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Engineers India gets Rs 46.81 billion business; Order book now Rs 113.5 billion
The core oil and gas sector remains the primary contributor to EIL's orders, although recent years have seen increased contributions from infrastructure and green energy segments.Read more
CEAT inaugurates new Truck Bus Radial (TBR) line at Chennai facility
With a 25% green cover, 40% of the plant’s energy is sourced from renewable energy, including a 5 MW solar rooftop installation, with plans to increase this to 50% by 2025. Read more
Tata Power achieves double milestone of 100,000 home and 1000 e-bus chargers
With a growing network of over 5,600+ RFID enabled 5570+ public and captive charge points, strategically located across malls, hotels, hospitals, offices, residential societies, highways, etc. which are centrally monitored by an advanced Network Operations Centre (NOC) in Mumbai, Tata Power is at the forefront of empowering sustainable mobility in the country.Read more
Anil Agarwal invites investors to setup businesses at Vedanta’s industrial parks
The company will need 1,500 acres of land for these projects, ideally within 50 kilometers of Vedanta’s key operations in Rajasthan and Odisha.Read more
EaseMyTrip enters into electric bus manufacturing with YoloBus
The company plans to invest Rs 2 billion over the next 2-3 years in research and development, product development, and the establishment of a manufacturing plant.Read more
India’s multimodal transport event Prawaas 4.0 wraps with impactful engagement
This edition of Prawaas promoted an Inclusive Mobility Culture attracting over 6153 operators, 171 exhibitors, 106 speakers, 15 sessions and over 40,000 Expo footfall from 28 states and 8 Union Territories to the 3-day event.Read more
Intel may split chip design and manufacturing businesses due to loss
The company reported a net loss of $1.61 billion in the second quarter of 2024, leading to a 26% drop in its stock price—the worst single-day performance in over 50 years.Read more
Eicher incentivise purchase of new vehicles under Vehicle Scrappage Policy
The program supports the national endeavor to phase out old, unsafe and polluting vehicles.Read more
Zetwerk and SMILE to unveil new IT hardware factories in India
Zetwerk has committed Rs 10 billion to enhance electronics system design and manufacturing (ESDM) capabilities in India.Read more
Magellan Aerospace and Aequs to start engine MRO business in India
Air travel demand in India has surged, making it one of the fastest-growing aviation markets in the world.Read more