Radiance aims to secure $150 million for a 2 GW expansion project
Radiance Renewables is set to enhance its renewable energy portfolio significantly. The company is planning to raise $150 million in funding to support a 2GW expansion of its solar power capacity. This ambitious project aims to bolster Radiance's position in the renewable energy sector and contribute to India's growing demand for sustainable energy solutions.
In addition to the expansion, Radiance is introducing cu..
INOX Air Products, Asahi Glass Partner for Green Hydrogen
INOX Air Products, a leading industrial gases company, and Asahi Glass, a global glass manufacturer, have signed a Memorandum of Understanding (MOU) to explore opportunities in the production and utilization of green hydrogen. This collaboration marks a significant step towards promoting sustainable energy solutions and reducing carbon emissions in various industries.
The MOU aims to leverage the expertise and resources of both companies to develop innovative technologies for green hydrogen production and its application in sectors such as manufacturing, transportation, and energy sto..
SEBI issues Show Cause to six Adani firms
Several Adani group companies have reportedly received show cause notices from the Securities and Exchange Board of India (SEBI) for alleged violations of related party transactions and non-compliance with listing regulations, as stated in filings to the stock exchange by the companies. In notes accompanying their respective financial results for the March quarter and FY24, the group's flagship Adani Enterprises, Adani Ports & Special Economic Zone, Adani Power, Adani Energy Solutions, Adani Total Gas, and commodities firm Adani Wilmar disclosed information regarding the SEBI notice.
A..
DLF Launches Luxury Project in Gurugram
DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.
The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..
Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects
Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.
The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..