Karnataka to develop tech park in Mangaluru

The state government of  Karnataka has plans to develop a major tech park in Mangaluru. According to the updates, the state government is expected to soon seek Cabinet approval for the project, which is anticipated to cost Rs 3,500 crore.

The proposed park would be built on 3.25 acres, featuring a 3.5 lakh sq. ft. facility.

Also Read: Technopark floats tender for project worth Rs 381 crore in Pallippuram

    Investment worth Rs 1,460 crore planned by SKF India

Swedish automotive firm SKF's Indian arm, SKF India, has plans to invest up to Rs 1,460 crore by 2030. This investment would be across its automotive and industrial businesses. Further, the firm plans to invest Rs 800-950 crore for a new Pune plant and expansion.

Out of the total investment, Rs 410-510 crore would go into boosting capacity for India's evolving mobility sector.

Also Read: Orders worth Rs 15,000 bagged by BHEL

    Oberoi Group launches new wellness offering ASMI

Luxury hotel chain Oberoi Group has announced the launch of ASMI by Oberoi. As per firm ASMI by Oberoi is a new wellness offering rooted in the Indian philosophy of Pancha Kosha and focuses on 5 pillars: movement, nutrition, bodywork, breath work, and mindfulness, aiming for personal alignment and vitality.

Oberoi Group has introduced this offering across the chain's portfolio in India, with international expansion planned for 2026.

Also Read: Oberoi Group and Ladhani Group join hands for development of resorts in Rishikesh

    NBCC floats tender for rooftop solar project in Jharkhand

Government-owned National Buildings Construction Corporation (NBCC) has floated an EPC tender inviting bids for setting up a 4 MW grid-connected rooftop solar power project at the Bokaro Steel Plant in Jharkhand.

The estimated cost of the project is Rs 207.8 million, and the last date for bid submission is 13th October, 2025.

Also Read: MES floats tender for rooftop solar project

    Orders worth Rs 15,000 bagged by BHEL

Government-owned Bharat Heavy Electricals Limited (BHEL) has bagged orders worth Rs 13,000-15,000 crore. The firm has bagged orders for 1x660 MW Amarkantak and 1x660 MW Satpura Supercritical Thermal Power Plants in Madhya Pradesh.

As per the firm, the scope of work involves the supply of equipment, erection and commissioning, and civil works.

Also Read: KAVACH system: BHEL bags order from Indian Railways

    Hiranandani Communities launches integrated township in Alibaug

Real estate and construction firm Hiranandani Communities has announced the launch of India’s largest coastal destination township, named Hiranandani Sands. Located at  Alibaug in Maharashtra, the project is expected to cost Rs 17,000 crore.

The township would be spread over 225 acres, featuring luxury homes, signature villas, plotted developments, and branded serviced apartments designed to cater to the affluent buyers globally. 

Also Read: Della Resorts, Hiranandani. and Krisala Developers join hands to develop township in Pune

    Carlton Wellness launches 40 resorts in Ongole

Luxury wellness firm Carlton Wellness Group has announced the launch of 40 ultra-premium wellness villas owned by Krillam Resorts at Ongole, Andhra Pradesh. According to the latest updates, the price for the villas starts from Rs 3.33 crores.

It features a marine-inspired design and wellness-centric architecture, integrating Ayurveda, Panchakarma, and holistic therapies in collaboration with Sri Sri Tattva and Sri Sri Ravi Shankar.

Also Read: Cygnett Hotels & Resorts announces new property in Ujjain

    HFCL bags order under BharatNet

Telecommunication firm HFCL has bagged an order under the BharatNet Phase 3 programme. The order is for the supply of network equipment like optical fibre cable (OFC), IP/MPLS routers, as well as power systems and racks through Exicom Tele-Systems.

The firm, in consortium with its partners Rail Vikas Nigam Limited (RVNL) and Aerial Telecom Solutions, emerged as the lowest (L1) bidder, earning over Rs 8,100 crore contracts from Bharat Sanchar Nigam Limited (BSNL) to deploy a middle-mile network under BharatNet Phase 3.

Also Read: HFCL bags order worth over Rs 2,501 crore

    New oxygen furnance comissioned by Jindal Steel at Angul

Steel sector major Jindal Steel has informed the commissioning of its 250 MT Basic Oxygen Furnace (BOF) Converter at the Angul steel plant. As per the firm, it has added 3 MTPA of crude steelmaking capacity to its portfolio.

Further, the firm announced the commissioning of Blast Furnace 2 under its expansion plan.

Also Read: Jindal's Rs 15,000 crore steel plant gets approval from Odisha government

    ACME Solar sets up 300 MW project in Rajasthan

Solar power firm ACME Solar has plans to develop a 300 MW renewable energy project in Rajasthan. The firm secured Rs 1,100 crore in domestic funding from the State Bank of India (SBI).

As per the updates, the loan is for a tenure of approximately 17 years. 

Building

  
  

Industrial

  •   Investment worth Rs 1,460 crore planned by SKF India

    Swedish automotive firm SKF's Indian arm, SKF India, has plans to invest up to Rs 1,460 crore by 2030. This investment would be across its automotive and industrial businesses. Further, the firm plans to invest Rs 800-950 crore for a new Pune plant and expansion.

    Out of the total investment, Rs 410-510 crore would go into boosting capacity for India's evolving mobility sector.

    Also Read: Orders worth Rs 15,000 bagged by BHEL

  
  

Transport

  
  

Mining

  •   Order worth Rs 708 crore bagged by Ganesh Infraworld

    Construction and EPC services provider Ganesh Infraworld has bagged an order worth Rs 708 crores. The order is for the operation and maintenance (O&M) of heavy mining equipment in the state of Madhya Pradesh.

    The scope of work involves comprehensive O&M services for a wide fleet of equipment, including excavators, drills, dozers, graders, tippers, water sprinklers, and pumps at the Nigahi Mine in Singrauli. Further, the work involves routine and preventive maintenance, major repairs, supply of spares and consumables, statutory compliance, and the deployment of skilled manpower to ensure safe and uninterrupted operations.

    The period of completion of the work is 2 years that is 24 months.

    Also Read: Ganesh Infraworld bags order worth over Rs 76 crore for construction work in Shirdi

  
  

Power

  •   Avaada plans to invest Rs 9,200 crore in Rajasthan

    Renewable energy firm Avaada Group has announced its plans to invest over Rs 9,200 crore in the state of Rajasthan. This comes after PM Modi laid the foundation stone for Avaada’s 1,560 MW peak solar project and a 2,500 MWh Battery Energy Storage System (BESS) at Pugal in Bikaner, and also inaugurated a 200 MW (282 MW peak) solar project at Sri Dungargarh.

    According to the firm, the investment will generate thousands of jobs and enhance grid stability.

    Also Read: Avaada Group to develop pumped storage projects in Maharashtra

Oil & Gas

  
  






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