Jan 20, 2023 JK Lakshmi ties-up with GreenLine Logistics for LNG fleet JK Lakshmi Cement has tied up with GreenLine, a pioneer in green and smart logistics in India, for the introduction of LNG-fuelled heavy trucks for transporting cement. "With this association, GreenLine will enable JK Lakshmi Cement to decarbonise its road logistics operations in a phased manner over the next few years.”
Jan 20, 2023 Indira IVF to invest Rs 60 crore for diagnostics foray over next 5 years Fertility treatments chain Indira IVF announced a foray into the diagnostics sector with a Rs 60 crore investment over the next five years. It plans to have over 30 laboratories by FY24, which will include centres in Lucknow, Patna, New Delhi, Mumbai, Pune, Udaipur, Jaipur, Varanasi, Kolkata, Ranchi, Bhubaneswar and Bengaluru.
Jan 20, 2023 MMRCL to launch first phase of Metro-3 corridor in 2023 The Mumbai Metro Rail Corporation (MMRCL) will roll out the first phase of Aarey-Bandra Kurla Complex (BKC) line of the Colaba-Bandra-SEEPZ Metro-3 corridor in 2023. The MMRCL said it received all eight coaches of the metro train, manufactured in the Alstom Plant in Sri City of Andhra Pradesh.
Jan 20, 2023 ONGC to award contracts to hire six oil rigs State-owned Oil and Natural Gas Corporation (ONGC) is set to hire six oil drilling rigs, including one from Greatship (India), for day rates ranging between $78,000-$80,000 after wrapping up price negotiations following a global tender. Greatship (India) is the offshore unit of the Great Eastern Shipping Co, India’s biggest private ocean carrier
Jan 20, 2023 IIFCL approved Rs 8,244 crore loans to develop 20 ports State-owned IIFCL has sanctioned Rs 8,244 crore loans to about 20 projects to help add 836 million tonnes per annum (MTPA) of ports capacity, which is one-fourth of India's total cargo volumes.
Jan 20, 2023 Railways to start GPS tagging of 300,000 Wagons The Indian Railways is set to initiate Global Positioning System (GPS) tracking of each of its nearly 300,000 wagons under a plan to prevent pilferages on the national transporter. As part of the Wagon GPS (WGPS) Project, the Centre for Railway Information Systems (CRIS) has invited expressions of interest for participating in knowledge gathering.
Jan 20, 2023 Railways plans to modernise 1,000 small stations The railways is planning to modernise 1,000 small yet important stations under the new "Amrit Bharat Station Scheme". This is apart from the ambitious plan to revamp 200 big stations under a separate redevelopment programme. The small stations would be identified not just for their footfalls but also based on the cities they cater to.
Jan 20, 2023 Railways re-developing 36 stations in Odisha Odisha is one of the priority states for Indian Railways which has taken up the upgradation and modernisation of its 36 railway stations in one go, Union Minister for Railways, Communication and IT Ashwini Vaishnaw said. Railway allocation for the state has been enhanced by almost 10 times - from around Rs 800 crore in 2014 to Rs 10,000 crore now.
Jan 20, 2023 Max Estates to build residential and commercial space Max Ventures & Industries (MaxVIL) will develop one million sq ft of commercial space and another million residential space in 2023 as it looks to scale up its real estate portfolio. In the last six months the company completed three land transactions, acquiring around 22 acre for Rs 850 crore.