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By Manbir Sandhu , 15 April 2025
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Godrej Industries Expands Footprint with Acquisition of Savannah Surfactants’ Food Additives Business

Godrej Industries' Chemicals Business has completed the acquisition of the Food Additives Business from Savannah Surfactants, marking a strategic expansion into the global food and beverage sector. This acquisition aligns with the company’s broader vision of growth in specialty chemicals, enhancing its global product offerings. Located in Goa, Savannah Surfactants adds substantial manufacturing capacity, reinforcing Godrej’s position in the oleochemicals, surfactants, and biotechnology sectors.

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  • Business
By Gurminder Mangat , 15 April 2025
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Marriott Hotels Expands Presence in Rajasthan with the Opening of Udaipur Marriott

Marriott Hotels, a leading global hospitality brand under Marriott Bonvoy, has unveiled its latest addition in India with the opening of the 226-key Udaipur Marriott Hotel in Rajasthan. Situated in the picturesque city of Udaipur, renowned for its scenic lakes and historical landmarks, the hotel offers a blend of modern luxury and Marriott's signature service. The launch reflects Marriott's continued expansion strategy in India, particularly in Rajasthan, a prime tourist destination.

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  • Hotel
By Manbir Sandhu , 15 April 2025
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Macrotech Developers and House of Abhinandan Lodha Settle Trademark Dispute

Macrotech Developers, the flagship real estate company led by Abhishek Lodha, has reached an amicable resolution with House of Abhinandan Lodha (HoABL), formed by his younger brother, Abhinandan. The two entities, after months of litigation, have agreed on a separation of their brand identities, with Macrotech continuing to use the "Lodha" brand and HoABL operating independently under its own name. This settlement, guided by family mediation, ensures that the two companies will not have any claims against each other, allowing both to move forward without further legal entanglements.

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  • Real Estate
By Kirti Srinivasan , 15 April 2025
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Tata Power Renewable Energy Expands Footprint with 200 MW Clean Power Project

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has entered into a significant power purchase agreement (PPA) with NTPC Ltd to develop a 200 MW renewable energy project. This initiative marks a substantial step in TPREL's journey, as the project will increase its renewable utility capacity to 10.9 GW. Comprising solar, wind, and battery energy storage systems (BESS), the project aims to produce 1,300 million units of electricity annually and help mitigate over 1 million tonnes of CO2 emissions annually.

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  • Power
By Manbir Sandhu , 15 April 2025
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Slower Growth in Diesel Demand Signals Shifts in India’s Energy Landscape

India’s diesel consumption growth has slowed to its lowest rate since the pandemic, reflecting the impact of a decelerating economy and a shift towards cleaner fuels. Diesel consumption in the 2024-25 fiscal year rose just 2% to 91.4 million tonnes, down significantly from previous years. While diesel still dominates the transportation sector, electric vehicles (EVs) are reshaping the demand dynamics, particularly in urban areas. The shift is also being driven by large logistics companies transitioning to electric fleets.

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  • Energy
By Kirti Srinivasan , 15 April 2025
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Saptashree Group’s AI-Powered IT Park in Thane Set to Revolutionize Commercial Real Estate

Saptashree Group has unveiled plans for its flagship AI-powered IT park, AI Thane, located in the bustling Wagle Estate of Thane. With a projected revenue of Rs 500 crore from this project alone, the 1.5-acre development promises to redefine the commercial real estate landscape. The park will feature cutting-edge AI technology, including a human-less parking system, facial recognition access, and smart energy optimization.

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  • Real Estate
  • AI
By Kirti Srinivasan , 15 April 2025
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Government Drafts New Rules for Gas Meter Testing and Verification to Safeguard Consumers

The Ministry of Consumer Affairs has proposed new regulations under the Legal Metrology (General) Rules, 2011, aimed at ensuring the accuracy and reliability of domestic, commercial, and industrial gas meters. These regulations require that all gas meters undergo testing, verification, and stamping before use in trade, helping to prevent billing disputes and protect consumers from faulty or manipulated devices.

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  • Energy
By Gurminder Mangat , 15 April 2025
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Mines Ministry to Launch Program Management Unit to Enhance Implementation of PMKKKY for Mining-Affected Communities

The Ministry of Mines has announced plans to establish a Program Management Unit (PMU) to oversee and facilitate the effective implementation of the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY). Launched in 2025, the scheme aims to improve the welfare of areas and people impacted by mining operations, utilizing funds generated by District Mineral Foundations (DMFs). With a revised set of guidelines released in 2024, the scheme places greater emphasis on sustainable development, particularly in aspirational districts and blocks.

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  • Mining Sector
By Manbir Sandhu , 15 April 2025
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Govt Allocates Major Portion of Rs 10,000 Cr Fund to Propel Innovation in AI, Tech & Machine Building Startups

The Indian government has announced that a substantial portion of its newly introduced Rs 10,000 crore Fund of Funds Scheme (FFS) will be directed towards emerging sectors like artificial intelligence (AI), new-age technologies, and machine building. This initiative, set up by the Ministry of Commerce and Industry, aims to provide much-needed capital to innovative startups in these high-growth areas.

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  • AI
  • Technology Sector
By Kirti Srinivasan , 15 April 2025
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Ice Cream Brand NOTO Raises Rs 21 Crore to Expand Production, Distribution, and Brand Presence

NOTO, a Mumbai-based healthy ice cream startup, has successfully raised Rs 21 crore in a pre-Series A funding round, led by Equentis Angel Fund. The latest funding, following a Rs 15 crore raise earlier this year, will help the company scale production, expand distribution, and open offline stores. NOTO, known for its low-calorie, no-sugar, and vegan ice creams, aims to strengthen its omnichannel presence across key markets, particularly in Tier-1 and Tier-2 cities.

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  • Business

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