The Colaba-Bandra-Seepz Metro line 3’s first trainset delivered by Alstom was successfully trial-run by Mumbai Metro Rail Corporation Limited (MMRCL) (Aqua Line). Being 75% motorised, it is the city’s first driverless metro project…
Shyam Steel, a maker of TMT bars, announced an investment plan in Bengal for Rs 2500 crore over FY’25 for capacity expansion and growing retail operations throughout North India. The Kolkata-based company announced…
South Western Railway has invited bids for construction of electrified double line track between Penukonda Junction (136.694 km) to Dharmavaram (176.600 km) including telecommunication & electrical works. The estimated value of the works…
Arunachal Pradesh would get an oil palm mill, and 3.2 lakh hectares will be used for cultivation in the North-East states, according to Patanjali Foods Ltd, formerly known as Ruchi Soya Industries. TageTaki,…
The world’s largest steelmaker POSCO and ZeroC, a division of Greenko, a provider of renewable energy, struck an agreement to work together to produce green hydrogen and other derivatives of the fuel. Both…
Prime Minister Narendra Modi, who is on a two-day visit to Kerala and Karnataka, inaugurated two projects of Mangalore Refinery and Petrochemicals (MRPL) worth Rs 2,510 crore. The Prime Minister also inaugurated and…
The construction of Tori-Shivpur-Kathautia railway line in Jharkhand is likely to add around 125 million tonnes (MT) coal evacuation capacity and help in reducing transportation of dry fuel via road, an official statement…
Gujarat’s state-run GMDC announced that it is considering conducting a study to ascertain the economic potential of establishing a rare earth elements processing facility there. The development of renewable energy technology such as…
Havells has announced that it intends to increase the production capacity of washing machines at its Ghiloth plant in Rajasthan. According to a regulatory filing by Havells, internal accruals would be used to…
To capture more of the expanding market, Nippon Steel Corp, the largest steel producer in Japan, aims to roughly increase the capacity of its Hazira facility in India’s crude steel output. Despite mounting…
Merck announces inauguration of healthcare research & development centre in Bengaluru. The Merck India R&D Excellence Centre helps treat patients with unmet medical needs all around the world by contributing to the company’s…
The plans to establish bulk drug parks from Himachal Pradesh, Gujarat, and Andhra Pradesh have received preliminary permission from the government. The scheme, with a budget of Rs 3,000 crore, offers governments financial…
Aurobindo Pharma announced that CuraTeQ Biologics, a fully owned subsidiary, intends to spend about Rs 300 crore to increase the capacity of biologics manufacturing facilities. Aurobindo Pharma stated in a regulatory filing that…
A second BOPP film line and metallizer project in Indore, with a projected cost of 424 crore, has been approved, according to an announcement from SRF Limited. The project was introduced on August…
The latest 55-bed spoke hospital for the largest paediatric multispecialty and obstetrics & gynaecology children’s care hospital network in India, Rainbow Children’s Medicare Limited (RCML/Company), has opened in Chennai, Tamil Nadu’s OMR (Sholinganallur)….
The Oberoi Group, a network of upscale hotels, has offered to invest Rs 1,500 crore in a number of projects in Andhra Pradesh, directly employing 1,500 people in the process. Rajaraman Shankar, President…