Royal Enfield to Invest Rs 2,500 Crore in New Plant
Royal Enfield announces a Rs 2,500 crore greenfield plant in Tada, Andhra Pradesh, to boost production capacity amid strong global demand, supplementing existing facilities.
Category : Industry
NIIFT Mohali Placement Drive Attracts Top Recruiters
The National Institute of Fashion Technology in Mohali held a placement drive with participation from leading fashion brands, offering roles in design and merchandising.
Trump Announces US Gov't Takes 10% Stake in Intel
The US government has acquired a 10% stake in Intel through a historic agreement, converting federal grants into equity worth $11 billion, strengthening American semiconductor leadership.
Bread Prices Up Rs 5 Per Pack on Higher Input Costs
Bread prices have increased by Rs 5 per pack in Mumbai due to rising costs of imported raw materials for plastic packaging and transportation, with the rupee depreciation adding to import woes.
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ISWAI Urges West Bengal Govt to Allow Liquor Price Hike
ISWAI has urged the West Bengal government to permit a hike in liquor prices, citing a 10%-20% rise in product costs due to energy-led inflation and global commodity crisis.
Solar Group Eyes Global Expansion with New Plants in Kazakhstan
Nagpur-based Solar Group expands globally with new plants in Kazakhstan, Sierra Leone, and Austria, while also targeting domestic growth in Odisha, Telangana, and Andhra Pradesh.
Haryana Cabinet Approves ₹8,500 Crore Gurgaon Metro Cost
Haryana cabinet approved the revised cost of Gurgaon's Millennium City Centre-Cyber City metro corridor at ₹8,500 crore, a 56% increase from the original estimate, due to price escalation and infrastructure changes.
Jaipur Gemstone Industry Shifts to Lightweight Jewellery
Amid export headwinds and high gold prices, Jaipur's colour gemstone industry pivots to lightweight jewellery and domestic demand, with growing acceptance of gemstones in modern designs.
UP Cabinet OKs Meja Power Project Expansion to 2400 MW
The Uttar Pradesh cabinet approved the expansion of Meja Super Thermal Power Project, adding 2,400 MW capacity with three 800 MW units at an investment of Rs 38,157 crore.
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UP Cabinet Approves Land Transfer for Agra Metro Corridor II
The Uttar Pradesh government has approved the transfer of 550 sqmt of nazul land for the construction of Agra Metro's corridor II from Agra Cantt to Kalindi Vihar, including stations and viaduct.
Haryana Cabinet Approves 10 Industrial Policies for Rs 5 Lakh Cr
The Haryana government approved 10 major industrial policies to attract Rs 5 lakh crore investment and create nearly 10 lakh jobs over five years, focusing on AI, semiconductors, electronics, pharma, and green industries.
Haryana Cabinet Approves Industrial Plot Sub-Division Policy
The Haryana cabinet has approved a policy for fresh sub-division and regularisation of illegally divided industrial plots in rehabilitation scheme areas within municipal limits.
Bread Prices Surge by Rs 5 Per Pack in Mumbai
Bread prices in Mumbai have risen by Rs 5 per pack, following a milk price hike. Factors include costly imported raw materials, packaging, transportation, and a falling rupee.
Imagicaaworld Invests Rs 100 Crore in Gujarat Water Park
Imagicaaworld Entertainment invests up to Rs 100 crore in Shanku's Water Park near Ahmedabad, marking its entry into Gujarat's leisure sector with operations and management services.
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Haryana Waives Rs 132.4 Crore Stamp Duty for Hisar IMC
Haryana cabinet approves waiver of nearly Rs 132.4 crore in stamp duty and registration charges for transfer of 2,988 acres at Hisar airport for an integrated manufacturing cluster under AKIC.
RIICO Gets 800 Applications for 465 Industrial Plots
RIICO received nearly 800 applications for 465 industrial plots valued at Rs 550 crore under the direct allotment scheme for MoU holders of the Rising Rajasthan investment summit.
DoNER Ministry Explores Eri Silk-Kota Doria Fusion
The DoNER ministry is fusing northeast's Eri silk with Rajasthan's Kota Doria to create a premium textile, boosting artisan livelihoods and global market presence.
Bengaluru ORR Concretisation May Disrupt Traffic for a Year
Bengaluru's Outer Ring Road will undergo a Rs 378-crore concretisation project, ripping up the main carriageway from Silk Board to KR Pura. The 17.1km stretch will be replaced with concrete roads, causing major traffic disruption for at least nine months
Mercedes-Benz 13% Growth in Andhra Pradesh, Opens Vizag Showroom
Mercedes-Benz India VP reports nearly 13% growth in Andhra Pradesh vs 3% nationally. New showroom in Visakhapatnam, CLA EV launched. State's EV penetration at 13%, boosted by zero GST policy.
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Green Steel Can Help India Avoid Rs 100 Lakh Cr Coal Imports
A study reveals that adopting green steel production can help India save over Rs 100 lakh crore in coal imports, boosting economic and environmental benefits.
Cargo Matters Opens EV Bus Plant in Belagavi, Karnataka
Cargo Matters launches an EV bus manufacturing facility in Belagavi, Karnataka. The 19-acre plant will produce electric buses for intercity travel, boosting green transportation.
Mumbai BEST Power Outage Complaints Rise to 7,500 in a Year
Mumbai's BEST recorded 7,500 power outage complaints in island city, up from 6,500 last year. Pending faults, cable issues, and staff shortage worsen the crisis.
Spectre Music and Actis Partner in India
Spectre Music and Actis have formed a national partnership to bring high-quality sound solutions to India, enhancing the country's audio landscape.
RaProcure: Reimagining Manufacturing Procurement with IMS
RaProcure, an industrial marketplace with built-in inventory management, is transforming manufacturing procurement by streamlining sourcing and inventory control.
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Oil Firms' Daily Losses Down to Rs 750 Crore from Rs 1,000 Crore
Oil marketing companies are now incurring daily losses of Rs 750 crore, down from Rs 1,000 crore earlier, according to the Ministry of Petroleum and Natural Gas.
Govt: OMCs under-recover Rs 750 crore daily on fuel
Oil marketing companies are under-recovering Rs 750 crore daily on petrol, diesel and LPG below market prices, the government said. A recent price hike reduced losses from Rs 1,000 crore per day.
Green Steel Could Save India $1 Trillion in Coking Coal Imports
A new report says green steel production using renewable energy and hydrogen can help India avoid $1 trillion in coking coal imports by 2050, leveraging its low-cost solar and wind power.
UBL to Shut Ludhiana Brewery Unit on June 30
United Breweries Ltd announced the closure of its Ludhiana brewery unit effective June 30, citing a regulatory filing. The unit is located at C/60, Focal Point, Ludhiana.
KSIC T Narsipur unit to produce extra 5000 kg silk yarn yearly
The Karnataka Silk Industries Corporation (KSIC) T Narsipur unit in Mysuru is set to boost production by an additional 5,000 kg of silk yarn annually, enhancing the region's silk output.
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Atul Launches Three Innovative Crop Protection Products
Atul Ltd introduces three advanced crop protection products to boost Indian agriculture, offering effective pest control and higher yields for farmers across the country.
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