Chandigarh: UT adviser Nitin Yadav on Wednesday gave the go ahead for the inauguration of the state-of-the-art bulk material market in Sector 56. The market will have 191 plots and 48 booths spread over 45 acre. The development of the bulk market will help shift the marble market.
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A wine shop owner in Kamareddy, Hyderabad, has been accused of selling a large quantity of liquor that was found stored in a house. The house belongs to a farmer who has also been taken into custody. Police suspect a political motive behind the stocking of the liquor, as only quarter whiskey bottles were found. The seized liquor is worth 3.26 lakh and the shop owner has been made the second accused in the case.
The 54th edition of the International Film Festival of India (IFFI) has begun in Goa. Union Minister Anurag Thakur highlighted the growth of the Indian media and entertainment industry, stating that it grows by 20% annually and is now one of the five largest markets in the world. The festival includes the inauguration of Film Bazaar and the introduction of OTT awards. Renowned Hollywood actor Michael Douglas will receive the Satyajit Ray Excellence in Film Lifetime Award, and filmmaker Rajkumar Hirani will head the jury for the best web series award. The festival will conclude on November 28th.
Redwood Materials has signed a long-term agreement to supply Toyota with recycled materials for its North Carolina electric vehicle battery plant. Redwood, a battery recycling specialist, will remanufacture EV battery components sourced from Toyota and recycled from end-of-life vehicles. The specific terms of the agreement have not been disclosed. Redwood aims to expand its business in line with Toyota’s future requirements and establish a closed-loop battery ecosystem to reduce costs and minimize environmental impact. The company plans to achieve an annual battery component production capacity of 100 gigawatt-hours in the US, with potential for expansion to 500 GWh.
