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Oilmax Energy to spend ₹600 crore in developing its Assam fields.

Oilmax Energy Pvt Ltd. will spend ₹600 crore ($75 million) over the next two-and-a-half years in developing the three oil and gas fields it owns in Assam, the company’s founder and Chairman... Full Story

BPCL commences pilot project for 7% ethanol blended diesel.

State-run Bharat Petroleum Corporation (BPCL) and truck manufacturer Ashok Leyland have initiated a pilot programme to test the effectiveness of ED7 (Diesel blended with... Full Story

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Bajaj Finserv commits Rs. 5,000 crore investment in Maharashtra.

Bajaj Finserv Ltd., one of India's leading and most diversified financial services groups, recently signed a Memorandum of Understanding (MoU) with... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

TCM Ltd. receives work order from ANERT
TCM Ltd. has received the work order, DT. 06/06/2023 from Agency for New and Renewable Energy Research and Technology (ANERT), Department of Power, Government of... Full Story
API manufacturing facility in Bangalore receives GMP certificate: Biocon.
Biocon Ltd., recently said that its active pharmaceutical ingredient (API) manufacturing facility in Bangalore received a certificate of GMP Compliance from competent authority of Germany. Shares of... Full Story
K&R Rail Engineering Ltd. signs MOU with Bhalaji Toll Road Private Limited.
K&R Rail Engineering Limited (BSE Scrip Code:514360) has signed the Memorandum of Understanding (MOU) on 06th June, 2023 with Bhalaji Toll Road Private Limited with... Full Story
KPI Green Energy Ltd. receives Commissioning Certificates from GEDA for 26.10 MW hybrid power project.
KPI Green Energy Limited (Formerly known on K.P.I. Global Infrastructure Limited) have received Commissioning Certificates from Gujarat Energy Development Agency ('GEDA') for the 26.10MW wind-solar... Full Story
Allcargo Logistics’ two demerged units to invest over ₹1,000 crore on expansion.
Allcargo Logistics’ group is planning over ₹1,000 crore of investments by its recently demerged subsidiaries Allcargo Terminals and TransIndia Real Estate, both of which will also... Full Story
Endurance Tech charts ₹800-cr capex in India and Europe on EV order surge.
Endurance Technologies Ltd. intends to spend a capex of ₹350-400 crore in India and €40-45 million in Europe in FY24 as the auto parts manufacturer looks to ramp... Full Story
Germany may ink Rs. 45,000-crore deal to build submarines for India.
Boris Pistorius, Germany’s visiting defence minister, will be present in Mumbai when German shipbuilder ThyssenKrupp Marine Systems (TKMS) signs an agreement with India’s biggest warship yard,... Full Story
NMDC in line to set up two slurry pipelines in Bastar district.
The National Mineral Development Corporation (NMDC) is in line to set up two slurry pipelines from Nagarnar in Bastar district, where the company’s demerged entity... Full Story