Vikas Lifecare Limited said that it has acquired a stake of 22.04% in Advik Laboratories, a pharma manufacturing company based in New Delhi. The stake was acquired by the company through open/off-market deal(s) from public shareholders of Advik Laboratories, which has a pharmaceutical manufacturing facility in Sohna, Haryana that serves both domestic and export markets. […]
RattanIndia’s subsidiary – Revolt Motors has started deliveries of its latest batch of its artificial intelligence (AI) enabled Revolt electric motorcycles to customers in various parts of India. The Revolt electric motorcycles are been manufactured at a greenfield manufacturing factory in Manesar, Gurugram. Revolt Motors had recently opened bookings for its RV 400 electric motorcycle. […]
Sharika Enterprises Limited said that it has been issued six letters of intent (LOIs) from Indian Oil Corporation Limited (IOCL) for setting up compressed biogas plants under the SATAT scheme. The compressed biogas plants are to be installed in Uttar Pradesh, Haryana, and Punjab, said Sharika Enterprises Limited, a Noida-based engineering procurement services provider. The […]
Infrastructure Leasing & Financial Services Limited (IL&FS), an Indian infrastructure development and finance company, said that it has received an interim termination payment of INR 1,925 crore from Haryana Shehari Vikas Pradhikaran (HSVP) in connection with the Gurgaon Metro Project case. According to the company, the payment is in compliance with the Supreme Court’s order […]
Ashiana Housing Ltd said that it has executed a registered sale deed to acquire 22.1 acres of land in the revenue estate of village Wazirpur in Sector- 93, Gurgaon Manesar Urban Complex, Gurgaon, Haryana. The Indian real estate development company, which is based in New Delhi, said that it plans to build a group housing […]
Hero MotoCorp said that it is working with the District Administration of Gurugram in Haryana to establish a temporary 100-bed covid care centre in the Indian city. The corona care centre will be set up at the Government Girls College in Sector 14, Gurugram – under the company’s Corporate Social Responsibility (CSR) platform “Hero We […]
Hero MotoCorp said that it will commence single shift production at its Gurugram and Dharuhera plants in Haryana and at the Haridwar plant from 17 May as part of its plans to gradually resume operations. Apart from producing for the domestic market, the manufacturing plants will also have an improved focus on serving the global […]
Rico Auto Industries said that it is establishing a covid care center in Dharuhera, Haryana at its manufacturing plant. The Indian auto parts company will initially begin with 25 oxygen supported beds to help its employees and patients from nearby areas needing immediate care, till a regular hospital bed is made available. Rico Auto Industries […]
Indian Oil Corporation Limited (IOCL) has given a contract to Engineers India Limited (EIL) pertaining to the $4.4 billion Panipat Refinery expansion project in Haryana. Under the INR six billion worth contract, Engineers India Limited will be responsible for providing consultancy for overall project management and also EPCM services (phase 2) of the project. The […]
McDermott International has received a technology contract for grassroots fluid catalytic cracking unit (FCC unit) for the Panipat Refinery in Haryana, India owned by Indian Oil Corporation Limited (IOCL/ IndianOil). With a value between $1 million and $50 million, the contract involves technology license, basic engineering, proprietary equipment, training and technical services. The fluid catalytic […]