Power machine

BHEL shares up 3% on 10-year hydrogen fuel cell pact

Bharat Heavy Electricals (BHEL) shares rose over 3% recently after the company signed a 10-year exclusive memorandum of understanding (MoU) with Singapore-based Horizon Fuel Cell Technologies. The partnership marks BHEL’s entry into the hydrogen fuel cell market.Under the agreement, both companies will jointly develop hydrogen fuel cell-powered rolling stock and collaborate on business sharing and operations. The move is expected to strengthen BHEL’s presence in clean energy and sustainable transport.Earlier this month, BHEL also signed a License Agreement for Transfer of Technology (LAToT..

Interio by Godrej Unveils Strategy to Double Revenue in 3 Years

Interio by Godrej, a leading furniture brand from the Godrej Enterprises Group, has unveiled its refreshed brand identity as a one-stop destination for modern Indian living across homes and workspaces. The repositioning is anchored on design-led innovation, an enhanced omnichannel experience, and a future-ready product portfolio. Nyrika Holkar, Executive Director, Godrej Enterprises Group, said: “Our aim is to make great design accessible. As industry leaders, we are uniquely placed to deliver on this promise with our end-to-end solutions from design and manufacturing to retail and serv..

Govt plans Rs 16k cr boost for construction equipment sector

The Centre is finalising an incentive package worth Rs 14,000–16,000 crore to promote domestic manufacturing of heavy construction equipment, including tunnel boring machines (TBMs), cranes and specialised rigs, reported The Economic Times. The move aims to reduce reliance on imports and support India’s infrastructure growth.Inter-ministerial discussions are underway, with the scheme expected to be launched in the next financial year. Nearly half of India’s construction and mining equipment components are currently imported, largely from China, Japan, South Korea and Germany.Industry lea..