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Sterlite Power's GPS business surges with Rs 2,000 cr in Q2 FY '24 orders
The company has successfully clinched major contracts for key projects, including the 765kV D/c BHADLA III - SIKAR II (Part - 1) for Power Grid Corporation of India Ltd and the supply of OPGW cables for the Part E transmission project in Rajasthan.Read more
VinFast chooses Tamil Nadu for global ev manufacturing hub in India
Sources familiar with the matter revealed that the top management of VinFast, led by Chairman Ph?m Nh?t V??ng, is expected to visit India soon to finalise a Memorandum of Understanding (MOU) with the Tamil Nadu government.Read more
Piyush Goyal upbeat on India's export outlook despite global slowdown
Goyal highlighted the noteworthy achievement of India's goods and services exports, surging from $500 billion two years ago to an impressive $776 billion in 2022-23.Read more
Balaji Amines surges 3% on mega project status
The company is set to embark on a capital expenditure (capex) for a new product, n-Butylamine, with a production capacity of 15,000 metric tons per annum.Read more
Ola Electric secures PLI certification, paving the way for subsidies, boosting EV affordability
This achievement marks Ola Electric as the first Indian electric two-wheeler (e2W) company to secure certification under the PLI scheme, with the ministry reportedly granting approval on December 27 after a four-month process.Read more
K-RIDE invites bids for 306 coaches in Bengaluru suburban railway project
K-RIDE, a collaborative effort between the state and union governments, is overseeing the development of the 149-km BSRP spanning four corridors: Sampige, Mallige, Parijata, and Kanaka.Read more
India extends auto PLI Scheme, boosts budget to Rs 25,938 Crore
The PLI scheme provides financial incentives to promote investments in the automotive manufacturing sector and enhance domestic production of Advanced Automotive Technology (AAT) products.Read more
India's Steel Ministry explores Japan Collaboration for carbon-neutral steel production
Currently, two decarbonisation projects are in progress. The first project involves the utilisation of green hydrogen as an alternative fuel to partially replace coal. The second project focuses on developing new coke-making technologies.Read more
ArcelorMittal, IIT Madras forge partnership for Asia's first hyperloop test track
Both ArcelorMittal and ArcelorMittal Nippon Steel India (AM/NS) are contributing foundational steel materials, along with their engineering, design, and project management expertise to facilitate the development of the Hyperloop test track.Read more
Xiaomi India considers local tablet manufacturing amid IT hardware import restrictions
This initiative aligns with India's Make in India program, aiming to bolster investment and entrepreneurship in the fifth-largest global economy.Read more