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tower News & Updates - November 8, 2024


Oberoi Hotels to acquire Pune firm to construct Trident hotel
Hospitality and Healthcare   -  Sep 18,2024
The Oberoi Hotels group plans to acquire a 51% stake in Pune-based Muttha Towers II Pvt Ltd for ₹254 crore, aimed at developing a mixed-use project featuring a Trident Hotel and a commercial complex .


Shinde government approves fresh investment projects worth Rs 1.17 lakh crore in Maharashtra
Manufacturing   -  Sep 09,2024
The Maharashtra government has approved four high-tech projects, totaling Rs 1,17,220 crore, expected to create around 29,000 jobs. These projects, spread across Marathwada, Vidarbha, Pune, and Panv .


Adani to construct Rs 83,947 crore semiconductor unit with Israeli firm in Maharashtra's Taloja
Infrastructure   -  Sep 07,2024
The Adani Group, in partnership with Israel's Tower Semiconductor Ltd, will build a semiconductor fabrication plant in Taloja, near Mumbai, with an Rs 83,947 crore ($10 billion) investment. The p .


Japan's Sharp to invest $3-5 billion in India’s semiconductor future
Manufacturing   -  Apr 29,2024
Sharp Corporation plans a $3-5 billion investment in India for a display fab semiconductor factory, crucial for TV and digital screen production. Meetings with India's Communications Minister s .


NTPC arm inks MoU with Indus Towers
Automotive Industries   -  Apr 23,2024
NTPC Green Energy and Indus Towers signed an MoU to advance green energy objectives in alignment with India's carbon neutrality goals. NTPC Green Energy, a subsidiary of NTPC, will focus on renew .


Tower's foundry plan gets Cabinet approval
Manufacturing   -  Mar 01,2024
The Centre approved Israeli semiconductor company Tower's proposal, marking India's first pure-play chip foundry. Minister Rajeev Chandrasekhar noted India's recent strides in the semic .


Israel-based semiconductor company Tower makes second bid to enter India
Manufacturing   -  Oct 24,2023
Tower Semiconductor, an Israeli chip manufacturer, shows renewed interest in India's chip incentive program, eyeing the establishment of a semiconductor fabrication facility. Tower's potenti .


Hotel Polo Towers teams up with Nagaland Government
Infrastructure   -  Sep 29,2023
Hotel Polo Towers Group and the Department of Tourism, Government of Nagaland have formed a landmark partnership to introduce the state's first 5-star resorts. This venture includes a 5-star hote .