ABB India Ltd. has expanded its manufacturing capabilities by adding a new production line for variable speed drives (VSDs) at its Peenya factory in Bengaluru, according to recent exchange filings. The company stated that the addition will increase local production capacity by around 25%. Expansion Details The Peenya…
Solarworld Energy has announced the signing of a binding term sheet for a 200 MWac / 272 MWp Ground Mount Solar Power Project, valued at approximately ₹802.84 crore (excluding taxes). The order was awarded by a leading domestic renewable energy company, and the project is scheduled for completion…
The Indian government is considering allowing sugar exports to manage an emerging domestic surplus caused by a decline in ethanol production, according to recent reports. The potential policy adjustment aims to balance domestic supply levels while offering relief to sugar producers facing excess inventory. Background A reduction in…
SEAMEC Limited has signed a Memorandum of Understanding (MoU) with the Directorate General of Shipping (DGS) during India Maritime Week 2025, outlining plans to invest around ₹1,000 crore in its maritime business. The agreement was signed on October 28, 2025, and announced through filings to the Bombay Stock…
NVIDIA Corp. and Nokia Corporation have announced a strategic partnership under which NVIDIA will invest $1 billion in Nokia, acquiring a 2.9% stake in the Finnish telecom equipment maker. The investment, priced at $6.01 per share, represents a significant step toward deepening collaboration in AI-driven radio access networks…
The Telecom Regulatory Authority of India (TRAI) has approved the Department of Telecommunications’ (DoT) proposal to introduce the Calling Name Presentation (CNAP) feature — a system that will automatically display the caller’s registered name on the recipient’s phone screen. The move is part of a broader effort to…
Bharat Petroleum Corporation Ltd (BPCL) has announced a major shift in its refining operations with plans to discontinue fuel oil production following the commissioning of its new 2 Million Tonnes Per Annum (MTPA) Propylene Recovery Fluid Catalytic Cracking Complex (PRFCC) unit. The move marks a strategic pivot towards…
Larsen & Toubro (L&T), one of India’s largest engineering and infrastructure conglomerates, has secured a large contract valued between ₹25 billion and ₹50 billion, further strengthening its project pipeline across key business segments. The company is also reportedly exploring entry into the electronics manufacturing sector, signalling a potential…
Arvind SmartSpaces Ltd (ASL) has announced its entry into the Vadodara residential market with a ₹700 crore horizontal development project located on Ajwa Road. This marks the company’s 23rd project in Gujarat, reinforcing its strategic focus on expanding into high-potential urban markets. Project Overview Project Type: Horizontal Residential…
Purvah Green Power Pvt Ltd, a wholly owned subsidiary of CESC Ltd, has received a Letter of Award (LoA) from the Solar Energy Corporation of India (SECI) to develop a 300 MW solar power project integrated with an energy storage system. The LoA, dated October 27, 2025, has…