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German Technology Leader SIKORA Acquired by MAAG Group For EUR 550 Million

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The cooperation between the MAAG Group and SIKORA AG opens up a wide range of technological and geographical synergies. SIKORA’s expertise in measuring and control technology ideally complements the MAAG Group’s portfolio in the areas of pump, filtration and pelletizing systems.  May 7, 2025 The MAAG Group, leading international group......
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India’s First Compliance-Based Domestic Carbon Market Takes Shape With Draft Notification

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The notification issued by the MoEFCC underscored the Greenhouse Gas Emission Intensity (GEI) Targets for 2025, applying to sectors such as aluminium, cement, chlor-alkali, and pulp and paper. May 5, 2025 The Ministry of Environment, Forest and Climate Change (MoEFCC) has released a draft notification for the setting up of......
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Vedanta Unveils USD 1.5–1.7 Billion Capex Plan for FY 2025–26

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Vedanta Limited plans a significant capital expenditure ranging from USD 1.5 to 1.7 billion for the financial year 2025–2026, aiming to strengthen its businesses, including aluminium, power, zinc, oil & gas, and steel, through capacity expansion and operational efficiency. Apr 23, 2025 Vedanta Limited has announced a significant capital expenditure......
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RR Kabel Announces INR 1,450 Crore Capex at Silvassa & Waghodia

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RR Kabel will invest around INR 1,050 crore at its Waghodia facility to enhance production capacity by 36,000 MTPA and INR 400 crore at the upcoming unit near Silvassa to take its overall capacity to 18,000 MTPA. May 5, 2025 In order to cater to the rising domestic and export......
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Mukand Limited Announces Strategic Demerger of MSMPL’s Stainless Steel Bars and Wires Business

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Mukand Limited has announced the demerger of Mukand Sumi Metal Processing Limited (MSMPL), a subsidiary engaged in the production of stainless steel cold finished bars and wires, as per its stock exchange filing.  Apr 30, 2025 Mukand Limited has announced the demerger of its subsidiary, Mukand Sumi Metal Processing Limited......
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Diamond Power Bags Over INR 300 Crore Contract to Supply Power Cables

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Diamond Power Infrastructure Limited has secured major contracts to supply high-tension power cables for key utility projects, worth over INR 300 crore. Apr 29, 2025 Diamond Power Infrastructure Limited has received letters of intent for the supply of power cables-approximately INR 150 crore from Rajesh Power Services Limited for a......
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NKT Signs EUR 1 Billion Supply Agreement with Hydro for Low-Carbon Aluminium Wire Rod

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NKT has signed a landmark supply agreement with Hydro to secure a long-term supply of low-carbon aluminium wire rod till 2033, with an estimated contract value of approximately EUR 1 billion. Apr 29, 2025 NKT has signed a supply agreement with Hydro to secure a long-term supply of low-carbon aluminium......
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PWM Showcases Cold Welder for Trapezoidal Wire

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PWM will exhibit TR45 cold welders for trapezoidal wire at Interwire 2025 for the first time. The TR45 is designed specifically for welding non-ferrous trapezoidal wire up to 45mm² (0.0697 sq.in.) cross-sectional area. Apr 06, 2025 PWM’s innovative TR45 cold welder for trapezoidal wire will be exhibited at Interwire for......
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