Airtel’s Nxtra to invest Rs 5000 crore in data centres

Bharti Airtel has announced that its subsidiary Nxtra will invest Rs 5,000 crore by 2025 to scale up its data centre business. Nxtra plans to build seven hyperscale data centres that will treble…

Ambuja Cement starts commercial production at Marwar plant in Rajasthan

Ambuja Cements Limited has started commercial production of clinker and cement at its Marwar Greenfield Plant (Marwar Cement Works) in Nagaur district of Rajasthan. The company, a member of Holcim, is one of…

JK Cement completes upgradation of clinker line 3 at Nimbahera

JK Cement Ltd has undertaken upgradation of clinker Line 3 at JK Cement Works, Nimbahera, Unit of JK Cement Ltd. This has been completed and commissioned recently. With this the clinker capacity of…

Ramkrishna Forgings starts commercial production at Plant VII – Fabrication Division and Forging Division

Ramkrishna Forgings Ltd has started commercial production of fabrication facility at Ramkrishna Forgings Limited – Plant VII (Fabrication Division), located at Plot No. 1988, Mouza Dugni, PO Kolabira, Dist. Saraikella, Kharswan. The company…

Organic BPS to set up Global Research Observatory

Organic BPS has revealed its plan to set up a Global Research Observatory. An announcement in this regard has been made on the occasion of the 152nd birth anniversary of Mahatma Gandhi. According…

Hines and DNR Group to develop office tower in Yeshwanthpur

Hines and DNR Group, a global real estate investment group, would spend Rs 650 crore on a one million sq ft grade-A 20-story office skyscraper in Yeshwanthpur, Bengaluru. DNR Group and Hines have…

Various infrastructure development projects taken up by Indian Railway

Multiple infrastructure developments are being taken up by the Indian Railway. Here are the details about the various projects that have been taken up recently by the Rail Land Development Authority. All these…

MCGM floats tender for development of multi specialty hospital

A tender has been floated by the Municipal Corporation of Greater Mumbai for development of MCGM Multi Specialty Hospital. This will be done at land bearing CTS No-681A/8B, 681A/3, 681A/4 of village Nahur…

Walton Street BlackSoil invests Rs 110 crore in housing developments in Hyderabad and Chennai

Walton Street BlackSoil Real Estate Debt Fund II (WSBREDF-II) has invested Rs 110 crores in two low-income housing projects in Hyderabad and Chennai. These projects are constructed by Krishnaiah Projects Pvt Ltd, a…

Consultancy deal for new railway line inked between India and Bangladesh

Under a Government of India Route of Credit, a new direct rail line from Bogura to Sirajganj in Bangladesh would be built (LoC). On September 27, in Dhaka, a deal was struck between…

Pride Group of Hotels plans to extend its portfolio by 2022

The Pride Group of Hotels has said that it will extend its portfolio to 50 hotels by 2022. Pride Hotels will have 50 locations and over 5,000 keys after the new openings are…

CCEA approves doubling of the Nimach-Ratlam railway route

The Cabinet Committee on Economic Affairs (CCEA) authorised the doubling of the Nimach-Ratlam railway line on Wednesday. Anurag Thakur, Minister of Information and Broadcasting, Sports and Youth Affairs, informed reporters following a Cabinet…

BPCL intends to build 1,000 EV charging stations

Bharat Petroleum Corporation (BPCL) intends to build 1,000 EV charging stations in the “short term.” Arun Kumar Singh, Chairman of BPCL, stated that the firm is seeking for new business possibilities and to…

Blue Star to invest Rs 550 crore in a new manufacturing facility in Sri City

Blue Star Ltd, an air conditioning and commercial refrigeration business, announced on Wednesday that it will invest about Rs 550 crore over the next several years to establish a greenfield manufacturing plant in…

Birla Corp plans to double cement capacity in 5 years

Birla Corporation, a subsidiary of the MP Birla Group, has said that it plans to nearly increase its cement manufacturing capacity to 30 million tonnes per year in the next five years, by…

RMZ to invest Rs 14,600 crore for real estate in Hyderabad

RMZ Corp will invest about Rs 14,600 crore ($ 2 billion) in commercial real estate space in Hyderabad by 2023. According to Thirumal Govindraj, the managing director of the leading privately owned real…