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Balu Forge announces Q2FY25 results: PAT rises 106.9% YoY to Rs 481.4 million

The company is on the verge of commercialising the first phase of the new manufacturing campus and it will drive the next leg of growth.Read more

Freudenberg expands with €42 million manufacturing plant in Morinda, Punjab

The facilities will cater to key sectors such as automotive and industrial manufacturing, ensuring the company remains competitive by optimising material flows and leveraging modernised equipment.Read more

Hitachi Energy to invest $250 million in India’s transformer production

In India, the expansion will include significant upgrades to its large power transformers factory and relocation of its bushings factory in Gujarat, alongside enhanced testing facilities for specialty transformers.Read more

Exicom acquires US EV charging firm Tritium for $37 million

Tritium specialises in creating hardware and software for DC fast chargers, serving notable clients such as BP Pulse, ChargePoint, and Shell Recharge.Read more

CG Power acquires Renesas Electronics’ RF Components for $36 million

Renesas, a Japan-based leader in advanced semiconductor solutions, generated $56 million in revenue from its RF components business in 2023.Read more

G&B completes electrical work for Rs 670 million Mumbai underground metro

The project is expected to reduce city congestion by 15% and contribute to India's 2070 net-zero goal.Read more

Aurobindo to acquire remaining 49% stake in GLS Pharma for Rs 225 million

Aurobindo initially acquired a 51% stake in GLS Pharma from promoters Suresh Pathak and his family on June 17, 2022.Read more

Euro Panel Products invests Rs 300 million in advanced coil coating line

The investment encompasses machinery and land costs and is set to create 50 immediate jobs, with an additional 25 positions expected within six months, thus contributing to local employment and economic development. Read more

JBM Auto secures $100 million for electric bus expansion

JBM ECOLIFE Mobility plans to utilise the funds to introduce 650 additional electric buses in multiple states in a phased manner.Read more

REC commits $280 million to Hygenco's green ammonia project in Odisha

In July, it was reported that Hygenco is in talks with global investors for a potential stake sale to raise about $400 million for future expansion.Read more

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