RBI Proposes Higher Provisioning Norms for Project Loans and Real Estate
The Reserve Bank of India (RBI) has introduced regulations outlining enhanced provisions for project loans, covering both infrastructure and non-infrastructure...
Delhi’s First Commercial BESS Project Approved by DERC, Supported by GEAPP
The Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval for India's inaugural commercial standalone Battery Energy Storage System (BE...
Renewable Energy Dominates India’s Power Generation with Over 70% Contribution in FY 23-24
During the fiscal year 2023-24, renewable energy (RE) emerged as the primary driver of power generation in India, accounting for more than 70% of the...
Ananant Systems Collaborates to Develop Chips for BSNLs 5G Network
Semiconductor startup Ananant Systems is collaborating with major telecom equipment makers to develop chips locally for Bharat Sanchar Nigam Ltds 5G rollout. T...
Maitri Setu and Agartala-Akhaura Rail Link to Open Soon
The Maitri Setu in South Tripura and the Agartala-Akhaura rail link with Bangladesh will become operational soon. The Maitri Setu, connecting Sabroom in Tripura...
JSW Steel to Invest ?19,000 Crore in Dolvi Plant Expansion
JSW Steel has announced a significant investment exceeding ?19,000 crore for the third phase of capacity expansion at its Dolvi plant. This strategic move is...
RUAPL, a Remsons Group Entity, Bags Rs. 30 Crore Sensor Deal
Remsons-Uni Autonics Private Limited (RUAPL), a division of the Remsons Group, achieves a significant milestone by securing a Letter of Intent (LOI) valued at R...
Telangana to Repair Medigadda Barrage Ahead of Monsoon
The Telangana government plans to repair the Medigadda barrage following the National Dam Safety Authority's recommendations. A decision regarding these repairs...
PCMC to Upgrade Sewage Plants, Curtail Water Pollution
The Pimpri Chinchwad Municipal Corporation (PCMC) responds to Maharashtra Pollution Control Board's directives, initiating upgrades to sewage and effluent treat...
Meerut Shamli Power Transmission Project Underway
REC Power Development and Consultancy Limited (RECPDCL) has handed over a project-specific Special Purpose Vehicle (SPV) named Meerut Shamli Power Transmission...
DCM Shriram Secures Rs. 100 Crore Transition Finance for CBG Plant
DCM Shriram Ltd has secured a sustainable finance facility of Rs. 100 crores from Standard Chartered Bank, India for its upcoming 12 TPD Compressed Bio...
New Manufacturing Facility Under Development in Rajasthan
Cello World Limited, a leading name in the consumer goods industry, has reached a significant milestone with the commissioning of its new manufacturing facility...
Rockwell Automation Eyes Technology Workforce Expansion and Factory Growth in India
Rockwell Automation, a prominent industrial automation equipment manufacturer, is contemplating a significant expansion of its technology workforce and the esta...
Shriram Properties Acquires 4-Acre Land Parcel for Residential Project in Chandapura, Bengaluru
Shriram Properties has secured a significant 4-acre land parcel in Chandapura, a prime micro-market near Electronic City in Bengaluru. The acquisition marks the...
Vestas Inaugurates World’s Largest Office in Chennai, Housing Over 2,500 Employees
Vestas, a leading global wind energy original equipment manufacturer (OEM), has marked a significant milestone with the inauguration of its largest office world...
Tata Steel SEZ and Hygenco Forge Partnership for Green Hydrogen Project
Tata Steel Special Economic Zone Limited (TSSEZL) and HHP Five Private Limited (Hygenco) have joined forces to establish a green hydrogen and green ammonia proj...
CEAT Announces Rs 750 Crore Capex Plan for FY25, Focuses on Chennai Plant Expansion
CEAT, a prominent tyre major, has unveiled ambitious plans for a capital expenditure (capex) of Rs 750 crore in the financial year 2025. This investment...
NTPC-REL Initiates Bidding for 900 MW Solar Project in Neemuch, Madhya Pradesh
NTPC Renewable Energy Limited (NTPC-REL) has launched an online bidding process for land and power evacuation packages essential for a 900 MW ISTS-connected sol...
Paras Healthcare Initiates Construction of 300-Bed Hospital in Gurugram
Paras Healthcare Private Limited, a prominent corporate hospital chain, has commenced the construction of its latest healthcare facility in Gurugram. This upcom...
K&R Rail Engineering and UNECO Collaborate for Composite Sleeper Plant Project
K&R Rail Engineering Ltd, specializing in laying private railway sidings, has partnered with UNECO Co., Ltd., a South Korean company, to establish a Composite S...
Brigade Group Secures Prime Land in Bengaluru for ?660 Crore Housing Project
Brigade Group has finalized an agreement for a prime land parcel on Old Madras Road, Bengaluru, with a gross development value (GDV) of ?660 crore....
Sharp Plans $3-5 Billion Investment in Display Fab Semiconductor Factory in India
Sharp, the Japanese electronics company, is eyeing a significant investment of $3-5 billion to establish a display fab semiconductor factory in India. These dis...