15 Aug 2022 Mahindra & Mahindra to invest in EV battery cell maker Mahindra & Mahindra could consider investing in a battery-cell company to meet future electrification needs. The company raised funds for its new electric vehicle (EV) unit at a $ 9.1 billion valuation.
15 Aug 2022 IGSS Ventures to build hi-tech semiconductor park in Tamil Nadu A new semiconductor high-technology park at an investment of Rs 25,600 crore spread over the next five years, would be set up in Tamil Nadu by Singapore-based group IGSS Ventures.
15 Aug 2022 UAE to invest $ 2 billion to develop integrated food parks The United Arab Emirates will invest $ 2 bn to develop a series of integrated food parks across India under the framework of the four-nation grouping ‘I2U2’.
15 Aug 2022 Fortis Healthcare aims to add 1,500 beds in 5 years Fortis Healthcare aims to add around 1,500 beds over the next five years to enhance its presence in existing locations.
15 Aug 2022 Mahindra Holidays plans to add at least 1,000 rooms in next 2-3 years Mahindra Holidays & Resorts India (MHRIL) plans to add at least 1,000 rooms in the next two to three years.
15 Aug 2022 UAE investors sign MoUs worth $ 2.76 billion for projects in Odisha UAE investors have signed memoranda of understanding (MoUs) worth $ 2.76 billion with the government of India’s Odisha state.
15 Aug 2022 Godrej Appliances to invest Rs 200 crore in capacity expansion Godrej Appliances is targeting a turnover of Rs 5,500 crore in 2022-23 and around 35 per cent of the sales will be contributed from its premium range of products.
15 Aug 2022 NDR Warehousing to invest over Rs 2,000 crore to expand assets portfolio Logistics infrastructure major NDR Warehousing is planning to invest more than Rs 2,000 crore to develop its portfolio of warehousing and industrial parks over 20 million sq ft in the next 24 months.
15 Aug 2022 UP to have Metro rail transport in 5 more cities soon The Uttar Pradesh government has focused on expanding the metro rail services in the state to Gorakhpur, Kashi, Meerut, Jhansi, and Prayagraj. Agra Metro coming soon for tourists to boost urban public transport connectivity in Agra.