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News & Updates - February 25, 2026


Atmastco receives Rs. 235 crore LOI from SAIL for Bhilai project
Metallurgical Industries   -  Feb 24,2026
Atmastco Limited has secured a ₹235 crore Letter of Intent (LoI) from Steel Authority of India Limited (SAIL) for a critical 140 TPH walking beam type reheating furnace at the Bhilai Steel Plant’s .


Radisson Hotel Group and MBD Group sign master franchise pact to expand luxury and lifestyle hotels in India
Hospitality and Healthcare   -  Feb 24,2026
Radisson Hotel Group and MBD Group have signed a 10-year master franchise agreement to develop 50 hotels across India. Focused on the Radisson Collection and Radisson RED brands, the ₹10,000 crore p .


Samvardhana Motherson inaugurates advanced automotive lighting plant in Sanand
Manufacturing   -  Feb 24,2026
Samvardhana Motherson International Limited (SAMIL) has inaugurated an 8,200-square-meter automotive lighting plant in Sanand, Gujarat. Developed through its Marelli Motherson (MMLI) joint venture, th .


Hindustan Zinc partners with Tripura Group to operationalise zinc park in Rajasthan
Metallurgical Industries   -  Feb 24,2026
Hindustan Zinc (HZL) and Tripura Group signed an MoU on February 23, 2026, to operationalize a manufacturing unit at India's first Zinc Industrial Park in Bhilwara, Rajasthan. As an anchor invest .


G R Engineering emerges L1 bidder for Rs. 1,107 crore Petronet LNG CCR package
Petroleum   -  Feb 24,2026
G R Engineering Projects Limited (a subsidiary of G R Infraprojects) has emerged as the L1 bidder for the ₹1,107.39 crore Continuous Catalytic Regeneration (CCR) package at Petronet LNG’s PDH-PP p .


TVS Mobility and Palfinger to set up Rs. 350 crore manufacturing plant in Pune
Automotive Industries   -  Feb 24,2026
TVS Mobility and Austrian firm Palfinger AG have partnered to establish a ₹350 crore ($30 ext{ million EUR}$) manufacturing plant in Pune. The facility, scheduled to be operational by 2027, will pro .


Adani firm, NMDC and Vale sign MoU for iron ore blending hub at Gangavaram Port
Metallurgical Industries   -  Feb 24,2026
Adani Gangavaram Port, NMDC, and Brazil’s Vale S.A. have signed a strategic MoU to develop an integrated iron ore blending hub and a dedicated Special Economic Zone (SEZ) in Andhra Pradesh. The proj .


Skoda Auto Volkswagen India begins production of new Kushaq at Chakan
Automotive Industries   -  Feb 24,2026
Skoda Auto Volkswagen India has commenced production of the 2026 Kushaq facelift at its Chakan plant, Pune. The updated SUV features a segment-first rear-seat massage function, a panoramic sunroof, an .



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