Deccan Region Today

Andhra signs MoU with UK to develop urban infrastructure

The United Kingdom has joined hands with the Government of Andhra Pradesh to help transform Amaravati into a world-class smart city, and upgrade urban infrastructure across all 123 municipalities in the State. A Government-to-Government (G2G) Memorandum of Understanding (MoU) was signed at the Secretariat in Velagapudi on Tuesday between MA&UD Principal Secretary Suresh Kumar and Chaz Walia, Deputy Director for Government.

Korean manufacturer DN Solutions inaugurates first India plant in Bengaluru with Rs 600 crore investment

DN Solutions inaugurated its first Indian manufacturing plant in Bengaluru. This new facility represents a significant investment of Rs 600 crore. The plant will manufacture machining centres and turning centres for the Indian market. It also includes research and development and technical support operations. The company aims to source most components locally over five years.

HAL, Safran seal engine deal to power multi-role choppers

Defence PSU HAL and Safran Helicopter Engines have signed the final contract with their joint venture, Safhal Helicopter Engines Pvt Ltd, to design and develop a new high-power helicopter engine that will power India’s proposed 13-tonne Indian Multi-Role Helicopter (IMRH) and its naval variant Deck-Based Multi-Role Helicopter (DBMRH).

SEPC to enter UAE petroleum trading biz by acquisition of Wintality Petroleum FZE

In a share-swap deal executed through its subsidiary - SEPC FZE SEPC announced that its Board has approved a restructuring of the equity and capitalisation reserves of its wholly owned UAE subsidiary, SEPC FZE, Sharjah enabling the acquisition of a UAE petroleum trading business entirely through non-cash consideration. The existing share capital of SEPC FZE, comprising one share of AED 150,000, will be subdivided into 1,500 shares of AED 100 each. A further 38,500 shares of AED 100 each will be issued out of capitalisation of reserves, creating a total equity pool of 40,000 shares.

Puducherry Govt introduces Puducherry Business Reforms Bill, 2026

The Government of Puducherry today introduced the Puducherry Business Reforms Bill, 2026, aimed at making the Union Territory a simpler, faster and more investment-friendly destination for businesses and entrepreneurs. The Bill seeks to shift business regulation from permission-based control to rule-based governance, with emphasis on transparency, predictability and time-bound decision-making.