Jun 20, 2023 Osmania University to get facelift with Rs 500 crore The Osmanaia University to get face lifted very soon in order to construct a new reading complex, one each for both men and women, six hostel buildings to setting up a new 4 MW solar power plant. With an outlay of Rs 500 crore, the university administration is coming up with student learning facilities.
Apr 05, 2023 Hyundai inks pact to acquire GM India's Talegaon manufacturing facility Hyundai Motor India has inked a term sheet to potentially acquire land, buildings and certain manufacturing equipment at General Motors India's Talegaon-based manufacturing plant.
Mar 20, 2023 Government to approve up to 2 chip manufacturing units this year The government expects to approve up to two applications this year to start building electronic chip manufacturing plants in the country. The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investments of Rs 1.53 lakh crore a year ago
Mar 05, 2023 Essar to invest in energy, steel, mining sectors Armed with substantially lighter balance sheet after repaying Rs 2 lakh crore debt, Essar is embarking on the next phase of growth by investing in hydrogen projects, building LNG import facility and retail chain, and setting up steel plants.
Feb 20, 2023 Hubballi airport to be upgraded to international airport Hubballi Airport will be upgraded as an International Airport soon with the extension of the current runway by an additional 600 metres to facilitate the landing of the bigger aircrafts and the construction of a new terminal building.
Feb 20, 2023 Centre okays 15 research projects worth Rs 32 crore in speciality The ministry of textiles has cleared 15 research and development projects worth Rs 32.25 crore across key strategic areas such as speciality fibres, protective textiles, high-performance textiles, geotextiles, medical textiles, sustainable textiles, and textiles for building materials.
Jan 05, 2023 Blox received fund for expansion Technology-based real estate buying platform Blox has raised nearly Rs 100 crore, in a series A funding round - the largest in the proptech sector in India. The company is planning to utilise the funds raised for market expansion, boosting the product portfolio, and building data infrastructure across customers, brokers, and developer segments.
Jan 05, 2023 Government to build transmission of 500 GW green energy by 2030 The government launched a plan for building a transmission system for evacuating 500 gigawatts (GW) of non-fossil based energy by 2030. The plan provides transmission service providers with investment opportunities of about Rs 2.44 lakh crore.
Jan 05, 2023 Maharashtra plan to connect almost every district in next 5 years The Maharashtra government is working on an ambitious plan of building a highway network of nearly 3,000 km with the hope of connecting a majority of the 36 districts in the state. The Maharashtra State Road Development Corporation is hoping to complete this road network in the next five years and estimates a total investment of Rs 3 lakh crore.