Articles for tag: Airport, Construction, Crore, Engineering, Enhancing, Expanding, Footprint, Global, Kalpataru, Orders, Projects, Secures

September 12, 2024

Kalpataru Projects secures ₹2,774 crore in new orders, expanding into airport construction and enhancing its global engineering footprint.

Kalpataru Projects International Ltd (KPIL), a leading engineering and construction company in India, has secured new orders worth Rs 2,774 crore. These projects include significant work in Transmission & Distribution overseas and an EPC project for the Airports Authority of India, as well as a Design & Build project for residential buildings in India. Manish ...

September 11, 2024

Market News

Business

Samsung plans to cut up to 1,000 jobs in India and reduce global workforce by 30% amid economic pressures.

Samsung Electronics, the leading global manufacturer of smartphones and memory chips, is set to lay off up to 30 percent of its overseas staff, potentially affecting around 1,000 employees in India. The company plans to reduce its sales and Marketing workforce by 15 percent and administrative staff by 30 percent across various regions, including the ...

September 11, 2024

Market News

Business

Amidst global turmoil, S Jaishankar forges new alliances with Germany, discussing security, trade, and evolving international dynamics.

External Affairs Minister S. Jaishankar is currently in Germany as part of a three-nation tour. During his visit, he met Michael Roth, the chairman of the German Parliament’s Foreign Affairs Committee, to discuss global challenges and explore new avenues for collaboration between India and Germany. Jaishankar also engaged in a dynamic conversation with foreign policy ...

September 11, 2024

Market News

Business

Stock markets face uncertainty as investors react to global trends and await crucial economic data, with oil prices hovering low.

On Wednesday, September 11, 2024, India’s stock Market is set to open cautiously, following global trends. The Sensex and Nifty indices are expected to show mixed results, with GIFT Nifty futures down 5 points at 25,092. Investors are closely watching oil prices, which are nearing three-year lows, and the recent OPEC cuts in crude demand ...

September 10, 2024

Market News

Business

Amid declining global fuel demand, ONGC Videsh pivots to securing overseas projects, prioritizing renewable transitions for sustainable growth.

ONGC Videsh, India’s leading overseas oil and gas company, is strategically focusing on acquiring stakes in producing assets abroad as global demand for refined fuels is expected to decline due to the shift towards renewable energy. According to Anupam Agarwal, the company’s head of finance, long-term exploration projects are not a priority, and efforts are ...

September 10, 2024

Market News

Business

HCLTech to unveil innovative AI solutions at SEMICON India 2024, as India advances in the global semiconductor arena.

The AI Market in India is projected to grow at an impressive rate of 25-35% annually, reaching a valuation of $7-10 billion by 2027. In this thriving landscape, HCLTech will present its generative AI chatbot and other innovative solutions at the upcoming SEMICON India event, starting September 11. Inaugurated by Prime Minister Narendra Modi, the ...

September 10, 2024

Market News

Politics

Modi’s UAE Pact: Energy Boost or Politically Charged Play? Leaders Dance Amid Global Crises and Public Scrutiny!

India and the United Arab Emirates (UAE) have strengthened their energy cooperation by signing four agreements during Prime Minister Narendra Modi’s meeting with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. Key agreements include a long-term LNG supply deal between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation, along ...

September 9, 2024

Market News

Business

IndiGo Airlines aims for global dominance by 2030, expanding routes and cargo capabilities, while launching a business class by 2025.

IndiGo Airlines is planning significant international expansion and improvements in its cargo operations to become a major global player by 2030. CEO Pieter Elbers announced the goal to double the number of international destinations to 40 by March 2025, targeting new markets for Indian travelers. The airline will also launch its business class offering, called ...

September 8, 2024

Market News

Business

Signature Global embarks on a ₹1,144 crore luxury housing project in Gurugram, achieving record pre-sales in mere days.

Signature Global has awarded a construction order worth Rs 1,144 crore to Ahluwalia Contracts for their luxury housing project, ‘De-luxe DXP,’ located in Gurugram’s Sector 37D along the Dwarka Expressway. Spanning 16.65 acres, this ambitious project will feature 1,008 residential units and a total developable area of 28.12 lakh square feet. Construction has already begun, ...

September 8, 2024

Market News

Business

Vedanta’s bold demerger aims to transform asset management into ownership, investing .9 billion to become global industry leaders.

Vedanta’s bold demerger aims to transform asset management into ownership, investing $1.9 billion to become global industry leaders.

Vedanta Ltd is undergoing a major transformation with a proposed demerger of its various business units, which cover over 15 commodities. This strategic move aims to transition the company from asset managers to asset owners, allowing it to create independent companies focused on sectors like aluminium, oil and gas, power, and steel. With 75% approval ...