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Divine Power Energy Acquires 100% Stakes in Vimlesh Industries for INR 70 Crore

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Divine Power Energy Limited (DPEL) has announced the successful completion of its 100 percent acquisition of Vimlesh Industries Private Limited (VIPL). DPEL entered into a Share Purchase Agreement with VIPL at a total valuation of INR 70 crore in November 2024.  April 04, 2025 Divine Power Energy Limited (DPEL), a......
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Prysmian Inches Closer to Becoming Digital Solutions Provider With Acquisition of Channell worth USD 950 Million

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The combined portfolio of Prysmian and Channell will support the development of Prysmian’s North American footprint. Channell will be included in Prysmian’s digital solutions, which is part of its broader synergistic portfolio, including energy solutions. Apr 4, 2025 Global cable manufacturer Prysmian S.p.A has given a major push to its......
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Italian Nimax Acquires Majority Stake in Danish Domino Systems 

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Nimax aims to become a multinational group of companies, active in industrial distribution and manufacturing. Apr 4, 2025 Nimax, an Italian company providing machinery and solutions for coding and marking, inspection and control systems, traceability and labelling, has acquired a majority stake in Domino Systems A/S, distributor of coding, marking,......
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NKT’s Karlskrona Factory Becomes EU’s First Net-Zero Strategic Project

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NKT is building high-voltage power cables in Karlskrona, Sweden. This factory is now recognised as the first European net-zero strategic project under the EU Net-Zero Industry Act.  Apr 03, 2025 NKT announced in Dec 2024 that it is building high-voltage power cables in Karlskrona, Sweden. The EU has now recognised......
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Advait Energy Bags Turnkey Power Supply Order in Gujarat

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The scope of the project, covering a total length of 580 CMK, includes supply, installation, testing and commissioning of 11 KV 55mm2 AAAC medium voltage covered conductors (MVCC) and their accessories. Apr 3, 2025 Advait Energy Transitions Limited, leading providers of end-to-end solutions for power transmission, substation and telecommunication infrastructure,......
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US Imposes 26% Reciprocal Tariff on India

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The United States has announced a 26% discounted reciprocal tariff on India. The Commerce Ministry stated that it is analyzing the impact of the new tariff on India.  Apr 03, 2025 The United States has announced retaliatory tariffs on India. US President Donald Trump held a press conference at the......
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Codelco to Supply Copper to Adani Group’s USD 1.2 Billion Smelter in Gujarat

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Adani’s Kutch copper smelter, strategically located in Mundra town of Gujarat, is one of the world’s largest single-location plants of its kind, having capacity of 500,000 tonnes.  Apr 3, 2025 The National Copper Corporation of Chile (Codelco) has signed an agreement with India’s Adani Group, for the supply of metal......
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LAPP Launches Cable Withstanding Temperatures up to 700 Degrees

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The cable owes its heat resistance to its structure and perfectly harmonised materials. LAPP uses nickel-plated copper conductors for the new single-core cable. The insulation of the cable consists of a multiple glass fibre covering and a glass fibre braid.  Apr 2, 2025 LAPP, the global market leader for connection......
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Odisha Secures Multi-Billion Investments in Steel and Aluminum

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Odisha’s Chief Minister Mohan Majhi has approved several investment proposals aimed at significantly strengthening the state’s steel and aluminum industries. Mar 28, 2025 Odisha’s Chief Minister Mohan Majhi, chairing the High-Level Clearance Authority (HLCA), has approved several investment proposals aimed at significantly strengthening the state’s steel and aluminum industries. One......
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Vedanta Invest INR 1 Lakh Crore for 3 Million TPA Aluminum Plant and Park in Odisha

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Vedanta Group is investing INR 1 lakh crore to set up an aluminium park in Jharsuguda, Odisha, along with a three million TPA aluminium plant in Rayagada district.  Apr 3, 2025 Vedanta Group has announced that the company is investing INR 1 lakh crore to set up an aluminium park......
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