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…

Coal Sector to Invest Rs.12500 Crore for 35 First Mile Connectivity: Pralhad Joshi

Pralhad Joshi, Union Minister of Coal, Mines and Parliamentary Affairs, stated that scaling up domestic coal production should be a top priority for all CIL subsidiaries to maintain a steady supply of coal,…

Defence Ministry signs MoU worth Rs 3,102 crore with BEL

The Defence Ministry has secured two contracts totaling Rs 3,102 crore with Bharat Electronics Limited‘s Bengaluru and Hyderabad plants (BEL). The Defence Ministry and BEL-Bengaluru have agreed to equip the Indian Air Force…

Mega IT data centre to come up in 19-acre industrial zone in Powai

The state urban development department of Mumbai has approved the transfer of 7.7 hectares (19 acres) of special development zone land in Powai to an industrial zone. Yotta of the Hiranandani group will…

Mopa international airport to commence operation by August 2022

The international airport near Mopa village in North Goa, according to Goa Governor P S Sreedharan Pillai, is projected to be completed and commissioned by August 2022. According to him, the building of…

G R Infraprojects gets LoA for five NHAI projects

G R Infraprojects has won a Letter of Award (LoA) from the National Highways Authority of India for five projects totaling Rs 5,774 crore. The first project is the development of a four-lane…

Mulk Holdings meet YS Jagan Mohan Reddy, to invest Rs 1,500 crore in AP

Mulk Holdings team led by international Chairman Nawab Shaji ul Mulk met with Chief Minister YS Jagan Mohan Reddy at the camp office in Hyderabad to discuss their company’s business plan in Andhra…

Motherson Group look for global partner in semiconductor industry

Motherson Samvardhana Sumi Group is looking for a global partner to help them break into the semiconductor industry. With 29 separate joint ventures, the Indian conglomerate has already purchased 300 acres on the…

Adani Group secures Rs 12,770 crore loan from SBI to fund first phase of Navi Mumbai airport project

The Adani Group has secured a Rs 12,770-crore loan from the State Bank of India to fund the first phase of the Navi Mumbai international airport project. The Group announced the signing of…

Shree Pushkar Chemicals and Fertilisers commences trial production at Ratnagiri

Shree Pushkar Chemicals and Fertilisers has announced the start of trial production at unit five of MIDC Lote Parshuram in Ratnagiri. The new plant has a 66,000 MTPA capacity for sulphur chemistry and…

PNC Infratech gets a new Hybrid Annuity Highway Project

PNC Infratech Limited has been named the L1 (lowest) bidder for an NHAI project titled “Construction of 6 Lane with Access Controlled Greenfield Highway from km 26.000 to km 97.000, MH/KN Border (Badadal)…

Ashoka Buildcon becomes lowest bidder for NHAI HAM 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 TS Border) on Hybrid Annuity…

Lemon Tree Hotels signs a new property in Rishikesh

With Aurika, Rishikesh in Uttarakhand, Lemon Tree Hotels Ltd. announced its newest signing under Aurika Hotels & Resorts – Luxury by Lemon Tree Hotels. This is a Greenfield project in Narendra Nagar that…