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Arvind unveils India’s largest rooftop solar project at 16.2 MW

Arvind Limited has announced its plans to reduce carbon emissions by 30% with the installation of rooftop solar projects across its Ahmedabad, Santej and Bangalore facilities and by shifting from coal to renewable biomass for boilers. As company ramps up further through the three-phase installation, it plans to target 40 MW captive solar capacity over time. Arvind Limited has currently installed 16.2 MW roo ...

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Embassy Group receives Rs 725 crore from KKR for Bengaluru project

Global investment firm KKR’s real estate-focused non-bank finance company, KKR India Asset Finance Limited (KIAFL), announced that it has extended Rs 725 crore to Embassy Group in order to finance a premium office development in Bengaluru. Embassy Group, promoted by Jitu Virwani in the year 1993, is one of the leading real estate developers in India with a strong presence in the commercial office space sect ...

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Essar Oil UK Group acquires BP strategic assets to drive further growth

The Essar Oil UK Group of companies (Essar) unveiled the latest phase of its strategic business development after announcing the acquisition of a number of assets from BP to further strengthen the company’s logistics infrastructure network which will fuel growth ambitions in the UK. This latest expansion of its UK interests means Essar has now invested nearly US $1 billion in building a profitable and susta ...

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CASE Construction Equipment strengthens its distribution network in Bihar

CASE Construction, a brand of CNH Industrial, strengthened its distribution network in Bihar with the opening of a new dealership facility – ‘Patliputra Earthmover Pvt. Ltd.’ near Didarganj in Patna. Spread across 10,000 sq. ft., this facility is the largest CASE India footprint in the state of Bihar. Patliputra Earthmover will serve customers across North Bihar with additional branches at Motihari, Darbhan ...

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Dynapac inaugurates its new manufacturing facility in Pune

Dynapac India inaugurated its new state-of-the-art manufacturing facility in Pune for its road construction equipment, by the Fayat Group President and CEO, Jean-Claude Fayat. Dynapac started manufacturing soil compactors in India in 2008, and has since expanded the range to a full line of soil compactors and asphalt rollers to support the Indian and export markets. With 10 years of experience in manufactur ...

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BHEL forays into track electrification

Bharat Heavy Electricals Limited’s (BHEL) strategy of diversifying into new areas by leveraging its competencies, has begun paying rich dividends. After entering several new areas in various infrastructure sectors, the company has now made a foray into the area of track electrification. Against stiff international competitive bidding, BHEL has won an order for Electrification of 440 track kms railway Line o ...

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Godrej launches ‘Design Dekko’ – a networking platform for architects and design community

Godrej Group has launched a unique brand agnostic platform, ‘Design Dekko’ for architects, interior designers, and allied (AID) community. Over 350 professionals and students from design schools joined biggest names from the Indian architecture and design space for the launch which was held on 2nd of February 2019 at Godrej One, Vikhroli (Mumbai). The platform has been initiated with the objective of buildi ...

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SCHWING Stetter India signs MoU with the Tamil Nadu Government during Global Investors Meet 2019

Schwing Stetter India, one of India’s leading concrete equipment manufacturers signed a Memorandum of Understanding with the Tamil Nadu Government during the Global Investors Meet 2019 held in Chennai in January. As per the MoU, Schwing Stetter India has committed an immediate investment of Rs 237 crore in a new plant in Cheyyar on SIPCOT land and will be scaling it up to Rs 350 crores over a period of four ...

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In short

State-owned Hindustan Copper (HCL) has chalked out a strategy, which includes reopening of closed mines, to augment production capacity to up to 20 million tonne per annum (MTPA) by 2024. The company’s current capacity of copper ore is 3.8MTPA. ”My target is to go to 20 MT by 2024. This ramp-up will be done by particular strategy which includes expansion of existing mines like Malanjkhand.Number two strateg ...

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Rs 75,000 cr invested for infrastructure development in Mumbai: Goyal

Union minister Piyush Goyal claimed that the Prime Minister Narendra Modi-led government at the Centre has invested Rs 75,000 crore for infrastructure development in Mumbai so far. The Railway Minister was speaking to reporters at the Chhatrapati Shivaji Maharaj Terminus (CSMT) here after flagging off the first Rajdhani Express of the Central Railway (CR) between CSMT Mumbai and Hazrat Nizamuddin, Delhi. “R ...

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