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 …
Hindustan Aeronautics Limited (HAL) has announced a landmark contract with the Ministry of Defence (MoD) for the supply of 240 AL-31FP aero-engines, valued at over ₹26,000 crore. This significant agreement, approved by the Cabinet Committee on Security (CCS), marks a major milestone in India’s defence sector and supports the Aatmanirbhar Bharat initiative aimed at boosting …
Lemon Tree Hotels has just signed a deal to open a new hotel in Nashik, Maharashtra. This property, set to launch in FY26, will be managed by Carnation Hotels Private Limited, a subsidiary of Lemon Tree Hotels. Key Features & Location The upcoming hotel will feature 57 well-appointed rooms and include amenities such as a …
Introduction: A New Dawn in Electric Mobility On World EV Day, Mahindra Last Mile Mobility Limited (MLMML) unveiled its latest innovation, the e-ZEO, an electric four-wheeler that promises to redefine last-mile mobility in India. As the nation’s leading electric CV manufacturer, Mahindra aims to push the boundaries of sustainable transportation, targeting a segment traditionally dominated …
