BEML Limited has signed a Memorandum of Understanding (MoU) with the Deendayal Port Authority (DPA), Delhi Metro Rail Corporation (DMRC), and Umeandus Technologies India Pvt. Ltd. (UTIPL) for the development of a Real-Time Automatic Cargo Evacuation System, also referred to as the Enhanced Freight Transport System (e-FTS). Project…
Dhunseri Ventures Limited has approved an expansion project to enhance its BOPET (Biaxially Oriented Polyethylene Terephthalate) production capacity at its Panagarh facility in West Bengal. The project, to be executed by its wholly-owned subsidiary Dhunseri Poly Films Private Limited, involves an investment of up to ₹190 crore. Project…
The Indian Army has signed a contract to procure its first set of indigenously developed Software Defined Radios (SDRs), marking a major milestone in India’s defence indigenisation efforts. The SDR systems were designed by the Defence Research and Development Organisation (DRDO) and will be manufactured by Bharat Electronics…
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…