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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 […]
It is a good day for Ahmedabad based billionaire Gautam Adani. He has now surpassed. Amazon founder and Washington Post owner Jeff Bezos and Louis Vuitton owner to become the second richest man in the world. Elon Musk, owner of Tesla is the world’s richest man. The Gujarati billionaire, industrialist and Adani Group’s Chairperson Gautam […]
Apple launched its much-awaited iPhone 14 series during its ‘Far Out’ event in California on September 7. The new lineup has four models—iPhone 14, iPhone 14 Plus, iPhone 14 Pro and iPhone 14 Pro Max. The latest iPhone models will be available in India from September 16, except for the Plus model, launched instead of […]
India’s Gujarat state conducted the country’s first International Congress on Dental Oncology and Research to showcase the pivotal role of oral healthcare providers and dental professionals in spreading awareness, prevention, early detection, and treatment of oral cancer. The event entitled “Be Different to Make a Difference” was organised on September 2 & 3, 2022 by […]
The Minister of State (Independent Charge) for the Ministry of Science and Technology, Jitendra Singh on Wednesday, September 1, 2022 announced India’s first indigenously-developed quadrivalent human papillomavirus ‘Cervavac’ vaccine protecting against HPV types 6, 11, 16, and 18 to be available in Indian markets at an affordable price range between INR 200-400. While stating the […]
The Initial Public Offer (IPO) of Tamilnad Mercantile Bank (TMB)will open on Monday, 5 September, with 15,840,000 equity shares of face value of ₹ 10 being offered in the price band of ₹ 500 to ₹ 525 per share. Headquartered in Tuticorin, TMB’s operations are mostly focused on Tamilnadu, with 369 of its 509 branches located […]
The iconic Campa Cola is all set to be back. Reliance Retail has acquired Campa from Pure Drinks Group for Rs 22 crores and is planning to relaunch it nationally by Diwali in three flavours — the iconic original, lemon and orange. The brand will be distributed through the chain’s own stores as well as […]
At the annual general meeting of Reliance Industries Ltd (RIL) on Monday, chairman Mukesh Ambani made several announcements centred on Gujarat, mainly in Hazira, Dahej and Jamnagar. Ambani announced one of the world’s largest single-train PTA plants of 3 MMTPA capacity at Dahej in Central Gujarat. He said, “We will also invest in a 1 […]
The Indian rupee came to a record low of 80-to-a-dollar mark to hit its fresh entry again after July 19 while bond yields reached 6 basis-points, because of a descent fall in global equities triggered by the strong hawkish stance taken by the Chairman Jerome Powell at the Federal Reserve’s annual Jackson Hole Symposium. The […]
Reliance Industries chairman Mukesh Ambani on Monday announced that they created 320,000 jobs across sectors–becoming one of the largest employers in India. In his keynote address at the 45th Annual General Meeting of Reliance Industries, Ambani also said that they continue to be the largest taxpayers in India. India’s largest employer One of the largest […]
While father Mukesh Ambani announced Jio’s 5G Standalone network, daughter and director, Reliance Retail, walked shareholders through a step-by-step process to shop on JioMart, completely on WhatsApp. Both were speaking at Reliance Industries Ltd’s (RIL) Annual General Meeting in Mumbai on Monday. Consumers can start shopping on JioMart via WhatsApp by simply sending “Hi” to […]
Reliance Industries Chairman Mukesh D. Ambani at RIL’s Annual General Meeting, on Monday, announced Jio Infocomm (the company’s telecommunications arm) plans to invest Rs 2 lakh crore for 5G launch in multiple key cities by Diwali. While Delhi, Mumbai, Chennai and Kolkata will benefit from an active 5G network by October, the pan-India coverage is […]
AdaniConneX Private Limited, a joint venture firm of Adani Enterprises with United States-based EdgeConneX is scheduled to build 1,000 megawatt data centres almost double the current capacity of the total industry over a period of 10 years. Meanwhile, Senior Vice President and Head of Data Centre Business, AdaniConneX, Sanjay Bhutani asserted, “The first seven data […]
Indian-origin executive Sandeep Pandey, Vice President of engineering at the microblogging and social networking service, Twitter has confirmed to part ways with the company led by his compatriot Parag Agrawal. He has worked for the social media giant for over a decade now. Pandey is supposed to join artificial intelligence (AI) and machine learning teams […]
Despite the losses to business and trade during the initial year of Corona-induced uncertainties, Gujarat witnessed a massive high post lockdown when it came to sale of high-end luxe automobiles. One wonders if the omni-pervading sense of end pushed people into splurging when life still abounds. Whatever be the case, car dealerships in Ahmedabad reported […]
AAP National Convener Arvind Kejriwal has sworn a ‘Maha Vyapam Scam’ in the Bharatiya Janata Party (BJP)-ruled Gujarat. On Tuesday, he recalled the incidents related to the leakage of question papers of state government recruitment examinations over the years. He promised a law against the paper leak with a provision of 10-year jail if people […]
