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.
Jun 20, 2023 German, Indian to build submarine in India Germany and India are closing in on a $5.2 billion deal to build diesel submarines in India. German Chancellor Olaf Scholz asked German and European defence majors to supply New Delhi with modern military gear making a way for India to gradually remove its dependence on Russia in the defence sector
Jun 20, 2023 Automakers to pump Rs 80,000 crore in building EV capacity Automakers in India will be pumping in close to $10 billion to build infrastructure for manufacturing electric vehicles by the end of this decade. The move comes amid the electrification trend sweeping the automotive industry globally.
Jun 05, 2023 Energy PSUs to build green hydrogen capacity India's state-run oil and gas companies are targeting to build a combined green hydrogen generation capacity of 38,000 tonnes per annum by the next financial year. The planned green hydrogen facilities would require setting up a combined electrolyzer capacity of 279 MW by 2024-25.
Jun 05, 2023 Prestige Group set to rebuild malls business Bengaluru-based Prestige Group plans to again rebuild its mall portfolio with eight new ones in the next four years. Prestige group plans to expand its current retail portfolio from 2 million sq ft across four malls to 9 million sq ft across 12 malls in four years.
May 05, 2023 NexGen to establish 100 EV charging stations through franchise model NexGen Energia is expanding its operations across India with plans to establish 100 EV charging stations nationwide through a franchise model. The company aims to introduce a unique business model and build business ecosystems by offering an ideal and profitable business opportunity with low risk.
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.