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Hindustan Aeronautics establishes JV With Safran for helicopter engines
Manufacturing - Nov 14,2023
Hindustan Aeronautics Ltd. (HAL) has established "Safhal Helicopter Engines Pvt Ltd" in a joint venture with Safran Helicopter Engines. The collaboration aims to design, develop, and support helicopte .

THDCIL signs MoU to develop 3,270 MW renewable energy projects in Karnataka
Power Generation - Nov 14,2023
THDC India Ltd's Chairman and Managing Director, R K Vishnoi, revealed plans for 3,270 MW sustainable energy projects in Karnataka, involving pumped storage and floating solar. Collaborating with .

Rail Vikas Nigam secures LOA for Rs. 311.17 crore order
Infrastructure - Nov 14,2023
Rail Vikas Nigam Ltd (RVNL) has secured the Letter of Acceptance for a project involving the construction of four tunnels, totaling 1.6 km with ballast-less track, earthwork, important and minor bridg .

ONGC to pump crude from $5 billion project off Andhra coast
Infrastructure - Nov 14,2023
ONGC is set to commence oil production from its long-delayed flagship deep-sea project in the Krishna Godavari basin this month. The Cluster-2 project in KG-DWN-98/2 block, Bay of Bengal, aims to reve .

NHPC floats tender for civil work of Dugar hydroelectric project in HP
Power Generation - Nov 14,2023
NHPC has invited bids for the civil work of the 500 MW Dugar hydropower project in Himachal Pradesh's Chamba district. The project, near Luj village, encompasses various elements such as road tun .

Delsey Paris eyes India as manufacturing hub
Manufacturing - Nov 14,2023
Davide Traxler, the CEO of Delsey Paris, luxury European luggage manufacturer, plans to establish India as a manufacturing hub, recognizing its significance and aiming to more than double revenue in t .

Airbus, HAL ink MoU to establish Civil MRO facility for A-320 aircraft
Infrastructure - Nov 10,2023
Airbus is teaming up with Hindustan Aeronautics Limited (HAL) to support HAL's entry into commercial aircraft maintenance, focusing on the A320 series. The collaboration aims to enhance India&apo .

Philips increases investments in India with new innovation hub in Bengaluru
Hospitality and Healthcare - Nov 10,2023
Royal Philips expands its investments in India with a new innovation hub in Bengaluru. CEO Roy Jakobs emphasizes ongoing commitment to Indian investments without specifying amounts. The $19 billion co .