Hindustan Zinc to invest Rs 350 crore in a special purpose company

Hindustan Zinc Limited (HZL) said that it will invest Rs 350 crore in a special purpose company to generate up to 200 megawatts (MW) of renewable energy capacity. HZL said in a statement…

Wipro GE Healthcare annoucnes opening of new manufacturing plant under PLI scheme

Wipro GE Healthcare has announced the opening of a new manufacturing plant under the Production Linked Incentive (PLI) Scheme of the Indian government. Wipro GE Medical Device Production Factory (MDM) is a new…

Hemani Industries to raise Rs 2,000 crore through IPO

Hemani Industries Limited (Hemani), a maker of specialty chemicals, will raise 2,000 crore through an IPO (IPO). The money will be used to expand the capacity of Saykha Industrial Estate’s benzaldehyde (BCHO), benzyl…

Pannur and Parandur shortlisted for Chennai’s second airport

The Ministry of Civil Aviation has shortlisted two sites – Pannur and Parandur – to build the second airport in Chennai and has referred them to the state government. The ministry shortlisted two…

Sundram Fasteners to spend Rs 350 crore to manufacture AAT components

Under the government’s PLI plan, Sundram Fasteners has stated that it will invest Rs 350 crore in the manufacture of advanced automotive technology (AAT) components. This is part of the company’s planned investment…

UAE company to invest Rs 1500 cr in AP

A Mulk Holdings team lead by international chairman Nawab Shaji ul Mulk met with Chief Minister Y.S. Jagan Mohan Reddy at the camp office in Hyderabad to discuss their business plan in Andhra…

Maris Spinners Ltd Board of Directors approves to expand capacity

Board of Directors proposed expanding Maris Spinners Ltd’s manufacturing capacity, subject to the necessary permissions. Plant 1 in Hunsur, Mysore, currently has a capacity of 28704 spindles and is operating at 100% capacity….

Exide Industries to invest Rs 6,000 crore in Karnataka

Exide Industries has announced a Rs 6,000 crore investment in Karnataka. This is for the construction of one of the world’s largest giga factories for advanced cell chemistry. “Exide Industries MD & CEO,…

Ashoka Buildcon gets LoA from NHAI for road project

‘Development of 6 lane Access Controlled Greenfield highway from KM 162.500 to KM 203.100, Baswantpur to Singondi Section of NH 150 C (Package 4 of Akkalkot KNT of IS Border) on Hybrid Annuity…

New Projects by Arbuda Industries, G R Infraprojects, Harman Finochem and more…

Lucent Pharmatech’s New Synthetic Organic Chemicals Mfg. Unit Lucent Pharmatech is planning to take up new synthetic organic chemicals manufacturing unit in Navagam, Kathwada, Kheda, Gujarat. The project involves establish Synthetic Organic Chemicals…

Ajanta Soya Ltd completes solar power project of 1300KWP

Ajanta Soya Ltd has completed a solar power project with a capacity of 1300 KWP for captive consumption in the state of Rajasthan, located outside of the village of Jhinjhinyali, Tehsil Fatehgarh, Distt.:…

Cosmo Films to expand by establishing a CPP film production line

Cosmo Films Limited, a global leader in films for packaging, labelling, lamination, and synthetic paper, as well as an emerging player in specialty chemicals, polymers, and pet care, announced that it will expand…

Cygni to invest $40 million in new plant in Hyderabad

Cygni Energy Private Limited, a manufacturer of lithium-ion battery packs, plans to invest roughly $40 million (about Rs 300 crore) in a greenfield production factory in Hyderabad, with a capacity of around 40,000…

Nagpur Municipal Corporation signs MoU with Ramky Enviro Engineers

The Nagpur Municipal Corporation (NMC) has secured a contract with Ramky Enviro Engineers Limited of Hyderabad to carry out a building and demolition waste recycling project. Every day, 15-200 metric tonne (mt) of…

Odisha government gives nod to 12 investment proposals

Odisha government has approved 12 investment proposals totaling Rs 2,071 crore for various industries, resulting in the creation of 3,535 employment. The plans were authorised by the state-level single-window clearing authority (SLSWCA), chaired…

Dilip Buildcon becomes L-1 bidder of NHAI road project in Karnataka

Dilip Buildcon has been designated as the L-1 bidder in the National Highways Authority of India’s Hybrid Annuity Tender in the state of Karnataka. Under the Bharatmala Pariyojna, a 6 lane Access Controlled…