Mahindra & Mahindra (M&M) has planned to increase prices up to 3% of its SUV and CV range, effective April 2025. This price increase is attributed to rising input cost and increased commodity prices, among other reasons. The extent of the price increase will vary across different SUVs and commercial vehicles.
RailTel Corporation of India has received the work order from Hindustan Petroleum Corporation for amounting to Rs 25.15 crore (excluding Tax).
Power Mech Projects has secured a Rs 579 crore (excluding GST) order from Bharat Heavy Electricals (BHEL). The said order is expected to be completed in 32 months from date of LOA.
Lemon Tree Hotels has opened Keys Prima by Lemon Tree Hotels, Kota, Rajasthan. This is the 10th property of the group in the state. The efficient and affordable hotel features 58 well-appointed rooms, Keys Cafe-a multi-cuisine coffee shop, a spa, a swimming pool, a fitness centre and Unlock Bar with expansive banquet spaces and conference facilities.
InterGlobe Aviation (IndiGo) has launched direct connectivity between Lucknow and Srinagar, starting March 30, 2025. This new route offers enhanced travel options for leisure and business travelers, significantly reducing travel time between these two culturally rich cities. The introduction of this route is expected to boost tourism and economic growth in both the regions.
Sunita Tools has received a major Letter of Intent (LoI) for the supply of Empty Artillery Shells 155mm M107. The order entails the delivery of 1,00,000 pieces, with the supply commencing at a rate of 7,500 pieces per month until the order is completed.
Poonawalla Fincorp has unveiled an industry-first AI-Powered Underwriting Solution. Developed in collaboration with the Indian Institute of Technology Bombay (IIT Bombay), this innovative solution integrates artificial intelligence with human intelligence to automate and streamline the credit evaluation process.
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