Kochra Realty acquires Rs.7 billion stressed residential project in Mumbai’s Dahisar

BEML Wins Rs 1.86 Billion Defence Contract for 79 PAT Bulldozers

BEML Limited (Bharat Earth Movers Limited), a leading Public Sector Undertaking under the Ministry of Defence, announced it has been awarded a Rs 1.86 billion contract to supply 79 units of its flagship Power Angling & Tilting (PAT) bulldozers.The PAT bulldozer showcases BEML’s cutting-edge engineering designed specifically for military applications. Featuring variable blade angling and tilting, it is capable of operating efficiently in rugged and snow-bound terrains, making it vital for national strategic operations.This repeat order from the Ministry of Defence reflects continued confi..

Odisha Handles Record 187,000 Tonnes Coking Coal at Dhamra Port

In a landmark achievement, Odisha’s Dhamra Port successfully handled its largest ever imported coking coal consignment, receiving 186,782 metric tonnes (MT) imported by Tata Steel Ltd, one of India’s leading steel producers.The vessel, measuring 299.95 metres in length overall with a beam of 50 metres and a maximum draft of 18.40 metres, demonstrated the port’s capability to accommodate large vessels.This milestone underscores Odisha’s growing industrial and logistical capabilities and solidifies Dhamra Port’s position as a premier deep-draft port on India’s eastern coast. The oper..

NCLT Approves Adani Cementation Merger with Ambuja Cements

The National Company Law Tribunal (NCLT) has approved the merger of Adani Cementation into Ambuja Cements, clearing the way for the Adani Group to streamline its cement operations under a single entity. The Ahmedabad bench passed the order on 18 July, allowing Ambuja Cements to absorb all assets, operations, and liabilities of Adani Cementation effective from 1 April 2024.This consolidation includes project sites, licences, and ongoing developments, all of which will now be managed directly by Ambuja.As part of the merger, Adani Enterprises will receive 8.7 million equity shares of Ambuja Ceme..