Aamir Khan's Luxe Mumbai Apartment and Vedanta's Environmental Wins

July 5, 2024, 3:35 am
Vedanta Aluminium Business
Vedanta Aluminium Business
AerospaceAutomationBuildingBusinessFutureIndustryMarketProductTechnologyVehicles
Location: India, Delhi, New Delhi
Employees: 10001+
Founded date: 2003
Bollywood star Aamir Khan splurges on a Rs 97.5 million Pali Hill apartment in Mumbai, adding to the city's luxury real estate allure. The upscale property, located in the tranquil Pali Hill area, offers a serene escape from the city's chaos. Khan's purchase reflects the post-COVID surge in demand for high-end housing, with celebrities and elites driving the market.

In a different realm, Vedanta Aluminium shines with accolades for its environmental and energy excellence. The company's alumina refinery unit in Lanjigarh, Kalahandi district, bags the prestigious Kalinga Energy Excellence Award and Kalinga Environment Excellence Award. Vedanta's sustainability efforts, including Net Zero initiatives, set a benchmark for the industry.

On the financial front, IREDA sees a loan surge to Rs 91.36 billion in April-June, marking significant growth in sanctioned loans and disbursements. The public sector NBFC's outstanding loan book stands at Rs 631.50 billion, showcasing a robust 33.77% increase from the previous year. Pradip Kumar Das, the man behind IREDA's success, navigates the company towards greater heights.

Meanwhile, India and Australia gear up to enhance cooperation in critical minerals and processing, aiming to boost battery production and mineral processing. Commerce Secretary Sunil Barthwal highlights the countries' interim free trade agreement and ongoing negotiations for a comprehensive pact. The roadmap for vehicle electrification paves the way for deeper integration between the Indian and Australian economies, fostering growth and innovation in key sectors.

In a parallel universe, L&T secures a major ONGC project, highlighting its expertise in hydrocarbon engineering and construction. The eighth phase of the Pipeline Replacement Project (PRPVIII Group B) off India's west coast involves intricate EPC activities, including the installation of 129 kilometers of subsea pipelines. This project underscores L&T's prowess in executing complex hydrocarbon projects, bolstering the region's energy infrastructure.

As Aamir Khan revels in his lavish Mumbai abode and Vedanta shines with environmental accolades, the business landscape evolves with financial surges and international collaborations. Each story paints a picture of ambition, success, and progress in their respective domains, shaping the narrative of India's dynamic growth trajectory.