Massive fire breaks out at Deepak Nitrite’s GIDC plant in Vadodara

03 Jun 2022 CW Team

On June 2, Deepak Nitrite witnessed five major chemical blasts at its manufacturing facility in the Nandesari GIDC area in Vadodara, which led to a massive fire.

Smoke was visible from a long distance, and seven to eight fire-fighters arrived at the spot to put out the fire.

After the accident, the company released a statement saying it was observing the situation and that the safety of its staff and the communities around is of utmost priority to it.

Of late, experts have been raising concerns about the safety of industrial units in different parts of the nation. A few weeks back, a fire broke out at a factory in Mustafabad of Delhi where one person was burned to death while six got injured.

In another incident, over 20 shops were gutted in a massive fire that broke out in the Jhandewalan cycle market of central Delhi on May 20.

Image Source

Also read: JCB invests Rs 1,000 cr in Vadodara export facility for global operations

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..