HUL Teams Up with Brookfield for Net Zero Green Energy
Indian Coast Guard, Hindalco tie-up for indigenous shipbuilding materials
The Defence Ministry announced a strategic collaboration between the Indian Coast Guard (ICG) and Hindalco Industries, a leading industry group, aimed at bolstering the country's maritime capabilities. Through a Memorandum of Understanding (MoU) signed in New Delhi, the two entities agreed to facilitate the manufacturing and supply of indigenous marine-grade aluminium to both public and private shipyards across India for ship construction projects.
This collaboration holds significant implications for enhancing domestic shipbuilding capabilities, as it ensures a reliable and consistent ..
Global Gains
With luxury homes mushrooming across the country and a legion of aspirational home buyers seeking global standards of living, many major developers are turning to international architects for project design.
“As the market share of luxury homes is increasing at a steady rate, demand for global architects is on the rise,” affirms Saket Mohta, Managing Director, Merlin Group. “Project design has assumed the role of a decision-maker for buyers who seek an overseas level living experience in India. In fact, the realm of luxury real..
RITES Ltd Targets Vietnam and Beyond for International Consultancy
State-owned RITES Ltd, a key player in the engineering and transport consultancy sectors under the Ministry of Railways, has set its sights on expanding its international consultancy services, with a particular focus on markets like Vietnam. The announcement was made by RITES Ltd's Chairman and Managing Director (CMD), Rahul Mithal, during an event on Tuesday.
Mithal emphasized the significance of international consultancy as a pivotal focus area for the company's growth strategy. He highlighted the establishment of 'RITES Videsh,' a strategic initiative aimed at enhancing the company'..
Adani Energy Acquires Essar's Transmission Assets
Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.
The acquisition of Essar's transmission assets represents a strategic investment for Adani Energy, enabling the company to augment its infrastructure and bolster its transmission network. With the addition of these assets, Adani strengthens its operational footprint, enhancing its capacity to deliver r..
IEX Q4 Net Profit Grows 9.5%
The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.
The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..