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DLF finds a buyer, sells Gujarat wind biz for Rs 282 cr

By : Sustainability ..., Feb 1, 2013

Country’s largest realty firm DLF today said it will sell its wind turbine business in Gujarat to Bharat Light & Power for Rs 282.30 crore, thus starting the process to divest its last major non-core asset.

After signing the agreement for sale of this 150 MW...

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From Carbon20 to Betterbusiness: Reckitt Benckiser makes sustainability corner stone of its growth agenda

By : Anindita Chakraborty, Jan 31, 2013

Reckitt Benckiser launched a new sustainability strategy in 2012 upon early achievement of its successful Carbon20 programme. The new betterbusiness strategy is based on an analysis of key global trends of decreasing resources and was developed to integrate it with a new...

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Delhi warms up to green workplaces

By : Sustainability ..., Jan 28, 2013

Employees at an office block in Greater Noida's Ecotech City do not need any artificial lighting. Not even a CFL bulb. Sunlight floods into their workspaces, and the play of light and fresh air ensures an almost ideal temperature inside. Welcome to the new-age office space....

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Subject Tags: Business , Labor , Law

New waste disposal system in city from March 1

By : Sustainability ..., Jan 24, 2013

GVMC will introduce localised solid waste management in all the 72 wards of the city from March 1.

Announcing this at the inaugural of a national workshop on ‘Appropriate solid waste management options for small and medium towns in India’ here on Tuesday,...

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GE and Sealed Air’s Diversey® Business Expand Global Water Alliance to India

By : Sustainability ..., Jan 24, 2013

GE and Sealed Air’s Diversey business are bringing their global water alliance to the food and beverage markets in India. GE and Diversey will provide advanced water and energy management services in the region, a first for the one-year-old alliance.

Specifically...

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Subject Tags: Business , Diversey , GE

L&T Infra may fund BLP’s acquisition of DLF wind power biz

By : Sustainability ..., Jan 23, 2013

L&T Infrastructure Finance Co. Ltd may fund Bharat Light and Power’s (BLP) acquisition of real estate developer DLF Ltd’s wind power business in a deal valued at a potential Rs.900 crore.

BLP is promoted by Tej Preet Chopra, former president and chief...

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Ikea to Double Renewable Energy Investment to $4 Billion by 2015

By : Sustainability ..., Jan 23, 2013

Ikea Group, the world’s biggest furniture retailer, will double its investment in renewable energy to $4 billion by 2020 as part of a drive to reduce costs as cash-strapped consumers become more price sensitive.

The additional spending on projects such as wind...

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Fledgling Electric Vehicle Industry Looks To NEMP for Revival

By : Anindita Chakraborty, Jan 18, 2013

The National Electric Mission Plan has recently been adopted in a bid to catalyze the growth of electric vehicles in the country. This article takes a look at the factors at play to energize the electric vehicles industry in India.

Electric vehicles have been...

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Subject Tags: Business , Policy Tracker

DLF to sell wind energy business for Rs 900 crore to kill its debt

By : Sustainability ..., Jan 17, 2013

India's biggest real estate group DLFBSE -1.54 % will sell its wind energy business to an unlisted firm founded by the former General Electric India boss Tejpreet Singh Chopra for around Rs 900 crore, two people familiar with the matter said.

"The divestment of...

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Subject Tags: Business , energy

Don't View 2% CSR Spend as a Spend - View it As A Core Business Strategy

By : Pankaj Arora, Jan 15, 2013

Do you think of the recent Companies Bill in India mandating companies of certain size to spend 2% of their net profits on CSR (Corporate Social Responsibility) activities will bring higher transparency, efficiency and responsibility among the Indian businesses?

While...

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