Category Articles: Business

Mallcom Invests ₹100 Crore in New PPE Manufacturing Plant at Sanand

June 06, 2026
Mallcom Invests ₹100 Crore in New PPE Manufacturing Plant at Sanand

Ahmedabad: PPE manufacturer Mallcom India Ltd, headquartered in Kolkata, on Friday announced an investment of more than Rs 100 crore in a new manufacturing facility at Sanand, aimed at boosting domestic production, enhancing localisation and reducing reliance on imports. According to a company statement, the Sanand facility is Mallcom’s 17th manufacturing unit and currently provides employment to over 200 people. The workforce is expected to exceed 300 by next year. The plant produces a rang...Read More

Lohum to Revive HCL Copper Facility in Gujarat Under 20-Year Revenue-Sharing Deal

June 04, 2026

Bharuch: Lohum, a company engaged in the production of sustainable critical minerals and advanced materials, announced on Thursday that it has acquired the rights to revive, modernise and operate Hindustan Copper Ltd's (HCL) 50,000-tonne-per-year copper facility at Jhagadia in Gujarat under a 20-year revenue-sharing agreement. According to the company, the agreement, which includes an option for a five-year extension, is expected to boost India's copper refining capacity at a time when demand i...Read More

Reliance Industries, NLC India to Explore Underground Lignite Gasification Project in Gujarat: Report

June 01, 2026
Reliance Industries, NLC India to Explore Underground Lignite Gasification Project in Gujarat: Report

Ahmedabad: State-owned NLC India Ltd (NLCIL) has partnered with Reliance Industries Ltd (RIL) to explore the feasibility of an underground lignite gasification project in Gujarat, aimed at boosting domestic gasified fuel production amid ongoing global energy supply challenges. According to a Business Standard report, the two companies have signed an agreement to evaluate the technical and commercial viability of converting lignite reserves into synthesis gas through underground gasification t...Read More

CMR Green Technologies Limited IPO Opens on June 3

June 01, 2026
CMR Green Technologies Limited IPO Opens on June 3

Ahmedabad: CMR Green Technologies Limited shall open the Bid/Offer Period in relation to its initial public offer of Equity Shares on Wednesday, June 3, 2026, the company announced today. As per the press statement, "The Offer comprises an offer for sale of up to 32,858,323 Equity Shares (“Offered Shares”) (face value ₹2 each) (“Equity Share(s)”) by the Selling Shareholders. The Offered Shares comprise up to 4,959,428 Equity Shares by Mohan Agarwal (the “Promoter Selling Shareholder...Read More

Turn your fixed deposit into instant spending power: Here’s how it works

May 28, 2026
Turn your fixed deposit into instant spending power: Here’s how it works

Building your savings is great, especially through a safe and risk-free avenue like a fixed deposit. While your fixed deposit earns interest, it can also do more. That’s the idea behind a credit card against an FD. When you’re in need of funds, you can use your FD as collateral for getting a credit limit. This waymore about this smart approach to credit in this detailed blog. How does a credit card against an FD work? A credit against an FD is a secured credit card where the credit...Read More

Reliance Jio Launches ₹200 OTT Pass Offering 15 OTT Apps, 1,000+ Live TV Channels and Unlimited 5G

May 27, 2026
Reliance Jio Launches ₹200 OTT Pass Offering 15 OTT Apps, 1,000+ Live TV Channels and Unlimited 5G

Mumbai: Reliance Jio has launched a new ₹200 OTT Pass, introducing an all-in-one entertainment and connectivity package that bundles access to multiple streaming platforms, live television channels, and data benefits under a single 28-day plan. The newly launched pass offers subscriptions to 15 premium OTT platforms, access to over 1,000 live TV channels through JioTV, 30GB of high-speed data, and unlimited 5G usage during the validity of the customer’s active base plan. The telecom compa...Read More

IPE Global, GESIA sign MoU to advance ‘She Works’ across Gujarat’s tech ecosystem

May 26, 2026
IPE Global, GESIA sign MoU to advance ‘She Works’ across Gujarat’s tech ecosystem

Ahmedabad: IPE Global, a leading international development consultancy, announced the signing of a Memorandum of Understanding (MoU) with the GESIA IT Association (Gujarat Electronics & Software Industries Association) to advance the She Works initiative, a programme dedicated to strengthening women’s participation, retention, leadership, and long-term career progression  in Gujarat’s technology sector. "The MoU was signed on the occasion of the GESIA Women Tech Wing marking a two-ye...Read More

JSW MG Motor Begins Production of MG Majestor SUV at Gujarat Plant

May 26, 2026
JSW MG Motor Begins Production of MG Majestor SUV at Gujarat Plant

Halol: JSW MG Motor India has begun production of the MG Majestor at its Halol manufacturing plant in Gujarat, positioning it as India’s first D+ segment SUV. Designed for buyers seeking a blend of premium features, rugged capability and a commanding road presence, the MG Majestor is powered by a 2.0-litre twin-turbo diesel engine that produces 215.5 PS and 478.5 Nm of torque. According to the company, the SUV is equipped with an advanced four-wheel-drive system featuring 10 off-road modes a...Read More

Enforcing Anti-Dumping Duty can save India Rs. 28,540 crore annually: C-DEP report

May 26, 2026
Enforcing Anti-Dumping Duty can save India Rs. 28,540 crore annually: C-DEP report

New Delhi: The C-DEP Research and Centre for WTO Studies, Ministry of Commerce, today released its report titled "Impact of Anti-Dumping Duties in India", which examines the effects of anti-dumping duties on downstream costs, inflation, MSMEs, domestic capacity, and investments. The report was released by Pritam Banerjee, Head, Centre for WTO Studies, Ministry of Commerce, and was presented at a roundtable with leaders of India's core domestic industries. The event brought together industry lead...Read More

Gilt Fund Benefits That Conservative Investors Should Not Ignore

May 25, 2026
Gilt Fund Benefits That Conservative Investors Should Not Ignore

Conservative investors have a habit of staying in familiar territory — fixed deposits, recurring deposits, post office schemes. The reasoning is understandable. Capital safety matters more than return maximisation for a significant section of the investing population. What this group often misses, though, is that safety and yield are not always in direct conflict. Gilt funds make that case more convincingly than most instruments in the debt category. What Gilt Funds Offer That Other Debt Op...Read More