Category Articles: Business

Workers protest after removal from job in Savli based company

May 25, 2024

Savli/Vadodara: Around 90 laborers of Samlaya based Mina Circuit Private Ltd are staging protest for last few days as the company has removed them from job. The laborers have made representation before the Labor commissioner and Labor minister in this regard. The company as 300 workers. The company is into making of printed circuit boards. The workers are protesting against their removal from job for last 90 days. DeshGujaratRead More

Jewelers protest against Tanishq showroom in Surat over gold coin offer

May 25, 2024
Jewelers protest against Tanishq showroom in Surat over gold coin offer

Surat: 100s of jewelers staged protest against a newly opened jewelry shop of Tanishq in Sarthana area over Tanishq's announcement to offer a free gold coin over purchase and labor. Varachha-Katargam Jewelers Association and Surat Jewelry Wholesale Association has 1800 members. The associations have formed rules for standard practice and rates. A newly opened Tanishq showroom however announced a scheme to offer a free gold coin on the orders for purchase of gold and making of jewelry. Upse...Read More

NSE Listed Companies’ Market Capitalization Surpass USD 5 Trillion

May 24, 2024
NSE Listed Companies’ Market Capitalization Surpass USD 5 Trillion

Mumbai: The market capitalization of Indian listed companies on NSE surpassed USD 5 Trillion (Rs 416.57 trillion) on May 23, 2024. On the same day, the Nifty 50 Index touched an all-time high of 22,993.60 The Nifty 500 index also touched an all-time high of 21,505.25 today indicating that growth in equity market is not restricted to only the large, capitalized stocks. The journey of market capitalization of Indian listed companies from to USD 2 trillion (July 2017) to USD 3 trillion (May 2021...Read More

Laborers go in strike at Arvind Mills Santej unit

May 18, 2024

Santej: Exploitation, no fix work-hours and no increment in salaries are the reason for which laborers of Arvind Group's Santej based factory are on strike. Arvind Mills had witnessed strikes over same issues in the past occasions too. DeshGujaratRead More

Income Tax searches at locations linked to Madhav Group in Vadodara

May 18, 2024
Income Tax searches at locations linked to Madhav Group in Vadodara

Gandhinagar: The Income Tax department has launched searches at 27 locations in Ahmedabad and Vadodara. Locations linked to Ahmedabad based builder Sudhir Khurana, Vikram Khurana and Ashish Khurana are also being searched for Income Tax survey. Vadodara based builder Ashok Khurana and his partners are also covered under this operation. Ashok Khurana heads Madhav Group, headquarters of which is located in Subhanpura area of Vadodara. The group is into construction of over bridges and solar system...Read More

Unraveling the Impact of Ghost Jobs on the Modern Job Market

May 16, 2024
Unraveling the Impact of Ghost Jobs on the Modern Job Market

In today's digital age, where technology is rapidly evolving, a new phenomenon has emerged in the job market: ghost jobs. But what exactly are ghost jobs, and how do they affect the workforce and economy? In this article, we'll delve into the concept of ghost jobs, their implications, and what individuals and businesses can do to adapt. Understanding Ghost Jobs Ghost jobs refer to positions that exist in name only. They are often created by companies to meet legal requirements or project a fal...Read More

Reliance Retail and ASOS partner to bring ASOS own brands to India

May 16, 2024
Reliance Retail and ASOS partner to bring ASOS own brands to India

Mumbai: Reliance Retail, India’s leading retailer, and ASOS, the UK’s leading online fashion retailer for 20-somethings, have entered into a long-term partnership aiming to redefine the fashion landscape in India. This strategic partnership marks a milestone in Reliance Retail's commitment to offering unparalleled choices and bringing world class retail experiences to Indian consumers. Under a long-term licensing agreement, Reliance Retail will be the exclusive retail partner for ASOS acros...Read More

Isha Ambani calls for more women in STEM fields at ‘Girls in ICT Day India 2024’

May 15, 2024
Isha Ambani calls for more women in STEM fields at ‘Girls in ICT Day India 2024’

New Delhi: Isha M. Ambani, Director of Reliance Industries Limited, addressed the opening ceremony of Girls in Information and Communications Technology (ICT) Day India 2024 being held in New Delhi. Isha shared her views and experiences to inspire young girls and women to develop skills in Information and Communication Technology and pursue education in STEM (Science, Technology, Engineering, Mathematics) subjects. Addressing the event, Isha said, "We are living in times of exponential ch...Read More

SBI becomes first bank to join IIBX GIFT City as TCM member

May 15, 2024
SBI becomes first bank to join IIBX GIFT City as TCM member

Gandhinagar: The State Bank of India (SBI) on Tuesday, announced that it has become the first bank to be a trading-cum-clearing (TCM) member of the India International Bullion Exchange (IIBX) at GIFT City in Gujarat. This milestone allows SBI IBU Gift City to conduct and settle trades on the IIBX platform on behalf of its clients, according to an official release. RBI guidelines permit branches of Indian banks in GIFT IFSC to act as trading members (TM) or trading and clearing members (TCM...Read More

GIFT city’s IFSCA and NSE IX lead Direct Equity Listing Summit

May 15, 2024
GIFT city’s IFSCA and NSE IX lead Direct Equity Listing Summit

Gandhinagar: The International Financial Services Centres Authority (IFSCA) and NSE International Exchange (NSE IX) in association with 3one4 Capital, and Indian Venture and Alternate Capital Association (IVCA) organized a conference on May 10, 2024 in Bengaluru, focused on Direct Equity Listing for Indian Startups in the Gujarat International Finance Tec-City (GIFT IFSC). This event aligns with the objective of the Government of India to reshape the Indian capital market landscape and offers I...Read More