Kansai Nerolac Paints Ltd. (KNPL) is in the process of finalising its 68 per cent stake in one of the leading paint manufacturers in Nepal, Nepal Shalimar Pvt. Ltd. (NSPL).
In an attempt to consolidate market position and as part of its backward integration plan, real estate company Arihant Superstructures Limited (ASL) plans to set-up fly ash Autoclaved Aerated Concrete (AAC) blocks plants with Rs. 50 crore investment.
Real estate arm of Essar Group, Equinox Realty, offers serviced office space specifically catering to the requirements of small businesses and entrepreneurs.
Disney Consumer Products India announced its association with Sunteck Realty, a Mumbai-based real estate company to launch Disney Inspired Homes in Mumbai.
Alstom has secured orders worth approximately Rs. 530 crore from Bharat Heavy Electricals Limited (BHEL) for 2x660 MW supercritical boilers project in India. Alstom to supply components and services for the 660 MW supercritical boilers at NTPC sites of two units located in Mouda, Maharashtra. These 660 MW supercritical power boilers were awarded to BHEL as part of the NTPC Bulk 660 MW tender.
Reliance Industries Limited (RIL) has announced that it has selected Technip as a technology supplier and engineering contractor to implement its Refinery Off-Gas Cracker (ROGC) project
Power and automation technology group, ABB, has developed and tested a 1,100 kV ultrahigh-voltage direct current (UHVDC) converter transformer breaking the record for the highest DC voltage levels ever, and facilitating more power to be transmitted efficiently over longer distances.