Category Articles: Business

Air India, BPC to be sold by March 2020: FM Nirmala Sitharaman

November 18, 2019
Air India, BPC to be sold by March 2020: FM Nirmala Sitharaman

New Delhi: Air India, Bharat Petroleum Corporation will be sold by March, 2020, finance minister Nirmala Sitharaman said on Saturday in an interview with the Times of India. “We are moving on both with the expectation that we can complete them this year. The ground realities will play out,” she told TOI in an exclusive interview. Sitharaman said there is a “lot of interest” among investors as evident in international road shows ahead of the sale of Air India. A year ago, the loss-...Read More

Prices of Dyestuff in Pakistan doubled in 3 months as export from India stops

November 14, 2019
Prices of Dyestuff in Pakistan doubled in 3 months as export from India stops

Ahmedabad: The prices of dyestuff- the chemical substances used to impart colour to textiles, paper, leather, and other materials, in neighbouring Pakistan has more than doubled following complete stop on export from India after announcement of abrogation of article 370, Senior office bearers of Basic Chemicals, Cosmetics and Dyes Export Promotion Council (Chemexcil) and the Gujarat Dyestuff Manufacturing Association (GDMA) today informed. Addressing a press conference on the oc...Read More

AirAsia India launches New Delhi-Ahmedabad flight

November 13, 2019
AirAsia India launches New Delhi-Ahmedabad flight

New Delhi: AirAsia India, one of the low cost carriers, today announced expansion of its network with introduction of new routes between New Delhi, Kochi and Ahmedabad with effect from 20 December, 2019. All flights for the new routes between New Delhi – Kochi and New Delhi - Ahmedabad are priced at INR 3915 & INR 2015 respectively, and are open for bookings. Speaking about the development, Mr. Sanjay Kumar, COO, AirAsia India, said “We are delighted to have added two more routes to ...Read More

State Bank of India empanels as a Clearing Bank with India International Clearing Corporation (IFSC) Ltd in GIFT City Gujarat

November 13, 2019
State Bank of India empanels as a Clearing Bank with India International Clearing Corporation (IFSC) Ltd in GIFT City Gujarat

    Mumbai, November 13, 2019: India’s premier public sector bank, State Bank of India (SBI) – International Banking Unit (IBU), will now start offering Clearing Bank services to capital market participants at the IFSC, GIFT City.  The Bank empaneled as a Clearing Bank with India International Clearing Corporation (IFSC) Limited (India ICC) on 8th November, 2019 and intends to offer the entire suite of permitted services to cater to the fast-evolving capital markets ecosystem at...Read More

Rupani launches online registration portal, issues first approval to MSME unit

November 12, 2019
Rupani launches online registration portal, issues first approval to MSME unit

Gandhinagar: Gujarat Chief Minister Vijay Rupani on Monday launched an online registration portal to facilitate setting up of new MSME units in the State. The Chief Minister approved a first online application through portal and issued a certificate through e-mail to a woman entrepreneur. According to a note issued by Chief Minister's office, a certificate of applications are approved and certificate is issued within few minutes after online declaration of intent is registered on the porta...Read More

Tata Power to develop 50 MW solar project at Dholera Solar Park in Gujarat

November 11, 2019
Tata Power to develop 50 MW solar project at Dholera Solar Park in Gujarat

Gandhinagar: Tata Power, India’s largest integrated power company, today announced that Tata Power Renewable Energy Limited (TPREL), the Company’s wholly owned subsidiary, has received a Letter of Award from Gujarat Urja Vikas Nigam Limited (GUVNL) on 7th November 2019 to develop a 50MW solar project in Dholera Solar Park in Gujarat. This LOA is in addition to the 250MW Solar Project being set up by the Company at Dholera Solar Park. The Plant is expected to generate 118 MUs of energy pe...Read More

Bloom Hotel Group opens its first property in Gujarat, plans 10 more hotels in 2 years

November 11, 2019
Bloom Hotel Group opens its first property in Gujarat, plans 10 more hotels in 2 years

Ahemdabad: Bloom Hotel Group has recently launched its first property in Gujarat, a 68 room hotel on SG Road in Ahmedabad. The hotel group is now planning to sign at least 10 more hotels within the next 24 months across leading markets including Surat, Baroda and GIFT city, among others. Sanjeev Sethi, COO Bloom Hotel Group said about the Gujurat entry of the brand “We are pleased to announce the launch of our first hotel in Gujurat and we see fantastic potential across the state with se...Read More

Bhavnagar port to have world’s first CNG terminal

November 10, 2019
Bhavnagar port to have world’s first CNG terminal

Gandhinagar: The Government of Gujarat has given approval to world's first CNG terminal at Bhavnagar port, said a note issued by Chief Minister's office. U.K. based Foresight group and Mumbai based Padmanabh Mafatlal group joint venture will invest Rs. 1900 crre to set up a CNG port terminal at Bhavnagar port, the note further said addinh that the Chief Minister has as a Chairman of Gujarat Infrastructure Development Board (GIDB) has given approval to this proposal. Proposed GNG terminal...Read More

Reliance employees collect record setting 78 tons of waste plastic bottles for recycling

November 08, 2019
Reliance employees collect record setting 78 tons of waste plastic bottles for recycling

Mumbai: In a one of its kind collection drive, Reliance Foundation, the philanthropic arm of Reliance Industries Limited (RIL), announced on Friday that through its Recycle4Life campaign, volunteers have collected over 78 tons of waste plastic bottles for recycling. This record-setting collection drive was made possible by mobilizing over three lac employees, their family members and partners of RIL and its allied businesses like Jio and Reliance Retail across their several locations in India. ...Read More

Uber to start its service in two more cities in Gujarat including Rajkot by the year end

November 08, 2019

Ahmedabad: Uber, the world's largest personal mobility company that provides cabs and other services, today said that it would expand its services to two more cities in Gujarat including Rajkot, the largest city of Saurashtra region in the western state. Addressing a press conference here Krishna Veer Singh, Head of West India Ridesharing, Uber, said that the company which currently offered its cab/auto services in a total of six cities/towns of Gujarat, would add two more cities Rajkot...Read More

error: Content is protected !!