SEBI Considers New Measures for REITs and InvITs

Bevel Gears India Opens Aerospace Gear Plant Near Bengaluru

Bevel Gears India (BGI) has inaugurated a 70,000 sq ft manufacturing facility near Kempegowda International Airport in Bengaluru, dedicated exclusively to aerospace and defence gearing.The facility has been developed to manufacture flight-critical gearing with dedicated production, inspection and quality infrastructure. It will produce spiral and straight bevel gears, zerol and angular bevels, beveloids, hypoid and high-ratio hypoid gears, curvic couplings and precision parallel-axis gearing.The plant will cater to aero-engine, helicopter, UAV, actuation and aerospace gearbox programmes, suppo..

Tata Hitachi Opens New Warehouse at Kharagpur Plant

Tata Hitachi Construction Machinery Company has inaugurated a new warehouse at its Kharagpur manufacturing facility in West Bengal to strengthen its supply chain and improve customer support across India.The facility was inaugurated by Sandeep Singh, Managing Director, Tata Hitachi, in the presence of Hiroshi Hosokawa, President – Spare Parts & Service Business Unit and Executive Officer, along with the company’s senior leadership and employees.The new warehouse is designed to enhance warehousing and inventory management capabilities, enabling more efficient handling and availability o..

Vishnu Chemicals, DCX Chrome Form JV for Chromium Plant

Vishnu Chemicals Limited (VCL) has entered into a definitive joint venture agreement with France-based DCX Chrome SAS to establish a greenfield high-purity chromium metal manufacturing facility in Visakhapatnam, Andhra Pradesh.The two companies will hold equal 50% stakes in the proposed venture. The facility will have an installed capacity of 6,000 metric tonnes per annum and will manufacture high-purity chromium metal for applications across the aerospace, defence, energy, oil and gas, and chemical processing sectors.Under the partnership, DCX Chrome will provide its proprietary aluminothermi..