RINL Eyes Debt Reduction, Considers Wheel Plant Sale to Railways

Snowman Logistics Adds New Facility in Kundli, Expands Capacity

Snowman Logistics, a leading temperature-controlled logistics service provider, has commenced operations at a new warehousing facility in Kundli, located in the Delhi NCR region. The facility, taken on long-term lease, adds 3,576 pallet positions to the company's overall capacity, which now stands at 154,330 pallet positions across 44 warehouses in 21 cities.In addition to its warehousing infrastructure, Snowman operates a fleet comprising 296 company-owned and over 325 leased refrigerated vehicles, ensuring comprehensive cold chain connectivity across the country.The Kundli facility is strate..

Omaxe Plans Rs 12-Bn Township Project in Indore

Omaxe has acquired 450 acres of land in Indore, Madhya Pradesh, to develop an integrated township, marking a significant expansion of its operations in Tier-II cities. The project will entail an investment of Rs 12 billion and is expected to be executed in phases.According to a regulatory filing, the development will comprise residential plots, housing clusters, commercial and retail zones, hospitality infrastructure, educational institutions, and healthcare facilities. The company anticipates generating revenue of Rs 25 billion from the township over the next three years. The investment will ..

SMIORE Becomes First in India to Win Seven Star Mining Award

The Sandur Manganese & Iron Ores (SMIORE) has been awarded the prestigious Seven Star Rating by the Ministry of Mines and the Indian Bureau of Mines (IBM) for exemplary green mining practices in 2023–24. The award was presented at the national felicitation ceremony held at the Rajasthan International Centre in Jaipur on July 7, 2025. SMIORE is the first among three mines nationwide—and the only one from South India—to receive the Seven Star Rating this year. The company has also secured the Five Star Rating for its Kammathuru Iron Ore Mine in Ballari district, Karnataka, marking..