Mumbai gets first multi-level robotic shuttle parking system

Vikas Ecotech bags Rs 28 mn fire retardant order from Polycab

Vikas Ecotech has secured a repeat order from Polycab India for the supply of 400 metric tonne of Aluminium Trihydrate (ATH), a fire retardant material, valued at approximately Rs 28 million. The delivery is scheduled for execution within Q2 of FY 2025–26 and will be completed over a three-month period.This repeat order reflects Polycab’s continued trust in Vikas Ecotech’s product quality, technical reliability, and its commitment to delivering sustainable, safety-enhancing specialty materials for critical wire and cable applications.The demand for fire retardant materials such as ATH is..

Jio and Allianz to Launch Reinsurance Joint Venture

Jio Financial Services (JFSL) and Allianz Group, through its wholly owned subsidiary Allianz Europe B.V., have entered into a binding agreement to form a 50:50 joint venture in the domestic reinsurance sector. The new entity aims to cater to India’s growing and evolving insurance market.The partnership will combine JFSL’s strong digital infrastructure and local market expertise with Allianz’s global reinsurance capabilities and underwriting proficiency. The joint venture will draw upon Allianz’s existing presence in India through Allianz Re and Allianz Commercial, as well as its global..

Arunachal’s Hydro Corp Earns Carbon Credits Milestone

The Hydro Power Development Corporation of Arunachal Pradesh (HPDCAPL) has received verified carbon credits for its 3 MW Zemithang hydro project in Tawang, making it the Northeast’s first in the voluntary carbon market.The Universal Carbon Registry issued credits for FY 2022–23, with the project having generated 16,326 tonne so far and targeting 97,783 tonne by 2028.The plant uses 1.5 MW pelton turbines and remains HPDCAPL’s only commissioned project. The initiative supports India’s net-zero goal by 2070.CMD Toko Onuj is steering HPDCAPL towards becoming a green energy and carbon tradi..