Category Articles: Business

Tanishq celebrates 3 lakh customers mark in Ahmedabad; to open 25th store in Gujarat at Gandhinagar

July 13, 2024
Tanishq celebrates 3 lakh customers mark in Ahmedabad; to open 25th store in Gujarat at Gandhinagar

Ahmedabad: Tanishq, the jewellery brand from Tata Group, celebrated a milestone of covering 3 lakh customers in the city of Ahmedabad today. The event honoured the customers who have been part of Tanishq's legacy since its inception in Ahmedabad. The evening included a fashion show where customers showcased Tanishq’s jewellery. Ajoy Chawla, CEO of Titan Company Limited's Jewellery division, informed that Gujarat currently has 24 Tanishq stores, with plans for a 25th store in Gandhinagar soo...Read More

NCLT approves equal distribution of Gujrat based Vadilal Group’s businesses among 3 families

July 13, 2024
NCLT approves equal distribution of Gujrat based Vadilal Group’s businesses among 3 families

Ahmedabad: The National Company Law Tribunal (NCLT) has approved the equal distribution of the Gujarat-based Vadilal Group after a prolonged legal battle. Managed by the Gandhi family, the Vadilal Group has encountered internal conflicts over division for quite some time. The NCLT has now delivered its verdict on the demerger of the business, estimated to be valued at 3400 crores. The tribunal pronounced its order in a petition filed by Virendra R. Gandhi, with Vadilal International Pvt. Ltd....Read More

How Does Personal Loan Balance Transfer Work for a 2 Lakh Loan?

July 10, 2024
How Does Personal Loan Balance Transfer Work for a 2 Lakh Loan?

Managing a Personal Loan can be challenging, especially if high interest rates make your monthly payments expensive. Many people struggle with the stress of high loan repayments that don't reduce the principal amount according to their expectations. This situation creates a need for solutions that ease the financial burden and help clear debt faster. A Personal Loan balance transfer for a 2 lakh loan can be a smart strategy in this context, offering lower interest rates and more manageable re...Read More

Gujarat govt launches Akshay Urja portal as single window to apply for renewable energy projects

July 08, 2024
Gujarat govt launches Akshay Urja portal as single window to apply for renewable energy projects

Gandhinagar: Energy Minister Kanubhai Desai today launched the Akshay Urja portal developed by Gujarat Urja Vikas Nigam Ltd (GUVNL) in this city. The portal aims to streamline the approval process for Renewable Energy Projects, serving as a single-window clearance system. Previously, applicants had to navigate multiple websites including GEDA, GETCO, DISCOM, CEI, SLDS, and EPD to apply for approvals. With the new portal, all applications can now be submitted through a single platform. Additio...Read More

Over 3,600 2-wheelers and 1,100 cars sold in Ahmedabad on Rath Yatra 2024 day

July 08, 2024
Over 3,600 2-wheelers and 1,100 cars sold in Ahmedabad on Rath Yatra 2024 day

Ahmedabad: On the occasion of the 147th Rath Yatra of Bhagwan Jagannath, held on Ashadi Beej on Sunday, around 3,600 two-wheelers and 1,100 cars were sold in the city. According to estimates from vehicle dealers, around 10,000 two-wheelers and more than 2,500 cars have been sold in the state. However, some of the vehicles were sold without number plates, which is mandatory as per transport department rules. According to the new transport department rules, if a new vehicle is to be released on...Read More

Nathwani presents Anant-Radhika wedding invitation to Gujarat CM

July 08, 2024
Nathwani presents Anant-Radhika wedding invitation to Gujarat CM

Gandhinagar: Parimal Nathwani, Director of Corporate Affairs at Reliance Industries Limited and Rajya Sabha MP, today extended the invitation for the wedding of Anant Ambani and Radhika Merchant to Gujarat Chief Minister Bhupendra Patel. Nathwani gave the grand luxurious invite to the CM, whose video had gone viral on social media. Anant Ambani, the youngest son of Mukesh Ambani, Chairman of Reliance Industries Limited, and Radhika Merchant, daughter of industrialist Viren Merchant, will wed ...Read More

All About Debt Mutual Funds

July 07, 2024
All About Debt Mutual Funds

Namrata Singh, CFP & Chaitali Shah, MA (Economics) Debt funds are mutual funds that invest in a variety of debt securities such as treasury bills, government securities (gilts), certificates of deposits (CDs), commercial papers (CPs), bonds, and money market securities, among others. Unlike investing directly in bonds or debt securities, debt mutual funds provide diversification and professional management, especially in underdeveloped debt markets like India. Categories of Debt Mutual...Read More

Brief disruption in HDFC Bank ‘s online services during 12-13 July; Check details

July 03, 2024
Brief disruption in HDFC Bank ‘s online services during 12-13 July; Check details

HDFC Bank, India’s leading private sector bank, today announced it is undertaking a system upgrade on July 13, 2024. The Bank is migrating its Core Banking System (CBS) onto a new engineered platform for its growing customer base of 9.3 crore individuals and businesses across the country. Tha Bank said this migration will allow the Bank to improve performance speed, expand its capacity to handle high traffic volume, boost reliability and scalability. With this upgrade, HDFC Bank will be one...Read More

New GST Portal feature allows verification of traders/company via phone number

July 02, 2024
New GST Portal feature allows verification of traders/company via phone number

Surat: The GST portal launched a new feature allowing traders to verify company details using a mobile number. This feature, introduced to prevent fraud, offers relief to traders by providing an additional verification method. The launch took place recently, aiming to enhance trust and security in business transactions. Previously, traders could access company information on the GST portal using the GST number. Now, with the addition of the mobile number verification feature, traders can veri...Read More

Sanand-based Mamata Machinery Ltd files DRHP

July 01, 2024
Sanand-based Mamata Machinery Ltd files DRHP

Ahmedabad: Sanand-based Mamata Machinery Ltd, has filed its Draft Red Herring Prospectus (DRHP) with stock market regulator, the Securities and Exchange Board of India (SEBI). Beeline Capital Advisors Private Limited is the sole Book Running Lead Manager to the Issue (BRLM).  As per the official statement of the company, "The objects of the Offer are to (i) carry out the Offer for Sale of up to 7,382,340 Equity Shares by the Selling Shareholders; and (ii) achieve the benefits of listing the ...Read More