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Naturals Dairy to invest Rs 150 crore in Patna
Infrastructure - May 21,2024
Radisson Blu will open a five-star hotel in Patna by 2026, investing Rs 150 crore. An MoU was signed between KB Kachru, Radisson Blu's South Asia Chairman, and Hemant Kumar Das, CEO of Naturals D .

Artemis Medicare Services raises Rs 330 crore via CCDs
Infrastructure - May 20,2024
Artemis Medicare Services secures Rs 330 crore through Compulsorily Convertible Debentures with IFC. The fund aims to enhance bed capacity, specialty services, and patient care in Delhi NCR. It target .

Karnataka's first waste-to-energy plant to be operational in 2 weeks at Bidadi
Power Generation - May 17,2024
A joint initiative between Karnataka Power Corporation Ltd (KPCL) and Bruhat Bengaluru Mahanagara Palike aims to power around two lakh homes within 15 days using Karnataka's first operational was .

Phoenix Mills to build hotels in Bengaluru, Mumbai
Infrastructure - May 15,2024
Phoenix Mills, a Mumbai-based property developer, plans hotel expansions, including a 400-key premium hotel in Bengaluru's Marketcity, managed by Hyatt under the Grand Hyatt brand. They also ac .

Nayara announces foray into ethanol production with investment of Rs 600 crore
Petroleum - May 15,2024
Nayara Energy Ltd is investing ₹600 crore to build two ethanol plants in Andhra Pradesh and Madhya Pradesh, each with a 200 kilolitre per day capacity, supporting the government's 2025 ethanol- .

Biorad Medisys receives Rs 400 crore from KSS India Fund II
Hospitality and Healthcare - May 15,2024
Biorad Medisys received a Rs 400-crore investment from Kotak Strategic Situations India Fund II to build a new manufacturing plant, repay debt, and increase working capital. The company, known for med .

Hindustan Zinc, JK Cement and others qualify as bidders for two gold mines in Rajasthan
Manufacturing - May 14,2024
Hindustan Zinc, Jindal Power, and JK Cement, all part of the Vedanta group, are qualified bidders for gold mines in Rajasthan. The Bhukia-Jagpura and Kankriya Gara gold blocks attracted multiple techn .

SAIL-Bhilai to set up Chhattisgarh's first 15-MW floating solar plant
Manufacturing - May 13,2024
Bhilai Steel Plant (BSP), part of Steel Authority of India Limited (SAIL), plans to install Chhattisgarh's first 15MW floating solar project in Maroda-1 reservoir, aiming to reduce carbon footpri .