January 17, 2025
Hindustan Zinc Limited, an integrated zinc producer, held a felicitation ceremony to recognize technology startups contributing to the company’s operational advancements. The event, organized ahead of India’s National Startup Day, highlighted the company’s engagement with over 40 startups on 60 projects, alongside collaborations with more than 50 startups for industrial scale-ups. The company’s partnerships focus […]
January 17, 2025
OPG Mobility, formerly known as Okaya EV, has announced plans to raise ₹400 crore over the next 18–24 months to support its growth initiatives, including product portfolio expansion and network enhancement. According to a company press release, this funding will primarily target the development of new electric vehicle (EV) models and the expansion of its […]
January 17, 2025
JSW Paints has announced its openness to exploring inorganic growth opportunities, including participating in a potential acquisition process initiated by Akzo Nobel. Sundaresan A S, joint managing director and CEO of JSW Paints, confirmed the company’s interest during the Indian Paint Conference in Kolkata, organized by the Indian Paint Association. The company emphasized that any […]
January 16, 2025
Boeing President and CEO Kelly Ortberg is visiting India on his first international trip since assuming leadership of the aerospace manufacturer in August 2024. During the three-day visit, Ortberg met with Finance Minister Nirmala Sitharaman in Delhi and is scheduled to engage with Boeing employees and customers in the country. Indian airline companies have placed […]
January 16, 2025
The International Battery Company (IBC) is set to begin production at its lithium-ion battery manufacturing unit in Bengaluru within nine months. The project, with an estimated investment of ₹390 crore, is expected to create 300 direct jobs, according to a press release issued by the company. A groundbreaking ceremony for the factory, located at the […]
January 16, 2025
Rungta Steel has announced the commencement of Ductile Iron (DI) Pipe production at its Chaliyama Steel Plant in Chaibasa, Jharkhand. This initiative marks the company’s entry into a new segment within the infrastructure sector, complementing its existing product offerings such as TMT bars, wire rods, and fly ash bricks. DI Pipes are manufactured using molten […]
January 16, 2025
Minda Corporation Limited has announced a strategic partnership with Flash Electronics (India) Pvt. Ltd., involving the acquisition of a 49% equity stake in Flash Electronics for ₹1,372 crore. The partnership aims to strengthen both companies’ positions in the electric vehicle (EV) and automotive electronics markets. Flash Electronics specializes in automotive engine and powertrain electronics, including […]
January 16, 2025
G R Infraprojects Limited has completed the acquisition of Bijapur REZ Transmission Limited (BRTL) from PFC Consulting Limited. The transaction, executed under a share purchase agreement, makes BRTL a wholly owned subsidiary of the company. BRTL, incorporated on June 28, 2024, has an authorized and paid-up share capital of ₹1 lakh, divided into 10,000 equity […]
January 16, 2025
ASK Automotive has started commercial operations at its new manufacturing facility in Karnataka as of January 14, 2025, according to a press release issued by the company. The plant, operated by its wholly owned subsidiary, ASK Automobiles, is the company’s 18th production unit overall and the third under the ASK Automobiles banner. The facility is […]
January 16, 2025
NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, and Assam Power Distribution Company Limited (APDCL) have signed a Joint Venture Agreement to establish a solar power project in Assam with a planned capacity of 1,000 megawatts (MW). Under the agreement, a new Joint Venture Company (JVC) will be created with NIRL holding […]
