Chennai Metro Rail floats tender for construction of five underground stations

The Chennai Metro Rail Phase-II Project has issued a request for proposals for the construction of five subterranean stations. Construction of five underground stations at Thapalpetti, Moolakadai, Sembiyam, Perambur Market and Perambur Metro,…

MARS Petcare to invest Rs 500 crore in India

MARS Petcare India, one of the country’s top pet food companies, has inked a memorandum of understanding with the Telangana government to expand its petfood production in Hyderabad. MARS Petcare plans to invest…

SBI invests Rs 100 crore in JSW cement

JSW Cement has purchased a minority share from the State Bank of India (SBI). The public sector banking behemoth has made a Rs 100 crore investment in the company through compulsorily convertible preference…

Modi naturals enters into ethanol manufacturing

Modi Naturals Limited has made the decision to build an ethanol plant in Chhattisgarh. Modi Naturals Limited has established a 100 percent subsidiary (wholly owned subsidiary) called ‘Modi Biotech Private Limited’ for this…

Gujarat Fluorochemicals to enter into batteries for EV

Gujarat Fluorochemicals Limited (GFCL), a major chemical company, will enter the electric vehicle battery market. The company has established GFCL EV Products Limited, a wholly-owned subsidiary. GFCL announced in a regulatory filing that…

Mahindra’s SsangYong teams up with Chinese firm for EV battery development

SsangYong Motor Co, the South Korean part of Indian automaker Mahindra and Mahindra Ltd, announced that it has struck an initial agreement for EV battery research with Chinese electric vehicle manufacturer BYD Auto…

IRB Infra’s subsidiary Chittoor Thachur Highway executes concession agreement with NHAI

Chittoor Thachur Highway Private Limited, a wholly-owned subsidiary of IRB Infrastructure Developers Ltd, has signed a concession agreement with the National Highways Authority of India, the company notified to the stock exchanges (NHAI)….

Central government launches Open Acreage Licensing Programme Bid Round

The Open Acreage Licensing Programme (OALP) Bid Round-VII for International Competitive Bidding has been announced by the central government. Bids can be filed using a specialised online e-bidding portal until 12 a.m. on…

Gadkari lays foundation stone, inaugurates several projects in Uttar Pradesh

Union Minister Nitin Gadkari inaugurated and laid foundation stones for road projects worth Rs 4,160 crore in the Uttar Pradesh districts of Jaunpur and Mirzapur. Gadkari laid the foundation stone for three national…

L&T Construction secures large order for its buildings and factories business

The Government of Odisha has placed a significant order with Larsen & Toubro’s Buildings & Factories company to construct clinical blocks and ancillary infrastructure for a state-of-the-art hospital in Cuttack. This EPC project…

Tata Motors inks pact with Maharashtra to set up vehicle scrapping facility

Tata Motors has inked a memorandum of understanding (MoU) with the Maharashtra government to support setting up a registered vehicle scrapping facility. The scrappage centre to be set up in Maharashtra will have…

ZR Power Holdings to invest Rs 1,200 cr in Maharashtra

Hyderabad-based energy producer ZR Power Holdings has signed a Memorandum of Understanding (MoU) Maharashtra government to invest Rs 1,200 crore in the State. As per the MoU, a total of two ZR Data…

Kudankulam Nuclear Power Plant starts construction of Unit 6

Expanding Indo-Russian strategic partnership, the construction of the Russia-supported Kudankulam Nuclear Power Plant (NPP) Unit 6 was launched on Tuesday through the first concrete in the foundation slab of the reactor building. Russian…

Digboi refinery to increase capacity from 0.65 MMTPA to 1.0 MMTPA

The capacity of the world’s oldest refinery, Digboi, will be increased, according to Hardeep Puri, the Union Minister for Petroleum and Natural Gas. He stated that Indian Oil Corporation Limited (IOCL) has already…

Adani Enterprises bags Ganga expressway project

The Adani Group’s flagship company, Adani Enterprises Ltd (AEL), has won a Letter of Award (LoA) from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) to build three main segments of the greenfield…

Manipur PWD floats tender for construction of road

Manipur’s Public Works Department has issued a request for proposals for the construction of a road under the ISC Scheme. Construction of a road from 0.00 km to 32.31 km (PH-I 32.31 km)…