Cyfuture to construct a new data centre in Chennai

The development of a new data centre in Chennai, India, has been announced by the Indian web hosting business Cyfuture. The facility, which will be Cyfuture’s fifth data centre in India, will be situated in Tembaran, Chennai, on an approximately... Read more

L&T completes 10 km elevated portion of Chennai Metro Line-3

The first 10 km elevated portion of Chennai Metro Line-3 between Nehru Nagar and Sholinganallur has been built by Larsen & Toubro, and in the last two weeks, the company has achieved two key milestones. At the southern end of... Read more

Three companies to invest over Rs 800 crore in Madhya Pradesh’s Neemuch

In the last week and a half, the Neemuch-based Madhya Pradesh Industrial Development Corporation (MPIDC) has granted three businesses in the Jhanjharwada industrial area land. Together, these sectors have offered to invest more than Rs 800 crore in the area... Read more

Assam government signs exploration contracts with OIL

On the northern bank of the Brahmaputra in lower Assam, crude oil and natural gas exploration will start for the first time in Assam’s oil history. At the presence of top Oil India Limited (OIL) and State Government officials, the... Read more

Chemplast Sanmar to invest Rs 680 crore for expansion of plant in Krishnagiri

The Custom Manufactured Chemicals (CMC) business of Chemplast Sanmar, which places a premium on “custom manufacturing”—producing exactly what the customer requests—plans to invest 680 crore in its expansion. With a cash balance of 1,160 crore, the capital programme will be... Read more

Godrej Aerospace to construct turbo engines in tie-up with DRDO

A contract to construct turbo engines in collaboration with the Gas Turbine Research Engine Centre at the Defence Research and Development Organization (DRDO) lab has been awarded to Godrej Aerospace, a Godrej & Boyce business entity. According to Maneck Eddie... Read more

Reliance to invest Rs 75K cr in UP, to expand 5G by year-end

Mukesh Ambani, the chairman of Reliance Industries (RIL), stated that his company would invest an additional Rs 75,000 crore in several areas in Uttar Pradesh. Ambani stated during the opening ceremony of the Uttar Pradesh Global Investors Summit (GIS) 2023... Read more

Cairn Oil & Gas Seeks expansion for Rajasthan Block

Cairn Oil & Gas, CEO Nick Walker said a division of Vedanta Ltd., wants the licence for its rich Rajasthan block to be extended for the duration of the oilfield since doing so will enable it to develop investment strategies... Read more

Mahindra and Mahindra signs MoU with Telangana govt

In order to create a manufacturing plant at Zaheerabad, including the research and development of electric three- and four-wheelers, Mahindra & Mahindra and the Telangana government signed an MoU. This will result in the employment of 800-1,000 people and entail... Read more

Kairos Technologies opens K-Labs in Hyderabad

Kairos Technologies, a multinational company with a delivery centre in Hyderabad, recently announced the opening of K-Labs, a specialised R&D facility. A $15 million (about Rs 120 crore) investment will be made in K-Labs to develop innovative products that mix... Read more