Alstom has handed over the first Metropolis metro train to the Delhi Metro Rail Corporation (DMRC) for Phase IV of its expansion project. The train was dispatched from Alstom’s state-of-the-art…
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Scania India has appointed Silvio Munhoz as its new Managing Director. Munhoz steps into the role following the tenure of Johan P. Schlyter. Known for his extensive experience in the…
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Escorts Kubota Ltd is preparing for significant expansion in Uttar Pradesh with a major investment proposal valued at Rs 4,500 crore. The company has initiated plans to acquire around 250-300…
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Ambuja Cements Ltd has announced its first venture in Bihar. The company will establish the Warisaliganj Cement Grinding Unit with an overall capacity of 6 MTPA, marking the largest investment…
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Ambuja Cements Ltd has announced the acquisition of Penna Cement Industries Ltd (PCIL). The deal, valued at an enterprise worth of Rs 10,422 crore, involves Ambuja Cements obtaining 100 per…
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Doosan Bobcat has successfully expanded its Chennai factory to support the production of mini excavators, marking a significant milestone in its global manufacturing capabilities. An inauguration ceremony celebrating this achievement…
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Shyam Metalics and Energy Ltd (SMEL) has announced the expansion of its rail infrastructure at its integrated steel plant in Pandloi, near Rengali, Sambalpur district, Odisha. This significant development aligns…
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Sagar Cements has announced a significant capital investment of Rs 330 crore for the current financial year, reflecting the company’s commitment to expansion and modernization. A major portion of this…
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Wabtec Corporation, a supplier of braking systems to the Indian Railways, has inaugurated its new manufacturing campus in Rohtak, Haryana. This state-of-the-art facility represents an US$18 million (Rs 150 crore)…
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UltraTech Cement is set to bolster its footprint in Maharashtra with a substantial investment exceeding Rs 800 crore. This strategic move involves both acquisition and expansion initiatives, aimed at fortifying…
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Vensa Infrastructure clinches a deal to spearhead the development of Hisar’s aviation hub, heralding a new era of connectivity for the region. The Airports Authority of India (AAI) has bestowed…
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Paradip Port Authority (PPA) is poised for a remarkable expansion, aiming to join the league of ports handling over 300 million MT within the next three years. With its current…
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In a bid to alleviate the mounting congestion between Andheri and Borivli sections, Western Railway (WR) has announced an extensive project to extend the harbour line by eight km, stretching…
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Jindal Aluminium Ltd celebrated two years of successful operations at its Bhiwadi facility. Following the acquisition of Indo Alusys Industries Ltd, Bhiwadi assets, the company has thrived, marking a significant…
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Magicrete achieves a milestone by acquiring a majority stake in Bengaluru-based Maxlite. This acquisition, completed with finesse, amplifies Magicrete’s stronghold in the AAC Blocks market industry. With Maxlite’s two manufacturing…
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