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Ahmedabad airport inaugurated its first Electric Vehicle (EV) charging stations on Tuesday. Adani Total Gas has installed the charging stations at the entrance and exit of the airport. The Adani Group, which took over the management of the airport in November 2020, has been introducing a series of changes aimed at improving the passenger experience and […]
Ever since Elon Musk took over Twitter, there have been speculations over how the platform might get transformed. Industry experts are keeping a close what on what changes Musk might implement and how they will affect the users. Musk has repeatedly indicated that he would bring in many changes to the platform, especially regarding free […]
Adani Wilmar Ltd (AWL), the country’s largest fast moving consumer products company by revenue, has bought packaged foods brand Kohinoor from American conglomerate McCormick for an unknown fee. Apart from the premium basmati rice brand, the sale also includes its umbrella brands Charminar and Trophy, which are worth around Rs 115 crore in total. With […]
The anchor investor portion of Life Insurance Corporation of India’s (LIC) initial public offering (IPO) was fully subscribed on May 2, according to a stock exchange disclosure from the company. According to the filing, domestic mutual funds (MFs) accounted for more than 71% of the anchor book portion. In total, the state-owned insurance company issued […]
The Chief Minister of Gujarat, Bhupendra Patel, has accepted Gandhinagar Secretariat’s demand to make the building centrally and fully air-conditioned. Bindeshwan Desai, head of Gujarat Secretariat Section Officers’ Association, and Pratap Singh Chauhan, General Secretary of Gandhinagar Secretariat, put forward the demand to install air-conditioners throughout the office. The nine floors of the Secretariat Block’s […]
Adani Group, which handles diverse businesses, is now engaging with foreign banks and global private equity investors to chalk out plans in the healthcare business. Adani Group, is an Indian multinational conglomerate company, headquartered in Ahmedabad. It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises […]
Tesla rival Triton EV is all set to begin production in India as the company announced on Monday the acquisition of the AMW Manufacturing Plant in Bhuj, Gujarat. This 3.7 million square foot manufacturing plant infrastructure will serve as the epicentre of Triton EV’s EV Truck Manufacturing Hub.Triton EV’s acquisition will ensure a quick turnaround […]
Spicejet flight traveling from Mumbai to Durgapur on 1st May 2022 experienced severe turbulence that injured 17 passengers. The airline spokesperson said that passengers received minor injuries because the overhead cabin luggage started dropping on them as the turbulence occurred. Spicejet airline authorities verified the event as the flight landed. SpiceJet Boeing B737 aircraft operating […]
The Bombay Stock Exchange (BSE) has decided to showcase its significant history with the help of the Brihanmumbai Municipal Corporation (BMC). A copy of the raging bull will be created and placed near a traffic junction outside the BSE. Currently, the original is on the ground floor of the BSE building. The statue would be […]
In its latest report, the World Gold Council (WGC) has said that demand for gold in India during the first three months of 2022 stood at 135.5 tons, marking a sharp year-on-year decline of 18%. The gold demand during the same period of 2021 was recorded at more than 165 tons. In terms of value, the […]
India’s premier management institute, IIM-Ahmedabad, in collaboration with Insolvency and Bankruptcy Board of India (IBBI) jointly hosted the first-ever International conference on insolvency and bankruptcy, Saturday. The event served as an inaugural session to the two-day meet at the IIM(A) campus. The conference will have over 40 scholars of economics, law, finance, banking and management […]
The Enforcement Directorate (ED) seized Rs 5551.27 crore from telecom firm Xiaomi India’s bank accounts on Saturday under the provisions of the Foreign Exchange Management Act, 1999, in connection with the company’s illegal outward remittances, the probe agency said in a press release. The ED launched an investigation in February this year into alleged illegal […]
Mukesh Ambani is ready to launch an IPO (initial public offering) for Reliance Retail and Reliance Jio. According to a report, the Reliance Industries Limited Chairman, Mukesh Ambani, might announce important leads soon at the company’s annual general meeting. Reliance has become the behemoth of the telecom industry after the launch of Jio. India’s Biggest […]
While India’s real GDP in FY22 is estimated to be close to Rs 150 lakh crore, Reserve Bank of India’s (RBI) report on currency and finance for FY22 has estimated that the time to recover from the hit taken by the Indian economy due to covid pandemic would be around 15 years. The report has […]
On Friday, 29th April 2022, an enormous vehicle rally was organized on the occasion of the 545th Jagadguru Shrimad Vallabhacharyaji Mahaprabhuji Utsav at Vadodara in Gujarat. Vrajarajkumar Mahoday was the chairman of the rally. Jagat Prakash Nadda, the national President of BJP, was also present during the occasion celebration and was honored as the inaugural […]
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Gautam Adani and Mukesh Ambani, Asia’s two wealthiest men, are doubling down on India’s media business, escalating competition in a market where Netflix Inc. and Amazon.com Inc. are eyeing over a billion users as battle for digital hots up. In a capital round led by James Murdoch-backed Bodhi Tree Systems, Ambani’s local joint venture with […]
Adani Group’s Sardar Vallabhbhai Patel International Airport has been accredited on the “’ACI Director General’s Roll of Excellence” by the Airports Council International (ACI). In particular, it has been lauded “the best airport for a better experience to passengers.” It may be mentioned here that in 2021, the airport underwent a massive overhaul in terms […]
Adani Enterprises Ltd has joined the media sector with the formation of AMG Media Networks Ltd, a wholly owned subsidiary. The new company would “carry on the business of media-related activities, including as publishing, advertising, broadcasting, and distributing information across various forms of media networks,” according to the press release. AMG Media Networks has three […]
Reliance Industries (RIL) and Lupa Systems, led by media veterans Uday Shankar and James Murdoch, have launched a new alliance for investment in sports and entertainment programming, four months after the two began investigating opportunities. Bodhi Tree Systems, a platform supported by Lupa Systems and Shankar, announced on Wednesday that it would invest Rs 13,500 […]
