Mahindra Logistics Limited expands its fulfilment operations in West Bengal
Mahindra Logistics Limited, a leading provider of integrated logistics solutions in India, is set to broaden its footprint in West Bengal. As part of this expansion, Mahindra Logistics will commence operations of a 1.1 lakh sq. ft. fulfilment centre in Malda, West Bengal, dedicated to handling fulfilment and last-mile deliveries. This centre is a critical […]
QTS Group Announce Andy Steel as New Managing Director
QTS Group is happy to announce that Andy Steel, currently the company’s Operations Director of Civils and Geotechnical, has been appointed as the new Managing Director (MD), effective Tuesday 2nd April 2024. The news follows the appointment of the current MD, Alan McLeish, to Group Chairman. Alan McLeish, who founded QTS in 1992, will remain an integral […]
NHAI Completes Largest InvIT Monetization of Over Rs. 16,000 CroreThrough ‘Round 3’
National Highways Infra Trust (NHIT), the infrastructure Investment Trust by the National Highways Authority of India (NHAI), has successfully concluded fund-raising through ’InvIT Round-3’forNational Highway stretches of aggregate length of 889 kilometers at an Enterprise Value of over Rs. 16,000 crore, which is the largest monetization by NHAI and one of the largest transactions in […]
NBCC SUCCESSFULLY EXECUTES 24TH E-AUCTION FOR SALE OF WTC NAUROJI NAGAR
NBCC (India) Ltd during 24th e-auction has sold approximately 2 lakh square feet of commercial space for approximately Rs. 830 crore in the World Trade Centre project at Nauroji Nagar, New Delhi. The major corporation who has bought space in this e-auction includes NBCC, Oil India Limited and Hamdard Laboratories. Out of the total area […]
Ashok Leyland and Minus Zero announce partnership to revolutionize Autonomous Trucking
Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer announced a strategic alliance with Minus Zero, India’s leading autonomous driving technology startup. This long-term partnership aims to revolutionize commercial trucking through the deployment of autonomous solutions at scale. The initial focus of this collaboration will be on developing […]
Metso launches Nordwheeler portable crusher for manufactured sand production
In response to the growing demand for sustainability, process flexibility and higher capacity, Metso’s Nordwheeler™ NW Rapid™ range expands with the new NW8HRC that is the first portable HRC 8™ crusher for manufactured sand. “We are proud to be the first global aggregates equipment manufacturer to launch a portable high pressure grinding roll (HPGR) crusher […]
Raimondi Cranes announces the appointment of Luigi Maggioni to CEO; jumpstarts corporate expansion with raft of new initiatives
Raimondi Cranes, heritage manufacturer of intelligently-designed scalable heavy lifting solutions, announced the appointment of Luigi Maggioni to the role of Group Chief Executive Officer effective immediately. The Board of Directors, represented by Raimondi Chairman HRH Prince Khaled bin Alwaleed bin Talal Al Saud, together with Executive Vice Chairman Ahmed Alkhoshaibi, formalized Mr. Maggioni’s appointment during […]
Tata Motors flags-off its next-gen, eco-friendly fleet of commercial vehicles to Tata Steel
To make Tata Steel’s supply chain greener with tractors, tippers and buses powered by LNG and Batteries Tata Motors, India’s largest commercial vehicle manufacturer, today flagged off its next-generation, green-fuel powered commercial vehicles to Tata Steel. The fleet includes Prima tractors, tippers and the Ultra EV bus, powered by Liquefied Natural Gas (LNG) and battery […]
Daimler India Commercial Vehicles announces the appointment of its Chief Financial Officer
Daimler India Commercial Vehicles (DICV), the wholly owned subsidiary of Daimler Truck AG (“Daimler Truck”) today announced that Mr. Alexander Schoen has been appointed as Chief Financial Officer, effective March 1, 2024. In his new role, Mr. Schoen will be responsible for steering DICV’s financial strategies, enhancing operational efficiencies and supporting the company’s growth objectives. […]
Ministry of Heavy Industries announces Electric Mobility Promotion Scheme 2024
With a total outlay of Rs. 500 crore Scheme to be implemented from 1st April to 31st July, 2024 To be applicable on electric two-wheeler (e-2W) and three-wheeler (e-3W) To provide further impetus to green mobility and promote electric vehicle manufacturing in the Country Electric Mobility Promotion Scheme 2024 (EMPS 2024) scheme is being introduced […]