Business

Torrent Pharma To Acquire Curatio Healthcare For Rs 2,000-Crore

September 28, 2022 11:39

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 […]

Gautam Adani’s Prediction: India’s Economy Will Grow To $30 trillion

September 27, 2022 14:14

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 […]

PPF Scheme, 2019: Key Changes From 1968 Version

September 26, 2022 17:50

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 […]

Maharashtra Overtakes Gujarat In Number of Companies Formed In August

September 25, 2022 16:15

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 […]

Your Navratri Is Costlier Than You Think. Here’s Why

September 23, 2022 17:57

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, […]

Adani And Ambani Fence Off Their Talent, Sign No-Poaching Agreement

September 22, 2022 20:00

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 Becomes India’s Richest Woman

September 22, 2022 16:07

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 […]

IIFL Wealth Hurun India Rich List 2022: Gujaratis Are The Biggest Gainers

September 22, 2022 13:37

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 […]

This Bihar Businessman Knew Just Two English Words, But His Company Gets Listed On London Stock Exchange

September 20, 2022 18:40

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 […]

Patanjali Group Hopes To Achieve Rs. 1 Lakh Crores Turnover in 5-7 Years

September 17, 2022 16:56

“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 […]

No Action Against Addor Aspire Builders Even 72 hours After 7 Labourers’ Death.

September 17, 2022 10:27

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 […]

Now, Gautam Adani Is The Second Richest Man In The World

September 16, 2022 14:36

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 Launches iPhone 14 Series; To Be Available in India From Sept 16

September 8, 2022 15:08

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 First Global Congress On Dental Oncology And Research Aimed For Oral Cancer Awareness

September 3, 2022 15:17

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 […]

India To Launch ‘Cervavac’ To Counter Cervical Cancer In Women; To Be Available At INR 200-400

September 2, 2022 13:29

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 […]

Tamilnad Mercantile Bank IPO To Open On Monday

September 1, 2022 16:24

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 […]

Campa Cola Set To Return With Reliance Retail

September 1, 2022 11:54

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 […]

Reliance Announces Several Infrastructure Plans for Gujarat

August 30, 2022 20:29

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 […]

Indian Rupee Hits Record Low-Of- 80 Against Dollar Triggered By Global Equity Decline

August 29, 2022 18:48

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 […]

रिलायंस इंडस्ट्रीज पिछले साल 320,000 नौकरियां देकर भारत की सबसे बडी नियोक्ता बनी

Reliance Industries Is India’s Largest Employer By Adding 320,000 Jobs Last Year

August 29, 2022 18:03

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 […]

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