23 Feb 2023 Jubilant Foodworks to invest Rs 900 crore in India Jubilant Foodworks will invest Rs 900 crore in India in next 12-18 months. The company plans to open 250 stores for Domino's across the country. The firm also announced its overall medium-term outlook to open 3,000 Domino's stores globally.
08 Feb 2023 Airtel to invest additional Rs 27-28,000 crore on 5G Telecom operator Bharti Airtel has plans to invest Rs 27,000-28,000 crore in telecom network with a focus on 5G rollout. While the company is planning to increase capital expenditure by 10-15 per cent, it has no plans to charge a premium rate for 5G services as it has not worked in several countries that tried to do so
23 Feb 2023 IIFCL approved Rs 6,630 crore loan for development of airports The India Infrastructure Finance Company (IIFCL) has approved a loan of Rs 6,630 crore for the development of six major airports. In addition, IIFCL has given preliminary approval of Rs 638 crore for the development of a greenfield airport in Andhra Pradesh.
23 Feb 2023 Hubballi airport to be upgraded to international airport Hubballi Airport will be upgraded as an International Airport soon with the extension of the current runway by an additional 600 metres to facilitate the landing of the bigger aircrafts and the construction of a new terminal building.
23 Feb 2023 Stanadyne to invest Rs 200 crore to establish second plant Stanadyne is exploring few locations in western and northern India to establish its second plant in the country at an investment of about Rs 200 crore. The company is planning to triple its sales revenue from the Indian operation to about Rs 1,100 crore by 2027
23 Feb 2023 Go First to get Rs 210 crore under government's credit line guarantee scheme Go First expects to receive Rs 210 crore under the government's credit line guarantee scheme next month as the budget airline seeks to boost its financial position and expand operations. The airline which received Rs 210 crore from the promoters last month, aims to have 53 operational aircraft in its fleet by the start of April this year.
23 Feb 2023 ARENQ ties up with Kerala Automobiles to supply motor batteries ARENQ recently announced its long-term partnership with KAL (Kerala Automobile) to supply motors, motor controllers, and batteries for all their vehicles. The companies will also jointly conduct R&D for new designs and product development
23 Feb 2023 Tata Power to build EV charging points across India in 5 years Tata Power has kicked off an ambitious nationwide plan of setting up around 25,000 electric vehicle (EV) charging points to support faster adoption of electric mobility over the next five years. The company said its charging initiatives are in line with the government's National Electric Mobility Mission Plan (NEMMP), which aims to develop EV charging infrastructure using the latest technological platform along with easy access to charging points.
23 Feb 2023 Stella Moto announces aggressive network expansion in India Stella Moto, by Jaidka Group, announced its plans to expand its retail footprint in India to capitalise on the electric scooter boom. The company will focus on scaling up operations within Tier-1 cities like Karnataka, Maharashtra, Telangana, Andhra Pradesh and Delhi while aggressively expanding their presence in micro Tier-2 and Tier-3 markets.