Reliance Industries Could Add $100 Billion to Market Cap: Morgan Stanley

JK Tyre becomes India’s first tyre company to join RE100

JK Tyre & Industries, India’s leading tyre manufacturer, has reaffirmed its commitment towards sustainability by joining RE100 and using 100% renewable electricity by 2050. JK Tyre is the first Indian tyre manufacturer and 16th Indian business to join RE100. To stay on course, the company has set a midterm goal (by FY’30) to reduce its greenhouse gas (GHG) emission intensity by 50% compared to the base financial year 2019. JK Tyre aims to drive sustainable practices within the sector, paving the way towards a carbon-neutral future by not only preparing for future climate regulations but g..

Liebherr hydraulic excavators renovate taxiway at Hamburg Airport

Liebherr-Mietpartner GmbH has proven to be a reliable partner for KEMNA BAU on the D1 taxiway at Hamburg Airport. With the rental of six powerful machines, the work on the taxiway was completed reliably and to a high standard. In particular, the rapid availability of the machines and the reliability of Liebherr employees and machines were decisive factors for KEMNA BAU in choosing Liebherr. Once the old concrete surface of the taxiway had been milled away, the four mobile excavators and two crawler excavators came into play: First, hydraulic hammers were used to break out damaged concrete pat..

Blox acquires strategic stake in Guardians

Blox, India’s leading digital real estate platform, has acquired an 11% stake in Guardians for $12 million, with plans to increase its ownership to 50% over the next three years. This acquisition solidifies Blox and Guardians as India’s largest real estate seller, managing annual sales of approximately 25,000 homes with a consolidated Gross Transaction Value (GTV) of $2 billion in the primary residential market. Looking ahead, Blox is set to grow its GTV fivefold to $10 billion over the next 3-5 years, aligning with the rapid expansion of India’s real estate market, which is projected t..