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NMDC Steel Limited Reaches Historic Milestone of 1 Million Ton HRC Production

NMDC Steel Limited Reaches Historic Milestone of 1 Million Ton HRC Production

22 August 2024

NMDC Steel Limited (NSL), a leading player in the Indian steel industry, has achieved a significant milestone by producing 1 Million Tons (MnT) of Hot-Rolled Coil (HRC) just four days after celebrating its first anniversary of HR Coil production. This remarkable feat underscores NSL’s position as one of the fastest and most efficient steel plants …

Awfis Expands Footprint in Bengaluru with Two New Centers

Awfis Expands Footprint in Bengaluru with Two New Centers

22 August 2024

Awfis, India’s premier provider of flexible workspaces, has announced the strategic expansion of its network with the launch of two new centres in Bengaluru: Mantri Commerce and Vista Pixel. These state-of-the-art facilities, totalling 66,846 square feet of built-up area, offer premium workspace solutions in prime locations, catering to the evolving needs of modern professionals. Strategically …

Gensol Secures ₹40 Crore LOA for 16 MWp Rooftop Solar Project

Gensol Secures ₹40 Crore LOA for 16 MWp Rooftop Solar Project

22 August 2024

On August 21, 2024, Gensol Engineering Limited announced that it had received a Letter of Award (LOA) for a 16 MWp turnkey EPC rooftop solar project valued at ₹40 crore from a major textile company. This repeat order will be executed in Madhya Pradesh, with Gensol set to complete the project within six months. The …

L&T Technology Services Signs Deal with Thales for Sentinel Software Platform

L&T Technology Services Signs Deal with Thales for Sentinel Software Platform

22 August 2024

L&T Technology Services Limited informed the stock exchanges that the company has entered a new contract with Thales, a leading global technology and security provider. The company stated that this collaboration will bring Thales’s software monetisation platform, Thales Sentinel, to LTTS’ customer base, especially in the High-tech, Sustainability and Mobility segments. With over 20 years …

HFCL Launches Advanced IBR Cables and Nano Thin Microcable at ISE EXPO 2024

HFCL Launches Advanced IBR Cables and Nano Thin Microcable at ISE EXPO 2024

22 August 2024

On August 21, 2024, HFCL Limited (HFCL) launched a range of new high-performance cable solutions at the ISE EXPO 2024 in Dallas, Texas. The company showcased its latest innovations, including a new line of high-density single-jacket single-armour Intermittently Bonded Ribbon (IBR) cables, featuring 144-1728 fibres. This advancement earned HFCL the ISE Innovators Award. Additionally, HFCL …

Barbeque-Nation Expands with New Subsidiary in Sri Lanka

Barbeque-Nation Expands with New Subsidiary in Sri Lanka

22 August 2024

On August 21, 2024, Barbeque-Nation Hospitality Limited announced the incorporation of a new subsidiary, Barbeque Nation Lanka (Pvt) Ltd, based in Colombo, Sri Lanka. This new company is a wholly-owned subsidiary of Barbeque Nation MENA Holding Limited, which is itself a wholly-owned subsidiary of Barbeque-Nation Hospitality Limited, situated in Dubai, United Arab Emirates. As a …

Amber Enterprises’ Subsidiary Establishes JV for Advanced Rail Component Manufacturing

Amber Enterprises’ Subsidiary Establishes JV for Advanced Rail Component Manufacturing

22 August 2024

Amber Enterprises India Limited announced the incorporation of a new Joint Venture Company (JVC) on August 20, 2024, named Yujin Machinery India Private Limited. This JVC has been established in partnership with AT Railway Sub Systems Private Limited, a wholly-owned subsidiary of Sidwal Refrigeration Industries Private Limited (Sidwal), which in turn is a wholly-owned material …

Hindustan Zinc Teams Up with JNCASR for Zinc Battery Development

Hindustan Zinc Teams Up with JNCASR for Zinc Battery Development

22 August 2024

Hindustan Zinc Limited announced that it has signed a Memorandum of Understanding (MoU) with the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), a premier institute supported by the Department of Science and Technology, Government of India. This partnership aims to develop new zinc material variants to drive the commercialisation of zinc-based batteries. The company …

Max India’s Antara AGEasy Celebrates Milestone with Discounts and New Products

Max India’s Antara AGEasy Celebrates Milestone with Discounts and New Products

22 August 2024

Max India Limited has announced that its wholly-owned subsidiary, Antara Assisted Care Services Limited, is celebrating the first anniversary of its pioneering brand, Antara AGEasy, on August 21, 2024, coinciding with World Senior Citizens Day. The company stated that launched in 2023, AGEasy has quickly become a trusted name in providing curated and innovative products …

Paytm Sells Entertainment Ticketing Business to Zomato for ₹2,048 Crore

Paytm Sells Entertainment Ticketing Business to Zomato for ₹2,048 Crore

22 August 2024

One 97 Communications Limited (OCL), the company behind Paytm, India’s leading payments and financial services platform, has announced the sale of its entertainment ticketing business to Zomato Limited. This business includes movie, sports, and live event ticketing and has been sold for ₹2,048 crore on a cash-free, debt-free basis. The deal highlights the significant value …

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