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China's Haier plans joint venture with JSW group
Manufacturing - Nov 05,2024
Haier Group plans a joint venture with India's JSW Group, proposing a Rs 1,000 crore investment. Due to India's Press Note 3 of 2020, the Chinese firm’s proposal requires government approv .

ROHL inaugurates Regenta Place Gwalior, expands in Madhya Pradesh
Hospitality and Healthcare - Nov 05,2024
Royal Orchid Hotels (ROHL) has launched its first 'Regenta Place Gwalior' hotel, its third property in Madhya Pradesh. Centrally located near key landmarks like Gwalior Fort, it offers 39 pr .

Azad Engineering inks Rs 700 crore deal with Mitsubishi Heavy Industries
Manufacturing - Nov 05,2024
Azad Engineering has signed a Long Term Contract & Price Agreement (LTCPA) worth approximately USD 82.89 million (Rs 700 crore) with Mitsubishi Heavy Industries (MHI) to supply complex airfoils for ad .

Kothari Petrochemicals to acquire land in Andhra Pradesh for expansion plans
Chemicals - Nov 05,2024
Kothari Petrochemicals Ltd (KPL), India’s top producer of polyisobutylene (PIB), has acquired land in Andhra Pradesh for Rs 74 crore to support expansion. For Q2 FY24, KPL reported a slight decrease .

Insolation Energy secures Rs 500 crore contract from Rajasthan Renewable Energy Corp
Power Generation - Nov 05,2024
Insolation Energy has secured a Rs 500.50 crore contract from Rajasthan Renewable Energy Corporation for designing, supplying, erecting, and maintaining rooftop solar power projects on government buil .

AM/NS to set up Rs 1.4 lakh-crore steel plant in Andhra Pradesh
Metallurgical Industries - Nov 04,2024
ArcelorMittal Nippon Steel (AM/NS) India plans to invest Rs 1.4 lakh crore in a 17.8 million tonne integrated steel project in Anakapalli, Andhra Pradesh. The first phase includes a 7.3 million tpa bl .

Gensol Engineering secures Rs 780 crore solar PV project in Maharashtra
Power Generation - Nov 04,2024
Gensol Engineering has secured a ₹780 crore EPC contract to develop a 150 MWac solar PV power plant for a major public utility in Maharashtra, set to be completed in 15 months. The project encompass .

Apollo Hospitals to spend Rs 6100 crore under new expansion plan
Hospitality and Healthcare - Nov 04,2024
Apollo Hospitals plans to add 3,512 beds across 11 locations in India over four years, costing Rs 6,100 crore. As part of this expansion, it will establish a 500-bed hospital in Worli, Mumbai, under a .