UltraTech Cement enters the wires and cables sector with an Rs 18 billion investment plan.
UltraTech Cement has forayed into wires and cables business, further expanding its presence in the construction value chain. The Aditya Birla Group company will invest Rs 180 billion to set up a greenfield manufacturing facility near Bharuch, Gujarat which is expected to start operations by December 2026. An initial investment of Rs 10 billion has […]
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Star Cement to Invest Rs 32 Billion in Assam for New Clinker Plant
In a big boost to Assam’s industrial growth, Star Cement Ltd has announced an investment of Rs 32 billion to set up a state of the art cement clinker and grinding plant in the state. This was formalized through a Memorandum of Understanding (MoU) signed between Assam government and the company on the final day […]
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Viva ACP Launches Bricklyn: Blending Tradition and Modern Design
Introducing Bricklyn, the latest addition to Viva ACP’s Santa Fe series, from the biggest manufacturer of aluminium composite panels (ACP) in Asia. Bricklyn is inspired by the strength of traditional bricks but with a modern twist. A classic design with advanced technology, Brooklyn energy and Jenga creativity. Strength and beauty, for architects to design stunning […]
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TOSYALI SULB Orders DRI Plant to Midrex and SMS for Libya
Libya will soon become a major supplier of Direct Reduced Iron (DRI) in the Mediterranean region and beyond. To achieve this, a new DRI plant will be built in Benghazi area. The plant will be using MIDREX Flex® technology and TOSYALI SULB Steel Industries, a company formed by TOSYALI and Libya United Steel Company for […]
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Emaar Confirms Discussions with Adani Group for Stake Sale in Indian Operations
Emaar Properties, Dubai’s largest publicly listed real estate developer, confirmed Thursday that it is holding discussions with a number of Indian groups-which include Adani Group-as part of a deal to sell off a stake in its Indian operation. In its statement to the Dubai Financial Market, Emaar said negotiations are still in discussion; however, they […]
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Panaji Smart City’s Urban Map Survey is Nearing Completion
The advanced survey of Panaji’s topography, stormwater drainage network and street utilities by Panaji Smart City Development (IPSCDL) is almost over. This is part of the ‘Urban-Act’ project which aims to systematically understand Panaji’s topography and drainage infrastructure and create a future proof database for climate resilient urban planning. An official said 98% of the […]
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India’s Infrastructure Push to Propel Economic Growth in FY26
Big ticket infrastructure spends like highways, railways and power will drive growth in FY2025-26 and beyond. A PL report says it’s already visible in sectors like railways, defence, power and data centres. 2024-25 Budget had allocated Rs 11.1 trillion for infrastructure and that will only go up in 2025-26 Budget. The report says these will […]
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JK Tyre Marks India’s Automotive Growth with 20th ICOTY
The Indian Car of the Year (ICOTY) and Indian Motorcycle of the Year (IMOTY) awards, presented by JK Tyre since inception, took place at the lovely Levitas Lounge in New Delhi. The most coveted awards in the Indian automobile industry, these awards celebrate 20 years of innovation and excellence. The event was attended by industry […]
Read MoreMacrotech Developers Purchases 20-Acre Land in Bengaluru
Macrotech Developers, a Mumbai based real estate company has acquired 20 acres of land in Bengaluru for a housing project worth Rs 28 billion as part of its expansion plans. The company which markets properties under the Lodha brand has been buying land through outright purchases and partnerships with landowners for joint development. Of this […]
Read MoreJSW Cement Gets SEBI Green Light for ₹4,000 Cr IPO
JSW Cement, part of the Sajjan Jindal led JSW Group, has got SEBI approval to launch its ₹4,000 cr IPO. The DRHP was filed on 17th August and this is a big fund raise. The IPO will have two components: a fresh issue of ₹2,000 cr and an offer for sale (OFS) of ₹2,000 cr […]
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