Uno Minda to invest Rs 300 crore to increase manufacturing capacity

To keep up with rising demand, Uno Minda Limited (previously known as Minda Industries Limited), a Tier-1 supplier of unique automotive solutions and systems to original equipment manufacturers (OEMs), is investing about Rs…

Apple plans iPhone 14 manufacturing from India

About two months after the product’s original availability in China, Apple Inc. intends to begin producing the iPhone 14 in India. According to the report, which cited people with knowledge of the situation,…

TN signs MoU to invest Rs 2,250 crore in leather sector

At the Tamil Nadu Footwear and Leather Sector Conclave 2022, Tamil Nadu, India’s top leather exporter, pledged an investment of 2,250 crore in the footwear and leather sector and unveiled an annual policy…

TN CM Stalin to lay foundation stone for two industrial infrastructure projects in Coimbatore

At a ceremony in Tiruppur on Thursday, Chief Minister M K Stalin will formally lay the groundwork for two industrial infrastructure projects in Coimbatore. The State government will reportedly spend 22 crore to…

UP Defence Corridor receives 93 investment bids

UP Defence Corridor has received 93 investment bids totaling more than Rs 11,250 crore. The process of luring more defence industry enterprises is under progress. The Uttar Pradesh Expressway Industrial Development Authority (UPEIDA),…

Hitachi teams up with Doddaballapur to establish a new facility

Hitachi Energy has partnered with manufacturing power quality products to establish a new facility at Doddaballapur on the outskirts of Bengaluru. This new facility, which has a production capacity of 20,000 units of…

CPCL approves 9 mmta Cauvery Basin Refinery project

The 9 mmta Cauvery Basin Refinery (CBR) project, which would cost Rs 31,580 crore, has been approved by the board of Chennai Petroleum Corporation Ltd. (CPCL), which has agreed to contribute up to…

NHPC signs preliminary contract with BEL

A preliminary contract was signed by NHPC and Bharat Electronics Ltd (BEL) for the establishment of a large-scale manufacturing facility for solar equipment. According to a BSE filing, “NHPC and BEL have signed…

NTPC captures its first CO2 from flue gas stream at NTPC Vindhyachal

The 500 MW coal-fired power plant (Unit-13) at Vindhyachal Super Thermal Power Station has seen the first carbon dioxide absorbed from the flue gas stream by NTPC Limited (VSTPS). The daily carbon dioxide…

Huntsman Commissions 180 KW rooftop solar facility at Chakan

As part of its commitment to establishing a sustainable and low-carbon economy to support carbon neutrality, Huntsman India, a manufacturer and marketer of differentiated chemicals, has commissioned a 180 kilowatts (KW) rooftop solar…

Lemon Tree Hotels signs new hotel in Hubli, Karnataka

The newest addition to Lemon Tree Hotels’ roster is the Lemon Tree Hotel in Hubli, Karnataka. The management of this property will be handled by Carnation Hotels Private Limited, a division and subsidiary…

Greenply Industries signs PPA and SHA for hybrid power

Green ply Industries has announced that, it along with its Wholly Owned Subsidiary, Baahu Panels, have signed a Power Purchase Agreement (PPA) and Share Holders Agreement (SHA), for a combined SMW capacity with…

Railway board rejects feasibility report of Delhi-Varanasi bullet train corridor

The proposed high-speed railway corridor between Delhi and Varanasi has hit a roadblock with the Railway Board rejecting the feasibility report on the project citing multiple curves along the route which will not…

India Glycols to invest Rs 180 croreon Grain-based bioethanol plants

Anand Singhal, Chief Financial Officer of India Glycols Limited said that the company plans to invest between Rs 175 and Rs 180 crore in FY2022-23. Singhal comments, “We have some capex expenses, which…

WB Cabinet gives nod for 18 new industrial units, five parks

The West Bengal Cabinet has given its nod to set up 18 industrial units and five new industrial parks in the state, Finance Minister Chandrima Bhattacharya said. The cabinet, in its first meeting…

Brahmaputra Infrastructure bagsorder in JV for Rs 177.45 crore

The office of DY. Chief Engineer Constraction – III, Hassanpura Road Optt.Nwr, Railway Hospital, Jaipur, Rajasthan, has given Brahmaputra Infrastructure an order for the joint venture known as JCC InfraprojectsBil JV for the…