Business Issues

IMFA Partners with JSW Green Energy for 70 MW Hybrid Renewable Power

Indian Metals & Ferro Alloys Limited (IMFA) signed a binding term sheet with JSW Green Energy One Ltd. (Solar) and JSW Green Energy Seven Ltd. (Wind) on December 17, 2024...

NBCC Secures ₹489.60 Crore Work Orders for Projects in Chhattisgarh and Jaipur

NBCC (India) Limited has secured work orders worth ₹489.60 crore, as announced on December 16, 2024. The details of the awarded projects are as follows: 1. Construction of Eklavya Model...

NITCO Secures ₹105.4 Crore Order from Prestige Estates, Total Expected Orders at ₹209.4 Crore

NITCO Limited, a leading supplier of tiles, marble, and mosaics, has received a significant order valued at ₹105.40 crore from Prestige Estates Projects Limited. The order, focused on the domestic...

Ambuja Cements Approves Merger with Sanghi Industries for Operational Synergy

The Board of Directors of Ambuja Cements Limited approved a Scheme of Arrangement on December 17, 2024, for the amalgamation of Sanghi Industries Limited with Ambuja Cements Limited. Ambuja Cements...

IMFA Partners with JSW Green Energy for 70 MW Renewable Power Project

Indian Metals & Ferro Alloys Limited (IMFA) has signed an agreement with JSW Green Energy One Ltd. and JSW Green Energy Seven Ltd. on December 17, 2024, to procure 70...

MINDA-HCMF Technologies Private Limited: Joint Venture for Automotive Sunroof Solutions

Minda Corporation Limited and HSIN CHONG MACHINERY WORKS CO., LTD (“HCMF”) have established a joint venture named MINDA-HCMF TECHNOLOGIES PRIVATE LIMITED. Both companies will equally contribute 50% of...

RailTel and Texmaco Announce Major Domestic Orders in India

Two Indian Companies Secure Major Contracts This article highlights significant order wins by two Indian companies: RailTel Corporation of India Ltd. On December 16, 2024, at 3:00 PM, RailTel...

Happiest Minds Announces Merger of Aureus Tech Systems with Happiest Minds Inc.

Happiest Minds Technologies Limited has announced the merger of Aureus Tech Systems LLC (Aureus) with Happiest Minds Inc., effective December 14, 2024. Aureus, a wholly owned subsidiary of Happiest...

Godavari Biorefineries to Set Up 200 KLPD Grain-Based Distillery at Sameerwadi

Godavari Biorefineries Limited has announced a capital expenditure plan of approximately Rs. 130 crore to establish a new corn/grain-based distillery at its Sameerwadi manufacturing unit. The...