Work begins for upgrading infrastructure for maintenance of ‘Vande Bharat’ coaches in Tiruchi

The construction of the infrastructure needed to maintain the semi-high-speed “Vande Bharat” train at this location’s broad gauge coaching depot has begun, according to the Tiruchi Railway Division. In order to improve one…

Bengal government allots land to Jubilant Foodworks

Jubilant Foodworks, which manages well-known fast food companies Domino’s Pizza and Dunkin Donuts in India, has received property from the Bengal government. Amardeep Singh Aluwalia, executive vice-president and chief operational officer of Jubilant,…

Flipkart to construct three automated fulfillment centres worth Rs 3,600 billion

{ Walmart-owned Flipkart, the largest online retailer, would spend more than Rs 3,600 billion over the next three years to construct three massive automated fulfilment centres. For the Flipkart Group, this includes two…

JMRC awaits financial nod for Metro Phase-1D project

The Jaipur Metro Rail Corporation (JMRC) has submitted the proposed Jaipur Metro phase-1D between Mansarovar and Ajmer Road (200-feet Chauraha) to the state government for budgetary permission. After conducting an environmental impact assessment…

Chhattisgarh to get a 1,320 MW thermal power plant

Bhupesh Baghel, the chief minister of Chhattisgarh, announced that the state will build a huge thermal power plant with a 1,320 MW capacity. According to officials, he announced it at a review meeting….

Tata Steel gets land allotment letter to set up Rs 2,600 crore plant in Ludhiana

Punjab Chief Minister Bhagwant Mann handed over the land allotment letter to the Tata group for setting up its maiden scrap-based steel plant at an investment of Rs 2,600 crore in Ludhiana. The…

Grasim Industries to invest Rs 3,117 crore

Grasim Industries‘ chairman, Kumar Mangalam Birla, the Aditya Birla Group’s flagship company will invest Rs 3,117 crore in its current operations in FY23. This investment would go toward upgrading and expanding plant capacity….

Suzuki Motor to invest Rs 18K cr for setting up EV battery unit

Suzuki Motor Corporation revealed plans to open a new research and development (R&D) facility in India. Prime Minister Narendra Modi recently laid the cornerstone for the company’s electric vehicle battery production facility in…

Adani group to construct 1,000 MW data centres

Adani Group company AdaniConneX plans to construct 1,000 megawatt data centres over the course of ten years, nearly doubling the current scale of the whole industry. Sanjay Bhutani, Senior Vice President and Head…

NHPC inks pact with Himachal Pradesh govt for 500 MW Dugar hydro project

The 500 MW Dugar Hydroelectric Project will be implemented in the Chamba district according to an agreement between the Himachal Pradesh government and the state’s dominant hydropower company, NHPC. A statement read, “NHPC…

NTPC board approves Rs 11,843 crore investment for 1320 MW Talcher power project Stage-III

The board of state-run power giant NTPC has approved an investment of Rs 11,843.75 crore for 1,320 MW Talcher Thermal Power Project, Stage-III. “Board of Directors of the Company has accorded investment approval…

ABB announces expansion and upgradation of Smart Power factory in Nelamangala

Electronics and automation giant ABB India announced that it has rebuilt and extended its smart power factory in Nelamangala, Bengaluru, in order to keep up with the rapid increase in demand for its…

Adventz Group plans to sell Mangalore Chemicals to Chambal Fertilizers

The Adventz Group, a diversified business run by Saroj Poddar, is considering a plan to sell Mangalore Chemicals to Chambal Fertilizers in an effort to restructure its corporate structure. Poddar owns a 54…

Reliance Industries Limited to invest in polyester capacity expansion

Reliance Industries Limited (RIL), an Indian multinational conglomerate, would invest in capacity growth in the polyester value chain over the next five years, the company’s chairman Mukesh Ambani announced at the 45th Annual…

Trilateral agreement signed to develop modern multi modal logistics park in India

In order to centralise freight consolidation and lower logistics costs from 14% of GDP to less than 10% of GDP in line with worldwide standards, a tripartite agreement for the quick establishment of…

Rajasthan receives investment commitments worth Rs 69,789 crore

A MoU signing ceremony was held in the nation’s capital as a part of the upcoming Invest Rajasthan 2022 investors event, which was organised by the Rajasthan government. Avaada Energy’s proposed Rs 40,000…