On September 24, 2024, Balu Forge Industries Ltd, a prominent precision engineering company engaged in manufacturing of crankshafts & forged components, announced the successful acquisition of 7 Axis CNC machines, which are designed for critical applications in industries such as aerospace, defence, and railways. This new equipment will enhance the company’s ability to produce precision-engineered …
The shipping industry is crucial for global trade and transportation, attracting investors due to its consistent demand and growth prospects. Companies in this sector gain from rising global trade, new technologies, and strong market demand. As the world becomes more interconnected, the need for efficient shipping solutions continues to grow, keeping the industry strong. Investing …
On September 24, 2024, Larsen & Toubro’s Power Transmission & Distribution (PT&D) division secured new contracts in the Middle East to expand and strengthen high-voltage electricity grids. Saudi Arabia L&T has been awarded contracts to set up ±500kV High Voltage Direct Current (HVDC) transmission links, interconnecting different regions of Saudi Arabia’s national electricity network. This …
On September 24, 2024, Sterling and Wilson Renewable Energy Limited announced the receipt of two significant domestic orders from Private Independent Power Producers (IPPs), collectively valued at approximately ₹512 crore. The first order involves the Engineering, Procurement, and Construction (EPC) of a 200 MW AC/250 MWp DC photovoltaic (PV) plant for a solar project in …
RattanIndia Enterprises Limited announced the successful launch of its electric mobility arm, Revolt Motors’ new RV1 and RV1+ electric motorcycles. These models have garnered over 16,000 bookings within the first week, showcasing the high demand and excitement surrounding India’s first commuter electric motorcycle. The RV1 was officially launched on 17th September 2024 by Hon’ble Nitin …
Easy Trip Planners Limited, in collaboration with Bank of Baroda, has introduced the Bank of Baroda EaseMyTrip Co-branded Travel Debit Card, aimed at frequent travellers and lifestyle enthusiasts. This is the first co-branded travel debit card launched by a public sector bank, offering a host of attractive benefits. Cardholders can enjoy exclusive discounts on travel …
India’s geographical diversity and rich cultural experiences make it a leading country in international tourism expenditure. The travel market in India is expected to grow from an estimated US$ 75 billion in FY20 to US$ 125 billion by FY27. As one of the most sought-after travel destinations globally, India’s tourism and hospitality industry has become …
Coal India Limited (CIL) informed the exchanges that it has entered into a Joint Venture Agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The collaboration aims to set up a 2×800 MW Brownfield Thermal Power Project at RRVUNL’s existing Kalisindh Thermal Power Station in Rajasthan, while also exploring other thermal power-related projects, including …
Tata Power Delhi Distribution Ltd (Tata Power-DDL) has achieved a significant milestone with the acquisition of a 20-year patent for its innovative self-generating breather. This groundbreaking device is designed to safeguard transformers from moisture intrusion, thereby extending their operational lifespan and enhancing the reliability of power distribution. The ‘Self-Regenerating Breather’ employs a unique mechanism that …
AstraZeneca Pharma (India) Ltd. has recently announced securing approval from the Central Drugs Standard Control Organisation (CDSCO) to import and distribute Durvalumab (Imfinzi) in two dosage strengths: 120 mg/2.4 mL and 500 mg/10 mL, marking an important milestone, allowing the company to introduce new cancer treatment options for Indian patients, particularly those suffering from non-small …
