Sat Kartar Life to Establish ₹0.70 Cr Hospital-cum-Therapy Centre in Dehradun
Sat Kartar Life Limited has signed a Letter of Intent to establish a 20-bed hospital-cum-therapy centre in Dehradun, Uttarakhand. The project involves an estimated investment of ₹70 Lacs and is part of the company's broader strategy to expand its healthcare delivery network through Ayurveda-based therapies.
Mercury Ev-Tech Expands Network with 100 New Dealers and Secures GEDA Subsidy Clearance
Mercury Ev-Tech Ltd has announced a significant distribution milestone by appointing 100 new dealers across India over the last four months. Additionally, the company secured clearance from the Gujarat Energy Development Agency (GEDA), making its electric two-wheelers and three-wheelers eligible for state-level subsidies.
NHC Foods Establishes First African Manufacturing Facility in Liberia Free Zone
NHC Foods Ltd has announced its strategic entry into the African manufacturing sector by signing a binding Heads of Terms for its first food processing facility in Liberia. The project, located in the Monrovia Industrial Free Zone, will focus on the production of fruit juices and allied beverage products for the West African market.
Danish Power to Invest ₹150 Crore in Greenfield Capacity Expansion for Transformers
Danish Power Limited has announced a major greenfield expansion to its manufacturing footprint, adding 12,000–15,000 MVA in transformer capacity. The project targets the high-value 400 kV voltage class segment and involves an estimated investment of ₹150 crore to ₹200 crore.
Gujarat Ambuja Exports to Invest ₹333 Crore for 850 TPD Corn Milling Plant in Hubli
Gujarat Ambuja Exports Limited has approved a ₹333 crore investment to set up a new 850 TPD Greenfield Corn Wet Milling Plant in Hubli, Karnataka. The project aims to more than double the company's existing Hubli capacity and aligns with its long-term target of reaching 9,000 TPD processing capacity by 2030.
IOLCP Unveils ₹495 Crore Expansion Plan: 50% Ibuprofen Capacity Boost and CDMO Entry
IOL Chemicals and Pharmaceuticals (IOLCP) has initiated a multi-pronged ₹495 crore expansion strategy at its Barnala facility to solidify its global leadership in Ibuprofen and diversify into higher-margin segments. The plan includes a massive 50% capacity hike for its core Ibuprofen product alongside the launch of new CDMO and specialty chemical verticals.
Gretex Corporate Services Expands Reach; Subsidiary Opens New Ahmedabad Branch
Gretex Corporate Services Limited has announced the opening of a new branch office in Ahmedabad through its material subsidiary, Gretex Share Broking Limited. This expansion is part of the company's strategy to strengthen its presence in key financial markets and support its growing merchant banking operations.
Oriental Rail Infrastructure Partners with VNICTT for 25-Tonne Axle-Load Bogie Design
Oriental Rail Infrastructure Ltd, through its subsidiary Oriental Foundry Private Limited, has signed a Technology Development Agreement with Russia's VNICTT. The partnership aims to develop high-capacity 25-tonne axle-load bogies and solid-bottom gondola cars for the Indian railway sector.
Promoter Entity Shree Saibaba Exim Acquires 1.09% Stake in Evexia Lifecare via Open Market
Shree Saibaba Exim Private Limited, a promoter group entity, has increased its stake in Evexia Lifecare Limited through a significant open-market purchase. The acquisition involves 2,03,95,000 equity shares, representing 1.0863% of the company's total voting capital.