Adani Enterprises establishes two wholly-owned coal mining subsidiaries

26 Aug 2022 CW Team

Adani Enterprises has informed stock exchanges about the formation of wholly owned subsidiaries.

According to the filing, the company established two Wholly Owned Subsidiaries on August 23, 2022, with the following details:

Hirakund Natural Resources Limited ("HNRL"), with an initial authorized share capital of Rs10 lakh and a paid-up share capital of Rs5 lakh, to manage the business of mining coal and other related minerals and to carry out all necessary activities.

HNRL will also begin operations in due course, according to the company.

Vindhya Mines and Minerals Limited ("VMML"), with an initial authorized share capital of Rs10 lakh and a paid-up share capital of Rs 50 million, to carry on business in mining of coal and other related minerals, among other things, and to carry out all necessary activities in this regard. Furthermore, VMML will begin operations in due course.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..