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India’s Torrent Pharmaceuticals may land a deal with private equity funds CVC Capital Partners and Bain Capital to raise up to $1.5 billion to bid for Cipla, according to sources. Torrent and Blackstone are among those interested to acquire a stake in Cipla, India’s third-biggest drugmaker by sales, in what could be the largest pharma […]
Get the best smartwatch collection in Bhuj, Kutch, the best wristwatches for men in Bhuj, Kutch, with a diverse range of watches from top brands worldwide. Today, styling is not just about an exquisite collection of apparel and perfumes. It is a lot about one-of-a-kind wristwatches and smartwatches as well. The watch industry has remained a […]
GIFT City continues to be in the news. Only recently, a news agency reported that Saudi Arabia was contemplating setting up an office of its sovereign wealth fund there. The report reminded of GIFT City’s standing as a tax-neutral financial services centre and a key project for Prime Minister Narendra Modi. It rivals financial services […]
In a potential boost to investments in the state, Gujarat is going to see the setting up of a sovereign wealth fund (SWF) office by Saudi Arabia at the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. Investment minister of Saudi Arabia Khalid A. Al Falih said that within the next few weeks, he would send […]
Stock prices of Gujarat’s corporates have soared in recent times, ensuring strong returns for investors as well as a positive future outlook that overall secures the investment scenario in the state. Since the beginning of the fiscal year 2023-24, state’s corporates’ stock prices have gone up by up to 87%. Homegrown giants like Adani Group, […]
As a trader, you would be spending hours observing charts to identify patterns and trends in price movements. Price charts offer a true picture of how the market is performing. Traders use such charting tools to discover valuable insights and explore strategies before they execute trades. One such charting platform is TradingView. However, using the […]
India’s semiconductor dream sees another leap as Taiwanese tech giant Foxconn Technology Group is reported to be exploring a partnership with STMicroelectronics NV to build a semiconductor factory in India. Reports say Foxconn and Franco-Italian STMicro are applying for PLI incentives for a 40-nanometer chip plant. The government has asked Foxconn for more details about […]
Suzuki R&D Centre India Private Limited (SRDI) – a wholly owned subsidiary of Suzuki Motor Corporation (SMC) in India, has inked a deal with Banas Dairy of Palanpur, a member union of the Gujarat Co-operative Milk Marketing Federation (GCMMF) and Anand-headquartered National Dairy Development Board (NDDB) to establish animal dung based biogas production plants in […]
New Delhi: The Reserve Bank of India (RBI) refused the government’s proposal to extract Rs 2-3 lakh crore from its balance sheet in 2018 for pre-election expenditure ahead of Lok Sabha polls in the following year, former central bank deputy governor Viral Acharya said in a new prelude to his book, Quest for Restoring Financial Stability in India. According […]
At the start his course on “The Business Environment of India” at the Anderson School of Management in the University of California Los Angeles, Romain Wacziarg asks his students: How long will it take India to catch up with America’s per capita income, given their current average rates of GDP growth (2.4% for the US […]
Despite high economic growth, the average price of property in Gujarat has mostly remained the same in the last six years, says a report. According to data compiled by the Confederation of Real Estate Developers’ Associations of India (Credai), the average price of residential units in Gujarat’s top five districts has been Rs 34 lakh […]
Nita Ambani stepping down from the Reliance Board to focus her energies on work related to Reliance Foundation, Reliance Industries Ltd said on Monday. Nita Ambani will continue as Chairperson of Reliance Foundation. The company also said in a statement that Isha Ambani, Akash Ambani and Anant Ambani would be appointed as directors to the […]
In a significant milestone, the international terminal of Ahmedabad Airport has unveiled its brand-new arrival area, designed to embody the essence of Gujarat and Ahmedabad. The inauguration of this state-of-the-art facility marks a crucial step in enhancing the passenger experience for international travellers. The Sardar Vallabhbhai Patel International Airport (SVPIA), recognising the need for expanded […]
Himachal is a lovely place up north where summer never gets too hot & guess what happens in winter? Temperatures can drop to a bone-chilling -27 degrees Celsius in some areas! In this below post, we have shared a list of the Top Coldest place in Himachal Pradesh, you can visit and also some snow […]
The frontiers of finance and technology are expanding in India, propelled by a wave of pioneering blockchain projects. These projects are pioneering new pathways, offering innovative solutions to age-old challenges and ushering in a new era of financial inclusion and empowerment. In this article, we embark on a journey to explore the top Indian crypto […]
Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd is set to capture the spotlight as market watchers eagerly await the unfolding of the company’s groundbreaking initiatives. The anticipation arises from an official announcement made by a senior representative from its wholly-owned subsidiary, Adani Electricity Mumbai. The subsidiary revealed plans to infuse more than […]
Last week, the Adanis made headlines as they took a group of potential investors on a tour of Mundra in Gujarat to display their infrastructure and elaborate on their expansion plans. Right from the time Hindenburg Research’s January report surfaced about corporate governance issues by the Adanis, which wiped out over $130 billion of market […]
In a strategic move, the government has imposed a substantial 40% export duty on onions with the objective of fortifying domestic onion supplies and averting any potential price surge in anticipation of the forthcoming festive season. This export duty regulation will remain in effect until December 31, 2023. This marks the Centre’s first-time implementation of […]
In the fiscal year 2022-23, Uttar Pradesh (UP) and Gujarat emerged as leading states in India regarding new investments. As per a report by the Reserve Bank of India (RBI), these two states jointly contributed to 57.2% of the overall investment propositions during the period. Uttar Pradesh took the lead in attracting the largest chunk […]
Gautam Adani, chairperson of the Adani Group, took a group of bankers and bond brokers to Mundra in Gujarat to showcase its infrastructure and elaborate on the conglomerate’s expansion plans. The group, it has emerged, plans to sell up to Rs 150 billion worth of debt. According to a financial daily, Darashaw & Co., JM […]
