Around 438 infra projects show cost overruns of Rs 4.3 lakh cr

BorgWarner to Supply Transfer Cases for SAIC Maxus Exports

BorgWarner is supporting SAIC Maxus by supplying its locally developed and manufactured transfer cases. BorgWarner will provide SAIC Maxus with two types of transfer cases: an on-demand transfer case with mechanical locking and a high-torque part-time transfer case. Mass production is expected to begin in Q3 2026. “BorgWarner’s relationship with SAIC Maxus spans more than a decade. Our transfer case technology not only supports SAIC Maxus in strengthening its position in the Chinese market but also empowers its expansion into overseas markets,” said Isabelle McKenzie, Vice President of ..

Residential Supply Near Employment Hubs in NCR Soars

Magicbricks, India’s leading real estate platform, has revealed significant growth in residential demand and supply across key areas in the National Capital Region (NCR), particularly in locations near IT parks, industrial zones, and commercial hubs. These strategically located regions, benefiting from superior connectivity and infrastructure development, are attracting homebuyers and investors alike. According to the latest insights, Techzone 4, Greater Noida has recorded a remarkable 449 per cent Year-on-year (YoY) increase in supply, while Sector 89, New Gurugram has reported a 300% YoY ..

Ajax Engineering's IPO Marks a Milestone for Growth

Ajax Engineering, a key player in the concrete equipment industry, has announced its initial public offering (IPO) with a price band of Rs 599-629 per share, aiming to raise Rs 1,269 crore through an offer-for-sale (OFS) of 2.01 crore shares. The IPO, opening for public subscription from February 10 to 12, will allow anchor investors to bid starting February 7. As an OFS, Ajax Engineering will not receive any proceeds from the sale. Headquartered in Bengaluru, Ajax operates four advanced manufacturing facilities in Karnataka and is set to expand further with plans for a new plant by 2025. The..