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Vibes Of India
Vibes Of India

Covid paves way for this courier company to set up factory for ready to eat food packs

September 13, 2021 18:10

Brothers and founders of Chips Express Pvt Ltd, Vimal and Tushar Patel launched their ready to eat food packs Hungrill (meaning Hunger Will) in January 2020 and Covid-19 happened. But Covid-19 came as a boon for their newly established business of ready to eat food packs. “The food is not dehydrated or uncooked with instructions. […]

Reliance Jio and Google’s JioPhone Next launch deferred, to roll out during Diwali

September 13, 2021 18:11

Reliance Jio made an announcement on Friday that it has put off the launch of JioPhone Next, the low-priced smartphone developed in partnership with Google, to Diwali. The phone was initially scheduled to be launched on September 10 on the occasion of Ganesh Chaturthi. The company further said in a statement that both the companies […]

US auto major Ford Motor Co shuts its manufacturing plants in Sanand and Chennai

September 10, 2021 12:49

The small town of Sanand in Gujarat turned into a major automotive hub with the entry of Tata, Suzuki, Ford, Honda and Hero MotoCorp, who operated their plants from in and around Sanand. But Sanand perhaps is losing its sheen as major companies make an exit. The announcement on Thursday was made by US auto […]

Curious case of abandoned SUV near Antilia and threat letter to Mukesh Ambani

September 8, 2021 15:50

The business honcho Mukesh Ambani and his wife Nita Ambani seem to have got some serious threats. An abandoned vehicle containing a bag of gelatine sticks and a letter carrying a threat addressed to Ambanis was found near their house, Antilia.  A retired colonel, the president of a Reliance group company handling security matters, was […]

Amazon Pay to offer wealth management services in India through its app

September 8, 2021 13:31

Global retail giant Amazon’s Amazon Pay will be distributing the wealth management services in India which is the first wealth management tie-up for Amazon anywhere in the world. Its wholly-owned subsidiary Amazon Pay has tied up with homegrown investment advisory services startup Kuvera to offer wealth management services to 50 million customers in India. Over […]

Pandemic blues: Air India Customers await cancellation refund

September 6, 2021 12:27

Following the last year Supreme Court directive to the airlines to refund full amounts of air tickets cancelled between March 25 and May 24, while many airlines have nearly completed the process, Air India is lagging behind with about Rs.250 crores in its pocket yet to be refunded. This, when IndiGo announced earlier this year […]

Dairy farmers prefer milking more buffaloes than cows to increase income

September 6, 2021 11:58

In the country where the campaign of calling cows “gau mata” has started, on the other hand, its decreasing number in Gujarat has become a matter of concern. It is worth mentioning that in spite of having Gauseva and Gauchar Vikas Board in Gujarat, the number of cows has declined amazingly in the last 7 […]

Points to ponder before applying for a personal Loan

September 2, 2021 12:48

Life is a strange conundrum. While propelling ourselves towards our goals, be it sentimental or more worldly, we can hardly escape the finance. Many of us have had to deal with short term requirement of fund at one time or other. Fees payment of current semester to unforeseen medical expenses to three months rental deposit […]

Adani Green and Axis Bank launch their overseas bond sales, collectively garner up to 150 crores

September 2, 2021 09:28

While Axis Bank sells Tier 1 paper with sustainable or ESG tag, Adani Green mops up funds for capital investments. Axis Bank and Adani Green Energy (AGEL) have together launched their overseas bond sales on Wednesday, seeking to collectively gather up to 1.5bn dollars. Axis Bank has set initial price guidance of 4.4 percent for […]

Zerodha offers one month salary and lucky draw of Rs 10 lakh to its employees under ‘Get Healthy Program’

August 30, 2021 11:53

Notably, the physical activity of people has reduced owing to long working hours and ‘Work From Home’ culture. So, to encourage employees to get fitter and healthier, Zerodha Broking Ltd has launched an initiative for its employees. Reduced physical activity has put an adverse effect on mental and physical well-being and so Nithin Kamath, founder […]

