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Cement deal is biggest acquisition yet for Asia’s richest man
IHC’s stake comes as the Indian tycoon makes ambitious green energy push
First shipment expected from Carmichael site by end of year after more than a decade of opposition
Agreement part of Modi government’s efforts to reach net zero by 2070
Bank says business ‘is not aligned with ESG principles’
Announcement comes two weeks before COP26 climate summit in Glasgow
Shares in conglomerate’s six listed businesses fall after probe revealed in parliamentary answer
Indian tycoon’s companies had been hit by concerns over foreign funds freeze
Japanese group will sell energy unit to Indian conglomerate at $3.5bn valuation
Questions raised over climate impact of offsets generated by projects that are already well-funded
French major expands presence in country with 20% stake in tycoon’s renewables division
Critics say auction of insolvent DHFL casts doubt on country’s overhauled bankruptcy code
Indian tycoon has profited from the rise of green energy and closeness to Modi
Indian group is latest to blame regulatory challenges as it scales back ambitions
Potential loss of transport link another blow to group’s Australian coal project
Setback for Indian group after it failed to secure Chinese funding
Indian group enlists Canberra’s support to unlock Chinese cash for vast coal project
Lenders wary of coal project’s reputational impact and risk of funding a stranded asset
Analysts question business rationale for project and Indian group’s capacity to fund it
Controversial move further angers campaigners opposed to A$16.5bn coal venture
Campaigners say A$21.7bn project in Queensland’s Galilee Basin will cause irreversible climate damage
Federal court decision is latest blow to Indian group’s A$16bn Queensland coal project
India is attracting unprecedented levels of support from fund managers
Conglomerates among 132 companies eligible to bid for 100 licences
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