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ASK Property Fund, the real estate private equity arm of ASK Group, has invested Rs 225 crore in a residential project by Kumar Realty in Pune's Hinjewadi. The investment was made through ASK Real Estate Special Opportunities Fund IV (RESOF IV). The project targets affordable and mid-income homebuyers and is part of an integrated township. ASK Property Fund has a track record of 15 investments in Pune's real estate market.

India is expected to approve investment proposals worth ₹4,000 crore under the revised IT hardware Production Linked Incentive (PLI) scheme. Last month, the ministry of electronics and IT received 40 proposals amounting to ₹5,000 crore, but not all will be approved due to budget constraints.

ACME has signed an agreement with Tata Steel Special Economic Zone (TSSEZL) to acquire 343 acres of land for a green hydrogen and green ammonia project in Odisha. ACME plans to collaborate with Japan's IHI Corporation for the project, which will involve setting up a green ammonia production facility powered by renewable energy.

The Biological Diversity (Amendment) Bill 2021 and Forest Conservation (Amendment) Bill 2023, which will be tabled during India's monsoon session of Parliament, have been criticised for potentially harming the country's ecosystems and biodiversity. While joint parliamentary committees have cleared the amendments, concerns persist that they could undermine environmental protection and development.

The sad news about the untimely death of Donald Moore shocked me to my bones. The last time I was in his company was at the funeral of our late sister and companion, Beata Kasale, four years ago in a neighbouring farm in Mochudi. Having spent the past three years in South Africa as a […]