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Interim budget 2024-25: Govt plans Rs 11.11 trillion capex for this year
FM Nirmala Sitharaman proposed setting up of a corpus of Rs one trillion for India’s tech savvy youth. For railways, three major economic railway corridor programmes - energy, mineral and cement corridors, port connectivity corridors, and high traffic density corridors - will be implemented.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
UltraTech Cement rolls out electric trucks for Green Mobility
As part of the government's eFAST initiative, the company aims to deploy 500 electric trucks and incorporate 1,000 CNG/LNG vehicles into its fleet by June 2025.Read more
C4V and Hindalco join forces for EV Battery advancements in India
Hindalco, in line with this collaboration, has recently announced the establishment of a 25,000-tonne battery foil manufacturing facility in Odisha.Read more
Vedanta greenlights Rs 3,400 cr NCDs raise for capital structure enhancement
Last week, Vedanta Resources (VRL), the UK-headquartered parent company of the Vedanta group, announced securing a USD 1.25-billion loan from private lenders to refinance a portion of its $3.2-billion debt maturing in 2024 and 2025.Read more
Vinita Singhania receives Lifetime Achievement Award at the 7th Indian Cement Review Awards
Vinita Singhania: Cement Pioneer Honored with Lifetime Achievement at 7th Indian Cement Review AwardsRead more
Indian Cement Industry Set to Build 100-150MT Capacity
The 14th Cement Expo and 9th Indian Cement Review Conference 2023 flags offRead more
Adani Portfolio leading the way in ESG
Adani portfolio businesses have active strategy to decarbonise, pledge to plant 100 million trees by 2030, and undertake innovative pilot projects, including development of hydrogen Fuel Cell Electric Truck.Read more
DPIIT, Ministries & FIRST Construction Council to discuss sustainability with cement industry captains at Cement EXPO 2023 on Dec 14-15
Join DPIIT, Ministries & industry leaders at Cement EXPO 2023 on Dec 14-15 for sustainability talksRead more
PLI scheme: Need for a course correction
The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more