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Bhupendra Patel, CM of Gujarat, attended the closing ceremony of the 16th edition of the GIHED Property Show on Sunday evening. The three-day show ended with an overwhelming response from developers and investors, drawing at least 80,000 visitors. As many as 250 projects were featured at the show. During their discussions with the chief minister, […]
Billionaire Gautam Adani’s APSEZ on Tuesday signed an agreement with Indian PSU- Indian Oil Corporation(IOC). According to the agreement IOC will build infrastructure for new crude oil tanks at Mundra. This will help IOC augment its crude oil volume. Adani’s APSEZ will handle and blend 10 mmtpa crude oil for IOC. Important to note here […]
Sensex on Monday sheds around 2.74 percent and ends the day at 52,842.75, down around 1491 points. Nifty, on the other hand, ends below 16,000 points. Since the start of the month, nifty has declined by over 5 percent. Volatility in the market is visible after Russian President Vladimir Putin ordered the invasion of Ukraine […]
The GST Council is likely to push for raising the lowest tax slab to 8 per cent from 5 per cent currently keeping the revenue for the states in mind and reducing their dependence on the Centre for compensation. A panel of state finance ministers is about to submit its report by this month in […]
On Sunday, the Central Bureau of Investigation (CBI) arrested former MD and CEO of National Stock Exchange (NSE) Chitra Ramkrishna in a co-location scam in the exchange. Her arrest comes after the Special CBI Court in Delhi rejected her anticipatory bail on Saturday. Before her arrest, she was quizzed for three days, and the CBI […]
Adani properties has expressed interest in bankrupt Housing Development Infrastructure Ltd (HDIL). According to the reports around eight companies have shown interest in the distressed company out of which Adani properties has emerged as a favorite to acquire HDIL. Housing Development Infrastructure Ltd’s corporate insolvency and resolution process started after the National Company Law Tribunal […]
Billionaire Gautam Adani led group announced their investment in Colombo West International Container Terminal on September 30, 2021. Speaking exclusively to Vibes of India, Dr Valsan Vethody, Consul General of Sri Lanka in Mumbai, termed Gujarat Headquartered Adani Group’s investment in Sri Lankan port a win-win situation for Sri Lanka and India. Dr Valsan Vethody, […]
Reliance Industries Limited’s subsidiary Reliance Strategic Business Ventures Limited and US-based manufacturing firm Sanmina Corporation have entered an agreement to create a manufacturing joint-venture to make electronics in the country. In a press statement Thursday, RIL said the move backs the government’s “Make in India” initiative. Trade analysts are optimistic that the move will create […]
The Confederation of Indian Industry (CII), Gujarat held its annual meeting on Wednesday. The theme of the meeting was ‘Rising Gujarat: State Agenda for India at 2047.’ In the annual meeting, Anand Desai, Managing Director of Anupam Rasayan India Ltd was appointed as the Chairman of CII, Gujarat. He took over from Vinod Agrawal of […]
Much-awaited IPO of Life Insurance Corporation of India (LIC) may get delayed given the deteriorating geopolitical situation and the consequent volatile state of financial markets. Finance Minister of India Nirmala Sitharaman said that they might review the timing of the launch of the IPO. Usually, IPOs are launched when the market is in a bullish […]
The Indian investors will now be able to trade and invest in eight leading US companies directly from NSE IFSC (NSE International Exchange) from March 3, stated the NSE IFSC circular. This comes as a result of the fact that Indian investors have been steadily increasing their investments in US companies for the last […]
The boardroom battle that has played out over the last two months in one BharatPe has been anything but friendly with allegations and counter-allegations. Even though the results of an internal investigation against co-founder Ashneer Grover and his wife, Madhuri Jain Grover, are still awaited, Grover has resigned from one of the company’s directors and […]
An interactive session was organized by the Gujarat State Council of FICCI on “Decoding the New IT / ITES (Information Technology) & Biotechnology Policy 2022 – 27” in Ahmedabad. The session was chaired by Vijay Nehra, IAS, Secretary, Department of Science & Technology, Government of Gujarat. FICCI Gujarat Holds Interactive Session With Vijay Nehra And Other […]
The Raopura police station is investigating a scam that duped 91 individuals of 1.09 crore with the false promise of constructing houses under the Pradhan Mantri Awas Yojana (PMAY). According to a complaint filed at the Raopura police station by the Vadodara Municipal Corporation (VMC), imposters cheated 91 unsuspecting individuals by offering to construct houses […]
Rama Sastry, IPS, ADG, BSF Western Command visited BSF Gujarat Frontier to check the security situation at the frontier. Upon his arrival at the Frontier HQ of BSF Gujarat on February 24, 2022, GS Malik, IPS, IG, BSF Gujarat briefed him on BSF Gujarat’s operational and administrative aspects. On February 25th, he left for Bhuj, […]
According to a recent development, the Ahmedabad plant of Japanese carmaker Suzuki Motor could manufacture electric cars for Maruti Suzuki and Toyota. Suzuki, the parent of Maruti Suzuki, has been selected for benefits under the government’s production-linked incentive (PLI) scheme and might make green cars as per the requirements of Maruti and Toyota. Maruti MD […]
Russian military operations in Ukraine’s eastern regions, which Russia has recognized as independent countries, resulted in carnage on Dalal Street. Sensex registered its 4th worst fall ever. Almost 90 per cent of stocks ended in red, and investors are losing more than Rs 13 lakh crore in the market value. BSE Sensex went into a […]
On Tuesday, Dubai inaugurated the museum of the future, a structure it endorses as the world’s most beautiful building. The museum is seven-storey hollow silver ellipse decorated with arabic calligraphy quotes from dubai’s ruler. Also it takes pride of place on Sheikh Zayed road, the city’s main highway. The building’s striking front was lit up […]
Every war has consequences, and the Russia-Ukraine crisis will be no different for India as it will have a substantial economic impact on the country. India will be impacted as countries in conflict-Russia, and Ukraine accounts for 90 percent of India’s sunflower oil imports. As the conflict between two adversaries is in no way cooling […]
The escalating tension between Ukraine and Russia has made the market take a beating. On Tuesday, the domestic equity market benchmark BSE Sensex ended in the red for the fifth straight session at 57,300.68. Due to this, in just five sessions, the market capitalization of five out of ten Gujarat based companies fell by Rs […]
