Modi’s Vizag visit to see flurry of project launches

Tecumseh Launches World’s Most Efficient Fixed-Speed Compressor

Tecumseh Products Company LLC, a global leader and innovator in commercial refrigeration technologies, is set to unveil its most efficient fixed-speed compressor during ACREX INDIA 2025, which will be held from February 20-22 at BIEC, Bengaluru, India. Additionally, the company, with its manufacturing facility located in Ballabgarh, Haryana, will showcase its high-quality hermetic compressors, condensing units, and refrigeration systems.Tecumseh is excited to announce the launch of the expanded AL Series Compressor platform tailored for the Indian market. The AL Series compressors are recognis..

Global Start-Up Challenge Launched to Drive Net Zero Concrete Solutions

Start-ups worldwide are invited to contribute to the global cement and concrete industry’s efforts to reduce CO2 emissions and combat climate change. The Global Cement and Concrete Association (GCCA) and its members are calling for applicants for the Innovandi Open Challenge 2025.Now in its fourth year, the Innovandi Open Challenge aims to connect start-ups with GCCA members to develop innovations that help decarbonise the cement and concrete industry.The challenge is seeking start-ups working on next-generation materials for net-zero concrete, such as low-carbon admixtures, supplementary ce..

NCLT Approves Sale of Chennai Nashri Tunnelway for Rs 60 Bn to Cube

The National Company Law Tribunal (NCLT) has approved the sale of IL&FS’s Chennai Nashri Tunnelway to Cube Highways for Rs 60 billion. While the deal’s execution is still pending, final approvals are expected soon, with recovery rates for secured lenders reaching up to 115 per cent.Cube Highways has agreed to make an initial offer of Rs 53 billion, with an additional Rs 4 billion allocated for external creditors and delay adjustments of Rs 3-4 billion, depending on the completion date. This transaction marks the largest asset monetisation under the IL&FS group and will help address..