Godrej Properties Ltd on Friday said it has bought 18.6 acre land at Kandivali in Mumbai to develop a premium housing project and expects sales revenue of about Rs 7,000 crore.

In a regulatory filing, the company informed that the project would have a developable potential of about 3.72 million square feet with an estimated revenue potential of around Rs 7,000 crore.

Visakhapatnam-based RINL has supplied 1,800 tonnes of structural steel to AMNS India for its expansion project in Hazira, Gujarat.

On October 28, the Gujarat-based steel maker AMNS India kicked off the Rs 60,000-crore expansion project to scale up the capacity of its steel plant to 15 million tonnes (MT) from about 9 MT at present.

Drug firm Orchid Pharma on Thursday said its board has approved to raise Rs 500 crore from institutional investors.

The company's board has approved a Qualified Institutional Placement (QIP) programme to raise Rs 500 crore, it said in a regulatory filing.

Larsen & Toubro (L&T) on Thursday said it has closed a $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corporation (SMBC).

Sustainability-linked loans aim to facilitate and support environmentally and socially sustainable economic activity and growth.

Accenture in collaboration with Amazon Web Services, Inc. (AWS), today launched Velocity – a platform to Help Clients Drive up to 50% faster business transformation by removing the complexity of building and operating enterprise-scale applications and estates in the cloud.

Jointly funded and co-developed platform with AWS, Velocity is based on the learnings from thousands of Accenture and AWS projects. The product, which will be available on a subscription basis, allows clients to quickly adopt innovations by both tech majors.

Assam Chief Minister Himanta Biswa Sarma on Wednesday inaugurated the ceremonial distribution of scooters to meritorious candidates who cleared the last higher secondary examinations conducted by the Assam Higher Secondary Education Council with percentage above a certain threshold at a ceremony held at the Veterinary College Playground in the state's capital city.

Banikanta Kakati Merit Award, under the Pragya Bharti scheme, this year is being awarded to a total of 35,800 beneficiaries, of which 6,052 are boys and 29,748 are girls.

The rupee appreciated 32 paise to 80.98 against the US dollar in early trade on Thursday on a broad dollar weakness after Federal Reserve Chairman Jerome Powell said the pace of interest rate hikes may slow.

At the interbank foreign exchange, the domestic unit opened at 81.08 against the dollar, then gained further ground to touch 80.98, registering a rise of 32 paise over its previous close.

Vodafone Idea (Vi) has approached the State Bank of India (SBI) for a loan of Rs 15,000-16,000 crore to meet its capital expenditure needs and fund its gear supply for the 5G rollout, a report in the Economic Times (ET) said.

The talks have reportedly been going on for over a month now and SBI is waiting to get clarity on the government's potential shareholding in Vi, the report added.

Polling began at 8 am on Thursday for the first phase of Gujarat Assembly elections in 89 out of the total 182 seats across 19 districts of Saurashtra-Kutch region and southern parts of the state to decide the fate of 788 candidates.

The voting is being held across 14,382 polling stations, of which 3,311 are in the urban and 11,071 in rural areas, the office of the state Chief Electoral Officer (CEO) said.

Amazon CEO Andy Jassy said Wednesday the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it.

Pressure has been mounting on Amazon to discontinue sale of the film, called Hebrews to Negroes: Wake Up Black America," since Irving shared the link to the documentary with his millions of Twitter followers in October. The synopsis on Amazon says the film uncovers the true identity of the Children of Israel.

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