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Latest News - December 22, 2024


Oberoi Hotels to acquire Pune firm to construct Trident hotel
Hospitality and Healthcare   -   Sep 18,2024
The Oberoi Hotels group plans to acquire a 51% stake in Pune-based Muttha Towers II Pvt Ltd for ₹254 crore, aimed at developing a mixed-use project featuring a Trident Hotel and a commercial complex...


BPCL to invest Rs 1,138-crore to expand Cochin-Coimbatore-Karur pipeline, IDPL
Petroleum   -   Sep 18,2024
Bharat Petroleum Corporation (BPCL) has received approval for a ₹1,138 crore capital investment to expand the Cochin-Coimbatore-Karur Pipeline (CCKPL) and the Irugur-Devangonthi Pipeline (IDPL). The...


Shyam Metalics commences trial run of cold rolling mill in West Bengal
Metallurgical Industries   -   Sep 18,2024
Shyam Metalics and Energy (SMEL) is expanding its production capabilities with a new greenfield cold rolling mill in Jamuria, West Bengal, which has commenced trial runs. The facility, with an annual ...


Goodluck India establishes Rs 200 crore hydraulic tubes manufacturing unit
Manufacturing   -   Sep 18,2024
Goodluck India Limited inaugurated its hydraulic tubes manufacturing plant in Bulandshahr on September 15, 2024, with a capacity of 50,000 MT and an investment of over ₹200 crore. The plant will pro...


ZF Rane launches new inflator plant and Sled test facility
Automotive Industries   -   Sep 18,2024
ZF Rane Automotive India Pvt Ltd, a joint venture between the Rane Group and Germany’s ZF Group, has inaugurated a new inflator plant and sled test facility in Tiruchirappalli, Tamil Nadu, with an i...


Tendering process begins for Aligarh-Palwal expressway
Infrastructure   -   Sep 17,2024
A new 32-km Greenfield Expressway from Aligarh to Palwal aims to enhance connectivity with the NCR. Estimated to cost Rs 2,300 crore, the four-lane expressway will connect to the Yamuna and Eastern Pe...


INA solar unveils Rs 400 crore investment for new Jaipur manufacturing plant
Manufacturing   -   Sep 17,2024
INA Solar has begun construction on a new manufacturing facility in Sawarda, Jaipur, with an investment of Rs 400 crore. Covering 109,000 square meters, it will produce 3GW of N-TYPE/TOPCON solar pane...


ReNew commits to establish 40,000 MW fresh renewable energy capacity
Power Generation   -   Sep 17,2024
Leading renewable energy developers, including ReNew, Adani Green Energy, and Hero Future Energies, have pledged nearly $386 billion for projects by 2030. ReNew plans to produce 1 million tonnes of gr...





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