Bikaji Foods International Limited, one of India’s top ethnic snack brands, is taking a bold leap into the Quick Service Restaurant (QSR) sector. The company’s wholly-owned subsidiary, Bikaji Foods Retail Limited (BFRL), is set to invest ₹131.01 crore in Hazelnut Factory Food Products Private Limited (THF), acquiring a controlling 53.02% stake in the café and […]
Indian Railways is grappling with a wave of sabotage attempts that have recently put passenger safety at risk across various regions. In a troubling escalation, several incidents have been reported in the last few weeks, involving deliberate attempts to derail trains by placing hazardous objects on the tracks. This string of sabotage attempts appears to […]
In a significant incident early on August 17, 2024, the Sabarmati Express, operating between Varanasi and Ahmedabad, experienced a major derailment near Kanpur in Uttar Pradesh. The incident took place around 2:30 AM in the Bhimsen area, causing widespread concern among passengers and leading to substantial disruption in rail services. According to reports, the Sabarmati […]
Hindustan Petroleum Corporation Limited (HPCL) has delivered solid results for the first quarter of fiscal year 2024-25 (1QFY25), despite facing challenging market conditions. The company’s standalone revenue from operations for 1QFY25 was ₹1,20,859 crore, a slight increase from ₹1,19,044 crore recorded in the same period of the previous fiscal year. However, HPCL’s profit after tax […]
ABB India, a subsidiary of Switzerland-based technology company ABB, said that it has enhanced the operations of Kanpur Metro by integrating its state-of-the-art electrification solutions. This installation promises reliable, high-quality power distribution, ensuring a seamless and comfortable commute for passengers. ABB’s contribution to the Kanpur Metro marks its involvement in a total of 13 metro […]
SJVN Limited said that it has begun commissioning its 75MW solar power project in Tehsil Kalpi, Jalaun district in Uttar Pradesh via its fully-owned subsidiary SJVN Green Energy. According to SJVN Limited, the entire 75MW capacity will be commissioned by the end of this month. SJVN Limited, which is a joint venture between the Indian […]
Adani Ports and Special Economic Zone Limited said that Adani Agri Logistics Ltd (AALL) is set to build and operate food grain silo complexes at Kanpur, Gonda, and Sandila in Uttar Pradesh and Katihar in Bihar. Following competitive bidding, the fully-owned subsidiary of Adani Logistics has been issued a letter of award (LoA) from the […]
PNC Infratech Limited said that it has signed concession agreements with the National Highways Authority of India (NHAI) for executing the Kanpur-Lucknow Expressway projects. The company signed the agreements through Kanpur-Lucknow Expressway Private Limited and Awadh Expressway Private Limited, which are the special purpose vehicles incorporated by it for the implementation of two hybrid annuity […]
Mold-Tek Packaging said that it has inaugurated its 11th manufacturing facility in Unnao, Kanpur, which will primarily meet the requirements of plastic packaging containers of Kansai Nerolac Paints and other clients in northern India. According to the Indian rigid plastic packaging manufacturing company, the pilot project in its leased premises at Unnao, admeasures 17.500sft. It […]