
MAN Industries Raises Rs2.55 Billion via Share Allotment

MP CM launches Rs 241 cr projects in Mauganj
Madhya Pradesh Chief Minister Mohan Yadav recently inaugurated and laid foundation stones for projects worth Rs 241.33 crore in Mauganj, covering infrastructure, welfare and tourism.Key initiatives include the construction of tehsil buildings at Naigadhi and Devtalab, upgradation of the Devtalab hospital into a Community Health Centre, and the creation of a Shivlok at Devtalab. For tourism, Rs 10 crore has been allocated to develop the Bahuti Waterfall and to undertake beautification works at the Ashtbhuja Mata Temple.To boost connectivity, a new 11 km road will link Teepa Bador with Garhwa Ro..

PMI Electro Mobility begins e-bus rollout in Mumbai with BEST
PMI Electro Mobility has commenced the first phase of its electric bus deployment in Mumbai. On 6 September, four 12-metre e-buses were flagged off as part of a 250-bus fleet. The services will be managed by PMI’s subsidiary, Mumbadevi Mobility, in collaboration with the Brihanmumbai Electric Supply and Transport (BEST).The buses will operate from the Oshiwara Depot, strategically selected to serve high-demand routes and improve urban connectivity.Aanchal Jain, CEO of PMI Electro Mobility, said the rollout highlights Mumbai’s commitment to sustainable mobility. He added that the initiative..

Vedanta invests Rs 12,500 cr to boost EV-focused metal output
Vedanta Ltd has announced an investment of over Rs 12,500 crore to ramp up metal manufacturing, focusing on the needs of India’s growing electric vehicle (EV) sector.The company’s portfolio includes aluminium, zinc, value-added alloys, copper, steel, nickel and ferrochrome. The new investments cover aluminium smelter expansion, increased production of aluminium value-added products, a zinc alloy plant, a roaster facility for zinc production, and ferrochrome capacity augmentation.Vedanta’s aluminium products, including primary foundry alloys, billets for battery casings, HVAC systems, and..