JK Cement may raise money and give final dividend soon
JK Cement, which is a large cement firm in India, will hold its board meeting on May 24, 2025. During this meeting, they will make a decision whether they will raise ₹500 crore by issuing non-convertible debentures (a means of taking loan). If the board gives their approval, they will request shareholders for their approvals […]
Read More
APEDA and Arunachal Government Host International Conclave to Boost Farm Exports
The Agricultural and Processed Food Products Export Development Authority (APEDA) and the Government of Arunachal Pradesh organized an International Conclave and Buyer-Seller Meet at Kalawangpo Convention Hall in Tawang. The conference was to promote the export of agricultural and processed food products of the North Eastern Region (NER). Chief Minister Pema Khandu addressed the function […]
Read More
Drydocks World and Cochin Shipyard Forge Strategic Partnership to Boost Ship Repair and Maritime Infrastructure in India
DP World’s Drydocks World has signed a Memorandum of Understanding (MoU) with India’s Cochin Shipyard Limited (CSL), a move prompted by the Ministry of Ports, Shipping, and Waterways of India. The alliance is intended to establish ship repair clusters throughout India, improving maritime infrastructure within the nation and increasing global competitiveness in the industry. The […]
Read More
Otis India to Install 65 Elevators for Patna’s First Metro Project
Otis India, which is owned by Otis Worldwide, has secured a contract to install 65 state-of-the-art elevators in the Patna Metro. These elevators will be manufactured at their Bengaluru factory. This is the first metro project in Bihar. Otis India will facilitate better public transport in Patna by making it simpler and safer for individuals […]
Read More
Century Real Estate Plans Over Rs 9,000 Crore in New Projects for FY26 After Strong FY25 Performance
Century Real Estate has announced plans to launch more than 10 new projects in the financial year 2025–26 (FY26), with a total estimated Gross Development Value (GDV) of over Rs 9,000 crore. This follows a highly successful year in FY2024–25 (FY25), where the company recorded sales of more than Rs 1,800 crore. The company’s luxury […]
Read More
SCHWING Stetter and MAX-Truder Team Up for Better Concrete Solutions in India
SCHWING Stetter India, a company that manufactures construction and concrete machinery, is now partnering with MAX-Truder, a German company that manufactures precast concrete machinery. This partnership will help SCHWING Stetter grow in the precast concrete market in India. Precast concrete means parts of the building like walls and floors are made in a factory and […]
Read More
Nuvoco Becomes 5th Largest Cement Producer in India After Acquiring Vadraj Cement
Nuvoco Vistas Corporation has become the 5th largest cement company in India after acquiring Vadraj Cement. The National Company Law Tribunal (NCLT) in Mumbai has approved the deal for Rs 18 billion. Nuvoco will buy Vadraj Cement through its subsidiary Vanya Corporation which will later merge with Vadraj. Vadraj Cement based in Gujarat was bought […]
Read More
Andhra Pradesh Approves Rs 1.35 Trillion Steel Project and Key Development Plans
AP Government approves big plans for industry and tourism. The biggest plan is to allow ArcelorMittal Nippon Steel India to set up a massive steel plant worth Rs 1.35 trillion in Anakapalli district. The project will be in two phases: The government also approved plans to develop new ports and fishing harbors along the coast […]
Read More
UltraTech Cement to Buy Wonder WallCare for Rs 2.35 Billion
UltraTech Cement, part of the Aditya Birla Group, announced on April 3 that it will buy Wonder WallCare for Rs 2.35 billion. This means UltraTech will own 100% of the company. They signed an agreement with Wonder WallCare’s current owners, and the deal will be completed in about 90 days after getting the necessary approvals. […]
Read More
Shree Cement Launches 3 MTPA Grinding Unit in Etah, UP
Shree Cement has gone live with its 3 MTPA grinding unit in Etah, Uttar Pradesh. This is one of the largest in the region and a big boost to the state’s infrastructure. The project has been fully funded through internal resources and is expected to create over 500 direct and indirect jobs. Located near railway […]
Read More
