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India is moving ahead with plans to develop its largest underground crude oil storage facility at Chandikhol in Odisha’s Jajpur district, marking a significant step toward strengthening national energy security.The project will be executed by Indian Strategic Petroleum Reserves Limited and involves the construction of a large underground rock cavern capable of storing substantial volumes of crude oil. Approved in late 2018, the initiative had faced prolonged delays due to land acquisition challenges and concerns related to illegal quarrying...

India has marked a significant step in strengthening its semiconductor ecosystem with the launch of the country’s first 3D glass substrate-based semiconductor packaging project in Bhubaneswar’s Info Valley. The facility is being developed with an investment of around ₹1,900–2,000 crore and focuses on advanced chip packaging technologies.The project is designed to support next-generation applications including artificial intelligence, high-performance computing, telecommunications, and defence electronics. By introducing glass substrate technology, the facility aims to enhance performance, efficiency, and miniaturization in semiconductor...

The Indian government is preparing to expand its ethanol blending programme with the introduction of draft rules for E85 fuel, a petrol-ethanol mix containing up to 85% ethanol and 15% petrol. According to a report by The Hindu, the draft regulations are expected to be notified soon, signalling a policy shift toward higher ethanol adoption.A senior government official, quoted in the report, indicated that there is broad consensus within both the government and the market for the rollout of...

Vedantu recorded a 17.6 percent increase in revenue for FY25, reaching Rs 234 crore compared to Rs 199 crore in FY24, as per its consolidated filings with the Registrar of Companies.The company saw strong growth in its core segments. Revenue from tuition fees rose 18 percent to Rs 196 crore, up from Rs 166.5 crore in the previous year. Income from the sale of goods, including books and uniforms, more than doubled to Rs 22 crore from Rs 9.5...

Indian grooming brand Bombay Shaving Company reported a steady rise in its financial performance for the fiscal year 2025. The company recorded a 16 percent year-on-year increase in overall revenue, reaching Rs 271 crore compared to Rs 233.5 crore in FY24, as per its consolidated filings with the Registrar of Companies.Operational revenue also showed strong momentum, growing 17.5 percent to Rs 265.5 crore in FY25 from Rs 226 crore in the previous fiscal. However, other income saw a decline,...