond 40%. Overloading will be assessed using certified weighment systems at toll plazas, with exemptions in locations lacking such infrastructure. All penalties will be collected digitally through FASTag, aligning with broader efforts to standardise toll operations.Read more

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Kerala convict on the run arrested near CSMT in Mumbai

15 Apr 2026

A Kerala murder convict who escaped custody last year has been arrested in Mumbai after months on the run. The accused, Vinish, had fled from a hospital where he was undergoing treatment and travelled across cities before reaching Mumbai. To avoid detection, he lived as a ragpicker, frequently changing locations and blending into crowded areas. Acting on a tip-off, the Railway Protection Force tracked and apprehended him near CSMT after a brief chase. Kerala Police have taken custody following legal formalities, bringing an end to a multi-agency search operation that lasted several months.Read more

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