News Result

Reliance to start gas production from R-Cluster in second half of FY21.

    | April 20, 2019

Reliance Industries has stated that it will start natural gas production from R-Cluster gas field in the flagging KG-D6 block in the Bay of Bengal from the second half of the 2020-21 fiscal. Reliance and its partner BP Plc of UK had in June 2017 announced an investment of Rs. 40,000 crore in the

Prestige Estates plans to expand retail presence to 15 malls

    | April 20, 2019

Prestige Estates Projects is planning to expand its retail presence to 15 operational malls, totalling 10 million sq ft, over the next three years. Currently, it has eight operational malls, totalling 4 million sq ft, mainly in the southern cities. With consolidation of its stake in malls across t

ArcelorMittal to submit bid for Essar’s 1,200 MW Mahan project by April 22

    | April 20, 2019

ArcelorMittal, which surpassed the one-time settlement offer of Essar promoters for 2×600 MW Mahan thermal power project in Madhya Pradesh, will submit its bid by April 22. The bid will then be opened for Essar to match the offer, bankers close to the development told FE. ArcelorMittal had of

Max Group completes Rs. 600 cr office building in Noida, eyes Rs. 70 cr rental a year.

    | April 20, 2019

Business conglomerate Max Group has completed its first commercial real estate project in Noida with an investment of Rs. 600 crore and will earn an annual rental income of around Rs .70 crore from this prime office building. The company has already leased 30 per cent area of this around 6 lakh s

Aramco will stay committed to Ratnagiri project.

    | April 20, 2019

Saudi Aramco will stay committed to the mega Ratnagiri refinery project despite its interest in Reliance Industries' refining and petrochemicals business where it is reportedly eyeing a 25 per cent stake. Aramco, along with its West Asia counterpart, Adnoc (Abu Dhabi National Oil Company), will j

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Pennar Industries to double hydraulic cylinders capacity.

    | April 20, 2019

Pennar Industries Limited has announced plans to scale up its hydraulic cylinders manufacturing capacity at its plant located near Chennai from 75,000 cylinders per annum to 2,00,000 cylinders per annum. The expansion is aimed at catering to both domestic as well as global demand for hydraulic cy

Co-working space provider Workafella to launch its largest centre in Chennai

    | April 19, 2019

Bootstrapped co-working space provider Workafella is launching a new work space, its largest so far, in the city's commercial centre, Teynampet later this month measuring 1.5 lakh square feet. The launch would take the total tally of the company's work stations in the city to 7000, founder and manag

JSW Steel to enhance capacity at Vijayanagar to 18 mtpa with Rs 18,000-crore investment

    | April 19, 2019

JSW Steel plans to ramp up the production capacity at its Vijayanagar plant in Karnataka to 18 million tonnes per annum from the current 12 mtpa with an investment of about ₹18,000 crore. It has an ongoing project to raise production at the plant from 12 mtpa to 13 mtpa, which will be compl

Coal India picks PDIL as successful bidder to set up methanol plant in West Bengal.

    | April 19, 2019

Projects and Development India Ltd. (PDIL) is believed to have emerged as the successful bidder to provide engineering services for the setting up of a coal-based methanol plant in West Bengal by Coal India Ltd (CIL). Even while two engineering consultancies - MN Dastur & Co and PDIL - were vying

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Cyient Signs MOU with Government of Telangana and Telangana State Aviation Academy.

    | April 19, 2019

Cyient, a global provider of engineering, manufacturing, geospatial, networks, digital, and operations management solutions to global industry leaders, recently signed a Tripartite MoU with the Govt of Telangana and Telangana State Aviation Academy (TSAA) to develop and conduct Remote Pilot (Drone P

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