Novartis has opened its new manufacturing plant for generic oral cancer medicines at Kalwe in Mumbai. Spread across 32,000 sq m, and housing state-of-the-art production technology, the plant is built to cater to export markets.

Tamil Nadu secured investments worth Rs 1.25 trillion by signing of memoranda of understanding (MoU) with 60 companies, laying of foundation stones and inauguration of new projects.

82.5 per cent developers of NCR are planning to launch new projects in the year 2022, a study by CREDAI NCR showed. As per the study, 50 per cent of developers prefer to launch projects in the affordably segment in the price bracket of Rs 3000-5000 per sq ft.

Lodha will invest $ 500 million over the next 5-7 years on sustainability initiatives across all projects as it aims to be a net-zero carbon company by 2035.

Joyville Shapoorji Housing will invest Rs 700 crore in land acquisition even as its promoters explore options for the next round of funds.

GIC has agreed to invest Rs 2,800 crore in Bhartiya Group’s commercial project in Bengaluru. The deal will see GIC pick up 3 million sq ft of commercial assets in Bhartiya City, a 125-acre township project, along with some revenue from its facility management business

The renewable energy space turns out to be the hotbed of investments in India as top conglomerates Reliance Industries, Adani, Tata, and JSW - vie for dominance. The four conglomerates will make an aggregate investment of nearly Rs 4 lakh crore in 5-10 years in the segment.

Shoppers Stop plans to launch 12 new stores in FY23, primarily in tier-2 and tier-3 cities, and will continue to invest in store renovations. The company is investing in the new-age technology and is backing its data analytics project Jarvis to maximise its understanding of customer behaviour and preferences.

JSW Steel has earmarked a sum of Rs 10,000 crore to increase use of renewable energy to replace thermal power and other green initiatives. The company has already contracted for 1 gigawatt (GW) of renewable energy, of which 225 MW has become operational in April 2022, and the balance will come on stream in phases.