Gold
Schwing Stetter unveils silver jubilee logo and tagline
The unveiling of the 25 th -year silver jubilee logo took place at its corporate headquarters and works at Sriperumbudur, Tamil Nadu, in the presence of the company’s employees and partners. VG Sakthikumar, Managing Director of Schwing Stetter India, presided over the gathering and revealed the anniversary logo and tagline – “25 Years of Passion and Innovation”.
Speaking at the event, VG Sakthikumar said, “I am delighted to release the logo. This is not just a celebration of 25 years, but going forward, we are rededicating ourselves for the next 25 years. We incorporated every aspect of our vision and values in the logo, and we are focused on becoming the number one global brand in innovation, manufacturing, and technology of construction and mining equipment. And aim to be the most trusted brand for customers, by offering best in class solutions with sustainable value creation.”
“Throughout our 25-year history in India, Schwing Stetter has held to its commitment to its employees. This year, the company aims to further nurture the talent of the employees and transform them into responsible leaders. The company’s mission is to set themselves as a benchmark for global best environmental, social, and governance practices,” he added.
The company will continue to work towards building momentum into its next chapter and create sustained growth and profitability for all stakeholders by launching new products and increasing the manufacturing talent ecosystem in India.
Larsen & Toubro Secures Contract from Defence Ministry
The Ministry of Defence, Government of India, has awarded a significant contract to Larsen & Toubro (L&T) for supplying K9 Vajra-T Artillery Platforms to the Indian Army. As per the company's project classification, the contract is valued between Rs 50 billion and Rs 100 billion. The K9 Vajra-T, a 155 mm, 52-calibre tracked self-propelled artillery platform, is an adaptation of the globally renowned South Korean K9 Thunder howitzer. It has been co-developed by L&T and Hanwha Aerospace to meet the Indian Army's specific operational needs across diverse terrains, including deserts, plains, and..
Delhi-NCR Housing Market sees 25% Sales Growth
The Delhi-NCR property market has maintained its momentum during the December quarter, with housing sales and new supply estimated to grow by 25 per cent and 59 per cent, respectively, as reported by PropEquity. Data from the real estate analytics firm suggests that housing sales in Delhi-NCR are likely to rise to 12,915 units during the October-December period of this year, compared to 10,354 units in the corresponding period of the previous year. New supply in the region is expected to increase significantly, reaching 11,223 units, a 59 per cent rise from 7,072 units in the year-ago quarter..
DDC Approves Five Key Projects Under Kasaragod Development Package
The District Development Committee (DDC) has approved a budget of Rs 100.08 million for five key projects under the Kasaragod Development Package. This funding is part of the Rs 700 million allocated in the State budget for the 2024-25 financial year, with administrative approval formally amended to incorporate these initiatives. The decision was made during a meeting chaired by District Collector K. Inbasekar on Saturday, December 21. The approved projects include Rs 40.99 million for constructing Udayapuram Thungal Road in Kottom Belur grama panchayat and Rs 20.56 million for setting up a ..
