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Indian economy grows in 24-25 as rural spending increases: RBI

Rural spending is outpacing urban segments, narrowing the rural-urban divide, as highlighted by the recent monthly per capita consumption expenditure (MPCE) survey of the NSSO. Read more

Godrej Industries’ Chemicals Business to buy Unit II of Shree Vallabh Chemicals

Located at Kheda, Gujarat, the Shree Vallabh Ethoxylation unit II has a manufacturing capacity of 24,000 MTPA of finished products.Read more

Welspun Specialty receives Rs 1.17 billion order from BHEL

The company will supply seamless stainless steel boiler tubes to NTPC Talcher thermal power project.Read more

Tata Motors, to spend Rs 160-180 billion as capex on EV arm till FY30

Giants like Tata Motors, Mahindra and Mahindra (M&M), Maruti Suzuki India Ltd (MSIL), Hyundai Motor India Ltd (HMIL), JSW MG Motor India, Nissan Motor Corporation, and Renault SA have indicated big-ticket investment for creating capacities.Read more

Gandhi Automations launches self-repairing clean room high speed doors

Manufacturing facilities across various sectors now rely on cleanroom environments to minimise dust and contamination during production.Read more

Klüber Lubrication to invest Rs. 1.42 billion for expansion in India

Klüber Lubrication, a global supplier of speciality lubricants, offering high-end tribological solutions, expands to boost domestic production, supporting GOI’s ‘Make in India’ initiative.Read more

Wheels India to spend Rs 2 billion on capex; current FY

revenues for the quarter remained relatively stable at Rs 11.67 billion, slightly lower than the Rs 11.72 billion recorded a year ago.Read more

L&T to own 100% of LTSSHF; to buy NPCIL stake

A delay in equity infusion by the promoters, led to the net worth of LTSSHF to fall to negative Rs 25.73 billion as of March 31, 2023.Read more

Siemens Limited declares 19% increase in revenue; 74% higher PAT in Q2 FY24

Revenue of Rs 52.48 billion was seen as a 19% increase over the same quarter in the preceding year.Read more

UFlex Limited releases report for EPR reporting at PPRDC event

This standardisation would be critical for producers, importers, and brand owners to meet their individual and industry-wide EPR obligations.Read more

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