India Cements shares surge 9% as Damani increases stake to 22.76%

CIPL to invest Rs 4 billion in phosphoric acid plant

Caitlyn India (CIPL) will invest Rs 4 billion to set up a 50,000 TPA integrated phosphoric acid plant in southern India. The company is scouting port-accessible sites and plans to commission the facility by FY 2027. The project will span 30–50 acre and aims to reduce India's dependency on imported phosphoric acid. The plant will adopt hemihydrate–dihydrate (HH-DH) technology, enabling high-purity phosphoric acid production with cleaner gypsum by-products. A captive sulphuric acid unit will be included for operational efficiency. Initially, output will be supplied to domestic fertilise..

TKIL Industries, HOPPECKE partner for rail battery systems in India

TKIL Industries (formerly thyssenkrupp Industries India) has signed an exclusive agreement with Germany-based HOPPECKE Batterien GmbH & Co. to develop battery systems for India’s growing rail sector. The partnership aims to deliver innovative and sustainable energy storage solutions for metros, regional trains, and locomotives. The first joint project under this strategic alliance has already been secured and is expected to roll out in 2025. The collaboration comes at a time when India plans to double its electric locomotive capacity by 2030 and expand metro services from 23 to 31 c..

Saal.ai, Intertec team up to deliver AI and Big Data across GC

Abu Dhabi-based cognitive tech firm Saal.ai has partnered with digital transformation provider Intertec Systems to deliver advanced AI and Big Data solutions across the GCC. The collaboration will centre around DigiXT, a Made-in-UAE Big Data platform developed by Saal.ai to support governments and enterprises in harnessing large-scale data with full sovereignty and control. DigiXT offers flexible deployment both on-premises and in the cloud, allowing organisations to meet their specific performance, compliance, and regulatory needs. This versatility ensures clients retain ownership of the..