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Latest News - January 16, 2025


Lemon Tree Hotels inks a new property in Kundapura, Karnataka
Automotive Industries   -   Dec 13,2023
Lemon Tree Hotels has signed a new property in Kundapura, Karnataka, expected to commence operations by FY27. The hotel will be managed by Carnation Hotels Private Limited, the management arm of Lemon...


KPI Green Energy Ltd's subsidiary bags order of 1.75 MW for solar power projects
Power Generation   -   Dec 13,2023
KPIG Energia, a wholly-owned subsidiary of KPI Green Energy, has secured 1.75 MW in new orders for solar power projects in the 'Captive Power Producer (CPP)' segment from Citizen Umbrella Ma...


Piramal Pharma to invest Rs 1,000 cr for expansion: Chairperson Nandini Piramal
Manufacturing   -   Dec 12,2023
Piramal Pharma Ltd (PPL) plans to invest approximately Rs 1,000 crore in the next 18 months for consolidation and growth through brownfield expansions. The Chairperson, Nandini Piramal, stated that ar...


Mitsubishi Electric establishes manufacturing plant in Talegaon
Manufacturing   -   Dec 12,2023
Mitsubishi Electric India Pvt Ltd has invested over Rs 200 crore in establishing a manufacturing plant in Talegaon, recruiting 100 employees initially with plans to hire 500 more. The facility, inaugu...


New Rajahmundry airport terminal to be operational by end of 2025, says AAI Chairman
Infrastructure   -   Dec 12,2023
Union Civil Aviation Minister Jyotiraditya Scindia laid the foundation stone for Rajahmundry airport's new terminal, set to be operational by December 2025. The 17,000 square meters facility, cos...


ONGC to invest upto Rs 35,000 crore for 5 GW solar, wind energy
Power Generation   -   Dec 12,2023
Oil and Natural Gas Corporation (ONGC) is planning to invest Rs 30,000 to Rs 35,000 crore for the first phase of solar and wind energy projects, targeting five GW capacity by 2030. The investment will...


RVNL secures Rs 543 crore project from Madhya Pradesh Metro Rail Corporation
Infrastructure   -   Dec 12,2023
Rail Vikas Nigam Ltd (RVNL) has secured a Rs 543 crore order from Madhya Pradesh Metro Rail Corporation for the construction of elevated stations in the Indore Metro Rail Project. The RVNL-URC JV emer...


Relaxo Footwears to acquire land parcel at Bhiwadi, Rajasthan
Manufacturing   -   Dec 12,2023
Relaxo Footwears plans to acquire a 30-acre land parcel in Bhiwadi, Rajasthan, valued at Rs 135 crore, for future manufacturing facilities. The bidding, conducted through an e-auction by IndusInd Bank...





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