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Gujarat and Wardwizard Innovation ink MoU for manufacturing of electric vehicles
Automotive Industries - Oct 30,2023
The Gujarat government and Wardwizard Innovations & Mobility have signed a preliminary agreement to invest Rs 2,000 crore in establishing an electric vehicle (EV) auxiliary cluster by 2024. The invest .

Tata Power arm inks MoU to build 43.75 MW solar project for Mukand Ltd
Power Generation - Oct 30,2023
Tata Power Renewable Energy Ltd. (TPREL) has signed a deal to construct a 43.75 MW captive solar project in Jamkhed, Maharashtra, for Mukand Ltd., a Bajaj Group company. The project aims to generate 9 .

Lemon Tree Hotels inks a new property in Vadodara
Infrastructure - Oct 26,2023
Lemon Tree Hotels recently acquired Keys Select in Vadodara, set to open in fiscal year 2026. Vadodara, renowned for its palaces and cultural heritage, attracts tourists year-round due to its pleasant .

Rossari Biotech board approves expansion of Ethoxylation Capacity
Petroleum - Oct 26,2023
Rossari Biotech Limited's subsidiary, Unitop Chemicals Private Limited, plans to expand its ethoxylation capacity by 30,000 MTPA, investing approximately Rs. 128 crore. The project, expected to b .

Kaynes Technology announces construction of OSAT facility in Telangana
Power Generation - Oct 26,2023
Kaynes Technology plans to construct an outsourced semiconductor assembly and testing (OSAT) facility in Kongara Kalan, Telangana, for its subsidiary, Kaynes Semicon. Initially, the focus will be on .

John Cockerill India bags contract worth Rs 280 crore
Manufacturing - Oct 26,2023
The Tinplate Company of India (TCIL) has awarded John Cockerill India (JCIL) a Rs 280 crore contract for a continuous annealing line (CAL) installation in Jamshedpur. The project entails engineering, .

Voltas resurrects intention to manufacture air-conditioner compressors in India
Manufacturing - Oct 26,2023
Voltas is reinvigorating its manufacturing efforts in India through partnerships with Korean or Japanese companies. With investments exceeding Rs 1,300 crore, Voltas plans to enhance its home applianc .

Shiva Engineering Services secures EPCm contract
Infrastructure - Oct 26,2023
Shiva Engineering Services (SES) secured an EPCm contract for a specialty chemicals plant. Valued at approximately Rs. 230 crore, the plant will house nitration, bromination, chlorination, and hydroge .