Replacement Of Toll Tax With Convenient Alternatives
New Delhi: The system of toll tax commenced in 1851 during the British period in the 19th century, as enacted on 4th July 1851, drawing on concepts from the Mauryan, Gupta, and Medieval Indian periods to achieve collective revenues for road maintenance. With the progress of time and technological advancements the technique of road construction […]
Shyam Metalics Unveiled Vision 2031 With ₹400bn Revenue Target And ₹100bn Capex Commitment
New Delhi: Shyam Metalics and Energy Limited (SMEL), one of India’s leading integrated metal producers, announced its ambitious Vision 2031 strategy, setting a transformative roadmap to scale operations, enhance value creation, and drive sustainable growth across its diversified portfolio. The company aims to achieve a 2.5x increase in revenue, reaching ₹400 billion by 2031, supported […]
Rajesh Power Secured ₹921.89 Crore EPC Orders From UGVCL For Gujarat Distribution Upgrade
Ahmedabad: Rajesh Power Services Limited, one of India’s leading EPC contractors in power transmission and distribution, announced that it had secured new turnkey orders worth ₹921.89 crore (inclusive of taxes) from Uttar Gujarat Vij Company Limited (UGVCL), a state-run power distribution utility in Gujarat. The announcement marked a significant milestone in the company’s ongoing efforts […]
Marriott India Business Council Marks 11 Years of “Road to Give” Continuing the Legacy of Movement and Meaningful Change
New Delhi: The Marriott India Business Council proudly marked the 11th edition of its flagship philanthropic initiative, “Road to Give,” uniting associates, partners, and community members across India, Nepal, Bhutan, and Sri Lanka in a collective celebration of movement, compassion, and social responsibility. What began over a decade ago as a small initiative to connect […]
Power Mech Secured ₹2500 Crore BoP EPC Contract For Singareni Thermal Expansion
Hyderabad: Power Mech Projects Limited (PMPL), a leading industrial engineering and infrastructure services company, announced that it had secured a major contract from Bharat Heavy Electricals Limited (BHEL) for the execution of the Balance of Plant (BoP) package on an Engineering, Procurement and Construction (EPC) basis for the upcoming 1 x 800 MW Singareni Thermal […]
SpiceJet Adds Three Aircraft, Begins Aggressive Winter Expansion to Double Fleet by December
Gurugram: SpiceJet has officially inducted three new aircraft into its operational fleet, marking the launch of its ambitious winter expansion plan. The additions include one Airbus A340 wide-body and two Boeing 737 narrow-body aircraft, which will begin operations between October 10 and 11. This move is part of a larger strategy to meet the rising […]
JSW Steel Achieves Record Quarterly Crude Steel Production of 7.90 Million Tonnes in Q2 FY26
Mumbai: JSW Steel reported its highest-ever quarterly consolidated crude steel production at 7.90 million tonnes for Q2 FY26, marking a 17% year-on-year (YoY) growth and a 9% quarter-on-quarter (QoQ) increase. The company’s Indian operations contributed 7.66 million tonnes, while JSW Steel USA – Ohio maintained steady output at 0.24 million tonnes. Capacity utilisation at Indian facilities […]
Kolte-Patil Acquired 7.5-Acre Parcel In Bhugaon; Project Estimated At Rs. 1,400 Crore GDV
Pune: Kolte-Patil Developers Limited announced that it had acquired a ~7.5-acre land parcel in Bhugaon, Pune, adding a strategically located site to its Pune portfolio. The company estimated the saleable area at ~1.9 million square feet and assigned a Gross Development Value (GDV) of approximately Rs. 1,400 crore to the project. The acquisition marked Kolte-Patil’s […]
Power & Instrumentation (Gujarat) Limited Secures ₹102.78 Cr RDSS Orders To Strengthen Rajasthan’s Power Network
Ahmedabad: Power & Instrumentation (Gujarat) Limited, a leading electrical contracting and infrastructure development company, has announced the receipt of two back-to-back orders totaling ₹102.78 crore under the Revamped Distribution Sector Scheme (RDSS). Both contracts have been awarded by Ajmer Vidyut Vitran Nigam Limited (AVVNL), reinforcing PIGL’s growing footprint in Rajasthan’s power distribution landscape. These latest […]
Jindal Stainless Launches Corrosion-Resistant Salt Trailers To Revolutionize Sustainable Logistics
New Delhi: India’s leading stainless steel manufacturer, Jindal Stainless, unveiled its groundbreaking Salt Tipper Trailer at the Technical Conclave held in Gujarat, the epicenter of India’s salt production. This innovation marks a significant leap in sustainable logistics, addressing chronic issues of corrosion, durability, and maintenance in salt transportation. The newly launched trailers are constructed using […]