Sensex, Nifty Ends Losing Streak On Tuesday

January 25, 2022 5:42 pm

After witnessing mayhem on Monday where it lost around 1500 points, Sensex on Tuesday was seen recovering from the major loss.  It gained around 366 points at the end of the day. As investors preferred to buy the shares at low prices, sensex ended the day in green at 57,858 points with a gain of […]

The Fault In Gujarat’s Tech Startup Ecosystem

January 25, 2022 1:20 pm

The Gujarat Government is often found to be in a tearing hurry to claim the numero uno status for almost everything, but it sometimes jumps the gun. It claims that the State leads in facilitating startups and even topped the State Startup Rankings 2019 initiated by the Department for Promotion of Industry and Internal Trade (DPIIT) […]

Dalal Street Witnesses Monday Mayhem As Sensex Sheds Around 1600 Points

January 24, 2022 6:58 pm

Dalal street witnesses mayhem on Monday as all constituents end in the red. Sensex nosedives 1545.67 points to end at 57,491.51 points. Whereas, Nifty plunges 465.05 points to end at 17,149.10 points. In the last five days, investors lost Rs. 17.54 trillion worth of investment.  The Nifty is down around 6 percent in the last […]

Sensex Tumbles Down By 1,200 Points

January 24, 2022 3:02 pm

The Sensex on Monday tanked by more than 1,200 points, hours after opening into red, slipping below the 58,000-mark. It was trading at 57,797 at the time of writing this report. The equities markets have witnessed heavy selling pressure for five consecutive sessions now. The Sensex opened in the red at 59,023.97 points and tumbled […]

Gujarat: Nirma Alumnus Redefines Street Food Carts; Makes Them Smarter

January 24, 2022 2:21 pm

At 24, Aditya Dave’s footprint in the start-up world has already won him rave reviews. He began working towards his plan even as a Nirma University student. In 2019, he founded Laari –a redefinition of street food carts in India. He eventually converted Laari into Cibos Techno Solutions Pvt Ltd creating much more than just street food […]

‘Doshi We Know’ Announces The Doshi Fellowship

January 22, 2022 6:19 pm

The Doshi we know Organization has announced the Doshi fellowship which will support young scholars and practitioners who wish to study a contemporary situation, find suitable responses to its challenges or are looking to carry out innovative experiments.  The organization will award a sum of Rs 3,00,000 to the suitable candidate. In exceptional cases organizers […]

Adani Wilmar All Set To Hit Capital Market With Rs 3,600 Crore IPO

January 21, 2022 6:48 pm

Adani Group’s FMCG giant company, Adani Wilmar is all set to go public with their public issue of Rs 3,600 crore. The public issue will open on 25th January with a share price of Rs 218-230. Listing date is set on February 8, 2022. Adani Wilmar Ltd serves three business categories: Edible Oil, food & […]

Government Simplifies Roof Top Solar Panel Scheme

January 21, 2022 4:35 pm

The world is slowly moving towards green and conventional energy sources. In this light, the Union Minister of Power and New & Renewable Energy R.K Singh reviewed the progress of the Roof Top Scheme on 19th January 2022. Post the review, the Minister gave directions for simplifying the Roof Top Scheme, so that the people […]

Public Sector Banks To Observer Strike On Feb 23-24

January 21, 2022 3:49 pm

As many as 3669 branches of nationalized banks will likely remain closed during the two-day strike on February 23 and February 24. The public sector banks across Gujarat will observe this strike to protest the proposed privatizationof public sector banks as part of the Banking Regulation Bill. The transactions worth Rs 17,000 crore are to […]

Gujarat: Kotak Mahindra Bank Signs MoU With GIFT SEZ To Boost Financial Services

January 20, 2022 9:40 pm

Kotak Mahindra Bank on Thursday signed a Memorandum of Understanding (MoU) with a wholly-owned subsidiary company of GIFT City, GIFT SEZ Ltd. According to the MoU, the area of focus will be to ease market access and cross-border activities for the fund management community. Both will jointly work on promoting the GIFT IFSC jurisdiction for […]

Adani Green Energy Continues Its Positive Momentum With 50 % Rise In 14 Trading Sessions

