Lemon Tree Hotels signs a new hotel in Visakhapatnam

Keys Lite by Lemon Tree Hotels, SreeKanya, Visakhapatnam, Andhra Pradesh, is the newest signing for Lemon Tree Hotels. This hotel, which is owned by M/s. SreeKanya Combines, is slated to open in March…

Rajasthan allots land to Adani to set up 1,000 MW solar power project

Many important decisions were made at the Rajasthan cabinet meeting, which was chaired by Chief Minister Ashok Gehlot at his official residence, including the allotment of 2,397.54 hectares of government land in Bandha…

MM Forgings to invest $300 million to expand production

M M Forgings Ltd, a leading car parts manufacturer, plans to invest $300 million to expand production and capitalise on upcoming development prospects. The Chennai-based firm finished FY22 with its highest-ever turnover of…

VOC Port invites EoI to develop outer harbour project

The VO Chidambaranar Port Authority in Thoothukudi is requesting Expressions of Interest (EoI) to develop the nine-year-old outer harbour project on a design-build-finance-operate-transfer basis. The outer harbour container development will have a capacity…

Axis Energy Ventures commissions 445-MW solar plant in Rajasthan

Axis Energy Ventures India said that it has commissioned a 445 MW solar facility in Rajasthan in collaboration with Brookfield Renewables. Axis Energy Ventures India Private Limited stated in a statement that the…

JMC bags Rs 514.61 crore project from Kanpur Metro

JMC Projects was awarded the Rs. 514.61 crore Package KNPCC07 contract for Kanpur Metro Phase 1’s Transport Nagar Ramp – Naubasta Station. The 2nd elevated part of the line is this 5.427 km…

Refining & petrochemicals sector to attract $30 billion in investments

Rajesh Kamath, CEO of ThyssenKrupp Industrial Solutions India, said that the refining and petrochemicals sector would draw approximately $30 billion in investment over the next eight years. Kamath stated that the corporation is…

Visteon to double its headcount

Global automotive electronics major Visteon Corporation will be setting up a display manufacturing facility, increase its engineering centres, and double its headcount to 3,000 in India, Global President-CEO Sachin Lawande, said on Friday….

Telangana receives Rs 1,200 crore investments

Telangana has received Rs 1,200 crore in funding for an ethanol plant and biogas generating units. Bhuvi Biochemicals has pledged to invest Rs 1,040 crore towards the establishment of an ethanol plant. Approximately…

Escorts to invest Rs 350-400 crore

Escorts, a manufacturer of agricultural and construction equipment, is planning a capital investment of Rs 350-400 crore for the current financial year, buoyed by increased demand as a result of increased economic activity….

Thrissur railway station to be upgraded

The railway officials have devised a plan to upgrade the Thrissur railway station to world standards, with an estimated investment of Rs 100 crore. Railway Divisional Manager R Mukund said this in a…

NHAI invites bids for Bhaniyawala-Jollygrant-Rishikesh spur section

Bids for the Bhaniyawala-Jollygrant-Rishikesh spur segment have been requested by the National Highways Authority of India (NHAI). The project comprises four-laning the Bhaniyawala-Jollygrant-Rishikesh spur portion of NH-07 in Uttarakhand under NH(O) on Hybrid…

Elest to invest Rs 24,000 in Telangana

Elest, a subsidiary of gold merchant Rajesh Exports, would invest Rs 24,000 crore in Telangana to build the country’s first display fab plant. According to an official announcement issued, Telangana IT Minister K…

Rane Group to invest Rs 800 crore on capital projects

Over the next three years, the Rane Group plans to invest Rs 800 crore on capital projects. The corporation is trying to increase capabilities across companies as a result of a spike in…

First phase of Ayodhya junction’s redevelopment to be completed by 2022 end

The first phase of the restoration of Ayodhya crossroads is planned to be finished by the end of this year, boosting religious tourism in the holy city and, in turn, the district’s economy….

Two highways in Panaji to be completed soon

  Two highways in Panaji, one from Taj Vivanta to Tonca and the other from Old Patto Bridge to Four Pillars, are expected to be finished by the start of the next financial…