Category Articles: Business

IPO of GPT Healthcare Ltd to open on Thursday, February 22, 2024

February 20, 2024

Ahmedabad: Eastern India-focused GPT Healthcare, which operates and manages mid-sized multispecialty hospitals under the ILS Hospitals brand, has fixed the price band of Rs 177- to Rs 186 per Equity Share of face value Rs 10/- each for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Thursday, February 22, 2024, for subscription and close on Monday, February 26, 2024. Investors can bid for a minimum of 80Equity Shares and in mult...Read More

IHCL opens its 7th hotel in Ahmedabad with launch of Ginger Changodar

February 19, 2024

Mumbai: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the opening of Ginger Ahmedabad, Changodar. The 102-key hotel is centrally located in the heart of Changodar, minutes away from the SG Highway. The hotel has Qmin restaurant for all-day diner, a fitness center and over 4,600 sq ft of meeting and banquet facilities. Changodar, situated in the southern suburbs of Ahmedabad, is a thriving hub for business and is a prime residential locale. It is home...Read More

Public hearing for setting up Copper plant at Rajula on March 13

February 19, 2024
Public hearing for setting up Copper plant at Rajula on March 13

Amreli: About two decades ago, the land was purchased for setting up a copper plant on Hindorna-Barpatoli stretch and public hearing was held for proposed plant. After an agitation, the proposal was shelved. However now the proposal has been revived again and an environmental hearing is going to take place on March 13. The company representatives had dropped their Nigala visit last year after protests from the locals last year. The company now plans to reenter with fresh plans. The projec...Read More

Understanding the ANSI Grading System for Door Locks

February 19, 2024
Understanding the ANSI Grading System for Door Locks

Ensuring your home is secure from intruders is vital. The quality of your door lock depends on the door lock cylinders. To ensure home safety, figuring out which locks are best is essential. The ANSI Grading System helps choose the best locks. It's like a guide that makes things easier. Knowing about this system can help you make smart choices to protect your home and those you care about. In this guide, we'll explore the ANSI Grading System. We'll see how it works and why it's so important to ...Read More

Alstom India hands over first Trainset for Meerut Metro to NCRTC at Savli in Gujarat

February 16, 2024
Alstom India hands over first Trainset for Meerut Metro to NCRTC at Savli in Gujarat

Vadodara: The First Look of the Meerut Metro train set was unveiled today as the first train set was handed over to NCRTC at Alstom manufacturing plant at Savli near Vadodara in Central Gujarat. Alstom India was awarded the manufacturing contract, under which they will deliver 10 three-car train sets for the Meerut Metro, bundled with rolling stock maintenance for 15 years. The train sets, with their sleek and modern design, will be energy efficient, lightweight and equipped with a r...Read More

Thermax to invest Rs 1000 cr in Gujarat; Rs. 45 cr ion exchange resin plant in Jhagadia

February 16, 2024

Ahmedabad: Thermax will invest Rs. 1,000 crore next year in Gujarat for making an expansion in the State. Thermax plans to invest capex of Rs. 45 crore to set up an ion exchange resin manufacturing plant in Jhagadia. These announcements were made by the company's MD and CEO Ashish Bhandari here during media interaction on the sidelines of Thermax Roadshow -Rediscover. Thermax has four manufacturing facilities at Savli, Jhagadia, Dahej, and Mundra in Gujarat for domestic and export requirem...Read More

Juniper Hotels Ltd IPO to open on Wednesday, February 21, 2024

February 16, 2024
Juniper Hotels Ltd IPO to open on Wednesday, February 21, 2024

Ahmedabad: Juniper Hotels Limited (the "Company”) is a luxury hotel development and ownership company, and are the largest owner, by number of keys of “Hyatt” affiliated hotels in India as of September 30, 2023. (Source: Horwath Report), has fixed the price band of Rs 342 to Rs 360 per Equity Share for its initial public offer (“IPO” or “Issue”). The Issue of the Company will open on Wednesday, February 21, 2024, for subscription and close on Friday, February 23, 2024. Inv...Read More

Reliance Foundation partners with National Skill Development Corporation to impact half a million youths

February 15, 2024
Reliance Foundation partners with National Skill Development Corporation to impact half a million youths

New Delhi: Reliance Foundation and the National Skill Development Corporation (NSDC) have entered into a strategic partnership to create courses with future-ready skills for 500,000 Indian youth. This partnership entails the development of curriculum focusing on creating capacity for the youth in fields including EdTech, cybersecurity, artificial intelligence (AI), environmental sustainability, policy analysis and much more. With the help of Reliance Foundation’s digital-forward approach, this...Read More

Edelweiss Asset Management Launches Technology Fund

February 14, 2024
Edelweiss Asset Management Launches Technology Fund

Ahmedabad: Edelweiss Asset Management Limited (EAMC/EMF), one of India’s fastest-growing AMCs, announced the launch of Edelweiss Technology Fund, an open-ended equity scheme investing in technology and technology – related companies. The new fund offer (NFO) are open for subscription from 14th February 2024 to 28th February 2024. Commenting on the launch, Ms. Radhika Gupta, MD & CEO, Edelweiss Mutual Fund, stated, “In an era where technology is integral to our lives, we're thrilled to u...Read More

Essential Financial Planning Tips for Salaried Employees

February 14, 2024
Essential Financial Planning Tips for Salaried Employees

Financial planning for salaried employees largely depends on their standard of living and family responsibilities. It is a well-organized task to manage your salary or income, as soon as you start earning it. However, due to some predefined obligations, salaried professionals tend to spend a major portion of their salaries in the first few days of the month. Eventually, this leads to a money deficit that reduces the savings in the later month. We understand that the outcome of your hard-earned m...Read More