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GOI approves Konoike Transport as buyer of Ferro Scrap Nigam for Rs 320 billion

FSNL, founded in 1979, specialises in recovering and processing scrap from slag in steel plants.Read more

Eknath Shinde inaugurates Maharashtra's first semiconductor manufacturing unit

The plant would employ around 400 people and announced that RRP Electronics plans to invest an additional Rs 245.38 billion in the coming days.Read more

Jindal India to invest over Rs 15 billion to expand steel business

Production from the newly added capacity, focusing on coated flat products, pipes, and crash barriers, is scheduled to commence in FY25, with full completion expected by FY26. Read more

Jindal India Renewable Energy forays into BESS to achieve 5 GWh capacity by 2027

This announcement comes in the backdrop of Jindal India Renewable Energy (JIRE) aiming to generate 5 GW of power from solar, wind, hybrid and FDRE modes.Read more

Railway stocks to be in focus as FM Sitharaman reviews capex plan

The Finance Minister emphasised the need for the ministry to meet the capex target for the fiscal year 2024-25 within a set timeframe, building on the progress made in the first 100 days of the Modi government. Read more

GPS Renewables partners with Steer Engineering to build bio-processor

The collaborative effort aims to enhance the efficiency of feed processing and overall output, presenting a robust solution for the BioCNG industry that is made in India. Read more

Govt approves NPCIL-NTPC JV company ASHVINI to start nuclear power generation

The Govt has also approved exemption to NPCIL to invest more than Rs 5 billion and exemption to NTPC to invest more than Rs 50 billion in a single joint venture/subsidiary company. Read more

Carborundum Universal acquires full stake in US-based Silicon Carbide Products

The transaction is expected to close by the end of October 2024. Read more

India urged to strengthen ties with Taiwan and Japan for semiconductor growth

Japan is contributing to the development of India's semiconductor sector by providing training to Indian workers, while Taiwan is investing in semiconductor clusters in Southeast Asia.Read more

United Grinding Group unveils umati; to help machines connect easily

The UNITED GRINDING Group uses umati to connect various machines easily, including older ones, in their production environment.Read more

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