Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Infrastructure News

Mumbai Port announces INR 470?crore yacht marina project at Cross Island

Mumbai Port Authority has approved a INR 470?crore yacht marina at Cross Island, near Princess and Victoria Docks. Built on an EPC model, the project includes dredging, breakwaters, access roads, parking, and visitor facilities. A private operator will manage the marina under a 45?year concession and invest INR 417.37?crore to develop onshore facilities like repair yards, clubhouse, hotel, and restaurants over 4.2 hectares. Developed in three phases, the marina will accommodate more than 600 yachts, offering safe berthing, maintenance, and refuelling services, and enhancing Mumbai’s waterfront infrastructure.Read more

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MoRTH issues detailed guidelines to strengthen tunnel safety, citing need for geological mapping, seismic checks and clearer contract terms

The Ministry of Road Transport and Highways has released comprehensive guidelines to enhance safety in road tunnel projects, mandating the use of Geological Survey of India (GSI) maps and landslide susceptibility studies during alignment planning. The norms emphasise structural stability, groundwater management, seismic resilience, and clarity in contract provisions to prevent disputes and reduce the risk of tunnel collapses.Read more

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JSW Energy signs long-term Karnataka supply deal and expands its secured capacity

"JSW Energy, through its subsidiary JSW Energy (Utkal) Ltd, has finalised a 25-year Power Purchase Agreement with multiple Karnataka discoms for supplying 400 MW of power starting April 1, 2026. The tariff has been set at INR 5.78 per kWh. The agreement lowers the company’s open capacity to about 5 per cent and improves the stability of its long-term earnings. With this development, JSW Energy’s locked-in generation capacity has reached 30.5 GW, supported by operational assets, ongoing construction, hydro additions, a strong development pipeline, and large energy-storage commitments. "Read more

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Bhopal Metro to start with physical tokens before shifting to cashless travel

The Bhopal Metro will launch its first phase using physical tokens for ticketing, with passengers buying tokens at station counters and tapping them at entry gates. The initial 7 km stretch includes eight stations, while the full 16 km corridor from Karond to AIIMS Bhopal will open in stages. Once complete, a Common Mobility Card will allow cashless travel on the metro and city buses through UPI. Fares are expected to range between INR 10 and INR 20. Coaches will include reserved seating for women and people with disabilities. Staff will assist commuters during the rollout, ensuring smooth travel as the system transitions toward integrated digital mobility.Read more

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Maharashtra government approves removal of 382 trees for Eastern Freeway extension

The Maharashtra government has authorised the removal of 382 trees for the Eastern Freeway extension from Mulund to Anand Nagar in Thane, following a joint inspection of 1,652 trees along the route. Officials confirmed that 929 trees will remain, while 341 will be transplanted. The project aims to ease long-standing congestion between South Mumbai and Thane and improve access to the Samruddhi Highway. The MMRDA plans to plant around 7,500 new trees as part of compensatory measures. Environmental groups, however, have raised concerns and staged peaceful protests against the loss of green cover.Read more

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Cognizant and eight other firms begin work on IT projects in Visakhapatnam

Nine companies have started work on new IT projects in Visakhapatnam with a combined planned investment of about INR 3,700 crore. The Andhra Pradesh government recently laid the foundation for these developments, which are expected to generate nearly 41,700 jobs. Cognizant will invest INR 1,583 crore to build a new IT campus at Kapuluppada IT Hills, planned in three phases and designed to focus on AI, digital engineering, and cloud services. Until the main facility is ready, Cognizant will operate from a temporary office at Rushikonda IT Park.Read more

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New steel bridge improves road connectivity in Jammu & Kashmir’s Ramban district

A new double-lane steel bridge over Chhapar Nallah in Jammu & Kashmir’s Ramban district has been completed, providing smoother travel for residents who faced regular disruptions during rains. Built by the General Reserve Engineering Force, the 45-metre long and 12-metre wide structure cost INR 9 crore, supported by INR 4 crore for approach roads. The bridge links Ramban with the Gool–Sangaldan region and nearby Mahore in Reasi district. It is also expected to support passengers using the Sangaldan railway station and improve access for around 150,000 residents.Read more

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Jaipur Metro Phase 2 DPR clears Public Investment Board approval

The Detailed Project Report (DPR) for Phase 2 of the Jaipur Metro has received approval from the Public Investment Board (PIB), moving the metro expansion closer to final clearance and construction. Earlier, the Rajasthan government approved and forwarded the DPR to the Union government after announcing the project in the state budget. Phase 2 will span about 42.80 km with 36 stations and an estimated cost of around INR 12,260 crore, and is planned to connect major residential, industrial, and commercial hubs across Jaipur.Read more

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Kerala appoints nodal officer to speed up land pooling for Infopark Phase III

The Kerala government has appointed Shaji V Nair, CEO of Cochin Smart Mission Ltd, as the nodal officer to support land pooling for Phase III of Infopark in Kochi. The Greater Cochin Development Authority (GCDA) has already identified about 300 acres in Kizhakkambalam for this purpose. Under the land pooling model, landowners will contribute their plots and receive a developed portion in return. This expansion, expected to attract around INR 25,000 crore in investment, aims to strengthen Kochi's position as a major IT destination with completion planned by 2030.Read more

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West Bengal approves INR 8,487-crore plan to build over 20,000 km of new roads across the state

The West Bengal government has cleared a large road development programme worth INR 8,487 crore to build more than 20,000 km of new roads across rural and urban areas. The project covers around 15,011 km of rural roads under the Pathashree scheme and nearly 5,019 km of urban roads under the KMDA. The entire investment will come from the state's own budget. The cabinet has already approved the plan, and the tendering process will begin soon through a dedicated portal. Construction work is expected to start in January as part of the state's broader connectivity push.Read more

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