NSE signs MOU with the first FINTECH accelerator, FinX Labs at IFSC, GIFT city

August 27, 2021 15:45

Key points of the MOU: A FinTech Startup Accelerator, to support growing Indian FinTech’s    Joint venture by DevX, Savvy, and Flexworx  MoU signed with NSE for collaboration Aimed at driving growth and scaling in Fintech arena   FinX Labs, which is a joint venture by Jaxay Shah and Flexworx today announced the opening of its startup […]

June quarter revenue grows for BSNL and Jio in Gujarat

August 27, 2021 13:44

Jio, which has been the largest telecom operator in Gujarat, had continued to remain revenue market share leader in the quarter ending on June 30, 2021. Compared with the previous quarter Jio’s revenue in the state increased by 7% or Rs80 crore from Rs1,045.55 crore in the quarter ending on March 31, 2021, to Rs1,125.73 […]

Smartphone Shipment outlook slashed for second time this year by market analysts

August 26, 2021 12:19

The import curbs at airports and ports in China add to the woes of manufacturers already stricken by an acute scarcity of chipsets for smartphones, leading to the market analysts chopping their 2021shipment estimates for the second time this year. TechArc has reduced its projections by 7 percent extra while IDC mentioned that the trade […]

Bitcoin jumps back above 50,000 dollars first time in three months

August 24, 2021 14:46

For the first time in three months, Bitcoin broke back above 50,000 dollars on Monday as investors piled back into the cryptocurrency on bargain-buying. After bitcoin plunged from a record near 65,000 dollars in mid-April and trading in a range of about 30,000 to 40,000 dollars for many weeks, bitcoin has recovered. The largest cryptocurrency […]

Government plans to monetise Rs 6 lakh crore infra assets

August 24, 2021 11:46

Nirmala Sitharaman, Finance Minister in her 2021-22 budget speech said that monetising operating public infrastructure assets was a very important financing option for new infrastructure construction. After which a top Government official stated on Wednesday that the Government is finalising Rs 6 lakh crore worth infrastructure assets, including national highways and power grid pipelines which […]

In race of business, bicycles cruise in high-growth lane

August 23, 2021 19:15

Rajarishi Chakravorty, a civil engineer and marketing professional has been riding bicycles since he was just five years old. The Delhi-based cyclist has enhanced his riding distance from 10 km/ day earlier to now 35+kms/day. Currently owning two products-one each from La Sovereign and Hero stable, Chakravorty is now drawing up plans to buy a […]

500 jewellery manufacturers of Rajkot to observe a day-long strike

August 23, 2021 13:01

Around 500 jewellery manufacturers of Rajkot will be on a one day strike on Monday so as to protest the introduction of hallmarking unique identification (HUID) number system by the Bureau of Indian Standards (BSI) for jewellery. The new requirement will slow down the business cycle of the jewellers and put customers’ privacy in danger. […]

Crude Oil prices may drop due to sharp rise in US dollar

August 20, 2021 12:23

The sharp rise in the US dollar has seen a nine-month high and a rise in gasoline over the past week. Due to which there was a sharp fall in the prices of crude oil. It is likely to decline further. An increase in corona cases may also be responsible for the fall in demand. […]

Amul should revive the plan to export surplus milk to the Middle East

August 19, 2021 17:10

Milk production in Gujarat has now reached such proportions that the Gujarat Co-operative Milk Marketing Federation (GCMMF) is unable to sell all of it. This year GCMMF (owner of the Amul brand) was obliged to convert the surplus into milk powder and sell this in the international markets at a loss. Last month, the Gujarat […]

New export incentive scheme fails to enthuse exporters

August 19, 2021 12:48

Indian and especially Gujarat exporters are unhappy with some of the unfavourable facets of RoDTEP ( Remission of Duties and Taxes on Imported Products ), an export incentive scheme introduced by the Central government implemented from 1sr January 2021. The rates for duty remission have been announced now, after a gap of 8 months, and […]