Day: January 12, 2022

L&T wins two ‘mega’ offshore orders from overseas client

NEW DELHI: A consortium led by L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has secured two mega offshore packages from a prestigious overseas client. The scope of work comprises EPC for new facilities and integration with existing installations. LTHE is currently executing several domestic and international offshore projects. LTHE is […]

Textile sector exports increase by 41% in April- December 2021

NEW DELHI: Textile sector has continuously maintained trade surplus with exports manifold higher than imports. In FY 2020-21 there was a deceleration in textile exports due to pandemic disrupting the supply chain and demand. However, signs of recovery are visible in 2021-22. During April-December, 2021 the total Textiles & Apparel including Handicrafts exports was US$ […]

Prime Minister inaugurates MSME Technology Centre at Puducherry

NEW DELHI: Prime Minister Narendra Modi inaugurated a Technology Centre of the MSME Ministry, established at Puducherry, on the occasion of National youth day today. This World Class Technology Centre set up with an investment of about Rs. 122 crore is spread across 10 acres, will train 20,000 youth, support 2000 MSMEs and incubate 200 […]

RattanIndia enterprises to drive e-commerce vertical via Rs. 350 cr investment

New Delhi: RattanIndia Enterprises (REL), a leading Company that is building businesses in new-age sectors including electric motorcycles, drone solutions and fintech on Wednesday announced that it has operationalized its e-commerce foray by approving an investment of Rs. 350 crore in its wholly owned subsidiary Cocoblu Retail Limited (Cocoblu). The investment in Cocoblu will further […]

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