$120 mn loan inked between Centre, World Bank, Megalaya for state’s road transport

Lemon Tree Opens Sixth Hotel in Kerala

Lemon Tree Hotels, India’s fastest-growing mid-scale and premium hotel chain, has announced the opening of its latest managed property — Lemon Tree Premier, Thiruvananthapuram.This marks the brand’s sixth property in Kerala and further strengthens its growing footprint across southern India.Strategically located in the heart of the state capital, Lemon Tree Premier, Thiruvananthapuram offers easy access to major business districts, government offices, and cultural landmarks. The city — known for its rich heritage, iconic Padmanabhaswamy Temple, scenic beaches such as Kovalam, and growi..

NALCO Reports Record Q2 & H1 FY26 Performance

National Aluminium Company (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has reported its best-ever quarterly and half-yearly physical and financial performance in FY 2025–26.For the quarter ended September 2025 (Q2 FY26), NALCO’s net profit surged 35 per cent year-on-year to Rs 14.33 billion, compared to Rs 10.62 billion in the same period last year. The company’s total income from operations rose 7.2 per cent to Rs 42.92 billion, reflecting robust operational performance and supportive market conditions.For the first half of FY26, NALCO’s net profit jumpe..

SDHI to Build Six Tankers for Norway’s Stenersen

Swan Defence and Heavy Industries (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed a Letter of Intent (LoI) with Norwegian ship owner Rederiet Stenersen AS for the construction of six IMO Type II chemical tankers, each with a capacity of 18,000 DWT.Valued at approximately $220 million, the LoI represents a landmark achievement for India’s shipbuilding exports, with an option to build an additional six vessels under the same class. The ships will be built at SDHI’s state-of-the-art shipyard in Pipavav, Gujarat, designed by Marinform AS, Norway, and classed by..