Kolkata: Storage battery major Exide Industries is likely to invest Rs 1,400 crore more this fiscal in its Bengaluru-based lithium-ion cell manufacturing plant to take the total investment to Rs 6,000 crore, MD and CEO Avik Roy said after the company’s annual general meeting on Friday. The first phase has a capacity of 6 GWh.Roy…
Kolkata: Storage battery major Exide Industries is likely to invest Rs 1,400 crore more in the first phase its Bengaluru-based lithium-ion cell manufacturing plant in the current fiscal, MD and CEO Avik Roy said after the company’s annual general meeting on Friday. The first phase, with a capacity of 6 GWh, has already attracted over…
Patna: In a major boost to Bihar’s industrial growth, the project clearance committee (PCC) of the Bihar Industrial Area Development Authority (Biada) has approved 29 industrial projects and allotted around 37 acres of industrial land along with Plug-and-Play sheds to facilitate the early establishment and operationalisation of these units.The approved projects are expected to attract…
Kolkata: Larsen & Toubro (L&T) plans to invest more than Rs 4,500 crore in Bengal over the next few years, with chairman S N Subrahmanyan expected to meet CM Suvendu Adhikari next month to discuss a series of investment proposals.Dip Kishore Sen, adviser to the L&T chairman and managing director, told TOI that Subrahmanyan is…
BengaluruAlready under duress over maintaining an ageing fleet and legacy issues of mismanagement of the available resources, the four road transport corporations (RTC) corporations are now facing a double whammy with the existing Shakti guarantee scheme and the newly announced free bus services for all students– male and female.At a recent meeting with chief minister…
Jaipur: Rajasthan Renewable Energy Corporation Ltd (RRECL) has invited bids for 201 MW of grid-connected solar projects to power public health engineering department (PHED) water-supply connections under the Virtual Net Metering (VNM) framework.Issued on June 12, the tender marks the first phase of a 500 MW programme aimed at reducing electricity costs for one of…
Varanasi: The Economic Offences Wing (EOW), Varanasi, on Friday arrested two ration dealers involved in a food grain scam that took place in 2004–05 in Jaunpur district.The arrested dealers were identified as Mohammad Ahmad and Lalbahadur Maurya. They were produced before the corruption court in Varanasi, from where they were sent to jail.According to EOW…
Patna: CM Samrat Choudhary on Saturday called for a collective and sustained effort to make Bihar prosperous, saying people would have to work 20 hours a day to transform the state and accelerate its development journey.Addressing an investor awareness programme in the state capital, he said, “Neither will I sleep nor let others sleep. Na…
Ludhiana: A man allegedly posing as a cop duped two fruit vendors of cash and a mobile phone in the Jamalpur. Police have registered a case against the accused, Gurjit Singh of Jhambewal village.The complainant, Sunil Yadav of Mundian Kalan, told cops that he and his cousin, Chand Kishore Yadav, were selling fruits on 33-Foot…
Inaugurated on May 1, the 13.3km corridor has been opened exclusively to passenger vehicles and buses Pune: The Mumbai-Pune Expressway’s ‘Missing Link’ corridor is unlikely to be opened to heavy vehicles even after the planned six-month review. The Maharashtra State Road Development Corporation (MSRDC) has indicated that the current traffic arrangement was functioning effectively and…
