Emergency credit line guarantee scheme: Aviation firms get Rs 349 cr

Jindal Steel Wins LoI for Roida-I Iron Ore, Manganese Block in Odisha

Jindal Steel today announced a significant milestone in its strategic growth journey. The Government of Odisha has issued a Letter of Intent (LoI) to the Company for the grant of a 50-year Mining Lease for the Roida-I Iron Ore and Manganese Block, located in Keonjhar District. Spread across 104.84 hectare, this vital mineral resource significantly enhances Jindal Steel’s raw material security and underscores its commitment to integrated and sustainable steel production in India’s mineral-rich eastern corridor.The Roida-I Iron Ore and Manganese Block comes with an Environmental Clearance ca..

Infibeam’s Phronetic.AI and Nawgati Partner to Offer Real-time AI Tech

Nueromind Technologies, a cutting-edge deep-tech AI company owned by Infibeam Avenues, has entered into a Memorandum of Understanding (MoU) with Nawgati Tech, a pioneering deep-tech company transforming India’s fuel and mobility infrastructure. This deal aims to co-develop next-generation AI-powered solutions tailored for the fueling, fleet, and energy sectors to automate reasoning capabilities for accurate decision making on real- time basis by using CCTV-video inputs.Phronetic’s ABM platform is a multimodal technology that combines Video-Language Models (Video- LLMs) with a reasoning mod..

Godrej Chemicals to Invest Over Rs 7.50 Bn for Capacity Expansion

Godrej Industries’ Chemical Business today announced significant capacity expansions in sync with the company’s growth plan to become a $1 Billion global business before 2030. With a total capital outlay for expansions to exceed Rs 7.50 billion over the next few years, the company has already kicked off several projects.The company announced doubling of its Fatty Alcohol and Euric Acid capacities with an addition of 35,000 tonne per annum and 20,000 tonne per annum respectively. It has tripled its specialities capacity with an addition of 21,000 tons per annum while the glycerine capacity ..