Light
Dark
‘Amara haath ma have kai nathi aavtu (Now we hardly get any returns),’ laments Rohit Vavadia, a bullion trader on CG Road, Ahmedabad. He has been in the business since 2018 but ever since the implementation of Tax Collected at Source (TCS) on gold bullion, his business has lost its sheen. On October 1 last […]
Debuting on the stock exchange, the shares of One97 Communications – the parent company of digital mobile payment platform Paytm – opened disappointingly at Rs 1,995 on BSE and NSE against its issue price of Rs 2,150. The price at which the shares were listed is 9 per cent lower than the price offered in […]
The team from the FICCI YFLO Ahmedabad chapter recently hosted an event –Atelier – to celebrate and respect the craftsmanship of India. The function featured a beautiful amalgamation of three spectacular performances: Sand Art by ‘India’s GotTalent’ discovery, sand artist Nitish Bharti; a Kuchipudi dance performance bycelebrity stylist and fashion entrepreneur Pernia Qureshi and a […]
In a record quarter growth, India’s wearables market has grown by 93.8 per cent year-on-year (YoY) for the July-September quarter, according to a report. The wearables market in India which consists of smartwatches, wristbands and earbuds, shipped 23.8 million units in the third quarter, with just September reporting over 10 million shipments – growing double […]
Start ups and Shaival Desai seem to be synonyms in Gujarat. He is a co-founder at Petpooja , the highly successful online restaurant billing platform. Petpooja essentially focuses on increasing productivity in the restaurant ecosystem by digitally managing backend services. It also provides a complete solution to manage entire outlets or even a chain of […]
A communique from the US Pharma player Amneal has announced their acquisition of Ahmedabad based Punishka Healthcare for a value of about Rs.700 crores. Amneal has over several years made capital investments and acquisitions of over $300 million to mark it’s presence in India. Founded by a reputed industrialist Kalpesh Patel, Punishka is run by […]
Frequent stoppages by police and transport authorities have been cited to be a major challenge that pushes up the overall logistics cost of India. This comes after Gujarat topped the ranking of states on ease of logistics amongst 21 other states followed by Haryana, Punjab, Tamil Nadu and Maharashtra, as per the Commerce Ministry report […]
Security has been beefed up around Antilia in Mumbai following reports of suspicious movements by some people around Mukesh Ambani’s residence. A taxi driver called the police and said that two strangers approached him to inquire about Mukesh Ambani’s residence. Mumbai police had received information that two persons were asking for Mukesh Ambani’s address after […]
In 1999, Jack Welch, CEO of General Electric (GE), ordered 500 top-level managers to reach out toyounger people in the company in order to learn how to use the internet. He himself roped in anemployee in her 20s to help him navigate the Web. Welch was a pioneer when it came tomanagement ideas and this […]
Fifteen-year-old Vinisha Umashankar, one of the finalists of Prince Williams Earth shot Prize, delivered an impactful speech at the COP26 climate change conference in Glasgow on climate change. She urged the world leaders, business leaders, international organizations as well as civil society to just stop the talks and begin with the implementation “We have every […]
Ever since Virat Kohli the captain of the Indian Cricket team has made a statement defending Mohammad Shami creating a lot of stir on social media platforms, people have been passing comments of various tastes. Along with this people have been bashing the captain for India’s two straight losses in the World Cup. Congress leader […]
With another year about to approach its end, it’s that time of the year again when WhatsApp will stop supporting various Android and iPhone devices. WhatsApp has released a list of devices that will no longer support the chat software. Starting November 1, these listed devices will no longer support the WhatsApp app and the […]
The Adani Group is inventing in travel aggregator Cleartrip, a part of Flipkart Group. As a part of investment, Adani Group will acquire a significant minority stake in Cleartrip. “Through this investment, the Adani Group and the Flipkart Group will benefit from synergies that will deliver superior travel experiences to consumers as the travel industry […]
When reports suggest that Gujarat is struggling to address malnutrition, anaemia, deficiency of iron and essential minerals among children, serious issues in implementation of fortified rice in Mid Day Meal scheme have come to fore. With a view to address the issue of malnutrition amongst children, Fortified Rice Kernel (FRK) is planned to be distributed […]
“More than 98 percent of the total surveyed workers working in the ceramic cluster in Thangadh of Surendranagar district do not get benefits of Employee State Insurance (ESI) coverage” – suggests a survey conducted by Peoples Training and Research Centre (PTRC), Vadodara. Employee’s State Insurance is public social security and health insurance fund for Indian […]
The Adani group recently sealed the deal with Sri Lanka to develop and run the strategic Colombo Port’s Wester Container Terminal. A senior official from the state-owned Ceylon Electricity Board (CEB) informed that they are also exploring the possibility of investing in the island nation’s energy and wind sector. The comments of the deal came […]
Luxury carmaker Mercedes-Benz implemented its customer-centric ‘Retail of the Future’ (ROTF) ‘direct- to- customers’ business model and said it will all stakeholders. Company has invested Rs 60 crore to make it operational In this new format Mercedes-Benz India will retain the ownership of the entire stock of cars and retail them via appointed ‘franchise partners’ […]
Reliance Industries Ltd (RIL) has reported a net profit at Rs 13, 680 crore, July-Sept quarter FY22, a rise of 11.4 per cent compared with the previous quarter, where net profit stood at Rs 12,273 crore. EBITDA for the second quarter of FY22 stood at Rs 26,020 crore compared to Rs 23,368 in the first quarter. In the July-September […]
Three Gujarat investors have complained to the Ahmedabad Crime Branch that deliberately misleading reports by at least four journalists including a prominent news channel led to a huge loss on their investment. The police application, whose copy is with Vibes of India (Vo!) states that this “huge loss was a part of a national conspiracy. […]
Since the execution of Goods and Services Tax (GST) in July 2021, Ahmedabad and Surat have turned into centres for bogus billing in Gujarat. The trap of unlawful transactions has additionally spread quickly to industrializing locales like Bhavnagar, Rajkot, Morbi and Gandhinagar. Though it has spread quickly, Ahmedabad and Surat still account for 58 per […]
