Warehousing and logistics absorption rises 8% in H1 2024

Auto Sector Can Cut Emissions by 87% by 2050: CEEW

India’s automobile industry could reduce its manufacturing emissions by 87 per cent by 2050 through a shift to green electricity and low-carbon steel, according to a study released by the Council on Energy, Environment and Water (CEEW).The report estimates that if original equipment manufacturers (OEMs) and their suppliers target net-zero emissions by 2050, annual emissions could fall from a projected 64 million tonnes of CO₂ (under the business-as-usual scenario) to just 9 million tonnes. This would require OEMs to adopt 100 per cent green electricity and steel suppliers to source 56 per ..

Dalmia Eyes JP Assets, Plans Backup Expansion in Jaisalmer

Dalmia Bharat remains committed to acquiring Jaiprakash Associates’ (JAL) assets as part of its nationwide growth strategy. However, in parallel, the company is preparing a Plan B involving a greenfield expansion in Jaisalmer, with a final review expected by the end of FY26.Puneet Dalmia, Managing Director and CEO, stated that while the company awaits the outcome of its Rs 57 billion bid for JP assets, it continues developing alternative growth routes. Dalmia Bharat concluded FY25 with a cement capacity of 49.5 million tonnes per annum (mtpa) and expects to add 14 to 14.5 mtpa through ongoin..

RVNL Completes Survey for Purple Line’s Eden Gardens Stretch

In a major development for Kolkata’s metro commuters, Rail Vikas Nigam Limited (RVNL) has completed the survey for a 1.6-kilometre extension of the Purple Line from Esplanade to Eden Gardens. The survey followed a special clearance from Raj Bhavan, as the alignment will run close to the Governor’s residence lawns before reaching the site of the fifth underground station of the corridor.Officials noted that such surveys are essential to assess terrain, soil conditions, and project feasibility, which ultimately shape construction techniques and costs.Currently, the Purple Line spans 14.4 kil..