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Tiger logistics secures BHEL contracts for comprehensive logistics services
The company will now be responsible for managing import and export operations by sea, offering services such as custom clearance, forwarding, handling, transportation, and warehousing services to BHEL.Read more
Govt's PLI Scheme Spurs Rs 1.03 tn investment, exceeds Rs 3.20 tn in exports
As of now, companies participating in the scheme have received incentive disbursements totaling Rs 4,415 crore, compared to the Rs 1,541 crore disbursed by September.Read more
MIDHANI elevates global presence, pioneering critical aerospace materials
This move is particularly significant as India aims to finalise a deal with US-based GE Aerospace for the domestic manufacturing of F414 fighter jet engines.Read more
ADF Foods targets revenue doubling every 3 yrs, eyes domestic growth
The company aims to capitalize on the increasing demand for pre-cooked food items in both international and domestic markets.Read more
Foxconn partners with HCL Group for Chip Venture in India
This venture, referred to in the industry as OSAT (Outsourced Semiconductor Assembly and Test), follows Foxconn's withdrawal from a previous joint venture with India's Vedanta in July.Read more
Inox Air Products, Maharashtra govt ink $3 bn deal for State's First Green Ammonia Plant
This plant is projected to have a capacity of 500,000 metric tons per annum (MTPA) and an estimated investment of $3 billion.Read more
India's medical device imports surge by 21%, sparks calls for policy re-evaluation
The top five HS codes, constituting almost 80% of total imports, witnessed a 26% increase, notably in consumables and equipment (HS code 9018), which saw a 14% rise to approximately Rs 18,700 crore, forming 32% of the import basket.Read more
PM Modi unveils Rs 4,000 cr Maritime Boost in Kochi for India's Nautical Advancement
These initiatives encompassed the construction of a 310-metre-long New Dry Dock (NDD) at Cochin Shipyard Limited (CSL).Read more
PTC Industries' stock soars 10% on strategic titanium parts pact with Dassault Aviation
The purchase agreement solidifies a commitment from Aerolloy to manufacture a comprehensive range of titanium castings for the Rafale multirole fighter aircraft and the Falcon business jet program, starting from the year 2024.Read more
PNGRB proposes 425 km Gas pipeline to boost energy supply in Kerala, Tamil Nadu
The proposed pipeline is designed to conclude in Thoothukudi, seamlessly linking with another gas pipeline that interfaces with Indian Oil's LNG import terminal in Ennore, Tamil Nadu.Read more