Tag: 000 crore

Stellantis to invest ₹4,000 cr, plan 12 India launches, triple market share by 2030

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Stellantis to invest ₹4,000 cr, plan 12 India launches, triple market share by 2030

The expanded portfolio will give “Indian customers more relevant choices” | Photo Credit: Reuters Stellantis, the global automaker behind brands including Citroën and Jeep, will invest an additional ₹4,000 crore in India and launch 12 products over the next three years as it seeks to triple its market share in the country by 2030. The…

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Business

51 projects worth ₹38,000 crore cleared in first half of 2026: RERA, Gurugram

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51 projects worth ₹38,000 crore cleared in first half of 2026: RERA, Gurugram

Eleven of the 51 approved projects account for a cumulative investment of approximately ₹25,000 crore, underscoring the scale of real estate development in Gurugram. | Photo Credit: file photo The Real Estate Regulatory Authority (RERA), Gurugram, has approved 51 projects between January and June 2026, involving investments of nearly $4 billion (nearly ₹38,000 crore), according…

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Nation

BlackRock unit agrees to invest ₹3,000 crore in Aditya Birla Renewables for minority stake

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BlackRock unit agrees to invest ₹3,000 crore in Aditya Birla Renewables for minority stake

Aditya Birla Group Chairman Kumar Mangalam Birla. File | Photo Credit: PTI Aditya Birla Renewables Ltd (ABREN), a subsidiary of Grasim, has finalised an investment by Global Infrastructure Partners (GIP), part of BlackRock, of up to ₹3,000 crore ($335 million), with a commitment of ₹2,000 crore and a greenshoe option to invest another ₹ 1,000 crore…

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Business

ACME Group plans to invest ₹5,000 crore to produce green steel 

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ACME Group plans to invest ₹5,000 crore to produce green steel 

Representative image | Photo Credit: Special Arrangement  ACME Group is planning to invest about ₹5,000 crore to establish a 1.2 million tonnes per annum (MTPA) Green Hot Briquetted Iron and Green Direct Reduced Iron (HBI/GRI) facility (phase 1) for the production of green steel, according to people familiar with the development. “Our greenfield facility will…

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Business

‘Space sector contributed ₹20,000 crore to India’s GDP over the last decade’

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‘Space sector contributed ₹20,000 crore to India’s GDP over the last decade’

President Droupadi Murmu visits the space exhibition with Union Minister of State for Science and Technology Jitendra Singh and ISRO Chairman S Somanath during the first National Space Day celebrations to commemorate the successful landing of the ‘Vikram’ Lander on the surface of the Moon, in New Delhi on August 23, 2024. | Photo Credit:…

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Science