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na?page=48 News & Updates - February 5, 2026


TNPL unveils Rs 600 crore growth blueprint
Manufacturing   -  Jan 17,2025
Tamil Nadu Newsprint & Papers Ltd (TNPL) plans to invest over Rs 600 crore in FY2025 and FY2026 for expansion and modernization. The investment includes setting up a tissue paper plant, upgrading powe .


Trial run of Indian Oil's lube plant at Manali begins
Petroleum   -  Jan 17,2025
Indian Oil Corporation has begun the trial run of its Rs 1,400-crore integrated lube complex at Manali, Chennai. Once fully operational, it will be the second largest global lube plant with a 672,00 .


Lemon Tree Hotels inks new property in Gujarat
Hospitality and Healthcare   -  Jan 17,2025
Lemon Tree Hotels has signed a license agreement for a new property in Valsad, Gujarat, set to open in FY29. Managed by Carnation Hotels, the 46-room hotel will feature two restaurants, a banquet hall .


NMDC issues tender to appoint consultant for conveyor system in Chhattisgarh
Infrastructure   -  Jan 17,2025
NMDC has issued a tender to appoint a consultant for developing a parallel conveyor system in Chhattisgarh. The EPCM services will support transporting iron ore fines from SP-III to the new loading .


Garuda Construction & Engineering to build international convention centre in UP
Hospitality and Healthcare   -  Jan 17,2025
Garuda has secured a project to build a 24-lakh square feet convention center near Ramgadh Jheel, including 5,000-seat capacity and commercial and residential spaces. The project, expected to complete .


IBC to establish Rs 390 crore giga factory unit in Bengaluru
Manufacturing   -  Jan 16,2025
International Battery Company (IBC) plans to set up a Rs 390 crore lithium-ion gigafactory in Karnataka, generating 300 jobs. The facility, in partnership with Mahanagar Gas Limited, will produce ba .


IHG Hotels & Resorts to bring Holiday Inn brand to Puri
Hospitality and Healthcare   -  Jan 16,2025
IHG Hotels & Resorts has partnered with Ananya Group to develop a 100-key Holiday Inn hotel in Puri, Odisha, set to open in late 2028. The hotel will cater to spiritual and leisure tourists, offering .


Telangana Govt to develop luxury hotel and convention center
Hospitality and Healthcare   -  Jan 16,2025
The Telangana Government is developing a 200-key five-star hotel and convention center near the innovation campus. Tenders have been invited for the Rs 582 crore project, located opposite IKEA. The .



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