Sundaram Home Finance Targets Rs 3 Bn Disbursal in Madhya Pradesh
Sundaram Home Finance, a wholly-owned subsidiary of Sundaram Finance, has expanded its presence in Madhya Pradesh by opening two new branches in Pithampur and Ratlam. With this move, the total number of its branches in the state has increased to five, including existing locations in Indore and Bhopal.The company has set a disbursement target of Rs 3 billion in Madhya Pradesh for the current financial year. This expansion aligns with its strategy of exploring growth opportunities in Tier II and III towns outside South India, while strengthening its base in states where it already operates.Madhy..
NALCO Unveils IA90 Aluminium Alloy Ingot for Auto Sector Use
National Aluminium Company (NALCO), a Navratna Central Public Sector Enterprise under the Ministry of Mines, has expanded its product line with the launch of the IA90 grade aluminium alloy ingot, developed to cater to the evolving requirements of the automobile industry.The IA90 alloy was officially launched at NALCO’s Smelter and Power Complex in Angul. Designed for critical automotive applications, the new grade offers enhanced strength, superior wear resistance, and excellent corrosion resistance. Its high strength and castability make it particularly suitable for the production of wheels..
Work on Chennai’s First Cable-Stayed Bridge Set to Begin Soon
Construction of Chennai’s first cable-stayed bridge is set to begin soon as part of the Chennai Port–Maduravoyal elevated corridor project. The bridge will be located near Napier Bridge, where the corridor crosses onto Swami Sivananda Salai. A single pier will support the structure at this location, and the ramp will extend via Island Grounds. Piling work at the site is expected to begin shortly.Two additional cable-stayed bridges will also be constructed along the 20-km-long double-decker corridor—one at Koyambedu and another at Maduravoyal. Each of the three bridges will be 300 metres ..
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