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Latest News - December 16, 2025

Karnataka approves Foxconn's additional Rs 13,911 crore investment
Manufacturing   -   Dec 13,2023
The Karnataka government's State High Level Clearance Committee (SHLCC) approved Foxconn's additional investment of Rs 13,911 crore for a mobile phone manufacturing unit. The initial investm...

RVNL-URC joint venture bags Rs 543-crore Indore Metro Rail project
Automotive Industries   -   Dec 13,2023
Rail Vikas Nigam Ltd (RVNL) and URC Construction Pvt Ltd (URC) have secured the lowest bid for the Indore Metro Rail Project. Valued at Rs 543 crore, the project involves designing and constructing an...

ZF to manufacture transmissions in Coimbatore
Manufacturing   -   Dec 13,2023
German automobile supplier ZF Group is set to establish a transmission and axle manufacturing plant in Coimbatore, covering 12,000 sq. mt. The facility aims to serve both domestic and export markets, ...

Lemon Tree Hotels inks a new property in Kundapura, Karnataka
Automotive Industries   -   Dec 13,2023
Lemon Tree Hotels has signed a new property in Kundapura, Karnataka, expected to commence operations by FY27. The hotel will be managed by Carnation Hotels Private Limited, the management arm of Lemon...

KPI Green Energy Ltd's subsidiary bags order of 1.75 MW for solar power projects
Power Generation   -   Dec 13,2023
KPIG Energia, a wholly-owned subsidiary of KPI Green Energy, has secured 1.75 MW in new orders for solar power projects in the 'Captive Power Producer (CPP)' segment from Citizen Umbrella Ma...

New Rajahmundry airport terminal to be operational by end of 2025, says AAI Chairman
Infrastructure   -   Dec 12,2023
Union Civil Aviation Minister Jyotiraditya Scindia laid the foundation stone for Rajahmundry airport's new terminal, set to be operational by December 2025. The 17,000 square meters facility, cos...

ONGC to invest upto Rs 35,000 crore for 5 GW solar, wind energy
Power Generation   -   Dec 12,2023
Oil and Natural Gas Corporation (ONGC) is planning to invest Rs 30,000 to Rs 35,000 crore for the first phase of solar and wind energy projects, targeting five GW capacity by 2030. The investment will...

RVNL secures Rs 543 crore project from Madhya Pradesh Metro Rail Corporation
Infrastructure   -   Dec 12,2023
Rail Vikas Nigam Ltd (RVNL) has secured a Rs 543 crore order from Madhya Pradesh Metro Rail Corporation for the construction of elevated stations in the Indore Metro Rail Project. The RVNL-URC JV emer...




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