MOIL Output Rises 11 Per Cent to 0.15 Million Tonnes in July

07 Aug 2025 CW Team

MOIL Limited produced 0.15 million tonnes of manganese ore in July 2025, recording an impressive growth of 11.4 per cent over the same period last year, despite challenging weather conditions caused by heavy rainfall.

From April to July 2025, the company maintained strong operational momentum, achieving a total production of 0.65 million tonnes, reflecting a year-on-year growth of 7.8 per cent. Exploratory drilling during the same period reached 43,215 metres, up by 11.4 per cent compared to the corresponding period last year.

Sales between April and July 2025 stood at 0.45 million tonnes, compared to 0.50 million tonnes during the same period in 2024.

Shri Ajit Kumar Saxena, Chairman and Managing Director, congratulated the MOIL team on their record production and commended their continued efforts to boost both production and sales despite difficult weather conditions.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..