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Coal India to pump in Rs 91,000 crore on diversification
  09 Jun 2023

Coal India to pump in Rs 91,000 crore on diversification

Domestic coal major Coal India (CIL) will pump in Rs 91,000 crore in various projects, including diversification and mine development, by 2025-26. Rs 91,000 crore will be spent on diversification and other projects put together These will be pumped in till 2025-26.

Coal India readies 52 projects to reach 1 BT target by FY26
  09 Jun 2023

Coal India readies 52 projects to reach 1 BT target by FY26

State-run Coal India (CIL) has drawn up 52 coal mining projects, including 13 new coal blocks, to reach the one billion tonne coal production target by financial year 2025-26, a company official said.

Coal India readies 52 projects to reach 1 BT target
  09 Jun 2023

Coal India readies 52 projects to reach 1 BT target

To attain the one billion tonne coal production target by the fiscal year 2025–26, state-run Coal India (CIL) has developed 52 coal mining projects, including 13 new coal blocks. We are attempting to increase underground coal mining to obtain better grades of coal that will lessen India's reliance on imported coal, a company official said.

Okinawa to raise $100 million for third manufacturing plant
  09 Jun 2023

Okinawa to raise $100 million for third manufacturing plant

Electric two-wheeler maker Okinawa Autotech is in advanced talks to raise $100 million (about Rs 800 crore) from private equity firms and a deal is likely to be signed shortly. The funds will be deployed to commission its third manufacturing facility.

VIDA plans to expand to 100 cities by 2023-end
  09 Jun 2023

VIDA plans to expand to 100 cities by 2023-end

VIDA is all set to expand its operations in the country. VIDA plans to increase its presence to 100 cities within 2023. It will use Hero MotoCorp’s expansive dealer network to rapidly scale up its operations across the country.

Foxconn to invest Rs 4,110 crore for new Hyderabad plant
  09 Jun 2023

Foxconn to invest Rs 4,110 crore for new Hyderabad plant

Foxconn Interconnect Technology will spend Rs 4,110 crore building a new electronics manufacturing facility in Hyderabad.. Telangana IT secretary JayeshRanjan said that the facility spread over 186.7 acres, will manufacture AirPods and electrical equipment.

Vedanta-Foxconn JV to get govt approval for chip-making plant
  09 Jun 2023

Vedanta-Foxconn JV to get govt approval for chip-making plant

The centre is ready to approve the plans of the Vedanta-Foxconn joint venture to make semiconductor chips. With this plan, the government plans to establish India as a global hub for semiconductor manufacturing.

Tamil Nadu to build 20 footwear factories in 3 years
  09 Jun 2023

Tamil Nadu to build 20 footwear factories in 3 years

The Tamil Nadu government is betting huge on the non-leather footwear sector with a target of setting up massive manufacturing units in 20 locations, especially in rural areas, over a period of three years. Of the 20 locations, factories in three are already functional and things are moving fast in another three.

AstraZeneca to open 5 asthma clinics in India
  09 Jun 2023

AstraZeneca to open 5 asthma clinics in India

AstraZeneca said it will launch five Centers of Excellence across New Delhi, Ahmedabad, Goa, and Kochi to provide standardised treatment to patients with severe asthma. The centers will serve as a hub for the treatment and management of severe asthma patients, and support evolving severe asthma centres.

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