The board of Ceat has approved an additional investment of ₹396 crore to increase farm radial tyres capacity at Ambarnath plant, by 55 tonnes per day over a period of next two years.
Market regulator SEBI has approved the appointment of Harsh Kumar Bhanwala as Chairman of the Multi Commodity Exchange of India. The appointment is effective from November 7. He has over 36 years of experience in development finance, organisational transformation and solving rural problems, enhancing farmers’ income and promoting sustainable agriculture.
Bharat Electronicshas signed a Memorandum of Understanding (MoU) with Delhi Metro Rail Corporation (DMRC) for jointly developing the indigenous communication-based train control system (i-CBTC). This is an important milestone in India’s journey towards self-reliance in Rail and Metro operations.
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