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Hinduja Group on Thursday said it plans to invest Rs 2,500 crore in Tamil Nadu across its businesses. The investments will include renewable energy, electric mobility, automotive, financial services, energy, battery charging infrastructure and digital mobility solutions, the group said in a statement. "Our Rs 2,500 crore commitment is a statement of our confidence in Tamil Nadu and our desire to participate in its next phase of growth. With its strong industrial base, talent and renewable energy potential, Tamil Nadu is well positioned to lead India's energy and mobility transition," Hinduja Group of Companies (India) Chairman Ashok Hinduja said. The group is looking forward to building on its long-standing association with the state and working with the government of Tamil Nadu to create lasting value through investments in clean energy, electric mobility and other emerging opportunities, he added. A key component of the commitment will be the development of over 200 MW renewable
Leela Palaces Hotels & Resorts on Monday said it proposes to invest up to Rs 185 crore in its subsidiary Buildminds Real Estate Private Limited to meet the capital requirements for the construction of an upcoming 5-star hotel in Ayodhya. The investment in Buildminds will be made through subscription to Compulsorily Convertible Preference Shares (CCPS) in one or more tranches over one or more years, the company said in a regulatory filing. "Buildminds is engaged in the development of our upcoming 5-star hotel at Ayodhya. The proposed investment forms part of the company's overall commitment to fund the capital requirements of Buildminds and is intended to support its ongoing business operations, project development activities and long-term growth plans. "The investment shall be made in one or more tranches, depending upon the funding requirements. Being an investment in an existing subsidiary, this will not result in any change in the management control or any economic interest in .
Hindalco Industries will invest Rs 50,000 crore in India over the next three years across upstream and downstream businesses and is evaluating an additional Rs 50,000 crore of growth opportunities, creating a potential Rs 1 lakh crore investment pipeline, its Chairman Kumar Mangalam Birla said on Thursday. Speaking at the company's 67th Annual General Meeting, Birla said, "Across our businesses, Hindalco is executing an unprecedented investment to enhance capacities in our mines, upstream and downstream operations in India. We have already earmarked Rs 50,000 crore for strategic growth projects across the value chain. Another Rs 50,000 crore of opportunities are being evaluated." This potential Rs 1 lakh crore investment pipeline will lift the company's growth trajectory and put the company in a strong position to meet India's demands for metal solutions. Hindalco Industries, he said, is investing across the value chain to build scale, strengthen resource security and create ...
The government on Tuesday said that Production Linked Incentive (PLI) schemes have resulted in actual investments of over Rs 2.40 lakh crore and generated over 14.15 lakh jobs until March this year. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said that the schemes have collectively enabled exports of over Rs 15.2 lakh crore since their inception, reflecting India's growing integration with global value chains. "As on March 31, 2026, under the PLI Schemes resulted actual investment of over Rs 2.40 lakh crore and employment generation of over 14.15 lakh (direct and indirect)," he said. According to the data provided by the minister in his reply, the maximum investment was received in the high efficiency solar PV modules (Rs 64,873 crore). It was followed by pharma (Rs 45,158 crore), auto (Rs 44,326 crore), speciality steel (Rs 23,896 crore), and the large-scale electronics manufacturing sector till March (Rs 20,580 ...