Timken India Limited has announced plans to enhance its production capacity for rail bearing components at its Jamshedpur facility. Key Details of the Expansion: Current Operations: Manufacture of tapered roller bearings and rail bearings, including components like cups and cones. Capacity Utilization: The existing grinding and assembly operations for cup and cone components are nearly…
MAN Industries (India) Limited has inaugurated a new advanced Spiral Mill for narrow-range pipes and an advanced Polyurethane (PU) Coating Facility at its manufacturing plant in Pithampur, Madhya Pradesh. Key Highlights: Investment: Approximately ₹100 crore Capacity Expansion: Annual production capacity increased from 100,000 TPA to 150,000 TPA, adding 50,000 TPA Product Range: Capability to manufacture…
SML ISUZU Limited has secured a significant contract from the Indian Air Force (IAF) for the supply of 114 BS VI, 4-Wheel Drive Troop Carriers. Key Details of the Order: Contract Value: ₹24.71 crore Vehicle Specifications: BS VI compliant, 4-Wheel Drive, 20-seat capacity Delivery Schedule: Between March 11 and July 9, 2025 Procurement Process: Awarded…
Premier Explosives Limited has secured an export order worth ₹21.45 crore for the supply of defense explosives to international clients. The contract stipulates delivery within a five-month timeframe. Company Overview: Premier Explosives Limited specializes in manufacturing high-energy materials and allied products for defense, space, mining, and infrastructure sectors. Their product portfolio includes bulk explosives, packaged…
R.P.P. Infra Projects Limited has been awarded a contract by the Department of Space for the construction of a Non-Destructive Testing (NDT) facility at the Small Satellite Launch Vehicle (SSLV) Launch Complex in Tiruchendur and Sathankulam Taluk, Tuticorin District, Tamil Nadu. Key Details of the Project: Scope of Work: The project encompasses civil, public health,…
Linde India Limited has recently announced a significant development in its operations by entering into a long-term agreement with Asian Paints (Polymers) Limited for the supply of industrial gases. Key Highlights of the Agreement: Partnership: Linde India will supply industrial gases to Asian Paints (Polymers), a subsidiary of Asian Paints Limited, one of India’s leading…
MSTC Limited, a Government of India enterprise, has secured a significant contract with Coal India Limited (CIL). The company has been appointed as the e-auction service provider for conducting electronic auctions of coal and coal products for CIL and its subsidiaries over the next two years. Key Highlights of the Engagement: Scope: MSTC will facilitate…
Aditya Birla Capital Limited (ABCL) has reinforced its commitment to the housing finance sector by investing ₹300 crore in its wholly-owned subsidiary, Aditya Birla Housing Finance Limited (ABHFL). This strategic infusion, executed through a rights issue, aims to bolster ABHFL’s growth trajectory and enhance its leverage ratio. Investment Details Amount: ₹300 crore Method: Rights issue,…
Syngene International Limited, a leading contract research, development, and manufacturing organization (CRDMO), has announced a significant investment to bolster its global operations. The company plans to invest up to $56 million in its wholly-owned subsidiary, Syngene USA Inc (SUSA), to facilitate the acquisition of a biologics manufacturing facility and support its operational needs. Details of…
Tata Consultancy Services (TCS), a global leader in IT services, has announced a significant strategic move to enhance its delivery capabilities. On March 11, 2025, TCS disclosed its plan to acquire Darshita Southern India Happy Homes Private Limited, a company specializing in commercial real estate development. This acquisition is poised to bolster TCS’s infrastructure by…