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Adani Data Network has been granted unified license for access services, which enables it to provide all telecom services in the country, according to two official sources. Adani Group entered the telecom sector after buying spectrum in the recent 5G spectrum auction. “Adani Data Networks has been granted UL (AS),” an official source said according […]
Instead of China, Surat will now manufacture spare parts for technology giant Apple. A well-known company affiliated with Surat’s diamond and engineering business has signed an MOU worth Rs 1000 crore with Apple Corporation. Apple has given the company the opportunity to take over the work once the contract with the Chinese spare parts manufacturer […]
Prime Minister Narendra Modi on Sunday inaugurated India’s first solar-powered village, Modhera in Gujarat. The project is worth Rs 3,900 Crores. Modi also stated that “with Narendra (Modi) and Bhupendra (Patel), Gujarat has a double engine sarkar and promise of speedy development.” Both the central and state governments have invested over ₹80 crore in this […]
Nearly a week after videos went viral that appeared to show Bajrang Dal members beating up four Muslim youths at a Garba venue on SindhuBhavan Road, city police arrested five members of the right-wing group for the attacks. Sarkhej police said that the events in question happened on the night of September 27. They said […]
Gujarat CM Bhupendra Patel launched ‘Atmanirbhar Gujarat Schemes for Assistance to Industries’ just prior to the state assembly polls. The benefits under the scheme will be extended to 10 sectors including green energy ecosystem, mobility, capital equipment, metals and mineral, textile and apparel, sustainability, agro-processing, chemicals, gems and jewellery and healthcare. The government aims to […]
“I was ahead by 27 years; my time has come now.” Tulsi Tanti, the founder-chairman of Suzlon Energy, spoke these words a few hours before succumbing to a cardiac arrest at 64. The pioneer of windmill energy in India and one of the global figures in the sector spent a day in Ahmedabad on September […]
With the opening of it’s first store, the 18,000 square feet house of brands with a curated collection of at 1 MG-Lido Mall, MG Road, Bengaluru. Reliance retail has presented AZORTE to the world. Akhilesh Prasad, CEO, Fashion and Lifestyle – Reliance Retail, said, “AZORTE offers wardrobe must-haves for the fashion-forward customers of new India. […]
As per figures for the last fiscal year ended March 31, the rate at which Indians used to save has fallen to the lowest level in the last five years. The chief reason could be that while on one hand Indians bought heavily after the Covid pandemic and on the other hand inflation has affected […]
While speaking at the MoU signing ceremony at IIM Ahmedabad (IIM-A) on September 27 where Nykaa and the B-school established ‘Nykaa Chair in Consumer Technology’, Nykaa founder and CEO Falguni Nayar spoke about the ‘Lipstick Effect’. She said that post the second wave of the Covid pandemic, websites like Nykaa registered higher sales of skin […]
Ahmedabad-headquartered Torrent Pharmaceuticals Limited has announced the acquisition of Chennai-based dermatology major Curatio Healthcare (I) Private Limited for Rs 2,000 crore. The deal will strengthen Torrent Pharma’s presence in the fast-growing dermatology segment. Torrent Pharma has entered into a definitive agreement to acquire 100% stake in Curatio Healthcare (Curatio) for Rs 2,000 crore, that includes Rs 115 […]
World’s second richest person’s keynote address at The Forbes Global CEO Conference 2022 Ahmedabad-based billionaire Gautam Adani, the chairman of Adani Group which has interests in ports, airports, green energy, cement, data centers and more, delivered the keynote address at the 20th Forbes Global CEO Conference 2022, held in Singapore, September 26–27. Adani, who surpassed […]
The Public Provident Fund is one of the most popular investment schemes of the government of India. At present, with a rate of interest of 7.1% compounded annually, it is one of the safest and most common investment schemes in India. It guarantees assured returns on the amount, provides tax benefits under Section 80C of […]
Gujarat was picked over Maharashtra for Vedanta and Foxconn’s semiconductor plant. The companies were in talks with the Maharashtra government earlier and it looked like both the parties would sign the MoU soon but Gujarat emerged as the winner at the last moment. But this time, Maharashtra won the race. This one, is about the […]
Come Navratri, and Gujaratis are geared up for their nine days of revelry. With dance, music and delicious food this time, there are also going to be a series of taxes. Goods and Services Tax (GST) at Centre and State level will be implied on everything; be it your garba passes, agarbati or prasad. Afterall, […]
The Gautam Adani-led Adani Group has entered into a no-poaching agreement with Mukesh Ambani-led Reliance Industries. This would in effect restrict both groups from hiring talent from each other. The agreement has come into effect from May this year and will be applicable to all their businesses. Of late both have entered sectors where the […]
Nykaa founder Falguni Nayar has now become India’s richest woman, as per the IIFL Wealth Hurun India rich list 2022. She has surpassed Biocon founder Kiran Mazumdar Shaw to become the richest self-made Indian billionaire. Nayar has a net worth of Rs 38,700 crore and she is the only woman on this list who has […]
Even though Covid took over India and the economy suffered, Gujaratis seem to have coped up, and robustly so. The biggest wealth gainers of India according to IIFL Wealth Hurun India Rich List 2022 are Gujaratis. Over 86 individuals hail from Gujarat as part of the list this year. Leading from the front is world’s […]
Metal and mining magnate Anil Agarwal is in the news again, this time for announcing an investment of Rs 1.54 lakh crore to set up a semiconductor chipset manufacturing plant in Gujarat in partnership with Taiwan-based Foxconn. The founder and chairman of Vedanta Resources Limited has also announced an investment of Rs 25,000 crore in […]
“Currently Patanjali Group turnover is approximately 40,000 crore. In 5 to 7 years, the Group’s turnover is likely to reach 1 Lakh Crore rupees ” Baba Ramdev informed reporters. Yog-Guru turned Business tycoon- a term he hates-Baba Ramdev- stated on Friday that Patanjali Group’s revenue is projected to increase 2.5-fold to 1 lakh crore over […]
The rich can get away with anything. Including murder and negligence that can lead to death. Fingers are being pointed at Ahmedabad police who has been found guilty of siding with builders responsible for the death of seven labourers in their plush under construction site in Navrangpura. The police is reportedly shielding the builders and […]
