NEWS
MMRCL Denies Metro 11 Construction Start; DPR Finalisation Pending
The Mumbai Metro Rail Corporation (MMRCL) has denied media reports suggesting that work has begun on the 16-km Metro 11 (Green Line) project. MMRCL cl...
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DICV inaugurates state-of-the-art Mechatronics Lab with transformed efficiency
Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler Truck AG, announced the inauguration of a new state-of-the-art Mechatro...
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Macrotech's Net Debt Rises by 43.5%
Macrotech Developers has reported a 43.5% rise in net debt for the first quarter, reaching ?4,300 crore. The increase is attributed to higher capital ...
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Major Rail Boost for Chhattisgarh
The Railway Ministry has greenlit an investment of ?16.75 crore to enhance rail infrastructure in Chhattisgarh, focusing on the Gadchiroli-Bijapur and...
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Foxconn Plans Battery Storage Unit in India
Foxconn, a major player in electronics manufacturing, is planning to set up a battery energy storage system (BESS) unit in India. This initiative is a...
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UBS to liquidate $2 billion real estate fund post market downturn
UBS has announced plans to liquidate a $2 billion real estate fund it inherited through its acquisition of Credit Suisse. The Swiss bank's decision co...
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Ballard Power Q2 24 revenue rises 4% on strong fuel cell product sales
Ballard Power Systems reported a 4% year-over-year (YoY) increase in revenue for the second quarter (Q2) of 2024, reaching $16 million. This growth wa...
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Punjab CM Mann slams Centre for citing unrest issues in NHAI projects
Punjab Chief Minister Bhagwant Mann criticised the Central government for attributing delays in National Highways Authority of India (NHAI) projects i...
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Kalpataru files draft IPO papers with SEBI to raise Rs 15.9 billion
Mumbai-based real estate firm Kalpataru Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) t...
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Vanguard Group acquires Nexus Select Trust for Rs 1.58 billion
Vanguard Group, a leading investment management firm, purchased more than 11.4 million units of Nexus Select Trust, India?s first retail-focused real ...
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