JK Tyre & Industries has partnered with German development finance institution DEG to secure €30 million in funding for the expansion of its Passenger Car Radial (PCR) tyre production in Madhya Pradesh. The expansion project, estimated at a total cost of €114 million, aims to boost JK Tyre’s market presence while fostering economic and social…
Madhya Pradesh Chief Minister Mohan Yadav inaugurated the Sarsi Island Resort in Shahdol district, marking a significant addition to the state’s tourism offerings. The resort, built by the Tourism Department, is located in the picturesque backwater region of Bansagar Dam in the Rewa division and is set to become a major attraction for nature lovers…
Royal Orchid Hotels Ltd (ROHL), known for its widespread hospitality ventures, continues its growth in India by making its debut in Chhattisgarh with the launch of Regenta Inn, Downtown Raipur. After the successful introduction of Regenta Place Jaipur, which tapped into the value-driven midscale market, the company is expanding its footprint by catering to younger…
Madhya Pradesh Chief Minister Mohan Yadav inaugurated the state’s first all-women-operated hotel, Amaltas, under the MP Tourism Corporation in Pachmarhi on 7th December 2024 . The hotel, located in one of the state's most popular hill stations, will be entirely managed by women, underscoring the government’s commitment to empowering women in the hospitality sector. Yadav…
Tata Power Renewables Energy, a subsidiary of Tata Power, has commissioned a 431 MW DC solar project in Neemuch, Madhya Pradesh, spanning across 1,635.63 acres. This project marks a significant advancement in India's renewable energy sector, as it integrates state-of-the-art single-axis trackers and bi-facial modules to optimize solar energy generation.
The company claims that this innovative…
In a significant development for wildlife conservation, Ratapani has been officially declared the 8th Tiger Reserve of Madhya Pradesh, following approval from the Central Government on December 2, 2024. This announcement elevates Madhya Pradesh's status as the "Tiger State" of India, reinforcing its commitment to tiger conservation and biodiversity preservation. With this declaration, India now…
Torrent Pharmaceuticals saw its stock rise by 2.37% to ₹3,178.15 after the United States Food and Drug Administration (USFDA) issued an Establishment Inspection Report (EIR) with a 'Voluntary Action Indicated' (VAI) classification for its manufacturing facility located in Pithampur, Madhya Pradesh.
The inspection, which took place from 16 to 20 September 2024, concluded with a…
Prakash Industries Ltd has reached a major milestone by securing a 30-year mining lease for the Bhaskarpara commercial coal mine, located in Surajpur district, Chhattisgarh. The mining lease was officially executed by the state government on November 21, 2024, and was registered the following day, granting Prakash Industries exclusive coal mining rights for the next…
Indian Hotels Company Limited (IHCL), one of India’s premier hospitality brands, has announced its plans to open a new Ginger hotel in Raipur, the capital of Chhattisgarh. This new property is part of IHCL's ongoing efforts to expand its portfolio and strengthen its presence in key markets across the country. The new hotel will follow…
