NMDC R&D Centre and IIT Hyderabad Sign MoU

02 Mar 2026 CW Team

The collaboration will prioritise research on iron ore beneficiation and agglomeration, green steelmaking technologies, and alternative ironmaking using indigenous raw materials. It will also support advanced modelling and simulation of mining and metallurgical processes and explore extraction routes for critical and rare earth minerals from primary and secondary sources to strengthen mineral security. The partners intend to translate laboratory research into pilot initiatives that enhance resource resilience.

Aligned with rapid digital transformation in the sector, the partnership will pursue pilot projects in autonomous vehicle movement, Artificial Intelligence and the Internet of Things (IoT) for operational optimisation. It will explore Mining four point zero frameworks and drone enabled surveying and monitoring to improve efficiency and environmental stewardship. Integration of operational strength with research driven innovation is intended to deliver sustainable, technology led solutions across the evolving mineral landscape.

NMDC leadership indicated that the MoU reinforces the corporation's commitment to innovation through industry academia collaboration and will leverage institutional research excellence alongside domain expertise. The memorandum is framed as contributing to sustainable development and national objectives of Atmanirbhar Bharat as the NMDC R&D Centre marks its 50 year milestone of contribution to the mineral sector. The institutions expect the collaboration to accelerate translation of research into industrial applications and support long term technological advancement.

The National Mineral Development Corporation R&D Centre (NMDC R&D Centre) has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Hyderabad (IIT Hyderabad) to deepen academic and research collaboration in the mineral and metals sector. The agreement was formalised by the executive director responsible for research and development at NMDC and the dean for sponsored research and consultancy at IIT Hyderabad in the presence of the institute director. The partnership is intended to advance indigenous technologies in mineral processing and allied areas. The collaboration will prioritise research on iron ore beneficiation and agglomeration, green steelmaking technologies, and alternative ironmaking using indigenous raw materials. It will also support advanced modelling and simulation of mining and metallurgical processes and explore extraction routes for critical and rare earth minerals from primary and secondary sources to strengthen mineral security. The partners intend to translate laboratory research into pilot initiatives that enhance resource resilience. Aligned with rapid digital transformation in the sector, the partnership will pursue pilot projects in autonomous vehicle movement, Artificial Intelligence and the Internet of Things (IoT) for operational optimisation. It will explore Mining four point zero frameworks and drone enabled surveying and monitoring to improve efficiency and environmental stewardship. Integration of operational strength with research driven innovation is intended to deliver sustainable, technology led solutions across the evolving mineral landscape. NMDC leadership indicated that the MoU reinforces the corporation's commitment to innovation through industry academia collaboration and will leverage institutional research excellence alongside domain expertise. The memorandum is framed as contributing to sustainable development and national objectives of Atmanirbhar Bharat as the NMDC R&D Centre marks its 50 year milestone of contribution to the mineral sector. The institutions expect the collaboration to accelerate translation of research into industrial applications and support long term technological advancement.

Infrastructure Urban

04 Aug 2026

TCC Concept Reports 480% Revenue Growth in Q1FY27

TCC Concept has reported strong financial performance for the first quarter of FY27, with revenue from operations rising 480% year-on-year to Rs 1,283 million.The company’s EBITDA increased 158% year-on-year to Rs 463 million, with an EBITDA margin of 36.1%. Profit after tax (PAT) grew 34% year-on-year to Rs 126 million during the quarter.The growth was supported by continued execution across TCC’s integrated ecosystem spanning consumer commerce, supply chain, digital infrastructure, cloud, PropTech and AI-led platforms.Pepperfry continued to strengthen its omnichannel expansion stra..

Real Estate

04 Aug 2026

ANHAD Developers Appoints Akash Lakhina as Sales Head

ANHAD Developers has appointed Akash Lakhina as Head of Sales, Marketing and CRM as the company strengthens its leadership team ahead of its entry into Gurugram’s premium residential market.The appointment follows Adil Altaf taking charge as CEO of the group’s real estate vertical. Lakhina will be responsible for driving the company’s sales, marketing and customer relationship initiatives for its upcoming luxury developments.With nearly three decades of professional experience, Lakhina brings expertise across multiple industries, including over a decade in luxury real estate. His experie..

Real Estate

04 Aug 2026

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilit..