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CapEx News

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Latest News - July 3, 2024

IHCL opens 86-key Ginger hotel in Nagpur
Infrastructure   -   May 30,2024
Indian Hotels Company launched an 86-key Ginger hotel in Nagpur, part of a mixed-use development with a shopping mall. Positioned near Dr. Babasaheb Ambedkar Airport, it boasts easy access to the new ...

IGGL updates Mizoram CM on the progress of NEGG project
Infrastructure   -   May 29,2024
IGGL, led by CEO Dr. Ajit Kumar Thakur and COO Pankaj Patowary, updated Mizoram's Chief Minister on the Panisagar - Aizawl natural gas pipeline's progress, part of the North East Gas Grid Pr...

Fortis lines up Rs 1,300 crore capex to expand existing hospitals
Hospitality and Healthcare   -   May 29,2024
Fortis Healthcare plans a Rs 1,300 crore investment to expand existing hospital capacities, adding around 2,200 beds. CFO Vivek Goyal highlights expansions in Faridabad, Anandpur Sahib, and Shalimar B...

GAIL inaugurates India's first green hydrogen plant in Madhya Pradesh
Power Generation   -   May 29,2024
GAIL (India) inaugurated its first green hydrogen plant in Vijaipur, Madhya Pradesh, marking its venture into alternative energy. The 10-MW proton exchange membrane electrolyser, imported from Canada,...

Aster DM to pump in Rs 250 crore, add 350 beds to Bengaluru hospital
Infrastructure   -   May 29,2024
Aster DM Healthcare is expanding Aster CMI Hospital in Bengaluru by 300,000 sq ft, increasing bed capacity from 500 to 850. With a Rs 250 crore investment, the project aims for completion by FY27. CEO...

Reliance Industries to commence construction on India’s first multimodal logistics park near Chennai
Infrastructure   -   May 29,2024
Reliance Industries will commence construction of a multimodal logistics park near Chennai in June 2024. Located on 184.27 acres in Tiruvallur district, Tamil Nadu, it aims to offer efficient logistic...

Shyam Metalics expands rail infrastructure at its steel plant in Odisha
Infrastructure   -   May 29,2024
Shyam Metalics and Energy (SMEL) completes rail infrastructure expansion at its Odisha plant, doubling lines to four. Enhanced facilities aim for efficient material flow. Yet, current capacity meets o...

Lectrix EV to invest Rs 100 crore in FY25, plans multiple launches
Automotive Industries   -   May 29,2024
Lectrix EV, SAR Group's electric mobility arm, targets the two-wheeler segment with new model launches and Rs 100 crore investment in FY25 for charging infrastructure, manufacturing, and R&D. Its...




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