24-Jun-2024: India Business News Highlights (Last 24 Hours)
🌟 L&T Secures $120-300 Million Solar Project in Bihar 🌟 Larsen & Toubro (L&T) has won a significant contract to develop a 185 MW solar photovoltaic plant in Bihar, valued between $120 million and $300 million. This project highlights L&T's expanding footprint in the renewable energy sector 💼 Amazon's $15 Billion Investment Plan in India 💼 Amazon has announced an additional $15 billion investment in India by 2030, bringing its total investment in the country to $26 billion. This move underscores Amazon's commitment to capturing the growing e-commerce market in India 📈 Foreign Investors Allocate $4.3 Billion to Indian Bonds 📈 Foreign investors have allocated approximately $4.3 billion to Indian bonds ahead of their inclusion in the JPMorgan Emerging Market debt index. This reflects growing confidence in India's economic stability and attractive bond yields 🚀 Adani Foundation's $110 Million Social Impact 🚀 At the Adani Group's Annual General Meeting, Gautam Adani highlighted the Adani Foundation's social contributions, impacting 9.1 million people across 6,769 villages in 19 states with initiatives valued at around $110 million 🎓 Leadership Change at Sony Pictures Networks India 🎓 Sony Pictures Networks India has appointed Gaurav Banerjee as the new Managing Director and CEO. This leadership transition is expected to drive strategic growth and innovation in the company's operations 🌐 Aadifidelis Solutions Eyes Major Growth 🌐 BLS International's Joint MD, Shikhar Aggarwal, announced expectations of significant growth from Aadifidelis Solutions, with new contracts expected from European and North American markets. This expansion is set to bolster their global presence Ref: Zerodha & Business Today Stay tuned for more updates! 📊✨