On September 11, 2024, Gensol Engineering Limited, in collaboration with Matrix Gas & Renewables Ltd, announced their joint project to establish India’s first Green Hydrogen Valley in Pune. The Gensol-Matrix partnership will set up a Green Hydrogen production plant on a Build, Own, and Operate (BOO) basis to supply Green Hydrogen to the speciality …
The company SEPC offers multidisciplinary design, engineering, procurement, construction, and project management services, enabling them to tackle engineering challenges from start to finish. The main areas of expertise for SEPC are turnkey solutions for ferrous and nonferrous, cement, aluminum, copper, and thermal power plants; water treatment and transmission; cooling towers; renewable energy; and material handling. …
One of the biggest conglomerates in India is Reliance Industries Limited, which has holdings in a number of industries, including petrochemicals, refining, retail, telecommunications, oil and gas exploration, and more. Dhirubhai Ambani founded the company in 1966, and since then, it has expanded rapidly to become a dominant force in Indian business. Reliance Industries has …
On September 10, 2024, Lemon Tree Hotels announced the signing of its new property – Lemon Tree Hotel in Mira Road, Mumbai. The hotel will be managed by Carnation Hotels Private Limited, a fully-owned subsidiary of Lemon Tree Hotels Limited, and is expected to open in FY 2026. Mumbai, known as India’s financial hub and …
Shriram Group, a financial services company, plans to first list its general insurance division, followed by its life insurance arm, according to Umesh Revankar, the Executive Vice Chairman of Shriram Finance. The company’s two subsidiaries, Shriram General Insurance and Shriram Life Insurance, are expected to go public within the next 2 years as their businesses …
Maruti Suzuki is preparing to launch its first electric vehicle (EV), a mid-size SUV called the eVX, with a range of over 500 kilometres. The company aims to address common concerns among EV buyers, such as range anxiety, charging infrastructure, and the resale value of electric cars. In addition to selling the eVX domestically, Maruti …
Steel Strips Wheels Limited (SSWL) announced a strategic move further to its intimation dated December 22, 2022, by entering into a Supplementary Shareholders Agreement with Clean Max Astria Private Limited (CMAPL) and its promoter Clean Max Enviro Energy Solutions Private Limited (CMEESPL). The agreement, signed on September 10, 2024, outlines SSWL’s additional investment of …
Hindustan Zinc Limited has announced that its premium-grade zinc was used in galvanising India’s heaviest transmission steel pole structure. The massive 400 kV dual-pole structure, standing at ~57 metres, was galvanised using a mix of Hindustan Zinc’s low-dross jumbo special high-grade zinc and SHG zinc ingots. The company stated that this process provides protection …
HG Infra Engineering Ltd. secured a big project with a Rs.781 crore contract from the Ministry of Road Transport and Highways (MoRTH). Announced recently, this project is all about upgrading a 10.630 km stretch of National Highway 47 (NH-47) in Gujarat, from Narol Junction to Sarkhej Junction. The plan includes adding an elevated corridor, and …
The Indian agricultural sector is expected to increase to $24 billion by 2025. The Indian food and grocery market ranks as the sixth largest globally, with retail making up 70% of the total sales. India is an important player in the global agriculture sector, with around 55% of its population relying on it for their …
