Category Articles: Business

Ashok Leyland bags orders for 1282 buses from Gujarat State Road Transport Corporation

September 29, 2023
Ashok Leyland bags orders for 1282 buses from Gujarat State Road Transport Corporation

Chennai: Ashok Leyland, today announced that it has bagged an order for 1,282 fully built buses from Gujarat State Road Transport Corporation (GSRTC). This order is one of the largest from a State Transport Undertaking for a single OEM. Under the terms of the order, Ashok Leyland will deliver 55-seater fully assembled BS VI diesel buses in a phased manner. These buses will feature the advanced iGen6 BS VI technology, featuring a 147 kW (197 hp) H-series engine. Speaking on the order win, M...Read More

JioMart and Meta celebrate a year of making shopping easier for India

September 29, 2023
JioMart and Meta celebrate a year of making shopping easier for India

Mumbai: Celebrating one year of enabling Indians to shop with ease, JioMart and WhatsApp’s collaboration has proven to be one of the most successful partnerships in the domestic retail space. Reliance Retail's JioMart, one of India's leading e-marketplaces, has successfully implemented and fulfilled orders through WhatsApp. The partnership has enabled consumers to simply browse and shop for their household needs through WhatsApp chat services. With the partnership with Meta, JioMart has wit...Read More

Air India concludes acquisition of India’s first A350-900 through gift IFSC Gujarat

September 29, 2023
Air India concludes acquisition of India’s first A350-900 through gift IFSC Gujarat

Gandhinagar: Air India has acquired India’s first Airbus A350-900 aircraft through a finance lease transaction with HSBC. This is Air India’s first financing transaction from its record-setting orders for 470 aircraft. The transaction makes Air India the first scheduled carrier to have acquired an aircraft from an entity registered in Gujarat International Finance Tec-City (GIFT City). Air India’s first A350-900 is also the first widebody aircraft to have been leased through India’s firs...Read More

Gift Nifty sets an all-time high single day turnover of US $15.25 billion on Sept 26

September 27, 2023
Gift Nifty sets an all-time high single day turnover of US $15.25 billion on Sept 26

Gandhinagar: Gift Nifty reached an all-time high single day trading activity of 3,86,350 contracts with turnover of US $15.25 billion (INR 1,26,930 Crs. equivalent) on September 26, 2023.  Gift Nifty breaks its previous record in a month when the turnover touched a high of US $12.98 billion on August 29, 2023. Trading turnover on NSE IX has been growing exponentially since commencement of a full-scale operation of GIFT Nifty on July 3, 2023.  Since the first day of full-scale operations, Gift...Read More

Plaza Wires Limited’s IPO to open on Sept 29

September 27, 2023
Plaza Wires Limited’s IPO to open on Sept 29

Ahmedabad: Delhi-based Plaza Wires Limited is engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fast-moving electrical goods (“FMEG”), has fixed the price band at Rs 51 to Rs 54 per Equity Share for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, September 29, 2023, for subscription and close on Wednesday, October 4, 2023. Investors can bid for a minim...Read More

Book about Dhirubhai Ambani written by Parimal Nathwani released by Gujarat Guv

September 25, 2023
Book about Dhirubhai Ambani written by Parimal Nathwani released by Gujarat Guv

Gandhinagar: Governor of Gujarat State Mr. Acharya Devvrat today launched a book titled ‘The One and Only Dhirubhai Ambani', written by Mr. Parimal Nathwani, Director of Corporate Affairs Department of Reliance Industries Limited and Member of Rajya Sabha was at Raj Bhavan in Gandhinagar. Chief Minister of Gujarat State Mr. Bhupendrabhai Patel was a Guest of Honor at this book release ceremony. The book ‘The One and Only Dhirubhai Ambani' written by Shri Parimal Nathwani has been published b...Read More

Lilavati Hospital promoter family launches Lilavati Pharmacy in Gujarat, to open 500 stores in 5 years

September 25, 2023
Lilavati Hospital promoter family launches Lilavati Pharmacy in Gujarat, to open 500 stores in 5 years

Gandhinagar: Mumbai based Lilavati Hospital's promoter family today launched Lilavati Pharmacy in Ahmedabad. The Mehta family, promoter of Lilavati hospital announced to open 500 such pharama stores in five years across India. Customers will be able to consult a doctor at the pharmacy itself and seek an appropriate line of treatment.The Lilavati Pharmacy project is being driven by Prashant Mehta, the promoter and Managing Director. Mehta is also leading Lilavati Hospital’s foray into Gujarat w...Read More

Sharad Pawar meets Gautam Adani in Gujarat

September 23, 2023
Sharad Pawar meets Gautam Adani in Gujarat

Gandhinagar: Former Maharashtra Chief Minister and founder of Nationalist Congress Party (NCP) Sharad Pawar held a meeting with a politically controversial business tycoon Gautam Adani in Ahmedabad for over an hour. According to a news agency report, Pawar visited Adani at the latter's residence and office (headquarters of Adani Group) in Ahmedabad. This is not the first visit of Pawar to Adani whose company is headquartered in Ahmedabad. Pawar had visited Adani earlier too in Ahmedabad. At leas...Read More

Gujarat’s Automotive Evolution: From Zero to a $3 Billion Hub

September 23, 2023
Gujarat’s Automotive Evolution: From Zero to a $3 Billion Hub

Gandhinagar: Gujarat’s automobile sector is valued at USD 3 billion. With an annual export of over 8 lakh vehicles, Gujarat has proven itself as a vital contributor to India's automotive landscape. The state's journey towards becoming an automotive hub began with the establishment of the Tata Motors manufacturing plant in Sanand in 2009, acting as a magnet for both domestic and international players. The evolution of Gujarat's Automobile Sector is closely tied to the Vibrant Gujarat Glo...Read More

Tata Projects to build Micron Technology’s Sanand semiconductor plant in Gujarat

September 23, 2023
Tata Projects to build Micron Technology’s Sanand semiconductor plant in Gujarat

Sanand: TATA Projects, a leading technologically led Indian EPC company will construct an advanced semiconductor assembly and test plant in Sanand, Gujarat for Micron Technology. Situated in the Gujarat Industrial Development Corporation(GIDC) area of Chaarodi, Sanand, the project spans an expansive 93 acres of land. This project is the largest investment under the India Semiconductor Mission (ISM). The construction of Phase 1 will include a 500,000 square feet cleanroom space, scheduled to...Read More