Tata Motors Limited has announced the incorporation of a new wholly-owned subsidiary, Tata Motors Digital.AI Labs Limited (TMDALL), to bolster its digital capabilities and drive innovation in the automotive sector. Key Details of the Incorporation: Name: Tata Motors Digital.AI Labs Limited (TMDALL) Authorized Share Capital: ₹1,00,00,000, divided into 10,00,000 equity shares of ₹10 each Paid-Up…
Mahindra & Mahindra Ltd. (M&M) has announced a strategic move to streamline its corporate structure by acquiring a 57% equity stake in Mahindra – BT Investment Company (Mauritius) Limited (MBTICM). This acquisition involves M&M purchasing 67,71,600 equity shares from its wholly-owned subsidiary, Mahindra Overseas Investment Company (Mauritius) Limited (MOICML), thereby making MBTICM a direct subsidiary…
Maharashtra Seamless Limited (MSL), a leading manufacturer of seamless pipes in India, has secured a significant order valued at approximately ₹298 crore. This order entails the supply of seamless pipes to a domestic entity in the oil and gas sector, with deliveries scheduled over the forthcoming quarters to align with the customer’s requirements. Company Overview…
Transformers and Rectifiers (India) Limited (TARIL) has announced a significant achievement, securing orders worth ₹726 crore from Gujarat Energy Transmission Corporation Limited (GETCO). This development underscores TARIL’s commitment to excellence and its pivotal role in India’s power infrastructure sector. Details of the Order The orders encompass the supply of Auto Transformers and Bus Reactors, integral…
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…