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Waaree to raise $361 million via IPO to fund Solar Module facility
Manufacturing - Jan 02,2024
Solar panel manufacturer Waaree Energies has filed for an initial public offering (IPO) to raise $361 million, capitalizing on market opportunities. The IPO comprises the sale of 3.2 million shares, i .

HFCL secures Rs 1,127 crore order to transform BSNL's Optical Transport Network
Infrastructure - Jan 02,2024
HFCL Ltd (HFCL) has clinched a Rs 1,127 crore order from Bharat Sanchar Nigam Ltd (BSNL) to revamp the Optical Transport Network (OTN) infrastructure nationwide. The upgrade, done in collaboration wit .

Bodal Chemicals starts production at recently established Dahej Unit
Chemicals - Jan 02,2024
Bodal Chemicals Ltd has initiated operational activities at its newly established production facility in Saykha, Gujarat. The facility, focusing on specialty benzene downstream products, boasts a prod .

SRF commissions Rs 536 crore aluminium foil manufacturing facility
Manufacturing - Jan 02,2024
SRF has invested Rs 536 crore to commission a new aluminum foil manufacturing facility, SRF Altech Limited. This strategic move reflects SRF's commitment to diversification and growth. The invest .

Arunachal Pradesh inks MoA with THDCIL for hydroelectric project
Power Generation - Jan 02,2024
The Arunachal Pradesh government has signed a memorandum of agreement with Tehri Hydropower Development Corporation India Ltd for the 1,200 MW Kalai II hydroelectric project in the Lohit river basin. .

SJVN bags approval to form JVs for 8778 MW projects
Power Generation - Jan 02,2024
SJVN Ltd has received approval from the finance ministry to establish four joint venture firms for hydro and renewable projects in India and Nepal, totaling 8,778 MW capacity. SJVN will lead three joi .

L&T bags Rs 1,040 crore contract for part of Bengaluru suburban rail project
Infrastructure - Jan 02,2024
Larsen and Toubro (L&T) have been awarded the Letter of Acceptance for the design and construction of an elevated viaduct for Corridor-4 of the Bengaluru Suburban Rail project. The contract, valued at .

Kalpataru Projects International gets orders worth Rs 3,244 crore
Infrastructure - Jan 02,2024
Kalpataru Projects International, along with its overseas subsidiaries and joint ventures, has secured new orders totaling Rs 3,244 crore. The company has entered the underground metro rail tunnelling .