Snowman Logistics has informed the stock exchange that the company has completed construction of its temperature controlled & dry warehouse at Aroor Village, Chethala, Alapuzha. It said the facility is now ready for operations with a total capacity of 4500 pallets, with the overall capacity of the company now bolstered […]

Bharat Forge is targeting a volume growth of 100-200 per cent in the defence space alone by 2020. Rajinder Bhatia, President and CEO of the defence and aerospace vertical of Bharat Forge, confirmed this during an interacting with CNBC-TV18. “We are seeing large traction in the aerospace business and a […]

Nokia and Tata Power Delhi Distribution System (Tata Power-DDL) have joined hands to modernise electrical grids in North and North-West Delhi. Speaking to reporters, Tata Power-DDL CEO and managing director Praveer Singh said, “the project is very important for the company in its roadmap for smart grid implementation.” Nokia has […]

Chartered Logistics has received an order worth Rs 6.3 crore from GHCL. As per the agreement between the two, the order will have to be executed within three months. Chartered Logistics said that upon completion, it expects orders worth Rs 15 crore from GHCL which will need to be completed […]

The state government of Karnataka has planned to set up four desalination plants, in a bid to address the water crisis. The plants will come up in Udupi, Mangaluru, Saligrama and Kunapura. While the Udupi plant will come up at a cost of Rs 735.30 crore, Mangaluru project will be […]

There is tremendous potential for growth in polymers sector in the wake of higher disposable income of middle class and urbanisation, prime minister Narendra Modi has said. He said this after he dedicated ONGC Petro additions Ltd’s (OPaL) Rs 30,000-crore plant to the nation at the Dahej Special Economic Zone […]

Gamesa has acquired an order from Infrastructure Leasing & Financial Services Limited (IL&FS) for a 50-MW wind farm project at Amba in Madhya Pradesh. To be commissioned in March, the order is a turnkey project and the first to be won from IL&FS. As part of this contract, Gamesa will […]

Carlson Rezidor has tied up with Mustaq Group to open seven hotels in Jammu and Kashmir, targeting high end tourists. These hotels will function under Radisson Blu and Country Inn brands, a top official said. “We have signed a seven hotel deal with Mushtaq Group of Hotels in Kashmir valley. […]


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