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Inox Air Products invests Rs 300-500 cr in Semiconductor Gas Infrastructure Expansion
Managing Director Siddharth Jain revealed that these investments will commence on a small scale this year, with plans for substantial expansion aligned with the demand generated by semiconductor fabrication companies.Read more
Kirloskar Ferrous Industries acquire Oliver Engineering for Rs 110 cr
Last year, KFIL acquired a majority stake in Indian Seamless Metal Tubes (ISMT) for Rs 476.63 crore, solidifying its position in the market.Read more
Accord to supply millions of NavIC chipsets to in next 3 yrs, revolutionise vehicle industry
This development gains significance due to the government's mandate for a NavIC-based vehicle tracking system in commercial vehicles, and the imminent requirement for smartphones to integrate NavIC chipsets alongside other GPS.Read more
Indian Railways struggles with wheel supply, increasing reliance on Chinese imports
The domestic supplies from Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have not kept pace with the increasing requirements.Read more
Singareni Thermal Power Plant embraces green hydrogen for sustainable energy future
The Singareni Collieries Company Limited (SCCL) management has made a significant decision to shift towards sustainable practices at the 1200 MW Singareni Thermal Power Plant (STPP) located in the Jaipur area of Mancherial district.Read more
OMC and Hindalco join forces for Odisha's industrial growth
The deal is signed in the presence of Chief Minister Naveen Patnaik. It aims to accelerate progress on the construction of a two-million ton alumina refinery in Rayagada.Read more
Adani Wind plans aggressive expansion, targets 10 GW capacity by 2030
A senior company official informed that they intend to invest Rs 2,000 crore in establishing a 5 GW (gigawatt) capacity within the next five years.Read more
ISA partners with GeM to empower MSMEs in online steel procurement
In an official statement, ISA proudly declared the signing of a Memorandum of Understanding (MoU) with GeM, with the objective of seamlessly integrating all ISA members into the GeM platform, functioning both as sellers and buyers.Read more
India marks Oct 10 as inaugural cGMP day to elevate pharmaceutical standards
The government has made it obligatory for all drug manufacturers to adhere to Good Manufacturing Practice (GMP) guidelines.Read more
KCCI urges fair treatment for MSMEs in NCLT resolutions
In a letter addressed to Union Finance Minister Nirmala Sitharaman on October 7, Chamber President Ananthesh V Prabhu expressed concerns about the bleak prospects for MSMEs in recovering their dues after engaging in business with LLCs that end up before tRead more