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IOCL, Panasonic to form joint venture to make lithium-ion cells
Petroleum - Apr 01,2024
Indian Oil Corporation Ltd (IOCL) and Panasonic Energy plan to form a joint venture for manufacturing cylindrical lithium-ion cells in India. They've signed a binding term sheet after a heads of .

JSW Steel gains as arm commissions hot strip mill at Karnataka plant
Metallurgical Industries - Apr 01,2024
JSW Steel's subsidiary, JSW Vijayanagar Metallics, inaugurated a hot strip mill at its Vijayanagar plant. With a 5 MTPA capacity, the mill produces plates, coils, featuring advanced technology li .

NACL Agri-Solutions and NACL Multichem Pvt Ltd Begin Commercial Production
Chemicals - Apr 01,2024
NACL Industries Limited's subsidiaries, NACL Agri-Solutions Private Limited and NACL Multichem Private Limited, have started commercial production. NACL Agri-Solutions operates in Telangana while .

Chennai refinery expansion cost goes up over Rs 3,600 crore, says IOC
Petroleum - Mar 29,2024
Indian Oil Corporation (IOC) plans to increase its stake in the joint venture constructing a 9 million tonnes refinery in Chennai to 75% due to a project cost escalation of over 12%. Originally, IOC a .

Prataap Snacks Limited inaugurates new facility in Jammu and Kashmir
Food Processing - Mar 28,2024
Prataap Snacks Limited announces the commencement of commercial production at its new unit in Jammu and Kashmir. The facility will produce various snacks, including extruded namkeen snacks and popcorn .

Shyam Metalics receives LoI for iron block in Maharashtra
Metallurgical Industries - Mar 28,2024
Shyam Metalics and Energy's JV, Natural Resources Energy, secured a letter of intent for the Surjagad-1 iron ore block in Maharashtra, covering 1,526 hectares. Dorite Tracon, a promoter company o .

ONGC to drill well for oil and gas in Bihar
Petroleum - Mar 27,2024
ONGC intends to drill wells in Bihar and Uttar Pradesh for oil and gas exploration, utilizing 3D seismic data acquired for its Samastipur block. The first drilling, estimated at Rs 30 to 35 crore, aim .

Prestige Estates inks pact with Marriott for 6 hotels in India
Hospitality and Healthcare - Mar 21,2024
Prestige Estates Projects and Marriott International are collaborating on six hotel projects in India, to be completed within two to five years. With an investment of approximately Rs 1,000 crore, the .