JSW Group Wins Copper Mine Contract to Invest Rs 26 Bn

29 Jan 2025 CW Team

Hindustan Copper has awarded a contract for the establishment and operation of a copper concentration plant. The JSW Group will invest Rs 26 billion in the project, marking a strategic move into the non-ferrous metals mining sector. The two mines involved in the project are expected to commence operations in the second half of FY27.

In addition, the JSW Group has committed to investing Rs 3 trillion in Maharashtra, as part of a broader initiative to foster industrial growth and sustainable development. This investment, which spans sectors such as steel, renewable energy, electric vehicles (EVs), battery manufacturing, and cement, was announced at the World Economic Forum (WEF) in Davos on January 21, 2025. The Government of Maharashtra will support the initiative by fast-tracking clearances, providing fiscal incentives, and ensuring access to critical resources, including land, water, and power.

News source: CNBC TV18

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..