The 12-screen Superplex in Forum South Bengaluru, Kanakapura Road, Bengaluru, owned by PVR INOX, the biggest and most upscale movie theater exhibitor in India, has opened an ICE THEATERS® premium auditorium. After opening the first two in Delhi and Gurugram, this is the third ICE THEATERS® theater in the nation. By placing LED panels on [...]
Chief Minister Thakur Sukhvinder Singh Sukhu has said, the Himachal Pradesh government would introduce an effective policy to expand electric car charging stations in the state and engage private operators to put up e-charging stations with a 50% subsidy. Presiding over a high-level meeting on Sunday evening in Shimla, he said the policy would focus [...]
EMS Ltd, a major participant in the water and sewage infrastructure, announced on Monday that it had set a price range of Rs 200-211 per share for its Rs 321 crore initial public offering (IPO). The issue will open for public subscription during September 8-12 and the bidding for anchor investors will open on September [...]
Implementation of multiple proposed regulatory specifications can push up commercial vehicle prices by 10-12%, ratings agency ICRA said on Monday. In its report on the Indian commercial vehicle industry, ICRA said the domestic automotive industry is undergoing rapid transformations, with increased focus by the government on implementing emission norms, safety systems and other standards that [...]
Honda Cars India plans to introduce five sports utility vehicles in the country by 2030 as it looks to have a strong presence in the robustly growing segment, according to a top company executive. The company, a wholly-owned subsidiary of Japanese auto major Honda Motor Company, on Monday made a foray into the midsize SUV [...]
Ayana Renewable Power, one of the largest Independent Power Producers (IPP) in India and backed by National Infrastructure and Investment Fund (NIIF), British International Investment (BII) and Green Growth Equity Fund, has signed a Power Purchase Agreement with Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, for the supply of 100 [...]
Air India CEO Campwell Wilson stated that the group airlines has recruited and onboarded 650 pilots since April 2023. To enhance airline services to the US and increase capacity, Air India Widebody Boeing 777 fleet will have two more by the first week of September in addition to the 2/3 long grounded 787s that have [...]
Recycling industry participant Vikas Lifecare announced on Friday that its board had approved funding up to Rs 40 crore through the preferential sale of convertible warrants. The proposal is subject to the approval of the shareholders at the next annual general meeting which has been scheduled for later this month, the company said in a [...]
State-owned NMDC said on Friday that iron ore production increased by 37.5% to 3.41 million tonnes (MT) in August 2023. The miner had produced 2.48 MT of iron ore in the same month last year. During August, the company's sales also rose by 25 per cent to 3.54 MT from 2.83 MT in August 2022. [...]
State-owned SAIL on Thursday said it has supplied 4,000 tonnes of steel plates for the construction of the seventh frigate ship as part of the P17A project of the Indian Navy. Six of the seven ships that will be built as part of the P17A Project have already been launched between September 2019 and August [...]
