
Brigade Enterprises Unveils Rs 27 Bn Housing Project in Bengaluru

PMI Electro Mobility begins e-bus rollout in Mumbai with BEST
PMI Electro Mobility has commenced the first phase of its electric bus deployment in Mumbai. On 6 September, four 12-metre e-buses were flagged off as part of a 250-bus fleet. The services will be managed by PMI’s subsidiary, Mumbadevi Mobility, in collaboration with the Brihanmumbai Electric Supply and Transport (BEST).The buses will operate from the Oshiwara Depot, strategically selected to serve high-demand routes and improve urban connectivity.Aanchal Jain, CEO of PMI Electro Mobility, said the rollout highlights Mumbai’s commitment to sustainable mobility. He added that the initiative..

Vedanta invests Rs 12,500 cr to boost EV-focused metal output
Vedanta Ltd has announced an investment of over Rs 12,500 crore to ramp up metal manufacturing, focusing on the needs of India’s growing electric vehicle (EV) sector.The company’s portfolio includes aluminium, zinc, value-added alloys, copper, steel, nickel and ferrochrome. The new investments cover aluminium smelter expansion, increased production of aluminium value-added products, a zinc alloy plant, a roaster facility for zinc production, and ferrochrome capacity augmentation.Vedanta’s aluminium products, including primary foundry alloys, billets for battery casings, HVAC systems, and..

India, Israel sign Rs 16k cr bilateral investment treaty
India and Israel have signed a Bilateral Investment Treaty (BIT) in New Delhi to enhance economic and financial cooperation, the Finance Ministry announced recently. The agreement was signed by Finance Minister Nirmala Sitharaman and Israel’s Finance Minister Bezalel Smotrich.Israel is the first OECD member country to sign such a treaty with India under its new investment framework. The pact will facilitate reciprocal investments, ensure transparency, protect investors from risks such as expropriation, and provide an independent arbitration mechanism for dispute resolution.The agreement is e..