
Alta Cap's EcoBox Industrial Acquires Land for Logistics Development

Vedanta To Invest Rs 132 Billion To Boost Aluminium Capacity
Anil Agarwal-led Vedanta Ltd plans to invest Rs 132 billion to expand its aluminium production capacity to 3.1 million tonnes per annum (MTPA) by FY28, up from the current 2.4 MTPA, according to industry sources.Anchoring aluminium at the core of its growth strategy, Vedanta aims to ramp up capacity in phases — first reaching 2.75 MTPA by FY26, and achieving 3.1 MTPA by FY28. The investment will be spread over the next few years, underscoring the company’s confidence in aluminium’s role in India’s industrial future.Aluminium, the world’s second most consumed metal after steel, is gai..

UCO, Punjab & Sind Bank Report Strong Q2 Credit Growth
State-owned UCO Bank has reported a 16.6 per cent year-on-year growth in credit to Rs 2.31 trillion for the second quarter of FY26, compared with Rs 1.98 trillion at the end of September 2024, according to a regulatory filing.The Kolkata-based lender also recorded a 10.8 per cent rise in total deposits to Rs 3.06 trillion, up from Rs 2.76 trillion in the same period last year. Its total business increased by 13.2 per cent, reaching Rs 5.37 trillion, compared with Rs 4.74 trillion a year earlier.The bank’s Current Account and Savings Account (CASA) ratio stood at 38.1 per cent of total deposi..

TNPGCL To Transport Coal For Udangudi Power Plant
The Tamil Nadu Power Generation Corporation Limited (TNPGCL) has invited tenders for the road transport of crushed coal from the Thoothukudi Thermal Power Station (TTPS) to the upcoming Udangudi Thermal Power Plant.TNPGCL Managing Director M. Govinda Rao explained that oil is typically used for the initial ignition of boilers and trial operations at new thermal power stations. “This helps the unit generate electricity before the main coal-firing system becomes operational. The first 660 MW unit of the Udangudi Thermal Power Station was synchronised with the state grid on 13 September and pro..