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Over the last six years, Coal India Limited (CIL) production has witnessed a slower growth than the company-owned mines. In 2020-22, the coal production of captive mines leaped by 38.5%, while the CIL observed a tepid growth of 3.4%. The captive mines have also raced ahead in the power sector with a growth of 72%. […]
Supply chain company Delhivery has fixed a price band of ₹462-487 a share for its ₹5,235-crore initial public offering (IPO), which will open for subscription on May 11. Addressing an online press conference on Thursday, Delhivery’s Chief Business Officer Sandip Basaria said that the company is well positioned to gain from current economic trends. “The […]
The Women’s Wing of real estate developers’ body CREDAI Ahmedabad organised a seminar on building awareness on legal & financial awareness. Paridhi Adani, Partner and Head-Ahmedabad at law firm Cyril Amarchand Mangaldas (CAM) along with Rinkel Singh, Senior Associate, Dispute resolution team at the law firm, addressed around 90 women belonging to the real estate […]
Can I Avail EMI Offers Without a Credit Card?
On Saturday, the Builders’ Association of India elected Nimesh Patel as their new President. Currently, Nimesh Patel is the Chief Managing Director and the CEO of Maruti Infrastructure Ltd, a BSE-listed firm that specializes in infrastructure and real estate development. Patel promises to take up the issues with the Prime Minister, said BAI in a […]
Mathilde Collin’s San Francisco home base was closed at the start of the pandemic last March. But, it was just the beginning of stress for her. Collin, the co-founder, and CEO of the email app Front did not know how her company, the 180 employees across it, and she would survive this situation. At the […]
On Monday, Adani Power’s stock hit the all-time-high of ₹220.8 on the bourses. It started at ₹207 on the National Stock Exchange (NSE) with the hope that increased demand leads to an increase in the company’s profit The sky-high shares touched a 52-week highest of ₹220.8 per share. At 2:43 PM, they were trading at […]
The Income Tax department carried out search and seizure operations at 30 premises of the Urmin group. The search began on Monday at the residential and office premises of founders Rajendra Majithia, Kaushik Majithia and Tejas Majithia. On the second day of investigation, a total of Rs 15 crores of unaccounted income, Rs 20 crores […]
The Confederation of Indian Industry (CII), Gujarat held its annual meeting on Wednesday. The theme of the meeting was ‘Rising Gujarat: State Agenda for India at 2047.’ In the annual meeting, Anand Desai, Managing Director of Anupam Rasayan India Ltd was appointed as the Chairman of CII, Gujarat. He took over from Vinod Agrawal of […]
Students evacuated from war-torn Ukraine bursting into tears after reuniting with their families in Gujarat is just the tip of the iceberg of the far-reaching effects Russia’s war against its neighbouring nation will have on India. Experts feel the economic fallout will have a lasting financial impact on Gujarat especially. From the availability of food […]
The Mukesh Ambani-led Reliance Industries Limited (RIL) partnered with Assets Care and Reconstruction Enterprise (ACRE) is all set to acquire the debt-ridden Sintex. They have submitted a revised resolution plan to the National Company Law Tribunal (NCLT), Ahmedabad, of Rs 2,700 crore to Rs 2,800 crore to acquire Sintex Industries Ltd. The Reliance Industries Limited […]
Chances are, you or a family member of yours holds a LIC policy. At 40 crore insurance policyholders, LIC covers almost 30% of the Indian population, and in that capacity manages to play a unique socio-economic role that is unmatched by any other institution not just within India but globally as well. Consider, for instance, […]
At a time when old-age homes in Rajkot are packed with the elderly and no less than 200 inquiries are made on a daily basis, this heart-warming story is a reason to believe in humane goodness still being around. Vasantbhai Limbasia, an Amdavadi dairy farm owner, recently bought a new farmhouse. His love for his […]
I-Create’s Center of Excellence is to give a new impetus to the ecosystem for the success of Gujarat’s E-Vehicle Policy-2021. It will do so by achieving the target of using electric vehicles by 2030. Chief Minister Bhupendra Patel visited the campus of the International Centre for Entrepreneurship and Technology i-Create. There he got in-depth information […]
It is without a doubt true that Gujaratis are good at making money. But, a Surat-based businessman Lavjitbhai Daliya, also known as Badshah, has proved that Gujaratis are equally good at spending money too. He has spent Rs 375 crores on his eldest daughter Goral’s wedding ceremony. Sangeet ceremony of the couple took place at […]
The Gujarat Government is often found to be in a tearing hurry to claim the numero uno status for almost everything, but it sometimes jumps the gun. It claims that the State leads in facilitating startups and even topped the State Startup Rankings 2019 initiated by the Department for Promotion of Industry and Internal Trade (DPIIT) […]
As per a decision made by the managing committee of Surat Diamond Bourse – the names of the members shifting their business from Mumbai to Surat at the reception of the bourse for a lifetime under the list ‘Leading member of SDB that started diamond trading’ will be put up by SDB. The circular of […]
The University of Oxford has appointed Indian origin renowned academic Soumitra Dutta as the Dean of Saïd Business School. He will take up the post from 1st June this year. Soumitra Dutta was the founding dean of Cornell SC Johnson College of Business at Cornell University, New York. He is currently a professor of management […]
