Mahindra & Mahindra has decided to invest Rs 1,000 crore on development, production, research and development of electrical vehicles by 2020. Speaking to reporters on the sidelines of Mahindra Treo […]
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Kamdhenu to have exclusive paint company by next year
Kamdhenu Ltd has decided to hive off its paint division into a new company by next financial year, in a bid to have better management focus on paint and steel […]
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Punj Lloyd to expand small-arms manufacturing unit in MP
Punj Lloyd plans to expand the scope of its small-arms manufacturing unit in Gwalior in Madhya Pradesh. It is expected that the facility would start making small-arms such as pistols, […]
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Lanxess India to invest Rs 1,250 crore over 5 years
Specialty chemicals company Lanxess is planning to invest Rs 1,250 crore over next five years to increase capacity at its existing facility at Jhagadia in Gujarat and Nagda in Madhya […]
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Mahindra Electric opens Rs 1 bn manufacturing facility in Bengaluru
Mahindra Electric Mobility has inaugurated its electric technology manufacturing hub set up with an investment of Rs 1 billion in Bengaluru. According to the company, with the new facility, its […]
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Intel India inaugurates Rs 11-billion worth design house in Bengaluru
Intel has inaugurated design house ‘SRR4’ at its Bengaluru campus that has been built with an investment of about Rs 11 billion. In a statement, the chipmaker said the design […]
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LG to set up TV manufacturing unit in Pune
LG Electronics India Pvt Ltd has decided to set up a facility to manufacture LCD and LED television sets at Pune in Maharashtra. In connection with this, the electronic goods […]
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Govt invites tenders for upgradation of roads in Maharashtra
The Union Ministry of Road Transport & Highways has invited bids for upgradation of Pangaon to Dharmapuri section and Parali Vaijanath to Injegaon section in Maharashtra. The estimated value of […]
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NTPC floats tender for ISTS-connected solar projects
National Thermal Power Corporation (NTPC) has floated tender for 1,200 MW of interstate transmission system (ISTS)-connected solar photovoltaic (PV) projects. These projects are to be developed in the western region […]
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Union govt clears 3 highway projects in Kerala under Bharatmala
The Union Cabinet has cleared Kerala’s three highway projects including the Beypore- Malaparamba four-lane road under the mega Bharatmala project. A decision in this regard was taken at the meeting […]
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