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ReNew Announces INR 60,000 Crore Investment in Andhra Pradesh’s Green Energy Sector
Leading decarbonisation solutions provider ReNew Energy Global Plc (ReNew) said on 13 November that it will invest INR 60,000 crore ($6.7 billion) in Andhra Pradesh to establish several green energy projects in the state, bringing its total new investment in the state to INR 82,000 crore ($9.
Mahindra, Manulife Form 50:50 Life Insurance Joint Venture in India
After the successful launch of Mahindra Manulife Investment Management in 2020, the JV will build on the partnership between Mahindra and Manulife in India, subject to regulatory permission. Each shareholder is anticipated to contribute INR 1,250 crore during the first five years, for a total capital commitment of up
Event Planet Technologies Secures $250K Investment at ₹30 Crore Valuation to Transform India’s Event Industry
Event Planet Technologies, a global event and wedding aggregator platform founded in 2024, has raised $250,000 in angel funding from USA-based serial investor and NRI, Mr. Virendra Prasad, valuing the company at ₹30 crore. The investment will drive Event Planet’s next phase of growth as it expands into
Jaypee Infratech MD Manoj Gaur Arrested by ED in INR 12,000 Crore Money Laundering Probe
According to officials on 13 November, Manoj Gaur, the managing director of Jaypee Infratech Ltd (JIL), has been arrested by the Enforcement Directorate (ED) in relation to a money laundering case worth INR 12,000 crore. Investigators claimed Gaur was involved in the misappropriation and diversion of money obtained from