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Vedanta greenlights Rs 3,400 cr NCDs raise for capital structure enhancement
Last week, Vedanta Resources (VRL), the UK-headquartered parent company of the Vedanta group, announced securing a USD 1.25-billion loan from private lenders to refinance a portion of its $3.2-billion debt maturing in 2024 and 2025.Read more
Dholera Industrial smart city nears completion, set to drive global investments
Gujarat Chief Minister Bhupendra Patel visited the Dholera Special Investment Region (SIR) as part of the preparations for the forthcoming 10th Vibrant Gujarat Global Summit in 2024.Read more
India aims for 1,000 vehicle scrapping centres, 400 fitness test hubs: Gadkari
During the launch of 'DigiELV,' Gadkari disclosed that the road ministry has already granted approval for 85 vehicle scrapping facilities nationwide.Read more
Advantec Wheels invests Rs 100 cr in premium alloy wheels venture
The company is in the process of setting up a state-of-the-art manufacturing facility in Jammu & Kashmir, Northern India.Read more
CGTMSE empowers 79.5 lakh MSEs with Rs 5.33 tn, govt boosts MSME R&D initiatives
Maharashtra received the highest amount at Rs 62,807 crore, followed by Uttar Pradesh at Rs 52,998 crore, Karnataka at Rs 43,120 crore, Tamil Nadu at Rs 42,270 crore, and Gujarat at Rs 42,162 crore, among others.Read more
Turkey tightens grip on Chinese EV imports with stringent regulations
The Turkish Trade Ministry recently issued a decree stating that companies importing electric vehicles (EVs) must have a minimum of 140 authorised service stations evenly distributed across the country.Read more
Tata Group Plans Rs 40,000 Crore Semiconductor Venture in Assam
Assam Chief Minister Himanta Biswa Sarma announced this development on the social media platform X (formerly Twitter).Read more
LOHUM partners UAE Ministry for First EV Battery Recycling Plant
The partnership comes in light of UAE’s COP28 agenda and aligning with the UAE’s Net Zero by 2050 Strategic Initiative, Circular Economy Policy and supporting emissions-free mobility with future-ready solutions.Read more
15 countries participates at CII EXCON at BIEC, Bengaluru
The Government of Karnataka is the Host State for EXCON 2023. The Ministry of Road Transport & Highways, The Ministry of Heavy Industries, Government of India and the National Highways Authority of India (NHAI) are supporting partners to the event. Read more
Perkins announces 2806FA-E18TAG CPCBIV+ certified engines for India
The 2806FA platform provides excellent cold load acceptance and meets ISO 8528-5 class G2 performance.Read more