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L&T Energy GreenTech, Japan's ITOCHU partner for 300 KTPA green ammonia project

As part of the agreement, LTEG and ITOCHU will collaborate on developing the facility, with ITOCHU planning to offtake the green ammonia for bunkering applications in Singapore. Read more

Indian Cabinet approves 4 new semiconductor projects worth Rs 46 bn

India clears four semiconductor plants worth Rs 46 billion in Odisha, Punjab, and Andhra Pradesh, boosting defence, automotive, and electronics sectors under ISM.Read more

Transrail Lighting bags Rs 7 bn orders in power and infrastructure sectors

Transrail Lighting wins Rs 7.01 billion in new domestic and international orders, taking FY26 order inflow beyond Rs 23 billion across T&D, civil, and poles & lighting businesses.Read more

Lumax Auto sees 36% revenue surge in Q1 FY26 on strong automotive demand

Lumax Auto Technologies posts Rs 1,026 crore revenue in Q1 FY26, up 36% YoY, with PAT rising 30% to Rs 54 crore, supported by strong OEM, aftermarket, and subsidiary growth.Read more

Varroc Engineering’s PBT rises 54% in Q1 FY26 on strong auto components demand

Varroc Engineering posts Rs 20.3 bn revenue in Q1 FY26, PBT before exceptional and JV profit up 54% YoY to Rs 822 million, driven by robust India and overseas operations.Read more

A&D, auto businesses drive Raymond's Q1 growth with Rs 5.24 bn revenue

Raymond posts Rs 5.24 billion Q1 FY26 revenue, up 17 per cent YoY, led by strong aerospace & defence (A&D) and precision technology growth; signs key deals with Pratt & Whitney and Safran Engines.Read more

Texmaco Rail Bags Rs 731 mn Central Railway Electrification Order in Maharashtra

Texmaco secured Rs 731.2 million Central Railway contract for Vasind electrification, boosting capacity and efficiency on the Kalyan–Asangaon route in Maharashtra.Read more

US tariff puts Indian auto components, tyre exporters on edge

A 25 per cent US tariff on Indian imports strains tyre and auto component exports, while domestic sales in June 2025 show mixed trends across passenger, commercial, and two-wheeler segments.Read more

Seco Partners with AMRC to Drive Sustainable Machining through Data Intelligence

Looking ahead, Seco is building toward an AI-powered, automated feedback system that continuously optimises processes in real-time.Read more

How MNCs are strategising to capture market in India

Today, the Indian MNC scene is changing vastly, with many new ones setting up shop in India. With China becoming less attractive, India is becoming the go to place, writes R Jayaraman and Firoz S Richdiwala.Read more

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