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Jaquar Group will invest Rs 300 crore to expand its manufacturing facilities in Rajasthan and Haryana in FY 2018. A sum of Rs 150 crore will be spent on raising the capacity of faucets’ manufacturing facility located in Bhiwadi in Rajasthan. Company intends to expand manufacturing capacity of faucets from 80,000 to 1,00,000 per day. […]

Andhra Pradesh Chief Minister N Chandrababu Naidu laid the foundation stone for the manufacturing plant of Apollo Tyres in Andhra Pradesh on 9 January 2018. Facility will manufacture passenger car radial (PCR) tyres initially. The company has purchased 200 acre of land for the upcoming facility in Chinnapanduru village in Chittoor district and will be […]

Ramco Systems, the Chennai-based aviation software provider on cloud and mobile, has secured an order from Papillon Grand Canyon Helicopters, the world’s largest and longest running aerial tour company, to install Aviation Suite V5.8, for maintenance and engineering operations of its fleet. Papillon Group’s fleet of 80 rotor and fixed-wing aircraft annually fly an estimated […]

Global hospitality consulting firm HVS and its joint venture partner in India have mutually terminated their partnership after 20 years. Manav Thadani, chairman of HVS Asia Pacific who started India operations through the joint venture in 1997, has launched his own company, Hotelivate. “We are breaking away from HVS. The entire team of HVS India, […]

From facilitating loans to providing micro-ATMs in rural areas, wanting a bigger role than that of being just a mobile wallet, digital money providers Paytm, MobiKwik and others are expanding, pivoting and transforming their core business model in hopes of becoming a complete financial services solution. While digital money companies went all out to promote […]

Electronic firms shortlisted for incentives by the government for manufacturing their products in India have invested Rs.3,585 crore in 72 projects till September this year, Parliament was informed today. “As per the reports provided by the applicants approved under MSIPS, as on 30-09-2017, a total of Rs 3,585 crore has been invested in 72 projects […]

ABB India has won an order worth Rs.134 crore to supply state-of-the-art traction equipment for electric locomotives, manufactured by Chittaranjan Locomotive works (CLW). ABB will deliver traction converters, standalone auxiliary converters and vehicle control units for 64 electric locomotives which will be used for passenger and freight operations. http://www.business-standard.com/article/news-cm/abb-india-secures-order-for-traction-equipment-worth-rs-134-cr-117122100960_1.html

Indian Hume Pipe Company secures orders worth Rs.257.26 crore Indian Hume Pipe Company has secured three work orders aggregating Rs 257.26 crore. The company has bagged the contracts from Bengaluru Water Supply and Sewerage Board under Atal Mission for Rejuvenation and Urban Transformation (AMRUT). http://www.projectstoday.com/News/Indian-Hume-Pipe-Company-secures-orders-worth-Rs-25726-crore

Pitti Laminations Ltd has commissioned a new plant for machining near Hyderabad and has begun trial runs for another plant at Aurangabad for machining and laminations. Hyderabad-based manufacturer of electrical laminations has also begun commercial delivery of products to GE India and expects this to contribute t its growth this year. Akshay S Pitti, Vice-Chairman […]

Japan’s Sharp has entered into a strategic alliance with Ingram Micro, a leading global wholesale technology distributor, to distribute its air purifiers in the Indian market. With this, Ingram Micro will launch Sharp’s air purifiers to 16,000 stores across the country, a company release said. Under this agreement, Ingram Micro will offer the entire range […]