Infrastructure

Aurassure raises Rs. 4 Cr in seed round from Unicorn India Ventures Bhubaneswar-based IoT enabled climate tech startup Aurassure has raised Rs 4 crore in a seed round led by Unicorn India Ventures. “The funds raised will be deployed to strengthen product capabilities by creating a data analytics team, acquiring product certifications for international scaling, and sales team expansion for growing reach to multiple cities,” the start-up said. Aurassure using its powerful...

PM lays foundation stone for Rs. 49,000 Cr petrochem project in MP Prime Minister Narendra Modi laid the foundation stone for Rs. 49,000 crore petrochemicals project at Bharat Petroleum Corporation Ltd's (BPCL) Bina Refinery in Madhya Pradesh. The Project involves increase in BPCL’s Bina Refinery capacity from 7.8 MMTPA to 11 MMTPA. “The entire project will be completed in 5 years and will save Forex outgo of Rs. 20,000 crores per...

eTrans Solutions acquires Ranet4u, aims Rs. 100 Cr turnover in 3 years eTrans Solutions Pvt Ltd, a Kolkata-based e-logistics, fleet management solutions company, recently completed the acquisition of Bengaluru based Telematics and IoT company Ranet4u - a subsidiary of Rane Holdings. As per the acquisition agreement, Rane Holdings. has been allotted 8,62,505 (Eight lakhs sixty two thousand five hundred and five) Equity Shares having face value of Rs.10/- each, in exchange...

3A Composites’ ALUCOBOND launches new Series of Colours & Surfaces ALUCOBOND, a flagship brand of a Swiss major 3A Composites, which is a global innovator and manufacturer of high-quality aluminium composite materials, has launched a unique and classic range of colours and surfaces to boost its premier portfolio. The three new offerings are: Colourscapes, Concrete and Grove. With addition of these three series, ALUCOBOND has presented a new captivating portfolio of...

JK Cement to set up Grinding Unit in Prayagraj, invests Rs. 500 Cr JK Cement Ltd. to set up its grinding unit in Prayagraj, Uttar Pradesh with an investment of approximately Rs. 500 crores. Commenting on the expansion, Dr. Raghavpat Singhania, Managing Director, JK Cement said, "As India accelerates its infrastructure development to sustain robust economic growth, we are continually scaling our capacities to cater to escalating demands from the infrastructure,...

56 Secure launches Ultra-Fast SOS System in Bangalore 56 Secure, a connected security platform, introduces its Ultra-Fast SOS System, an emergency response technology. With an initial rollout encompassing 70 pin codes in Bangalore, 56 Secure takes the lead in redefining safety standards for urban living. More than just a simple panic button, the SOS feature is deeply integrated with 56 Secure's smart location technology, Cerebro. This system processes over seven million...

Gulf Oil Lubricants buys 51% in Tirex Transmission for Rs 103 Cr In a strategic move to strengthen its presence in the electric vehicle (EV) segment, Gulf Oil Lubricants India Limited (GOLIL), a Hinduja Group Company, announced to acquire controlling stake in Tirex Transmission Pvt Ltd for Rs. 103 crores. “This is part of Gulf’s global ambition towards being a leader in the EV charging ecosystem, a market which is...

Cabinet approves PM e-Bus Sewa, allocates Rs 57,613 Cr for 10,000 new e-buses The Union Cabinet chaired by the Prime Minister Narendra Modi, has approved the “PM-eBus Sewa” scheme for augmenting city bus operation by 10,000 e-buses on PPP model. “The Scheme would have an estimated cost of Rs.57,613 crore, out of which support of Rs.20,000 crore will be provided by the Central government. The Scheme will support bus operations for...

The Big Interview with Dr. Sanjay Mukherjee, MMRDA Chief | mojo4industry Exclusive Welcome to an exclusive edition of "The Big Interview," where we bring you the latest insights from influential personalities shaping the world. Today, we are privileged to host a groundbreaking interview with the newly appointed Commissioner of the Mumbai Metropolitan Region Development Authority (MMRDA), Dr. Sanjay Mukherjee. Dr. Mukherjee, congratulations on your recent appointment as the Chief of MMRDA....

Schneider Electric launches new Data Center Infrastructure Management Software Schneider Electric announced the modernization of its EcoStruxure IT software portfolio for the monitoring and management of sprawling, hybrid IT infrastructure, which has become increasingly complex in the last few years. As IT infrastructure continues to spread, business continuity is dependent on everything from the smallest endpoint to the largest data center. Therefore, edge deployments are now considered as mission-critical as centralized...

Construction equipment industry registers 18% YoY growth in Q1 Construction equipment sales grew by 18% in Q1 of FY 2023-24, as compared to Q1 of the last fiscal year, as the total equipment numbers sold increased to 27,244, against 23,037 numbers of equipment sold in the first quarter of FY 2022-23. Of this, 24,806 were sold domestically while 2,438 were exported, a report published by Indian Construction Equipment Manufacturers Association...

SANY India Delivers 8 Crawler Cranes to Sanghvi Movers SANY India, a prominent construction equipment manufacturer, achieved a significant milestone by delivering 8 units of the SANY SCC7500A 750 Ton crawler cranes to Sanghvi Movers Limited (SML), one of India's largest crane rental companies and the 6th largest globally in terms of fleet size. With this delivery, SML now owns 10 units of the SANY SCC7500A, making it the company...

Hendrickson Launches Trailer Suspensions & Axles in India Hendrickson, the global leader in medium and heavy-duty suspensions and axles, has introduced their latest air and mechanical suspension systems for trailers in India. With a strong presence in the Indian market since 2006, Hendrickson is now expanding its manufacturing capabilities to better serve customers in Europe, the Middle East, and Asia. Watch President and CEO, Matthew Joy along with Mohit Khosla, Whole-time...

Vitesco Technologies Delivers E-Drive to Honda Vitesco Technologies, a leading global supplier of advanced drive technologies and electrification solutions, is providing Honda with its integrated axle drive EMR3 (3rd generation, Electronics Motor Reducer) for their new B-segment all-electric SUV. In Europe, this vehicle will be known as the e:Ny1 and is based on Honda's latest e:N Architecture F. The EMR3 is a cutting-edge 3-in-1 unit that combines power electronics, electric motor,...

“Mumbai needs proper fire evacuation system in monsoon” The city's growing infrastructure is still fighting for a fire evacuation solution. It is always a question of whether the existing firefighting systems are good enough or not. Here’s an article from Dr. Vikram Mehta, MD of SPARTAN Fire Evacuation Lift. Mumbai ranks 17th worldwide and 14th in Asia for tall buildings, with 100 buildings over 150m in height. The city dominates the...