VEOLIA
French group Veolia aims $1.2 billion in revenue from data centres, chips by 2030
The tech sector's expansion of data centres, driven by surging demand for AI following the widespread adoption of ChatGPT, has strained power supplies and raised concerns over global grid capacity.
Water emerges as a dangerous new war target
An Iranian drone attack reportedly damaged a Bahraini water desalination plant, with Tehran accused of targeting civilian infrastructure. While Bahrain stated no impact on water supplies, Iran claims the US attacked a similar facility. Such attacks are rare but could have severe consequences in the arid Middle East, where desalination is vital.
From Nagpur pilot to AI leak detection: Building Asia’s largest water plant in Mumbai & inside Veolia’s India playbook
Guillaume Dourdin, CEO & Country Director of Veolia India, on the company’s 25-year journey, Mumbai’s water ambitions, and why compliance is becoming the ultimate licence to operate in India.
European shares fall on tech rout, Fed policy jitters
The STOXX is on track for weekly losses of nearly 3%, its biggest weekly drop since the unveiling of U.S. tariffs sent global markets into a tailspin between late March and early April. Among individual stocks, French water and waste management group Veolia VIE.PA lost 1% after agreeing to buy U.S.-based hazardous waste company Clean Earth from Enviri for $3 billion.
WEL secures ₹3,145 crore order to build water treatment plant in Panjrapur
Welspun Enterprises has won a significant Rs 3,145 crore contract to build and operate a water treatment plant in Panjrapur, Maharashtra. This project will enhance Mumbai's water supply using advanced technology. The company has partnered with Veolia for this venture. The plant's construction will take 48 months, followed by 15 years of operation and maintenance.
Jakson Green wins NTPC order for setting up project to produce 4G ethanol from flue gas
Jakson Green secured a contract from NTPC to build a plant in Chhattisgarh producing 10 tonnes per day of 4G ethanol from power plant flue gases. Utilizing Veolia’s carbon capture technology, the plant will capture 25 TPD CO2 and produce 3 TPD green hydrogen. The project will be operational in two years.
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Communities can't recycle or trash disposable e-cigarettes. So what happens to them?
Communities in the US are grappling with the safe disposal of millions of disposable e-cigarettes, which are considered hazardous waste. For years, the debate surrounding vaping largely centered on its risks for high school and middle school students. The devices, which contain nicotine and metals such as lithium, cannot be reused or recycled. Local officials have resorted to various methods of disposal, including incineration. Critics argue that the vaping industry has not taken responsibility for the environmental impact of its products.
European shares bounce as cyclicals, growth stocks find footing
The pan-European STOXX 600 index added 0.8%, steadying after snapping two weeks of gains on Friday.Miners, technology and autos, among the hardest hit in the previous week, led early gains on Monday.Focus shifts to a key inflation data from the world's biggest economy later in the week, after global stock markets were spooked by data on Friday that showed a large increase in U.S. employment.
Veolia, Suez agree $15 billion utilities merger after bitter spat
SUEZ-M&A/VEOLIA (UPDATE 3, PIX)UPDATE 2-Veolia, Suez agree $15 billion utilities merger after bitter spat
Paris-based Veolia, Carbon Clean to jointly set up bio-fuel, carbon capture units in India
The two companies have identified the first two projects that will be set up with an investment of Rs 100 crore, and have plans to set up 100 such greenfield projects in the next three-four years in India.
European stocks seek direction after Wall Street rally
Global markets saw a relief rally as U.S. President Donald Trump was discharged from the hospital on Monday following treatment for COVID-19 and the prospects for a fresh U.S. stimulus package appeared to brighten.
European stocks sapped by virus, U.S. election worries
The pan-European STOXX 600 index was down 0.3% by 0711 GMT tracking Wall Street futures lower after a messy face-off between U.S. President Donald Trump and Democratic rival Joe Biden overnight stoked caution among investors.
European shares surf on post-Christmas recovery rally
The pan-European STOXX 600 rose 0.1 percent at the open to reach a one-month high.
French companies evince keen interest in bullet train project
The government had unveiled these plans in the Railway Budget, 2014-15 presented in Parliament yesterday.
Mumbai Metro closer to operations, to get speed certificate this week
Railway's research arm RDSO is likely to issue 'speed certificate' to the much-awaited Mumbai Metro this week, sources said.
Delhi Government's ambitious water supply scheme under CBI scanner
Delhi Govt's ambitious project to provide uninterrupted water supply has come under CBI scanner which has initiated three enquiries relating to tender terms allegedly favouring one of the bidders.
IFC to invest in Doshion up to $25 million
International Finance Corporation (IFC), the private investment arm of World Bank, will invest in Ahmedabad-based Doshion Ltd, a company engaged in water management.
Insurers ride on metro projects for a windfall; earn 300 crore
Four states have taken risk covers aggregating to over 70,000 crore for metro rail projects in their capitals, bringing a windfall for insurance companies.
Kirloskar Brothers to sell its arm for Rs 47.44cr
Centrifugal pumps maker Kirloskar Brothers today said it will sell its entire 100% stake in Gondwana Engineers to Doshion Veolia Water Solutions for Rs 47.44 cr.
'Mumbai Metro will be 99% reliable'
The directors of Mumbai Metro One (MM1), the special purpose vehicle which is in charge of building and operating the line, said it will be 99% reliable and on a par with the best new Metros globally.
AB Volvo chairman leaves job to Astra's Schweitzer
Swedish truckmaker AB Volvo on Friday said its chairman Finn Johnsson is leaving his post with immediate effect and will be replaced by Louis Schweitzer, the current chairman of drug maker AstraZeneca.
TCS, Wipro, Infosys among cos hiring people: Forbes
The 3 Indian cos along with UK retailer Tesco and Finnish mobile phone maker Nokia are part of Forbes 'Global 2000 Cos That Are Hiring'. India's 10 best employers
Utility Veolia cuts investment, cash flow outlook
French water and waste management group Veolia said on Sunday that it had revised down its outlook for its investments and cut its forecast for operating cash flow in 2008 due to the economic slowdown.
Mumbai Metro project to be completed by July 2010: MMOPL
After signing loan agreements with six banks for the proposed Rs 2,356-crore Mumbai metro project, Mumbai Metro One (MMOPL) today said it has targeted to complete the project by July 2010.
GM to build world's biggest rooftop solar station
General Motors will announce that it will build the world's largest rooftop solar power station at its biggest factory in Europe.
JUSCO bags global water award in London
Jamshedpur utility and services company (JUSCO), a 100 per cent subsidiary of Tata Steel, has been awarded with global water award 2008 in London.
Veolia net profit gained 22% in '07 buoyed by acquisitions
Veolia Environnement SA, the world's biggest water company, said on Friday that net profit rose 22 per cent last year, buoyed by the impact of recent acquisitions and lower tax charges in Germany and the UK.
Doshion targets Rs 1,000 cr revenues, open to PE investment
Gujarat-based water management firm Doshion Ltd is aiming at a revenue of Rs 1,000 crore by 2010-11, driven by a high demand from the infrastructure sector.
Suez shares soar on Pinault’s $92-b hostile bid buzz
Shares of Suez, the world’s second-largest water company, rose to a record after Capital magazine said that French billionaire Francois Pinault may make a E70-billion ($92 billion) hostile bid for the company.
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