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Blackstone acquires Embassy Industrial parks for Rs. 5,200 crore.

Blackstone recently said it has acquired Embassy Industrial Parks, a joint venture of Warburg Pincus and Embassy, which controls 22 million sq ft (MSF) of largely Grade-A warehousing space across... Full Story

ArcelorMittal Nippon Steel India initiates feasibility study for 12-MTPA steel project in Odisha.

ArcelorMittal Nippon Steel India along with the Odisha government has initiated a feasibility study for its proposed 12 million tonne per annum (MTPA)... Full Story

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Sunteck Realty to start development of 2-3 million sq ft in this fiscal.

Sunteck Realty is planning to start development of 2-3 million sq ft of real estate projects in this financial year,... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

JSW Steel Ltd's Crude Steel Production at 13.71 lakh tonnes in April 2021.
The Crude Steel production for the month of April, 2021 was at 13.71 lakh tonnes. The average capacity utilisation was 91% during the month of... Full Story
Modison Metals Limited acquires land at Vapi, Gujarat for expansion.
As a part of future modernisation & expansion plans, Modison Metals Limited has bought land, valued at Rs. 5.40 crore, near Company's factory premises at... Full Story
Nava Bharat Ventures Limited synchronizes 60MW IPP in Odisha with grid.
Nava Bharat Ventures Limited has synchronized the 60MW IPP in Odisha with the Grid and has commenced power flows for merchant trade henceforth. EQUITYBULLS ... Full Story
Centre releases Rs. 8923.8 crore to panchayats in 25 states.
The Department of Expenditure has released an amount of Rs. 8,923.8 crore in advance to 25 states for providing grants to the Rural Local Bodies... Full Story
Competition Comm approves Imola-Ingram Micro deal.
Competition Commission of India (CCI) recently said it has cleared the Imola Acquisition Corp''s proposed purchase of IT company Ingram Micro. Under the deal, Platinum Equity Group... Full Story
Maruti Suzuki boosting manufacturing of Oxygen PSA generator plants.
Maruti Suzuki India Ltd. (MSIL) realised the critical importance of rapidly installing Oxygen PSA plants, both to produce life-saving oxygen as well as reduce the... Full Story
IBM to start office in Kochi soon.
Software technology giant International Business Machines Corp (IBM) will be opening a large office in Kochi soon and by the time its new facility is fully functional,... Full Story
DRDO to set up oxygen plant in Anantapur.
The Defence Research and Development Organisation (DRDO) is planning to set up an oxygen generation plant on the Government General Hospital premises in Anantapur soon. Anantapur... Full Story