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SEPC bags a Rs 182.6 crore order from the Gov. of Bihar for drinking water irrigation

SEPC bags a Rs 182.6 crore order from the Gov. of Bihar for drinking water irrigation

11 September 2024

The company SEPC offers multidisciplinary design, engineering, procurement, construction, and project management services, enabling them to tackle engineering challenges from start to finish. The main areas of expertise for SEPC are turnkey solutions for ferrous and nonferrous, cement, aluminum, copper, and thermal power plants; water treatment and transmission; cooling towers; renewable energy; and material handling. …

RIL: Reliance Retail Ventures Limited and Delta Galil Industries have entered a strategic partnership in India.

RIL: Reliance Retail Ventures Limited and Delta Galil Industries have entered a strategic partnership in India.

11 September 2024

One of the biggest conglomerates in India is Reliance Industries Limited, which has holdings in a number of industries, including petrochemicals, refining, retail, telecommunications, oil and gas exploration, and more. Dhirubhai Ambani founded the company in 1966, and since then, it has expanded rapidly to become a dominant force in Indian business. Reliance Industries has …

Lemon Tree Hotels to Open New Property in Mumbai by FY 2026

Lemon Tree Hotels to Open New Property in Mumbai by FY 2026

11 September 2024

On September 10, 2024, Lemon Tree Hotels announced the signing of its new property – Lemon Tree Hotel in Mira Road, Mumbai. The hotel will be managed by Carnation Hotels Private Limited, a fully-owned subsidiary of Lemon Tree Hotels Limited, and is expected to open in FY 2026. Mumbai, known as India’s financial hub and …

Shriram Group Eyes IPOs for Insurance Arms, $1 Billion Fundraise Plan

Shriram Group Eyes IPOs for Insurance Arms, $1 Billion Fundraise Plan

11 September 2024

Shriram Group, a financial services company, plans to first list its general insurance division, followed by its life insurance arm, according to Umesh Revankar, the Executive Vice Chairman of Shriram Finance.  The company’s two subsidiaries, Shriram General Insurance and Shriram Life Insurance, are expected to go public within the next 2 years as their businesses …

Maruti Suzuki to Launch eVX EV with 500 km Range, Eyes Exports to Europe and Japan

Maruti Suzuki to Launch eVX EV with 500 km Range, Eyes Exports to Europe and Japan

11 September 2024

Maruti Suzuki is preparing to launch its first electric vehicle (EV), a mid-size SUV called the eVX, with a range of over 500 kilometres. The company aims to address common concerns among EV buyers, such as range anxiety, charging infrastructure, and the resale value of electric cars. In addition to selling the eVX domestically, Maruti …

Steel Strips Wheels Expands Investment in Renewable Energy with ₹6.93 Crore in Clean Max Astria

Steel Strips Wheels Expands Investment in Renewable Energy with ₹6.93 Crore in Clean Max Astria

11 September 2024

Steel Strips Wheels Limited (SSWL) announced a strategic move further to its intimation dated December 22, 2022, by entering into a Supplementary Shareholders Agreement with Clean Max Astria Private Limited (CMAPL) and its promoter Clean Max Enviro Energy Solutions Private Limited (CMEESPL).    The agreement, signed on September 10, 2024, outlines SSWL’s additional investment of …

Hindustan Zinc Provides Zinc for Record-Breaking Steel Pole Structure

Hindustan Zinc Provides Zinc for Record-Breaking Steel Pole Structure

11 September 2024

Hindustan Zinc Limited has announced that its premium-grade zinc was used in galvanising India’s heaviest transmission steel pole structure. The massive 400 kV dual-pole structure, standing at ~57 metres, was galvanised using a mix of Hindustan Zinc’s low-dross jumbo special high-grade zinc and SHG zinc ingots.    The company stated that this process provides protection …

HG Infra Lands Rs.781 Crore Road Project in Gujarat

HG Infra Lands Rs.781 Crore Road Project in Gujarat

10 September 2024

HG Infra Engineering Ltd. secured a big project with a Rs.781 crore contract from the Ministry of Road Transport and Highways (MoRTH). Announced recently, this project is all about upgrading a 10.630 km stretch of National Highway 47 (NH-47) in Gujarat, from Narol Junction to Sarkhej Junction. The plan includes adding an elevated corridor, and …

Best Agriculture Stocks in India in September 2024- 5-yr CAGR Basis

Best Agriculture Stocks in India in September 2024- 5-yr CAGR Basis

10 September 2024

The Indian agricultural sector is expected to increase to $24 billion by 2025. The Indian food and grocery market ranks as the sixth largest globally, with retail making up 70% of the total sales. India is an important player in the global agriculture sector, with around 55% of its population relying on it for their …

HAL Secures ₹26,000 Crore Contract for 240 AL-31FP Aero-Engines for Su-30 MKI Aircraft

HAL Secures ₹26,000 Crore Contract for 240 AL-31FP Aero-Engines for Su-30 MKI Aircraft

10 September 2024

Hindustan Aeronautics Limited (HAL) has announced a landmark contract with the Ministry of Defence (MoD) for the supply of 240 AL-31FP aero-engines, valued at over ₹26,000 crore. This significant agreement, approved by the Cabinet Committee on Security (CCS), marks a major milestone in India’s defence sector and supports the Aatmanirbhar Bharat initiative aimed at boosting …

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