Thermax Marks 30 Years of Listing on NSE

09 Dec 2025 CW Team

Thermax has celebrated 30 years of its listing on the National Stock Exchange with a ceremonial bell-ringing event held in Mumbai. The occasion brought together NSE MD & CEO Ashishkumar Chauhan, Thermax Chairperson Meher Pudumjee, Managing Director and CEO Ashish Bhandari, board members, senior leaders and key stakeholders who have supported the company’s journey.

Listed on 30 August 1995, Thermax has evolved from a packaged boiler and heating equipment manufacturer into a global provider of energy transition and sustainability solutions. Established in 1966 as Wanson India by the late A S Bhathena, the company now delivers clean air, clean energy and clean water systems across international markets.

Thermax’s revenues have grown from about Rs 470 crore in FY1995–96 to Rs 10,389 crore in FY2024–25, supported by an expanding manufacturing footprint of 16 facilities worldwide — 12 in India and four overseas. The company highlighted this milestone as a reflection of longstanding stakeholder trust and its enduring commitment to responsible growth.

Infrastructure Transport

06 Feb 2026

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..