INFRASTRUCTURE Cabinet Committee On Economic Affairs Clears ₹9,450 Cr Rail Projects

The Cabinet Committee on Economic Affairs has approved four multi-tracking projects of the Ministry of Railways with a total investment of ₹9,450 crore, covering 410 km across West Bengal, Odisha, Tamil Nadu and Andhra Pradesh. The projects include the Kharagpur-Bhadrak (Ranital) fourth line, Bhadrak-Haridaspur fourth line, Gummidipundi-Gudur third and fourth lines, and Cuttack-Paradeep (Badabandha) third […]

CW Bureau · Aug 20, 2026

MANUFACTURING Jupiter Wagons Partners Lucchini RS To Build Integrated Railwheel Platform

Jupiter Wagons Ltd (JWL) has entered into a strategic partnership with Italy’s Lucchini RS Holding S.p.A. (LRS) to establish India’s first fully integrated private-sector railwheel manufacturing platform. Under the binding agreements, Lucchini RS will acquire a 15% equity stake in Jupiter Tatravagonka Railwheel Factory Pvt Ltd (JTRWF), while SIMEST S.p.A., an Italian government financial institution, […]

CW Bureau · Aug 3, 2026

INFRASTRUCTURE IOC Invests Over ₹62,600 Cr To Turn Paradip Into Petrochemical Hub

IndianOil has made a cumulative investment of approximately ₹43,359 crore at its Paradip complex in Odisha. It is also investing another ₹19,251 crore in new petrochemical, textile and sustainable aviation fuel (SAF) projects. The combined investment is aimed at transforming Paradip into an integrated energy and petrochemical hub while creating long-term economic value. Expanding petrochemical […]

CW Bureau · Jul 28, 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 ONGC Spuds First Deepwater Well In Mahanadi Basin Off Odisha Coast

Oil and Natural Gas Corporation (ONGC) has spudded its first deepwater exploration well, MN-DW18-1-H-D, in the Mahanadi Basin under the Government’s Samudra Manthan Mission. The well is being drilled about 23 nautical miles from Konark off the Odisha coast, marking the start of one of India’s most challenging deepwater exploration campaigns. Major exploration milestone The […]

CW Team · Jul 25, 2026

MANUFACTURING JSW Cement Targets 46 MTPA Capacity Via Pan-India Expansion

JSW Cement Ltd. has outlined plans to increase its cement manufacturing capacity to 46 million tonnes per annum (MTPA) over the next few years by strengthening its presence in northern, central and eastern India. In his letter to shareholders, Chairman M.V.S. Seshagiri Rao said the company currently operates an installed capacity of 24.1 MTPA and […]

CW Bureau · Jul 10, 2026

HOSPITALITY Fortis Healthcare To Manage 300-Bed Greenfield Hospital In Cuttack, Odisha

Fortis Healthcare Ltd has signed an Operations and Management (O&M) agreement with Dion Group to establish a 300-bed greenfield multi-specialty hospital at Dion Riverside Township in Cuttack, marking its first major presence in Odisha. The collaboration forms part of Fortis Healthcare’s strategy to expand its national footprint through brownfield expansion, inorganic growth, operations and management […]

CW Bureau · Jul 3, 2026

MANUFACTURING Adani Enterprises, IHC To Invest ₹1.08 Lakh-Cr In Odisha Aluminium Project

Adani Enterprises Ltd (AEL) and International Resources Holding (IRH), an IHC Group company, through 2PointZero, will form a 50:50 joint venture to develop an integrated greenfield aluminium project in Odisha. The proposed investment of about ₹1.08 lakh crore is expected to be Odisha’s largest foreign direct investment (FDI) proposal and India’s largest FDI in the […]

CW Bureau · Jul 3, 2026

HOSPITALITY Puri, Wayanad And Goa Lead Family Travel Searches This Summer: Agoda

Digital travel platform Agoda has reported a rise in family accommodation searches for domestic summer travel, with Puri, Wayanad and Goa emerging as the most sought-after destinations for the school holiday season. The findings, based on accommodation search data for check-ins between May and June 2026, indicate growing interest in coastal, nature and outdoor-focused destinations […]

CW Bureau · Jun 8, 2026

INFRASTRUCTURE JSW Steel Begins Work On ₹65,000-Cr Paradeep Integrated Steel Plant

JSW Steel Ltd has commenced work on its fully-owned greenfield integrated steel plant at Paradeep in Odisha, involving an investment of ₹65,000 crore and marking one of the company’s largest expansion projects. The Paradeep Integrated Steel Plant will be developed in phases with a planned capacity of 13.2 million tonnes per annum (MTPA). Spread across […]

CW Bureau · May 27, 2026

MANUFACTURING JSW Steel Signs MoU With POSCO; To Set Up 6-MTPA Steel Plant In Odisha

JSW Steel Ltd has entered into a Memorandum of Understanding (MoU) with POSCO Group, outlining a framework for collaboration in the steel, battery materials, and renewable energy sectors in India. The Company has also signed a joint venture agreement to develop an integrated steel plant in Odisha with an initial capacity of 5 million tonnes […]

CW Bureau · Apr 18, 2026

HOSPITALITY Tata Steel Completes Full Acquisition Of Medica TS Hospital In Odisha

Tata Steel Ltd has completed the acquisition of 100% stake in Medica TS Hospital Pvt Ltd from Manipal Hospitals Eastern India Pvt Ltd for a total cash consideration of ₹1.49 crore. With this transaction, Medica TS Hospital has become a wholly owned subsidiary of Tata Steel. Stake consolidation Under the Share Purchase Agreement dated March […]

CW Bureau · Mar 31, 2026