January 20, 2022 7:32 pm

The Indian equity benchmarks on Thursday remained in red for the third straight day. One thing that remained constant was the upward movement in Adani Green Energy (AGEL). AGEL ended the day with a 1.40 percent rise at 1,965 points. Earlier in the day, Adani Green Energy was seen hitting a new high of 1,955.90. […]

As Covid Cases In Gujarat Are Surging; We Talked To Pharmacists To Understand What People Are Buying

January 20, 2022 10:47 am

The demand for medicines, masks, sanitisers, and home testing COVID kits has increased manifold in Gujarat which is reporting ten thousand plus corona cases for the past few days. Team VOI talked to top medical stores of Ahmedabad to compare the demand for such products in the third wave of the pandemic with that in […]

Reliance Acquires 54% Stake In Robotics Firm Addverb Technologies For Rs 983 Crore

January 18, 2022 7:30 pm

Billionaire Mukesh Ambani-led Reliance Group has picked up a 54 percent stake in global robotics company Addverb Technologies. The company with $132 million of investment became the biggest shareholder of the robotic company. Noida-based Addverb Technologies was founded in 2016 by Sangeet Kumar, Prateek Jain, Bir Singh, Satish Kumar Shukla and Amit Kumar. The company […]

MICA Alumnus Varun Dua’s Startup ACKO Becomes Country’s Latest Unicorn

January 18, 2022 6:06 pm

MICA graduate Varun Dua founded ACKO in the year 2016 which is a General Insurance company that includes Motor Insurance, in trip domestic insurance, and Mobile Insurance, with over 70 million customers with a Run rate of 150 million dollars in premiums. ACKO has recently become the country’s unicorn after it raised 255 million dollars […]

Market Update: With Gains In Automobile Stocks, Sensex Ends In Green

January 17, 2022 4:51 pm

Sensex on Monday ended in green with a marginal increase of 0.14 percent ending the day at 61,308.91 points. Whereas Nifty-50 ended 0.29 percent higher at 18,308.10 points. Important to note here is that realty(1.37%), auto(1.98%), and power(1.41%) added 1-2 percent whereas pharma and bank indices ended in red. Good overall performance was seen from […]

Musk Takes Doge To Moon With His Tweet And Other Crypto News 

January 17, 2022 5:01 pm

Crypto enthusiasts in India were a happy lot for two reasons. One was bitcoin ending 0.53 percent higher at Rs  32,18,101.32 and another was Elon Musk”s tweet that made the ‘value’ of dogecoin go to the moon literally with a 26 percent jump.  The total cryptocurrency market-cap stood at $2.05 trillion whereas total market volume […]

Gujarat: PDPU Alumnus Develops Solar Power Tree Company With Over Rs 80 Crore Market Valuation

January 16, 2022 9:14 pm

Shani Pandya is a young Gujarati entrepreneur on a mission to make cities more sustainable. An alumnus of Pandit Deendayal Petroleum University (PDPU), Pandya has been running Imagine Power Tree Private Limited for almost four years, They invent, design, engineer and manufacture Solar Tree which incorporates solar panels in sculptural forms to generate electricity. The […]

Reliance Industries To Investment Rs 5.95 Lakh Crore In Green Energy, Other Projects In Gujarat

January 13, 2022 7:30 pm

Reliance Industries Limited signed a Memorandum of Understanding (MoU) on Thursday  with the Government of Gujarat for a total investment of Rs 5.955 lakh crore. It was a part of Investment Promotion Activity for Vibrant Gujarat Summit 2022. These projects will create 10 lakh direct or indirect employment opportunities in the State.  Reliance will develop […]

Adani Group Inks 500 Cr Deal With POSCO

January 13, 2022 12:43 pm

The fastest-growing Adani Group is continuously expanding its enterprises across the globe. Adani has signed a five billion dollar agreement with POSCO, a global steel maker. The information of which has been made public by Gautam Adani, Chairman of Adani Group himself. It is worthy to note that both the companies are of Gujarat origin. […]

Parul University Rusticates And Suspends Students Seeking Covid Safety

January 26, 2022 2:08 pm

Parul University is already under the radar for beating up students who were demanding Covid safety and now it has drawn more attention and criticism because the University has rusticated seven students who demanded online classes instead of being physically present on the campus. Parul University has also suspended 40 students for the same. Students […]