Oil Companies Surpass Targets with Record Capex in FY24
Oil companies collectively invested ₹1,28,000 crore during the fiscal year 2023-24, surpassing their initial capital expenditure target by one-fifth and exceeding the previous year's...
Jindal Aluminium Unveils Future Ready Fabrication Division
Jindal Aluminium has launched a new fabrication division. Powered by in-house developed tools, the new segment is a value-added offering after Jindal Aluminium’s launch...
Sealmatic Collaborates with EcoTech for Mechanical Seals
In line with its plans to strengthen its footprint across the USA, Sealmatic, manufacturer of heavy-duty mechanical seal joined hands with EcoTech of USA...
Adani Power Launches Green Ammonia Blending Pilot at Mundra Plant
Adani Power Ltd. has initiated a pilot program to incorporate green ammonia as a fuel blend at its Mundra plant as part of its...
Solvay to Build Production Facility for Electric Vehicle Materials in Georgia
Solvay will build a new battery-grade PVDF facility in Augusta, Georgia. With more than half of U.S. car sales projected to be electric by 2030,...
Stamicarbon (MAIRE Group) Bags Licensing and Equipment Supply Contracts by Jiangsu Huachang Chemical Company
Jiangsu Huachang Chemical Company gives Stamicarbon, the nitrogen technology licensor of the MAIRE engineering group, licensing and equipment supply contracts for a urea melt...
NRL Achieves Record After-Tax Profit
Numaligarh Refinery Limited (NRL) achieved its highest-ever Profit After Tax (PAT) since its establishment, totaling ₹3,703 crore, compared to the previous fiscal year's ₹3,562...
IIT Madras Launches Platform for Startups to Access Government Funding
Researchers from the Indian Institute of Technology (IIT) Madras, operating under the Centre for Research on Start-ups and Risk Financing (CREST), have introduced an...
Parliamentary Panel Recommends Transferring Petrochemicals Department to MoPNG
The parliamentary standing committee on petroleum and natural gas has proposed the transfer of the department of petrochemicals back to the Ministry of Petroleum...
ONGC to Infuse Rs 15,000 Crores into OPaL
In a strategic move, the state-owned Oil and Natural Gas Corporation (ONGC) has announced its plans to inject approximately INR 15,000 crores into ONGC...
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