Mumbai-based startup VoltUp plans to deploy half a million high-speed electric two-wheelers in the next five years to accelerate the shift to e-mobility. In the first phase, VMumbai-based startup VoltUpltUp will put 30,000 electric two-wheelers on the road in the next one year

New Style announced the signing of a franchise agreement with Wyndham Hotels & Resorts for a new hotel development in Panipat, Haryana under the Ramada by Wyndham brand. The proposed hotel will be located in Sector 23, TDI Connaught Estate, Panipat.

2023 is going to be the year of change for StayWell Holdings as they gear up for a robust expansion. Their medium to long-term expansion strategy will include (but not be limited to) setting up 250 hotels over several key bespoke hospitality destinations in the Middle East, Asia Pacific and Europe.

The National Bank for Financing Infrastructure and Development the newest development finance institution (DFI) to start lending last month, expects to advance Rs 15,000 crore to infrastructure projects this quarter.

The Indian government and the Asian Development Bank (ADB) signed loan agreements totalling $1.22 billion for developing infrastructure in various Indian states. The agreements would cover projects for improving the power sector and highways in the north-eastern states.

The Union budget is likely to propose an industrial area development scheme focused on micro, small and medium enterprises with funds to not only expand and upgrade existing industrial areas with common infrastructure but also develop new industrial areas.

Multiplex chain PVR aims to operate 1,000 screens by the end of FY24 through an addition of 100 screens in the next 15 months. This will involve an investment of around Rs 300 crore. The company achieved the milestone of 900 screens with the opening of three new multiplexes in Jaipur, Bengaluru and Gurugram, adding 19 screens this month

Fresh or new investments of Rs 6,200 crore have been made by companies in the petroleum sector in Rajasthan. In all, investments of over Rs 22,838 crore are being made by four companies in a phased manner. Of this, work on over Rs 6,200 crore has started.

India will by May invite bids for subsidies for setting up green-hydrogen manufacturing and utilisation hubs, fertiliser and steel plants based on the fuel, and factories for making electrolysers. The bidding process is part of a first phase of a $2 billion incentive plan to boost use of green hydrogen to cut emissions and make India a major exporter in the field.