Foseco India to Acquire 75 Per Cent Stake in Morganite Crucible

Bajaj Auto Resumes Chetak Supplies Across Dealerships

Bajaj Auto, the world’s most valuable two- and three-wheeler company, has announced the resumption of supplies for its electric scooter, Chetak, across all dealerships after successfully overcoming global constraints on rare earth magnet availability.Deliveries had been temporarily moderated in recent weeks due to international component shortages, compounded by the sustained demand for Chetak. With production now restored ahead of schedule, Bajaj Auto has reaffirmed its commitment to ensuring customers receive the ‘Lifeproof’ scooter known for reliability, performance, and style. Shipme..

Epiroc Starts Work on New Production and R&D Facility in Nashik

Epiroc AB, a global productivity and sustainability partner for the mining and infrastructure industries, has broken ground on a new production and R&D facility in Nashik, Maharashtra. Spread across 175,000 sq m, the facility will develop and manufacture underground and surface equipment for mining and construction. It will house production and prototyping units, an R&D lab, offices, and an outdoor equipment test track. Operations are scheduled to begin in Q3 2026, with phased expansions thereafter.“This facility is a key step in expanding our presence in the growing Indian market an..

Brigade REAP Inducts Five Startups into 18th UrbanTech Cohort

Brigade REAP, India’s first UrbanTech accelerator, has onboarded five disruptive startups for its 18th cohort, chosen from over 200 applicants. The selected ventures represent modular construction, heavy equipment logistics, clean energy, digital finance, and solar innovation technologies, each with the potential to reshape urban development. “The ultimate aim of mentoring these startups by way of biannual cohorts is to integrate cutting-edge UrbanTech into the real estate sector. These innovative startups that have indigenous technologies and vision to create forward-thinking solutions n..