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Latest News - December 24, 2024


KRN Heat subsidiary signs Rs 1,000 crore MoU with Rajasthan government
Manufacturing   -   Oct 29,2024
KRN HVAC Products, a subsidiary of KRN Heat Exchanger and Refrigeration, signed an MoU with the Rajasthan government to invest Rs 1,000 crore in a heat exchanger manufacturing facility in Kotputli-Beh...


Lemon Tree Hotels signs a property in Amritsar
Infrastructure   -   Oct 29,2024
Lemon Tree Hotels has signed a new property, ‘Keys Select by Lemon Tree Hotels, Amritsar,’ to open in FY 2027. Managed by Carnation Hotels, the hotel will feature 45 rooms, a restaurant, a rooftop...


John Distilleries plans 30-acre plant in Karnataka
Infrastructure   -   Oct 29,2024
John Distilleries Limited (JDL) plans to invest Rs 500-600 crore in a new 30-acre plant in Karnataka, aiming to produce 150 cases of Single Malt and 2.3 crore cases of other brands by FY25. The compan...


Hilton announces Hilton Garden Inn in Bengaluru
Infrastructure   -   Oct 29,2024
Hilton is set to open a Hilton Garden Inn in Whitefield, East Bengaluru, in early 2025, marking its seventh property in the city. Developed in partnership with Minerva Executive Apartment Private Limi...


IKP to establish Rs 340 crore biomanufacturing hub
Manufacturing   -   Oct 29,2024
IKP Knowledge Park has announced plans to establish a biomanufacturing hub for clinical materials at its campus, expected to be operational within three years. The announcement was made during the Int...


Coromandel International to invest Rs 800 crore in fertilisers crop protection businesses
Manufacturing   -   Oct 29,2024
Coromandel International plans to invest Rs 800 crore to expand its fertilizer manufacturing capacity and establish a fungicide production plant. The Kakinada facility in Andhra Pradesh will enhance g...


Four firms qualified for package BH-05 of Bhopal Metro Blue Line
Infrastructure   -   Oct 29,2024
Four construction firms, including one in a consortium, have qualified for the civil construction contract BH-05 of the Bhopal Metro Phase 1 project’s 12.915 km Blue Line, which will connect Bhadbha...


Naveen Jindal group to invest Rs 2,160 crore to scale up cement production
Metallurgical Industries   -   Oct 28,2024
Jindal Panther Cement, part of the Naveen Jindal Group, will invest Rs 2,160 crore to expand its cement capacity to 7 MTPA. A new 1.5 MTPA grinding unit in Angul, Odisha, will utilize slag from Jindal...





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