McDermott, a global engineering and construction company, has been awarded a significant project management consultancy (PMC) contract by India Oil Corporation Limited (IOCL). The contract pertains to the Maleic Anhydride (MAH) unit at the Panipat Refinery and Petrochemical Complex, situated just 62 miles (100 kilometers) from New Delhi, India. As part of the contract, McDermott […]
Info Edge (India) Ltd, an Indian pure play technology company, said that its fully-owned subsidiary Allcheckdeals India has invested an amount of INR 4 crores in NewInc Internet Services. Incorporated in late 2016, NewInc Internet Services is involved in the business of offering all kinds and types of internet, computer and electronics data processing services. […]
Dalmia Bharat Sugar and Industries has reported a profit after tax (PAT) of INR 65 crores in the third quarter of the fiscal year 2023 (Q3FY23), an increase of 15% compared to INR 57 crores in the same quarter of the previous fiscal year. The Indian sugar manufacturing company earned a total income of INR […]
Maruti Suzuki India has introduced Wagon R Flex Fuel, India’s first mass segment flex fuel prototype car as part of the company’s decarbonization strategy. Unveiled in New Delhi, the Wagon R Flex Fuel prototype model runs on any ethanol-petrol blend between 20% (E20) and 85% (E85) fuel. With support from Japan-based Suzuki Motor Corporation, the […]
Vikas Ecotech Limited has forged alliances with undisclosed global conglomerates to develop technology for producing smart intelligent coatings for corrosion protection in marine environments. The New Delhi-based company said that the collaborative innovation aims to design conducting polymer nanocomposites by integrating filler materials and appropriately choosing a medium for polymerization to ensure that the produced […]
Indian real estate developer TARC Ltd has launched a luxury residential project called TARC Tripundra in New Delhi. The TARC Tripundra project is located at an equidistant from Delhi and Gurugram, on the main Bijwasan Road. It is said to have seamless connectivity to the Indira Gandhi International Airport as well as Aerocity. The luxury […]
Oil and Natural Gas Corporation (ONGC) has signed contracts under the DSF-III bid round to develop six discovered small fields (DSF) in Indian offshores. The contracts cover three fields each in the Arabian Sea and the Bay of Bengal and will involve a total investment of more than $1.89 billion (INR 15,004 crores) to develop the […]
NBGC (INDIA) Limited, a management consulting company owned by the Indian Ministry of Housing and Urban Affairs, has secured three work orders worth INR 258 crores. The company has signed three separate memorandums of understanding (MoUs). The first is with the Indian Ministry of External Affairs (MEA) for an INR 175 crore contract for redeveloping […]
Tech Mahindra has entered into a partnership with work graph company Soroco with an aim to set up a large task mining center of excellence (CoE) in New Delhi in order to underpin the evolving digital transformation requirements of customers right from discovery to realization. The task mining center of excellence is expected to offer […]
Chalet Hotels Ltd said that it will develop a 4-star terminal hotel at the Indira Gandhi International Airport in New Delhi at a site located opposite Terminal 3. In this regard, Chalet Hotels has executed acceptance of the letter of intent to award from the Delhi International Airport Limited (DIAL) for designing, developing, financing, operating, […]