BigBloc Construction

BigBloc Construction Expands Solar Power to 3,475 KW

BigBloc Construction Ltd., through its subsidiary Starbigbloc Building Material Limited, is significantly expanding its solar power capacity as part of its sustainability initiatives. The company has recently placed an order for the installation of two rooftop solar power projects: an 800 KW system at its Kheda Unit and a 1,350 KW system at a new…

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Mankind Pharma

Mankind Pharma Partners with Kotak and IIFL for Rs 3,000 Crore QIP to Fund BSV Deal

Mankind Pharma, India’s fourth-largest pharmaceutical company by domestic sales, has strategically moved forward with its Rs 13,630 crore acquisition of Bharat Serums and Vaccines (BSV). In a bold funding move, the pharma giant has partnered with Kotak Mahindra Capital and IIFL Capital to launch a Qualified Institutional Placement (QIP) worth up to Rs 3,000 crore,…

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Invest

Karnataka’s Race for Big Projects: Overhauling Invest Karnataka Forum to Attract Investment and Generate Jobs

Karnataka is positioning itself for a major economic transformation by revamping its investment promotion agency, the Invest Karnataka Forum (IKF). With the ambitious target of becoming a $1 trillion economy by 2032 and creating 25 lakh jobs in the next five to seven years, the state is making aggressive moves to attract large-scale investments, particularly…

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Reliance Group

Reliance Group Partners with Bhutan to Develop 1,270 MW of Solar and Hydropower Projects

Exciting news from the renewable energy sector! The Anil Ambani-led Reliance Group has announced a landmark partnership with the Bhutanese government to jointly develop 500 MW of solar and 770 MW of hydropower projects in the country. This represents the largest foreign direct investment by a private company in Bhutan’s green energy space, further solidifying…

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Reliance

Reliance secures government approval for the transfer of Viacom18’s non-news and current affairs TV channel licenses to Star India.

This is a significant step in the merger between Viacom18 and Star India, Disney’s Indian unit, to form India’s largest television and digital streaming entity. On February 28, 2024, Reliance Industries Limited (RIL) first announced the merger plan, with the Competition Commission of India (CCI) granting approval on August 28, 2024. The National Company Law…

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Equity Market

Caution Needed in Speculative Equity Market Activities: FM Sitharaman’s Warning

Introduction Union Finance Minister Nirmala Sitharaman has recently emphasized the need for caution in speculative activities within the equity market. Her remarks come at a time when the market is witnessing a surge in speculative trading, raising concerns from regulatory authorities such as the Securities and Exchange Board of India (SEBI) and the Reserve Bank…

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