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Saudi Wealth fund forges $3.3 billion steel giant in Saudi Basic Industries' Deal
The Public Investment Fund (PIF) will take ownership of Saudi Iron & Steel Company from Sabic, while, in a separate transaction, Sabic's steel arm, Hadeed, will secure AlRajhi Steel Industries in exchange for equity, as per an official statement.Read more
Anant Raj to invest Rs 10,000 crore in 300 MW Data Centre Project
To oversee the operations of these data centres situated in Manesar, Rai, and Panchkula in Haryana, Anant Raj has established a subsidiary named "Anant Raj Cloud."Read more
Exide secures Rs 2000 Cr credit for Lithium-Ion Cell Project
Exide Energy Private Limited currently boasts a state-of-the-art 1.5 GW fully automated lithium-ion battery packs and modules manufacturing facility in Prantij, Gujarat.Read more
Gati partners with Tech Mahindra to launch GEMS 2.0 for cutting-edge logistics
Gati's primary operational software, GEMS 2.0, has been designed to provide an improved customer experience and a contemporary tech-driven interface while simultaneously enhancing efficiency and reducing costs.Read more
Green Hydrogen: A game-changer in the clean energy landscape
Global collaboration on the production and supply of green hydrogen is expected to be a key topic at the G-20 summit in New Delhi this week.Read more
Aptiv unveils cutting-edge Pune Tech Center to drive mobility innovation
The inauguration of the Aptiv Technical Center in Pune was marked by a gathering of Aptiv employees, global and regional leadership, celebrating the grand 66,572 square-foot facility situated in Rajiv Gandhi Infotech Park Phase-1, Hinjewadi-Pune.Read more
Maharashtra unveils solar incentives for Textile Industry
Maharashtra Electricity Regulatory Commission has proposed amendments to Distributed Open Access Regulations, making it easier for consumers with a contract demand of 100 kW or more to access power from renewable sources.Read more
Researchers create biodegradable PVA-CuO Nanocomposite Film for stretchable optical devices
A research group from physical sciences division of the Institute of Advanced Study in Science and Technology (IASST), Guwahati fabricated a biodegradable PVA-CuO nanocomposite film using a facile solution casting technique.Read more
Swiss tech-firm Bühler India to invest Rs 200 Cr in manufacturing expansion
Celebrating its recent 30th anniversary milestone, the company has its sights set on initiating the production of essential product lines targeting the grain milling, food, feed, and advanced materials sectors.Read more
August sets new record for domestic passenger vehicle sales in India
Utility vehicles like Brezza, Grand Vitara, Jimny, Ertiga, and XL6 experienced a substantial two-fold increase with sales surging from 26,932 units in August of the previous year to 58,746 units.Read more