MANUFACTURING
Solar Industries To Buy South Africa’s Omnia For $1.355 Bn For Expansion
Solar SA Investments Proprietary Ltd, a wholly owned step-down subsidiary of Nagpur-based Solar Industries India Ltd, and Omnia Holdings Ltd have signed definitive agreements for the acquisition of Omnia’s outstanding shares in an all-cash transaction valued at approximately $1.355 billion (₹12,951 crore). Solar Industries, a manufacturer of industrial explosives, said the proposed acquisition would significantly […]
CW Bureau
·
Sep 14, 2026
ECONOMY
Deccan Gold Mines To Start Altyn Tor Gold Plant In Kyrgyzstan
Deccan Gold Mines Ltd is set to mark its transition from exploration and development to gold production with the inauguration of the gold processing plant at its Altyn Tor Gold Project in Kyrgyzstan on Saturday, September 12. Kyrgyz Republic President Sadyr N. Japarov will inaugurate the plant through an online ceremony. Senior management representatives of […]
CW Bureau
·
Sep 11, 2026
INFRASTRUCTURE
KIOCL Bets On Devadari Mine, Integration Projects To Drive Growth
Kudremukh Iron Ore Company Ltd (KIOCL), which has been in existence for 50 years, is preparing to shape its next phase of growth with a focus on operational expansion, raw material security and value-added capabilities. As the company enters FY27, its strategic priorities include accelerating the operationalisation of the Devadari Iron Ore Mine (DIOM), commissioning […]
CW Bureau
·
Sep 10, 2026
STARTUP/TECHNOLOGY
Avathon Establishes AI Centre Of Excellence In Bengaluru
Avathon, a leader in Autonomy for Operations, has established an AI Centre of Excellence (CoE) in Bengaluru, strengthening India’s role in its global AI innovation network. The centre will bring together AI scientists, engineers and technical leaders to advance Physical AI and frontier models for autonomous industrial systems across energy, mining and aerospace. The Bengaluru […]
CW Bureau
·
Aug 27, 2026
MANUFACTURING
Belrise Industries Buys Hyva India’s Tipper Body Business For $5.65 Mn
Pune-headquartered Belrise Industries Ltd has acquired the Tipper Body Business of Hyva India Pvt Ltd, a subsidiary of JOST Werke SE, for $5.65 million. The transaction, valued at an enterprise value-to-EBITDA multiple of about 3.6 times, strengthens Belrise’s position as a Tier-0.5 supplier in the commercial vehicle ecosystem. Strengthens commercial vehicle presence The acquisition aligns […]
CW Bureau
·
Aug 6, 2026
ECONOMY
WGC Unveils ‘Swarnim Udaan 2047’ Roadmap For India’s Gold Economy
The World Gold Council (WGC) has unveiled Swarnim Udaan 2047, a long-term roadmap aimed at strengthening India’s gold ecosystem as the country pursues its ambition of becoming a $30 trillion developed economy by 2047. Developed with Monitor Deloitte, the report calls for coordinated policy reforms across mining, jewellery manufacturing, financialisation, innovation and exports to unlock […]
CW Bureau
·
Aug 4, 2026
MANUFACTURING
Shiva Cement Set To Commercialise 2.4 Million Tonnes Of Dolomite Yearly
Shiva Cement Ltd, a subsidiary of JSW Cement Ltd, has received modified Environmental Clearance and Consent to Operate for its Khatkurbahal (North) Block limestone and dolomite mines in Odisha, enabling it to commercially mine and sell dolomite. The approval enables Shiva Cement to commercially undertake mining and sale of dolomite from the block. Dolomite mining […]
CW Bureau
·
Jul 28, 2026
INFRASTRUCTURE
Usha Martin Plans ₹250 Cr Annual Capex To Expand Hi-Growth Areas
Usha Martin Ltd, will continue to strengthen its primary growth engine core wire rope business while investing ₹200-250 crore annually to expand capacity in high-growth segments such as elevators, cranes and mining. The manufacturer of wire ropes and speciality steel products will remain focused on improving competitiveness through productivity gains, cost efficiency, digital transformation and […]
CW Bureau
·
Jul 28, 2026
ECONOMY
Coal India Insulates Indian Coal Users From Increasing Input Costs
Coal India Ltd (CIL) is absorbing a sharp rise in input costs, including explosives and industrial diesel, to insulate coal consumers from a cascading increase in energy prices. Rising input cost pressures The state-owned miner has refrained from passing on the cost escalation, despite significant increases in key inputs. The price of Ammonium Nitrate (AN), […]
CW Bureau
·
Apr 10, 2026
INFRASTRUCTURE
Hindustan Copper Posts 9% Growth In FY26 MIC Output, Charts Expansion
Hindustan Copper Ltd (HCL), the country’s only integrated copper miner, reported a 9% increase in metal in concentrate (MIC) production at 27,421 tonnes for FY26, marking its highest output in the past seven years. Ore production during the year rose 6% to 3.67 million tonnes, while sales of 27,367 tonnes of copper MIC represented the […]
CW Bureau
·
Apr 4, 2026
