Garuda Aerospace signs MOU with IISc

In order to collaborate on technical drone and research operations for a two-year term, drone manufacturer Garuda Aerospace and the Indian Institute of Science (IISc) signed a memorandum of understanding (MoU) on Wednesday….

New Projects by Banashri Bio-Refineries, Finorchem and Hindustan Zinc Alloys

Banashri Bio-Refineries’ New Grain Based Distillery/ Ethanol Plant Banashri Bio-Refineries is planning to take up new grain based distillery / ethanol plant in Kushtagi, Koppal, Karnataka. The project involves establishment of grain based…

New Projects by Allianz Distillery, Blue Star Industries and Dinkarrao Jadhav Industries

Allianz Distillery’s New Grain Based Distillery Mfg. Project Allianz Distillery is planning to take up new grain based distillery manufacturing project in Mathura, Uttar Pradesh. The project involves manufacturing of grain based distillery…

Rallis India plans a capex of Rs 250 crore

Rallis India Limited, a subsidiary of Tata Chemicals, is planning a Capex of Rs  250 crore in FY 2022-23. Speaking at Q2 FY23 Earnings Conference Call, Subhra Gourisaria, Chief Financial Officer, Rallis India…

Government gives nod to 42 firms for design-led PLI scheme

The government has received investment commitments totaling Rs 4,115 crore and approved 42 companies for the production-linked incentive (PLI) scheme for telecom and networking equipment. According to the ministry of communications, all businesses…

Attero to invest Rs 600 crore to set up recycling unit in Telangana

Attero India, a company that recovers electronic waste, will invest roughly Rs 600 crore to build a new facility in Telangana. According to IT and Industries Minister KT Rama Rao, the new facility…

Amit Shah inaugurates, lays stone of projects worth Rs 6,629 crore in Haryana

Union Home Minister Amit Shah laid the foundation stone of the Haryana Orbital Rail Corridor and inaugurated three other projects here worth a combined Rs 6,629 crore. Shah inaugurated the projects virtually from…

MMRDA floats tender for works of Metro Lines-4 & 4A

The Mogharpada Metro Lines 4 & 4A construction project has been put out to bid by the Mumbai Metropolitan Region Development Authority (MMRDA). Construction of depot infrastructures, including a stable yard, an operational…

Government sanctions Rs 185 crore for coastal road

The government has approved Rs 184.6 crore for the coastal road that runs from Chellanam South to Fort Kochi as part of the highway project to expedite construction on it in the district….

Govt announces electronics manufacturing cluster in Ranjangaon

An Electronics Manufacturing Cluster will be built in Ranjangaon, Maharashtra, at a cost of Rs 500 crore, as per Union Minister Rajeev Chandrasekhar. The Electronics Manufacturing Cluster (EMC) is expected to draw over…

Yotta signs MoU with UP govt to invest Rs 39,000 crore in data centre park

In order to invest Rs 39,000 crore, Yotta and the Government of Uttar Pradesh have signed a memorandum of understanding (MoU). With the investment, a campus for a data centre will be built…

Odisha CM inaugurates and laid foundation stones for a slew of projects worth Rs 488 crore

Odisha CM inaugurates and laid foundation stones for a slew of projects worth Rs 488 crore Odisha Chief Minister Naveen Patnaik inaugurated and laid the foundation stones for a slew of projects worth…

Rajasthan government allots Rs 204.81 crore for Jaipur Metro expansion work

The Rajasthani government has approved Rs 204.81 crore for the Jaipur Metro extension. The Jaipur Metro’s Phase 1D (Mansarovar to Ajmer Road intersection) construction has received financial permission from Chief Minister Ashok Gehlot,…

Rafael Advanced Defense Systems announces strategic alliance with Centum Electronics

Rafael Advanced Defense Systems Limited, with headquarters in Israel, and Centum Electronics Limited announced their strategic alliance. In accordance with the MoU, both businesses will work together to develop electronic warfare systems for…

RVNL bags Chennai Metro Line-3’s Sholinganallur-SIPCOT Section

Rail Vikas Nigam Ltd (RVNL) has submitted the lowest bid for the 10.13 km Sholinganallur Lake – SIPCOT 2 section of Chennai Metro Line-3 (Package C3-ECV-01/RT-01). The 45.8 km Line-3 segment of the…

PM lays foundation stone for C-295 aircraft facility at Vadodara

Prime Minister Narendra Modi said that India’s aviation sector is poised for robust growth in the coming decade as the country will soon be among the top three nations with the world’s largest…