6 minutes ago

Ocado has secured a new agreement to build a large robotic warehouse for a fast-growing European retailer, providing fresh momentum to its technology solutions business after a challenging period. The automated facility is expected to become operational in 2028 and will use Ocado's latest fulfilment technology. The deal comes after the company's shares came under pressure following weak first-half results and amid changes in its partnerships in North America. The agreement also follows Ocado's recent technology partnership with Asda, reflecting its continued focus on expanding its automation business.Read more

1 hour ago

GreenLine Mobility has partnered with Dabur India to deploy LNG-powered trucks for the FMCG company's logistics operations across India. The collaboration is aimed at reducing emissions from long-haul freight while maintaining operational efficiency and reliability. It also aligns with Dabur India's sustainability goals and reflects the increasing adoption of lower-emission transport solutions by Indian businesses. GreenLine, which operates a fleet of more than 1,000 LNG-powered trucks across key freight corridors, continues to expand its presence across sectors including FMCG, steel, cement, mining and chemicals.Read more

4 hours ago

Merlinhawk Aerospace has partnered with Boeing Defence India to provide in-country maintenance and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems used on Indian military platforms. The collaboration will be supported through Merlinhawk's L3Harris WESCAM Authorised Service Centre in Bengaluru, helping reduce dependence on overseas repairs. The partnership is expected to improve turnaround time, fleet availability and mission readiness while supporting the government's focus on strengthening indigenous defence manufacturing and sustainment capabilities under the Atmanirbhar Bharat initiative.Read more

23 Jul 2026

Steel Authority of India Ltd (SAIL) has granted in-principle approval to expand the capacity of its flagship Bhilai Steel Plant in Chhattisgarh from 6.8 million tonnes per annum (MTPA) to 10.2 MTPA with an estimated investment of INR 31,000 crore. The project is expected to create direct and indirect employment during construction and operations. The expansion will be supported by raw materials sourced from SAIL's captive mines as well as domestic and imported supplies, with the project targeted for completion within 42 months.Read more

23 Jul 2026

COSCO SHIPPING Specialized Carriers plans to expand its fleet through a major investment in new vessels. The company said one of its subsidiaries or an affiliated company will invest up to USD 384.31 million (around 2.6 billion yuan) to construct eight vessels. The investment is aimed at strengthening the company's shipping capacity and supporting its long-term fleet expansion strategy. The move comes as global shipping companies continue to modernise fleets and improve operational efficiency to meet evolving trade and logistics requirements.Read more

23 Jul 2026

ACME Solar Holdings has signed a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid renewable energy project. The agreement increases the company's PPA-backed portfolio to 6,870 MW out of its total contracted capacity of 8,070 MW. The project will use ACME Solar's existing grid connectivity in high solar irradiation and wind resource locations and will supply power at a minimum annual capacity utilisation factor of 30 per cent, further strengthening its renewable energy pipeline.Read more

22 Jul 2026

Brookfield Asset Management and Canada Pension Plan Investment Board (CPP Investments) have agreed to acquire LXP Industrial Trust in an all-cash transaction valued at around USD 5.2 billion. The deal reflects continued investor interest in industrial real estate, particularly warehouse and logistics assets, which continue to benefit from rising e-commerce activity and supply chain upgrades. LXP's shares gained in premarket trading following the announcement. The acquisition is expected to be completed in the fourth quarter of 2026, subject to shareholder approval and other customary closing conditions.Read more

22 Jul 2026

Mahindra Logistics reported a strong financial performance for the first quarter of FY27, driven by growth across its contract logistics, express and mobility businesses. Standalone profit after tax increased nearly five times year-on-year, while consolidated operations returned to profitability. Revenue grew 23 per cent on both standalone and consolidated bases, supported by new customer additions, higher warehouse capacity and improved operational efficiencies. The company also reported continued expansion in e-commerce and quick commerce logistics, alongside a sustained turnaround in its express business.Read more

22 Jul 2026

The Centre has allowed four companies with substantial ownership by entities from countries sharing a land border with India to participate in procurement bids for power projects for a two-year period beginning from June 24, 2026. The decision is subject to compliance with domestic content norms and comes with strict quality and cybersecurity safeguards. The government said the move is aimed at improving competition, ensuring price stability, addressing supply constraints, and supporting the objectives of the Atmanirbhar Bharat initiative, while maintaining national security through mandatory certification and testing.Read more

22 Jul 2026

Hut 8 has signed a second 15-year AI data centre lease worth USD 9.8 billion with an existing investment-grade customer, fully commercialising its 1-gigawatt Beacon Point campus in Texas. The agreement doubles the customer's contracted capacity at the site to 704 MW and raises the campus' base-term contract value to USD 19.6 billion. The company has expanded its total contracted AI data centre portfolio to 949 MW as demand for AI computing infrastructure continues to grow, supported by rising investments in advanced data centres worldwide.Read more

