Jupiter Wagons Wins Rs. 3.24 bn ACT2 Wagon Orders from Private Firms

Tata Motors Takes Control of Iveco with 89.42 Per Cent Stake

Tata Motors has taken control of Italian commercial-vehicle maker Iveco after acquiring an 89.42 per cent stake for approximately €3.43 bn, or Rs. 363.87 bn. The transaction gives India’s largest commercial-vehicle manufacturer control of a European business with annual revenue of Rs. 1.42 tn, while shifting attention to integration, cash-flow generation and repayment of acquisition debt. TML CV Holdings B.V., Tata Motors’ indirect wholly owned subsidiary, acquired 238.16 mn common shares at €14.40 apiece. The holding represents 89.42 per cent of Iveco’s common share capital, excludi..

Ambuja Cements to Invest Rs. 145 bn to Raise Capacity by FY30

Ambuja Cements will invest Rs. 145 bn to expand its cement capacity to 155 mn tonnes per annum by fiscal 2030. The planned investment, equivalent to $1.53 bn, will increase production capacity from the company’s current level of 113.5 MTPA. The company expects capacity to reach 119 MTPA by March 2027, with the wider expansion programme adding facilities across several major cement markets. The investment is intended to support the company’s long-term growth and strengthen its manufacturing network in India. The new capacity will be developed across Assam, Bihar, Jharkhand, Gujarat, Maharas..

Kshatriya Engineering College Signs MoU with Adani Cement

The civil engineering department of Kshatriya Engineering College in Nizamabad has signed a memorandum of understanding (MoU) with Adani Cement to provide students with industry-oriented training and practical exposure. The agreement is intended to connect classroom learning with workplace requirements in the construction sector. Under the partnership, students will receive opportunities to take part in industrial visits and internships. The arrangement will also include guest lectures by industry experts and guidance on live projects, allowing students to gain first-hand understanding of indu..