Prestige Group Reports Impressive Q2 FY24 Sales of Rs 7,092 crore

Celcius Launches Rs 500 Million Pharma Logistics Arm

Celcius Logistics, India’s leading tech-driven 3PL and cold supply chain provider, has launched Celcius+, a dedicated vertical for the seamless management of the pharmaceutical supply chain. The new arm is designed to meet the sector’s stringent demands for temperature control, compliance, and real-time visibility, ensuring safe and efficient transport of medicines, vaccines, and other sensitive products.In its first phase, the company will invest Rs 500 million to build a dedicated pharma fleet and supporting infrastructure, aiming to generate Rs 1 billion in annual recurring revenue (ARR..

ONGC To Invest Rs 46 Billion In Andhra Oil And Gas Project

Oil and Natural Gas Corporation (ONGC) will invest Rs 46.06 billion in a large oil and gas project in Konaseema district, Andhra Pradesh.The plan includes drilling 10 development wells, constructing two unmanned platforms, laying an offshore pipeline, and building an onshore gas processing facility at the Odalarevu Terminal. The project is part of the DSF-III contract areas KG/OSDSF/CHANDRIKA/2021 (697 sq km) and KG/OSDSF/GS49/2021 (148 sq km), awarded in September 2022.The Environmental Management Plan (EMP) carries a capital cost of Rs 140 million and an annual recurring cost of Rs 30 millio..

DPIIT, Zepto Partner To Boost Early-Stage Manufacturing Startups

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Zepto Private Limited to support and scale early-stage startups in the manufacturing sector through the ‘Zepto Nova’ innovation challenge.The collaboration will run a six-month programme to mentor startups developing technologies in hardware, IoT, packaging and sustainable manufacturing. The initiative aims to help them progress from prototype to market-ready solutions using Zepto’s delivery and digital infrastructure.The partnership ..