22 Jul 2026

Bondada Engineering has secured an order from NTPC Renewable Energy Ltd to develop a 100 MWh Vanadium Redox Flow Battery Energy Storage System (VRFB BESS) at Gujarat's Khavda Solar Park. The project, to be executed with Delectrik Systems Pvt Ltd as the technology partner, also includes a 10-year operations and maintenance contract. While the project value has not been disclosed, the order marks Bondada Engineering's entry into long-duration energy storage technologies and supports India's growing focus on strengthening renewable energy integration into the national power grid.Read more

22 Jul 2026

Himachal Pradesh is preparing to roll out a new industrial policy that will include lower electricity tariffs for industries as part of its efforts to attract fresh investments. The state government has reiterated its focus on uninterrupted power supply, green energy, IT infrastructure and industrial connectivity. Alongside plans to strengthen clean energy projects, the government is also advancing key infrastructure initiatives, including the Chandigarh-Baddi railway line and an IT park in Solan district, while continuing discussions on the state's share in Chandigarh.Read more

22 Jul 2026

DCM Shriram Ltd has signed an agreement with Serentica Renewables India Pvt Ltd to develop a 58 MW (peak) hybrid renewable energy project for its manufacturing operations in Bharuch, Gujarat. As part of the deal, the company will invest up to INR 105 crore to acquire a minimum 26% equity stake in Serentica Renewables India. The project is scheduled for commissioning by June 2027 and will increase DCM Shriram's total renewable energy capacity to 176 MW (peak) across its Bharuch and Kota facilities, supporting its transition towards cleaner energy.Read more

21 Jul 2026

Governments and local authorities across several countries are tightening regulations on new data centre developments as the rapid growth of artificial intelligence drives higher demand for electricity, water and land. Measures range from temporary construction freezes and permanent bans to stricter power connection rules and new policy frameworks. While authorities are aiming to balance technological growth with infrastructure capacity and environmental concerns, many regions are also introducing long-term planning measures to ensure essential public services and industries are prioritised.Read more

21 Jul 2026

A fire at Coupang's fulfilment centre in Incheon continued to burn for more than 52 hours, prompting authorities to evacuate nearby factories and businesses over fears of a partial building collapse. All workers were safely evacuated and no injuries were reported. The cause of the fire remains under investigation. The warehouse plays a key role in serving the Seoul metropolitan area, although the company has not yet disclosed the extent of operational disruption or financial impact caused by the incident.Read more

21 Jul 2026

• JSW MG Motor India will invest INR 1,400 crore in FY27 to expand manufacturing capacity, increase localisation and support new product development in India.
• The investment will raise annual production capacity at the Halol, Gujarat, plant from 1.2 lakh units to 1.6 lakh units by March 2027.
• The company plans to launch four new passenger vehicles during the financial year, spanning electric, hybrid and internal combustion engine segments as part of its multi-powertrain strategy.
• JSW MG Motor India will also increase localisation levels, with the MG Windsor expected to surpass 70 per cent local content, aiming to strengthen domestic manufacturing and reduce supply-chain dependence.Read more

21 Jul 2026

ACME Solar Holdings has secured long-term project financing of INR 2,646.64 crore from REC Limited for its 450 MW/1,800 MWh Firm and Dispatchable Renewable Energy (FDRE) project. The funding will support the project's development and construction, with REC acting as the sole lender for 20 years. The project, backed by a 25-year power purchase agreement with SJVN Limited, combines solar power with battery energy storage to deliver reliable peak power and strengthen India's clean energy infrastructure.Read more

20 Jul 2026

• The Kazipet Rail Manufacturing Unit in Telangana is nearing completion and will begin manufacturing 200 next-generation intercity trains over the next five years, Union Railway Minister Shri Ashwini Vaishnaw announced.
• The trains are being designed for short-distance travel of around 300 km with frequent stops, offering improved regional connectivity between towns and cities.
• The new fleet will feature modern passenger amenities, energy-efficient technologies and enhanced safety systems to support affordable and sustainable rail transport.
• The manufacturing unit is expected to strengthen India's rolling stock production capacity while supporting the expansion of regional passenger rail services across the country.Read more

20 Jul 2026

Thousands of documents reportedly linked to the Kudankulam Nuclear Power Plant (KKNPP) have been exposed following an alleged ransomware attack, prompting an investigation by Indian authorities into the cybersecurity incident. The leaked material is said to include technical drawings, contractor records and project-related documents associated with the plant's expansion works. While officials have confirmed that the incident is being examined, the Nuclear Power Corporation of India Limited (NPCIL) has stated that no nuclear safety or security systems have been affected. The breach has renewed attention on the cybersecurity of India's critical infrastructure as the country continues to expand its nuclear power capacity.Read more

20 Jul 2026

NPCIL and NTPC Ltd's joint venture, Ashvini, is set to invite bids for an Engineering, Procurement and Construction (EPC) contract worth approximately INR 28,000 crore for the nuclear island package of the Mahi Banswara Rajasthan Atomic Power Project. The tender marks a significant milestone in India's nuclear power expansion, with the project expected to strengthen clean energy capacity and support long-term electricity demand. The development also creates substantial opportunities for engineering, construction and infrastructure companies.Read more