CEAT, Lemon Tree Hotels and Lupin to see some action today

12 Sep 2024 Evaluate

CEAT has commissioned a new line for rolling out truck and bus radials at its Chennai-based manufacturing plant. The new line will progressively reach a production capacity of 1,500 tyres daily over the next 12 months and marks a significant milestone in the company's drive to expand its footprint in international markets.

Lemon Tree Hotels has signed new property--Lemon Tree Hotel, Pune. The property, which shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels, is expected to open in FY 2026. Lemon Tree Hotel, Pune will feature 117 well-appointed rooms, a restaurant, a bar, a meeting room, banquet facilities, a swimming pool and a spa. The Pune International Airport is about 21 kms from the property while Pune Railway Station is about 20 kms away. The hotel is also well connected by roadways for both public and private transport.

Lupin has signed Share Subscription & Shareholders agreement with Sunsure Solarpark Seventeen (Sunsure Solarpark) and Sunsure Energy (Sunsure) to make equity investment in Sunsure Solarpark. The objective of investment is to purchase renewable power through open access for the Company’s Tarapur manufacturing site. In addition to saving on power costs, the acquisition would enable the Company to fulfill its commitments on decarbonization.

Gujarat Fluorochemicals’ Wholly-owned Subsidiary -- GFCL EV Products has incorporated its Wholly-owned Subsidiary Company in Hamburg, Germany namely GFCL EV Products GmbH on September 10, 2024 for import and export, processing, distribution, marketing and storage of polymers and organic and inorganic compounds for catering to the needs of EV and ESS battery chemical segment/s.

Adani Ports and Special Economic Zone (APSEZ) has signed a concession agreement with Deendayal Port Authority (DPA) to develop Berth No. 13 at Deendayal Port, Kandla, Gujarat. APSEZ has incorporated a wholly owned subsidiary, DPA Container and Clean Cargo Terminal (DPACCCTL), that will carry out operations at the berth.

Castrol India has expanded its Auto Care product range with the introduction of two new additions, the Castrol Microfibre Cloth and the Castrol Shiner Sponge. These additions complement the existing range of Castrol Chain Cleaner, Castrol Chain Lube, Castrol 3-in-1 Shiner, Castrol 1-Step Polishing Compound and Castrol Anti-Rust Lubricant Spray. Designed to provide exceptional cleaning and polishing results for both interior and exterior surfaces of vehicles, the Castrol Microfibre Cloth and the Castrol Shiner Sponge offer comprehensive solution for vehicle maintenance.

Wipro is helping JFK International Air Terminal (JFKIAT) – the operator of JFK’s Terminal 4 – in developing a cloud data strategy, leveraging Microsoft’s Azure Data Platform. The AI-enabled data analytics solution will establish a single view of terminal data across all functions, enabling JFKIAT’s management to continually review and improve operations to achieve their long-term operational and efficiency goals.

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