Dilip Buildcon completes Sangli-Solapur section road project

The project “Four Laning of Sangli Solapur Section of NH-166 from existing Ch. Km 314.969 to Ch 370.452 of length 56.500 km in Maharashtra under Hybrid Annuity Mode” has been partially completed, according…

Macrotech ties up with Morgan Stanley

Macrotech Developers has announced a Rs 600 crore partnership with Morgan Stanley Real Estate Investing (MSREI) to create a premium warehouse property near Mumbai. The company offers its properties under the Lodha brand,…

REC gets Rs 1,275 cr term loan to finance solar PV tech

According to the Finance Ministry’s approval, REC, the state-owned non-banking financial company in the power sector, has entered into an agreement with Germany’s KfW Development Bank.   The pact is for an official…

CenturyPly invests Rs 956 crore in Andhra Pradesh

In Andhra Pradesh, CenturyPly invested Rs 956 crore. It plans to build a manufacturing facility in Kadapa’s Gopavaram area, near Badvel. Y S Jagan Mohan Reddy, the Chief Minister of Andhra Pradesh, laid…

Jindal SAW partners with Hunting Energy to set up precision machine shop in JV

Jindal SAW partners with Hunting Energy to set up precision machine shop in JV Jindal SAW, a manufacturer of steel pipes, has partnered with Hunting Energy Services of the United States to establish…

Jindal SAW partners with Hunting Energy to set up precision machine shop in JV

Jindal SAW, a manufacturer of steel pipes, has partnered with Hunting Energy Services of the United States to establish a precision machine facility in India. Hunting Energy will control the remaining 49 percent…

Indian Oil Corporation, Adani Total Gas highest bidders for city gas licenses

In the last city gas bidding round, the state-owned Indian Oil Corporation (IOC) and Adani Total Gas Ltd, a joint venture between billionaire Gautam Adani’s gas business and Total of France, bid for…

Healthcare, Pharma industry looks to maintain momentum in 2022

The Indian pharma and healthcare industry is looking to build on the experience of the last two years, strengthen the partnership with the government, and maintain the momentum in 2022, after demonstrating its…

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,…

New Water Treatment Projects in India – 2021

Rean Watertech and P C Snehal Construction Co. (JV) is planning to take up a new water treatment plant in Baadkhera Vijaypur, Sheopur, Madhya Pradesh. The project involves setting up water treatment plant…

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)….