Category Articles: Business

EODB: Gujarat govt seeks explanation over calculation of combined score, DIPP to deliver reply

July 13, 2018
EODB: Gujarat govt seeks explanation over calculation of combined score, DIPP to deliver reply

New Delhi: The Department of Industrial Policy and Promotion (DIPP) will send a detailed reply with annexture to the Gujarat government on questions raised by it over ease of doing business rankings which assigned the state fifth position. Gujarat had topped the chart of Ease of Doing Business ranking among all the states and Union Territories in year 2015. A Gujarat government official had pointed out that despite having a higher feedback score of 83.64 percent as compared to Haryana (82.90 ...Read More

Demand draft to bear name of purchaser from September 15: RBI notification

July 13, 2018
Demand draft to bear name of purchaser from September 15: RBI notification

New Delhi: The Reserve Bank of India has directed banks to incorporate the name of purchaser in demand draft with effect from September 15 in a bid to prevent possible misuse for money laundering. From September onwards, issuing banks have been asked to incorporate the name of the purchaser on the face of the demand draft, pay order, and banker's cheques. These instructions shall take effect for such instruments issued on or after September 15, 2018. Read More

AM Naik of L&T to set up specialty cancer hospital at birth place Navsari in Gujarat; Tata Trusts to manage the operations

July 11, 2018
AM Naik of L&T to set up specialty cancer hospital at birth place Navsari in Gujarat; Tata Trusts to manage the operations

Mumbai: The Nirali Memorial Medical Trust, established by Mr. A.M. Naik, Group Chairman of Larsen & Toubro, will set up a speciality cancer hospital at Navsari, Gujarat and the Tata Trusts will manage the operations of the facility. Nirali Memorial Medical Trust and Tata Trusts today signed an agreement to this effect, in the presence of Mr. A.M. Naik and Mr. Ratan N. Tata. The mission of the proposed hospital at Navsari, the birthplace of Mr. Naik and the Tata group founder, Jamsetji Tata, i...Read More

Gujarat gets fifth place in Ease of Doing Business ranking for States in India

July 11, 2018
Gujarat gets fifth place in Ease of Doing Business ranking for States in India

New Delhi: Andhra Pradesh has topped a list of states in the new Ease of Doing Business rankings, released by the government today. Andhra Pradesh's neighbour Telangana, also the country's newest state, has been ranked number two in the list. Haryana and Jharkhand have moved up three slots each, to be ranked third and fourth in the state rankings. Gujarat has slid two slots to the fifth position. The other states that make up the top nine, described as the top achievers, are Chhattisgarh, Mad...Read More

KOTRA to open office in Gujarat; MoU signed with State government

July 10, 2018
KOTRA to open office in Gujarat; MoU signed with State government

New Delhi: The Government of Gujarat and Korea Trade Promotion Corporation(KOTRA) today signed memorandum of understanding(MoU) here. As per a note released by Gujarat government, KOTRA delegation will participate in Vibrant Gujarat Global Summit 2019. A Gujarat government delegation will visit South Korea to promote Vibrant Gujarat Summit. KOTRA will start an office in Gujarat. At present, KOTRA has its offices in India at New Delhi, Mumbai, Chennai, Kolkata and Bengaluru. MoU was sig...Read More

Live: PM Modi & South Korean President Moon Jae-in jointly inaugurate Samsung Mobile manufacturing unit in India

July 09, 2018

New Delhi: The Prime Minister of India, Shri Narendra Modi, and theNOIDA, India – July 09, 2018 – The Honourable Prime Minister of India, Shri Narendra Modi, and the Honourable President of the Republic of Korea, His Excellency Moon Jae-in, today jointly inaugurated Samsung Electronics’ new mobile phone manufacturing facility – The World’s Largest Mobile Factory – in Noida, Uttar Pradesh, India. Samsung India also launched its ‘Make for the World’ initiative, whereby it ...Read More

L&T inaugurates new production line for BrahMos Transport Launch Canister (TLC) at Ranoli in Gujarat

July 07, 2018
L&T inaugurates new production line for BrahMos Transport Launch Canister (TLC) at Ranoli in Gujarat

Vadodara: L&T Defence today announced the inauguration of a second production line for BRAHMOS Transport Launch Canister (TLC) at Ranoli, near Vadodara in Gujarat to cater to the serial production requirements of BRAHMOS Supersonic Cruise Missile System. The second production line will manufacture canisters designed for storage, transportation and launch of BRAHMOS missiles. BRAHMOS Missile System was successfully test-fired recently.It is integrated with L&T manufactured Composite Airframes...Read More

India’s first double stacked dwarf container train flagged off from Kanalus private rail siding of RIL

July 07, 2018
India’s first double stacked dwarf container train flagged off from Kanalus private rail siding of RIL

Jamnagar: The first ever “Double Stacked Dwarf Container” rake over Indian Railways was run by Western Railways from a private siding near Kanalus station in Jamnagar district for Rewari today . Dwarf containers are designed as innovative model of delivery over conventional containers as they have less height than ISO Container. According to Railways, double stacked Dwarf containers are very suitable for commercially viable transportation for light to medium heavy commodities such as P...Read More

Blast in the reactor of Pharma major Unique chemicals’ plant in Bharuch, 2 workers dead, 6 injured

July 06, 2018
Blast in the reactor of Pharma major Unique chemicals’ plant in Bharuch, 2 workers dead, 6 injured

Bharuch: At least 2 workers of well known pharma company Unique chemicals died and six injured this morning when a blast in the reactor of its plant in Panoli GIDC area under Ankaleshwar rural police station area of Bharuch district in Gujarat occurred this morning, police said. PI of Ankaleshwar Rural police station B L Vadukar said that the blast took place at around 0830hrs this morning due to some king of technical fault in the reactor of the plant. 'Two of the wo...Read More

Doctors Test Drive the Best of the Robotic Technologies at HCG Ahmedabad

July 05, 2018
Doctors Test Drive the Best of the Robotic Technologies at HCG Ahmedabad

Ahmedabad: HCG, the Specialist in Cancer Care today organized an innovative experience platform for the medical fraternity, wherein doctors got a hands-on experience on a fully functional robot. The event was organised at HCG, Ahmedabad with an aim to help doctors understand the finer nuances of Robotic Technology in a better manner. The HCG team had stationed a roving robot at their centre and invited experts to visit and experience the simplicity of da Vinci Si surgical system which cons...Read More

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