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Latest News - July 3, 2024


Welspun Living achieves record revenue and announces major expansion projects
Manufacturing   -   May 29,2024
Welspun Living achieves record revenue of Rs. 98,251 crore in FY24. Expanding capacities include Jacquard towel plant in Anjar, adding 6,400 MTPA, and greenfield pillow manufacturing project in Ohio, ...


BHEL signs technology transfer agreement with BARC for 50 kW electrolyser system
Infrastructure   -   May 29,2024
Bharat Heavy Electricals (BHEL) partners with Bhabha Atomic Research Centre (BARC) for technology transfer of a 50 kW alkaline electrolyser system for hydrogen production. This collaboration aims to s...


OIL & NRL to set up 10 CBG plants across Assam
Chemicals   -   May 28,2024
OIL and NRL are establishing 8 to 10 CBG plants across Assam and the North-East to address waste management issues. Collaboration with urban local bodies for waste collection is underway. NRL's M...


RITES wins Chennai Metro Koyambedu-Avadi Line's DPR consultant contract
Infrastructure   -   May 28,2024
RITES Ltd secured the DPR contract for the Koyambedu to Avadi metro corridor in Chennai. The 16.07 km elevated line, an extension of Chennai Metro's Line-5, aims to improve connectivity. L&T Infr...


Jupiter Wagons to invest Rs 1,500 crore over two years
Manufacturing   -   May 28,2024
Jupiter Wagons plans a Rs. 1,500 crore investment over two years to diversify its business and boost revenue from wagon manufacturing, railway components, commercial vehicles, and containers. The inve...


AP Moller Capital, JSW Infra to form JV for ports, logistics in India
Infrastructure   -   May 28,2024
AP Moller Capital and JSW Infrastructure will form a joint venture to invest in and develop ports and logistics in India. A memorandum of understanding was signed for this venture. A.P. Moller Capital...


Fischer Medical Ventures introduces India’s first Indigenous MRI system
Manufacturing   -   May 28,2024
Fischer Medical Ventures Ltd (FMVL) achieves a breakthrough with India's first indigenous MRI systems, reducing dependence on imported medical devices. Developed at their AMTZ facility, the move ...


Aarvee wins Chennai Metro Parandur Airport Line’s DPR consultant contract
Infrastructure   -   May 28,2024
Aarvee Associates Architects Engineers and Consultants Pvt. Ltd. secured the DPR contract for Chennai Metro Line-4 extension from Poonamallee Bypass to Parandur Airport. The extension, part of Chennai...





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