Ashok Leyland Commits ₹5,000 Crore To Build India’s Battery Ecosystem
New Delhi: Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, today announced its plans to invest in development and manufacturing of next-generation batteries, for both automotive and non-automotive applications, including energy storage systems. This reinforces Ashok Leyland’s ambition to be a leading player in creating an electrification […]
Hitachi Energy India Expands Mysuru Plant With World’s First Fossil-Free Pressboard Production Line
Mysuru: Hitachi Energy India Ltd., (Hitachi Energy India) announced an investment of INR 300 crores in its insulation and components business in India by expanding its manufacturing facility in Mysuru, Karnataka. The expansion will double the facility’s capacity to produce EHV class high-quality pressboard and laminated board, a vital insulation material used in power and […]
Tessolve Secures $150 Million Investment From TPG to Boost Semiconductor Expansion
New Delhi: Tessolve, a Hero Electronix venture and the largest independent semiconductor engineering services company globally today announced it has secured $150 million in funding from leading global alternative asset management firm TPG. Tessolve will use the additional capital to strengthen global delivery centers, expand advanced test labs and accelerate strategic acquisition as it looks […]
Greenzo Energy Wins Jindal Stainless Contract For Green Hydrogen Electrolyser Plant In Odisha
New Delhi: Greenzo Energy India Limited has received a prestigious order from Jindal Stainless Limited (JSL), India’s largest stainless-steel manufacturer, for the supply, erection, installation, and commissioning of an advanced electrolyser-based green hydrogen plant at JSL’s Kalinga Nagar Industrial Complex in Jajpur, Odisha.The project will be executed with a designed capacity of 472409 kg/yr, along […]
Mukand Sumi Special Steel Launches Greenfield Integrated Plant With Sustainable Vision
New Delhi: Mukand Sumi Special Steel Limited (MSSSL) has announced a significant expansion in production with the construction of a greenfield integrated steelmaking facility at Kanakapura, Koppal, Karnataka. A joint venture between India’s Bajaj Group and Japan’s Sumitomo Corporation, MSSSL continues to strengthen its position as a leading special steel manufacturer in India. With this […]
EKI Energy Applauds India-Japan Pact On Joint Crediting Mechanism Under Paris Agreement’s Article 6.2
New Delhi: EKI Energy Services Ltd., a leading developer and supplier of carbon credits across the globe, welcomes the signing of the Memorandum of Cooperation (MoC) between the Government of India and the Government of Japan on the Joint Crediting Mechanism (JCM) under Article 6.2 of the Paris Agreement on Climate Change. The agreement marks […]
BPCL Honoured With SCOPE Eminence Award For Environment Excellence & Sustainable Development
New Delhi: Bharat Petroleum Corporation Limited (BPCL), a Maharatna and a Fortune Global 500 Company, has been conferred with the prestigious SCOPE Eminence Award for Environment Excellence & Sustainable Development for the year 2022-23, in recognition of its unwavering commitment to sustainability and environmental stewardship. The award was presented by Hon’ble President of India, Droupadi […]
VTM Limited Announces Proactive Measures Amid New U.S. Tariffs
Madurai: VTM Limited, a prominent Indian home-textile manufacturer with a substantial export footprint in the United States, today announced a comprehensive set of proactive measures aimed at ensuring supply continuity, mitigating the impact of newly imposed U.S. tariffs on Indian imports, and sustaining medium- to long-term growth. Strategic Measures to Minimize Business Impact Customer Continuity […]
Aurionpro, DFCC Bank Announce Strategic Collaboration In AI
Mumbai: Aurionpro Solutions Limited, an enterprise technology leader, announces a strategic partnership with DFCC Bank PLC, a leading bank in Sri Lanka, to collaborate on the development and implementation of Predictive Artificial Intelligence (AI) and Generative AI (Gen AI) use cases aimed at enhancing the Bank’s digital capabilities and competitive edge. The partnership marks the […]
HPL Electric Extends Partnership With Kabbadi Champions – Haryana Steelers
Kundli: HPL Electric & Power Ltd., a leading Indian electrical equipment manufacturer, today announced the continuation of its long-standing association with the Haryana Steelers kabaddi franchise as Official Partner for HPL Wires for the third consecutive year. The Haryana Steelers, reigning champions of the last season, now look ahead to defend their title. Through this […]