Welspun Expands its Plastic Products Business through 1,251 Cr. Strategic Acquisition of Sintex-BAPL
Welspun Corp. Ltd. (WCL) stated in a stock filing dated 29th March 2023 that it has acquired Sintex-BAPL Ltd. (SBAPL)
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Spotlight
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Centre’s PLI Scheme Allots 39.6 GW PV Manufacturing Capacity to 11 Firms
Indian Union Government has allotted 39,600 MW Photo Voltaic (PV) manufacturing capacity to 11 companies under tranche-II of Production Linked
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ABB India Automates First Oil Pipeline Between India & Bangladesh
ABB India Ltd., the Indian subsidiary of Switzerland-based ABB Schweiz AG, stated in its press release dated 28th March 2023
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L&T Secures Orders Worth Rs. 2,500 – 5000 Cr. in Power T&D Sector
Larsen & Toubro (L&T) has secured multiple EPC orders in power Transmission & Distribution sector in India and abroad worth
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Crompton Greaves – Butterfly Merger Announced
Fast Moving Electrical Goods (FMEG) manufacturer, Crompton Greaves Consumer Electricals Ltd. has announced its merger with Chennai-headquartered kitchen appliances manufacturer,
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IOCL Approves 61,077 Cr. Investment to Set Up Paradip Petrochem Complex
Indian Oil Corporation of India Ltd. (IOCL or IndianOil), will be investing Rs. 61,077 crore to set up a petrochemical
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GoI Signs MoUs with 27 Steel Makers under 6,322 Cr. Specialty Steel PLI Scheme
Government of India (GoI) signed 57 Memoranda of Understanding (MoUs) with 27 Steel companies under the Production-Linked Incentive (PLI) scheme
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LAPP India Inaugurates Coimbatore Plant for Harnessing Solutions
LAPP India, the Indian subsidiary of Germany-based Lapp Gruppe, has opened its manufacturing facility in Coimbatore, Tamil Nadu. This new
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PGCIL Wins 1,644 Cr. ISTS Project in Rajasthan
Power Grid Corporation of India (PGCIL or POWERGRID) has received the Letter of Intent (LoI) on 7th March 2023 for
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Finolex Cables’ Q3 PAT Grows 2.7 Times QoQ to Rs. 154.31 Cr.
Finolex Cables Limited [NSE: FINCABLES, BOM: 500144], an Indian manufacturer of electrical cables, communication cables and copper rods, has announced
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