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Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, signed a key deal at the India-Russia annual summit here last week for a joint investment for mineral fertilisers with an eye on expanding its footprint in India. Besides, RDIF and UAE’s DP World will also participate in a National Investment and Infrastructure Fund (NIIF) venture, […]

Chandrapur City Municipal Corporation (CMCC) will soon finalise executor for its proposed Sewage Treatment Plant (STP) at Mahagenco Plant of Chandrapur Scheme in Chandapur district of Maharashtra under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) programme. On 26 May 2018 bids were invited from contractors for civil work of treated sewage water recycle and […]

For 8 years, a team of 20 scientists worked to convert the small black seeds of the jatropha plant (in pic) into fuel to fire the engines of a jet plane. On August 27, their work at the verdant campus of Indian Institute of Petroleum (IIP) in Dehradun paid off. 3 hundred and thirty kilos […]

Company has been investing into developing new materials, and into over 250 Intellectual Property filings. Carborundum Universal Limited (CUMI) a leading player inabrasives and electronic minerals business is expecting better margins and new products to improve its growth. Revamping of its operations is expected to help the company clock in Rs 32 billion revenue by […]

Orient Paper & Industries (OPIL) proposes to increase pulp production capacity from 62,000 tpa to 90,000 tpa. Expansion will be undertaken by upgrading existing pulp mill without any increase in the permitted paper production capacity of 1,00,000 tpa at Almai in Shahdol district of Madhya Pradesh. In April 2018, the Ministry of Environment, Forest and […]

Prama Hikvision India is planning to make an investment of around Rs. 500 crore in a manufacturing facility in Andhra Pradesh. Company, a joint venture between Prama India and Hangzhou Hikvision Digital Technology of China inked a memorandum of understanding (MoU) with the state government. Investment will be made towards a manufacturing facility for electronic […]

Andhra Pradesh Capital Region Development Authority (APCRDA) is implementing sewerage schemes for Kondamarajupalem, Lingayapalem, Uddandarayunipalem, Velagapudi and Mandadam villages at zone-7, Amaravati capital city in Andhra Pradesh. Construction arm of Larsen & Toubro (L&T) had bagged engineering, procurement and construction (EPC) order to execute the project. Work on the project commenced a few months back […]

Swedish giant Ikea has expressed a desire to tap Bengal as a global sourcing hub for natural fibre products apart from setting up 1-2 stores in state. Bengal finance and industries minister Amit Mitra said the company, which opened its first India store in Hyderabad on August 9, procures natural fibres worth Rs 2,000 crore […]

Indian Hume Pipe Company has secured order worth Rs.256.19 crore from the Tamil Nadu Water Supply and Drainage Board, Coimbatore. Scope of work includes providing combined water supply scheme to Alampalayam Town Panchayat, Padaveedu Town Panchayat including 669 rural habitations in Pallipalayam and Tiruchengode Unions in Namakkal district and Sankari town panchayat in Salem district […]

ELANTAS Beck India has been granted environmental clearance (EC) from the State Level Environment Impact Assessment Authority, Gujarat (SEIAA), for setting up a synthetic organic chemicals manufacturing plant at plot no 1 and 122, Gujarat Industrial Development Corporation (GIDC), Ankleshwar, Bharuch district. Proposed capacity addition is of 48,763 tonne from the existing capacity of 21,353 […]