Sigachi Industries, a Telangana-based pharmaceutical manufacturing company, said that it is broadening its horizon by foraying into human nutritional segment. In this regard, the company will explore the nutritional markets in India as well as 45 counties, where it exports currently. Sigachi Industries said that its product portfolio will largely incorporate micronutrient premixes, granulated ingredients, […]
GOCL Corporation Limited, the Hyderabad-based chemicals business of the Hinduja Group, said that it has won an order worth INR 415 crores from the Singareni Collieries Company. As per the contract, GOCL will be responsible for the supply of explosives and accessories to the Telangana-government owned coal mining company. The bulk explosives, LD explosives and […]
Torrent Power has agreed to acquire an operating 50MW solar power plant in the Indian state of Telangana for INR 417 crores. For this, the Indian energy and power company has signed a share purchase agreement (SPA) with SkyPower Southeast Asia III Investments and SkyPower Southeast Asia Holdings 2 Limited for acquiring 100% of Sunshakti […]
VST Industries, an Indian cigarette manufacturer, has commissioned 1MW rooftop solar plants for its manufacturing factories in Telangana. The rooftop solar plants will cover nearly 25% of the energy needs of VST Industries. This will offset 1,310 MT of carbon dioxide emissions, said the company. The PV technology plants are spread over an area of […]
American tech giant Microsoft plans to invest more than INR 15,000 crores ($1.95 billion) in Hyderabad, Telangana to build its fourth datacenter region in India. Microsoft said that the investment in the Hyderabad datacenter region aligns with its efforts in helping clients thrive in a cloud and artificial intelligence (AI)-enabled digital economy. The datacenter region […]
Larsen & Toubro Infotech Limited (LTI), an Indian technology consulting and digital solutions company, has opened a new delivery center in Hyderabad. The subsidiary of Larsen & Toubro (L&T) said that the 110,000sft center will house more than 3,000 employees to support the global operations of the company. KT Rama Rao — Telangana Minister of […]
Plug and Play LLC, a US-based early-stage investor, accelerator, and corporate innovation platform, will open an innovation center in Hyderabad, India in Q1 2022. The Hyderabad innovation center will mark the foray of Plug and Play in India adding to the 35 plus office locations it has around the world. Saeed Amidi — Founder and […]
Power Mech Projects Limited said that it has been issued letters of intent for two works with a combined worth of INR 725.17 crores. The first order is from the National Highways Authority of India (NHAI) and is worth INR 645 crores. It is for the four laning of NH-365A from Kodad (Design 645km O.OO/Existing […]
Indian conglomerate Larsen & Toubro (L&T) said that its construction arm — L&T Construction has bagged multiple orders in India for its businesses. Its metallurgical and material handling (MMH) business has been awarded an order from an undisclosed customer for the construction of coke oven, by product and coke dry quenching facilities. According to Larsen […]
Kochi-based Kitex Garments Limited said that it has signed a memorandum of understanding (MoU) with the Telangana government to invest INR 2,406 crores in the southern Indian state. The investment will be made by the apparel manufacturer in the Kakatiya Mega Textile Park in Warangal and the Industrial Park in Sitarampur, Rangareddy district. In the […]