ONGC to collaborate with Total Energies

Sushma Rawat, Director, Exploration, ONGC Ltd said that ONGC intends to collaborate with TotalEnergies, a French energy giant, for oil and gas exploration and production in the Andaman Islands. Rawat also mentioned that…

Odisha’s high-level authority gives nod for nine industrial projects

Nine industrial projects totaling Rs. 1,53,074.63 crore were granted by the High-Level Clearance Authority (HLCA) of the Odisha government, and they have the potential to create more than 27,030 new jobs for the…

Yonex to manufacture carbon graphite rackets in India

To capture a rapidly expanding market, the Japanese sports equipment manufacturer Yonex announced it would double its manufacturing capacity in India to produce complete carbon graphite badminton racquets. Only two-piece starter racquets made…

Maharashtra governmnet approves M&M proposal to establish Rs 10k crore EV plant in Pune

In accordance with the state’s industrial promotion programme for EVs, Mahindra & Mahindra (M&M) announced that the Maharashtra government has approved its proposal to establish a Rs 10,000 crore electric vehicle plant in…

Microsoft to invest Rs 16,000 crore to establish three more data centre in Hyderabad

The Telangana government said that software giant Microsoft will spend Rs 16,000 crore to build three more data centres, bringing the total number of centres under consideration to six. Early in 2022, the…

Ather Energy plans to build new EV facility

Leading EV company Ather Energy announced that it is in talks with multiple state governments to build an additional factory to meet demand as the uptake of electric two-wheelers somewhat stabilises after major…

Gadkari inspects Ahmedabad-Dholera Expressway

Nitin Gadkari, the Union Minister for Road Transport and Highways, inspected the development of the Ahmedabad-Dholera Expressway, which will cut the travel time between the two locations by around one and a half…

Hinduja, Amul to make big investments in Uttar Pradesh

Hinduja Group and Amul have proposed investments in Uttar Pradesh worth Rs 1000 crore and Rs 800 crore, respectively, as the Uttar Pradesh administration continues to experience success with investments. While Amul will…

Kerala to soon get hydrogen filling stations: Union Minister

Rameshwar Teli, the Union Minister of State for Petroleum, declared that the ministry would launch hydrogen-filling stations in Kereal to promote alternative fuels. The minister also expressed his gratitude to the state administration…

Govt planning to set up modern floating jetty at Biswanath Ghat in Assam

Sarbananda Sonowal, the union government’s minister for ports, shipping, waterways, and ayush, announced that a contemporary floating jetty would be built at the Biswanath Ghat soon. “This will create a smooth platform to…

BHEL secures order for renovation and modernisation of Steam Turbines at Ukai Thermal Power Station in Gujarat

Bharat Heavy Electricals Limited (BHEL) has won an order for the renovation and modernization (R&M) of steam turbines at the Ukai Thermal Power Station (TPS) in Gujarat, despite stiff competition. Gujarat State Electricity…

Kuantum Papers Ltd gives updates on its mega projects

Kuantum Papers Ltd‘s Board of Directors has noted the prepayment of Term Loan of Rs. 105 crore in December 2022. The Board acknowledged the financial completion of Capex Projects under implementation totalingRs. 57.00…

MeghmaniFinechem Ltd gives anupdat about expansion of CPVC Resin

The Board of Directors of MeghmaniFinechem Ltd approved the expansion of the Chlorinated Polyvinyl Chloride Resin (CPVC Resin) plant in Dahej, Gujarat, by an additional 45,000 TPA production capacity. Given the foregoing, MeghmaniFinechem…

Rail Vikas Nigam Ltd consortium emerges L1 for two projects

Rail Vikas Nigam Limited (RVNL) has been selected as the Lowest Bidder (L1) for the following projects. Supply, Erection, Testing and Commissioning of Power Supply Receiving & Distribution System, 750 V DC Third…

Aether Industries limited commercialises manufacturing site 3

Aether Industries Limited has commercialised manufacturing site 3 in Sachin, Surat-394230, Gujarat, India, at Plot No. 8202/1, Road No. 8, GIDC Industrial Estate. The total CAPEX planned for the site is approximately Rs….

REC Ltd inks MoUs with UP government, MP Power Management Company Limited

REC Limited has signed the following non-binding memorandums of understanding (MOUs) with the UP government to extend financial assistance during the UP Global Investors Summit in Delhi, which will aid the state in…