KCCI proposes to set up Mangaluru-Bengaluru Industrial Corridor

A plan to establish a Mangaluru-Bengaluru Industrial Corridor has been proposed by the Kanara Chamber of Commerce and Industry (KCCI) (MBIC). In a letter to Union Commerce and Industry Minister Piyush Goyal, the…

Adani Transmission bags 2 renewable energy projects in TN and Gujarat

Adani Transmission Ltd (ATL), India’s largest power transmission business, has secured two projects in Gujarat and Tamil Nadu that would provide connection to critical renewable energy projects. ATL announced in a statement that…

Kabra Extrusion Technik board sanctions raising Rs 301 crore for expansion

Kabra Extrusion Technik Ltd‘s board of directors has accepted a plan to raise up to Rs 301 crore for the expansion of its Battrixx future technologies brand, the firm announced. According to the…

Coal Ministry auctions two mines after bids

The preferred bidder for the Lalgarh (North) coal mine in Jharkhand is Adhunik Power and Natural Resources Ltd. The coal ministry announced that Auro Coal Pvt Ltd has been selected as the preferred…

CMRL invites bids for construction of underground stations

The Chennai Metro Rail (CMRL) has issued a request for proposals for the building of subterranean stations as part of the Phase-II project. The scope of work includes the construction of underground stations…

Isgec Heavy Engineering commences commercial production of ethanol

After receiving all regulatory permits, Isgec Heavy Engineering Limited’s wholly owned subsidiary Saraswati Sugar Mills Limited (SSML) has started commercial production at its 100 KLPD Ethanol plant in Yamuna Nagar. The facility was…

Gulshan Polyols gets sanction letter from HSBC for Ethanol project

Gulshan Polyols Ltd approached Hongkong and Shanghai Banking Corporation Limited (‘HSBC’ or ‘Bank’) for a term loan of / INR 1700 million / INR 170 crores for the construction of a 500 KLPD…

Havells’ washing machine manufacturing unit in Rajasthan commences operation

Havells India, a homegrown consumer electronics company, announced that its washing machine manufacturing plant in Ghiloth, Rajasthan, has begun operations. The facility, which spans 50 acres, would greatly boost Lloyd’s washing machine production…

Dilip Buildcon completes Sangli-Solapur section road project

The project “Four Laning of Sangli Solapur Section of NH-166 from existing Ch. Km 314.969 to Ch 370.452 of length 56.500 km in Maharashtra under Hybrid Annuity Mode” has been partially completed, according…

Macrotech ties up with Morgan Stanley

Macrotech Developers has announced a Rs 600 crore partnership with Morgan Stanley Real Estate Investing (MSREI) to create a premium warehouse property near Mumbai. The company offers its properties under the Lodha brand,…

REC gets Rs 1,275 cr term loan to finance solar PV tech

According to the Finance Ministry’s approval, REC, the state-owned non-banking financial company in the power sector, has entered into an agreement with Germany’s KfW Development Bank.   The pact is for an official…

CenturyPly invests Rs 956 crore in Andhra Pradesh

In Andhra Pradesh, CenturyPly invested Rs 956 crore. It plans to build a manufacturing facility in Kadapa’s Gopavaram area, near Badvel. Y S Jagan Mohan Reddy, the Chief Minister of Andhra Pradesh, laid…

Jindal SAW partners with Hunting Energy to set up precision machine shop in JV

Jindal SAW partners with Hunting Energy to set up precision machine shop in JV Jindal SAW, a manufacturer of steel pipes, has partnered with Hunting Energy Services of the United States to establish…

Jindal SAW partners with Hunting Energy to set up precision machine shop in JV

Jindal SAW, a manufacturer of steel pipes, has partnered with Hunting Energy Services of the United States to establish a precision machine facility in India. Hunting Energy will control the remaining 49 percent…

Indian Oil Corporation, Adani Total Gas highest bidders for city gas licenses

In the last city gas bidding round, the state-owned Indian Oil Corporation (IOC) and Adani Total Gas Ltd, a joint venture between billionaire Gautam Adani’s gas business and Total of France, bid for…

Healthcare, Pharma industry looks to maintain momentum in 2022

The Indian pharma and healthcare industry is looking to build on the experience of the last two years, strengthen the partnership with the government, and maintain the momentum in 2022, after demonstrating its…