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Latest News - December 23, 2024


Fortune Hotels opens new upscale property in Gorakhpur
Infrastructure   -   Aug 22,2024
Fortune Hotels, part of ITC’s group, is expanding in Uttar Pradesh with a new upscale property, Fortune Park Gorakhpur, set to open in October 2026. This will be the brand’s seventh alliance in th...


Welspun One buys 22 acres near Gurugram for Rs 125-crore logistics
Infrastructure   -   Aug 22,2024
Welspun One has acquired a 22-acre land parcel near Gurugram along the NH-8 corridor, facilitated by JLL. The company plans to invest Rs 125 crore to develop a logistics park, creating 1,500 jobs. Thi...


Kothari Industrial, Shoe Town Group to set up two factories in Tamil Nadu
Manufacturing   -   Aug 21,2024
Taiwan's Shoe Town Group and Chennai's Kothari Industrial Corporation (KICL) will expand their partnership by setting up two new non-leather shoe factories in Tamil Nadu. The joint venture, ...


Foxconn mulling battery energy storage unit in India
Manufacturing   -   Aug 21,2024
Foxconn plans to establish a battery energy storage system (BESS) manufacturing unit in India and is considering an electric vehicle unit. The company's "3+3" strategy targets electric vehicles, ...


Techno Electric partners with IndiGrid for developing greenfield transmission projects
Infrastructure   -   Aug 21,2024
Techno Electric & Engineering Company has partnered with IndiGrid to co-develop and invest in two Greenfield interstate transmission projects, Ishanagar Power Transmission (IPTL) and Dhule Power Trans...


Escorts Kubota to set up Rs 4,500 crore manufacturing facility
Manufacturing   -   Aug 21,2024
Escorts Kubota plans to invest Rs 4,500 crore in a greenfield manufacturing facility in Uttar Pradesh, aiming to boost production capacity and future growth. The project, starting in 2028, will cover ...


Green waste processing unit in Bhubaneswar soon
Infrastructure   -   Aug 21,2024
The Bhubaneswar Municipal Corporation is establishing a green waste processing facility under its ‘Waste to Wealth’ program. The plant will handle 20-25 tons of daily green waste and horticultural...


JNK India bags major order from HPCL
Petroleum   -   Aug 21,2024
JNK India has secured a major order from Hindustan Petroleum Corporation (HPCL) to set up an HP TDAE (Treated Distillate Aromatic Extracts) unit at HPCL Mumbai Refinery. The contract, valued between R...





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