Angel investor Venture Catalysts (VC) has raised Rs. 100 crore for a new fund which will invest in over 100 Indian startups. The '9unicorns Accelerator Fund' of the VC is built along the lines of Silicon Valley's accelerator fund Y Combinator's strategy which has over 2,000 investments.

The State Empowered Committee (SEC) has recommended investment proposals of Adani Green Energy, Kanchan India, Wonder Cement, Hemdha Mediresources, and Elcina to the cabinet for a decision on offering customized packages. These projects are expected to bring in investments of Rs. 47,000 crore and generate thousands of employment opportunities.

JSW plans to invest over Rs. 1 lakh crore in Odisha in the next 10 years. The integrated steel plant project of JSW with a capacity of 13.2 MTPA at Jatadhar in Jagatsinghpur district will come up soon. JSW Steel will also set up a 100-bed hospital and a school at Koida in Sundergarh district in the PPP mode.

Thyssenkrupp has unveiled plans to build a factory that will be able to produce carbon neutral steel by using hydrogen generated via renewables instead of coal. Germany's largest steelmaker plans to complete most of the plant by 2025, enabling it to produce 400,000 tonnes of green steel a year.

Loktak Downstream Hydroelectric Corporation Limited (LDHCL), a joint venture of NHPC Ltd and the Government of Manipur, has signed a Power Purchase Agreement (PPA) with Manipur State Power Distribution Company Ltd (MSPDCL) for 66 MW Loktak Downstream Hydroelectric Project, located in Manipur.

Bihar has launched a series of power projects worth Rs. 4,855.37 crore. Of this amount, Rs. 3,130.54 crore was spent on replacing rickety and old electrical wires in different parts of the state. The state has also promised prepaid meter to every consumer.

India Grid Trust (IndiGrid) has completed the acquisition of another transmission asset, Gurgaon Palwal Transmission Ltd (GPTL) from Sterlite Power, at an enterprise value of Rs. 1,080 crore. With this acquisition, IndiGrid's assets under management have increased by 9 per cent to Rs. 13,300 crore.

In a major boost to upgrading the suburban railway network in the Mumbai Metropolitan Region, the Mumbai Rail Vikas Corporation along with the Maharashtra government has signed a loan agreement of Rs. 3,700 crore ($500 million) with the Asian Infrastructure Investment Bank (AIIB).

Sikkim, the only North-Eastern state without rail connectivity, could be added to India’s rail map by 2022. According to an official, work on the railway line is already in progress in various sections, though the work is affected due to difficult terrain, a prolonged rainy season, and Covid restrictions.