Author: Rishabh Sharma

KOLKATA: The board of directors at Electrosteel Castings Limited has cleared the re-appointment of Uddhav Kejriwal as a Whole-Time Director, ensuring executive continuity at the helm of the industrial manufacturing company.

OSLO: Prime Minister Narendra Modi met with the Prime Minister of Iceland, H.E. Ms. Kristrún Frostadóttir, for their first official bilateral engagement on the sidelines of the 3rd India-Nordic Summit. Prime Minister Modi extended his congratulations to Frostadóttir on her historic achievement as the youngest Prime Minister in Iceland’s history. The dialogue focused heavily on maximizing the economic benefits of the newly active India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA). Key Takeaways from the High-Level Meeting The TEPA Catalyst: Both leaders agreed that the newly enforced trade pact serves as an excellent launchpad to unlock untapped…

OSLO: Prime Minister Narendra Modi met with Finnish Prime Minister Petteri Orpo on the margins of the 3rd India-Nordic Summit to reinforce the bilateral Strategic Partnership in Digitalization and Sustainability. Rooted in shared democratic values, the dialogue outlined a robust roadmap aimed at integrating industry, academia, and research frameworks between the two nations. Key Bilateral Outcomes Doubling Trade Volume: Despite navigating volatile global market challenges, both leaders officially reaffirmed their commitment to double existing bilateral trade in goods and services by 2030. Co-Hosting WCEF 2026: In a major milestone for sustainability, India and Finland will jointly host the World Circular…

NEW DELHI: In a major push for green aviation, the board of Indian Oil Corporation Limited (IndianOil) has approved a 50:50 joint venture with M11 Energy Transition Pvt. Ltd. to establish a 100 KTPA (kilo-tonnes per annum) Hydroprocessed Esters and Fatty Acids (HEFA)-based Sustainable Aviation Fuel (SAF) project. The board cleared the greenfield proposal during its meeting on May 18, 2026. Key Highlights The Investment: The project will be developed at an estimated cost of ₹1,063.60 crore ($\pm$30%), subject to final regulatory clearances from NITI Aayog and the Department of Investment and Public Asset Management (DIPAM). Strategic Venue: The specialized…

OSLO: Expanding bilateral ties during Prime Minister Narendra Modi’s state visit to Norway, India’s Council of Scientific and Industrial Research (CSIR) signed five landmark agreements with top Norwegian academic, research, and industrial bodies in Oslo. Led by Dr. N. Kalaiselvi, Director General of CSIR and Secretary of DSIR, the partnerships establish a robust framework for joint research, technology development, and industrial growth focused on clean energy, climate action, and sustainability. Key Agreements & Core Areas of Collaboration Research Council of Norway (RCN) & CSIR (MoU): A broad-based agreement to drive joint R&D projects, scientist exchange programs, and workshops targeting global…

NEW DELHI: Addressing the ASSOCHAM India Business Reform Summit 2026, Union Minister of Commerce and Industry Shri Piyush Goyal called for an aggressive, out-of-the-box collaborative approach between the private sector and the government. He urged Indian businesses to leverage ongoing geopolitical risks and West Asian uncertainties as catalysts to build resilient supply chains, drive rapid structural reforms, and boost domestic manufacturing. Highlighting India’s macro-resilience, Goyal revealed that despite global bottlenecks, high tariffs, and the Ukraine and West Asia conflicts, India’s total exports hit a historic high of USD 863 billion last year, showing growth across both merchandise and services. The…

KORAPUT: National Aluminium Company Limited (NALCO) is fast-tracking its capacity expansion, with the company’s top leadership conducting a comprehensive on-site progress review of the crucial 5th Stream Expansion Project at its Refinery Complex in Damanjodi, Koraput (Odisha). The high-level evaluation was spearheaded by NALCO Chairman and Managing Director B.P. Singh, alongside Jagdish Arora, Director (Projects & Technical). Accompanied by Executive Directors and technical project consultants, the leadership team inspected the construction zones to closely analyze execution milestones, engineering bottlenecks, and the structural readiness of the new facility. Driving Production and Operational Scale The 5th Stream Expansion is a cornerstone initiative…

OSLO: Spurring a new chapter in Indo-Nordic economic relations, Prime Minister Narendra Modi championed India’s green transition at the India-Norway Business and Research Summit in Oslo. The convention marked the first major high-level economic assembly following the implementation of the historic India-EFTA Trade and Economic Partnership Agreement (TEPA). The summit served as a powerhouse of corporate networking, attracting CEOs from more than 50 multinational corporations alongside a 250-strong delegation of researchers, scientists, and industrial stalwarts from both nations. Mirroring this collaborative spirit, a series of strategic commercial pacts were inked between Indian and Norwegian firms on the sidelines of the…

MUMBAI: DOMS Industries Limited, a prominent leader in the Indian stationery and art materials sector, has announced the official re-appointment of Shri Santosh Raveshia as Managing Director.

AHMEDABAD: Astral Limited, India’s leading building materials and piping manufacturing giant, has officially extended the tenure of its founder, Shri Sandeep Engineer, as Managing Director.