Vadodara: The impact of the ongoing Gulf War has begun to affect the supply of crude oil, leading to a shortage in the country and triggering a ripple effect across petrochemical products. As a result, the price of plastic granules used in manufacturing water bottles has increased, prompting water bottle manufacturers to raise their prices. Manufacturers have increased the price of a box of 12 one-litre water bottles by Rs. 20, a move that is expected to soon affect retail prices as well. With ...Read More

Mehsana: Frozen food manufacturer HyFun Foods will invest about ₹900 crore to set up a new manufacturing unit in north Gujarat to expand its capacity for French fries and potato-based products. The plant is expected to become operational by November–December 2026, according to a BusinessLine report. Managing Director and Group CEO Haresh Karamchandani said the new facility will more than double the company’s capacity. At present, HyFun produces 1,10,000 tonnes of French fries and 15,000 t...Read More

Bengaluru: Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, has signed a Memorandum of Understanding (MoU) with Finland’s leading foods company Fazer. As part of this evolution, the two companies will establish a long-term strategic partnership in India to produce, market, and distribute branded premium chocolates using Fazer’s recipes and high-quality standards nationwide, a press release said. The MoU was signed as part of the President of Finland,...Read More

Ahmedabad: Raajmarg Infra Investment Trust, an InvIT sponsored by NHAI (National Highways Authority of India), proposes to open an initial public offering (“IPO” or “Issue”) of units, together with Sponsor Contribution, aggregating up to ₹60,000.00 million (₹6,000 crore) on Wednesday, March 11, 2026, a press release said today. As per the company, the price band has been fixed from ₹99 to ₹100 per Unit. The Issue closes on Friday, March 13, 2026. The Anchor Investor Bidding Date...Read More

Ahmedabad: Rajesh Power Projects Private Limited, a wholly-owned subsidiary of Rajesh Power Services Limited (RPSL), has signed a Battery Energy Storage Purchase Agreement (BESPA) with state-run Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project at Virpor in Gujarat, the company said today. As per the company, the agreement establishes the long-term framework for the development and operation of the battery s...Read More

Ahmedabad: The ongoing conflict in the Middle East and disruption of global energy routes have begun affecting industries in Gujarat, with Gujarat Gas Ltd announcing restrictions on gas supply to industrial customers from March 6 due to a sharp decline in the availability of re-gasified liquefied natural gas (R-LNG). In a regulatory filing to the stock exchanges, the company stated that the recent war in the Middle East has severely constrained LNG supplies, forcing it to issue force majeure ...Read More

New Delhi: The Federation of Automobile Dealers Associations (FADA) today reported that February 2026 has emerged as a landmark month for the Indian auto retail sector, marking the best-ever February performance for nearly all vehicle categories. Total vehicle retails reached 24,09,362 units, representing a robust 25.62% year-on-year (YoY) growth. As per FADA, this record-breaking performance is attributed to the strong tailwinds from the GST 2.0 announcement, which improved market confidence...Read More

Mumbai: Jio Platforms Limited ("JPL") today announced the appointment of Dan Bailey as President, Jio Platforms, where he will lead the company's international business initiatives. Based in London, Dan will report to Akash Ambani, Chairman of Reliance Jio Infocomm Limited. As per an official release, Dan brings more than 35 years of experience across consulting and investment banking, having held senior leadership roles at Schroders/Citi, Morgan Stanley, and HSBC. Most recently, he served as...Read More