London: Anil Ambani, the embattled chairman of Anil Dhirubhai Ambani Group (ADAG), who went from being sixth richest person on the planet to ‘zero net worth’, told a UK court on Friday that he sold off all his jewellery to pay off legal fees. The younger sibling of Asia’s richest man Mukesh Ambani also told the UK court that he is a “simple man of simple tastes” and owns just one car. The indebted businessman said he received Rs 9.9 crore after selling all his jewellery between Janu...Read More

MG Motor India is planning to invest Rs 1,000 crore in the country in the next one year period aiming at a capacity boost at its Halol facility in Gujarat's Panchmahal district. According to the report, the carmaker has already invested at least Rs 3,000 crore in India With the annual capacity of 75,000 to 80,000 vehicles at the Gujarat plant. The company now plans to take this figure to 1,00,000 vehicles a year. The company, which is a subsidiary of Chinese automaker SAIC Motors, is also loo...Read More

Ahmedabad:Lockdown that started from last week of March and lasted till May end, changed the list of essentials in daily life. Broadband has become the most crucial thing after food, clothes and shelter. The need of broadband or optical fiber has suddenly shot up. In very first month of unlock, Jio added over 17,000 connections of JioFiber in Gujarat. The telecom regulator, the Telecom Regulatory Authority of India (Trai), issued the subscription numbers on Thursday, which reveals that after ...Read More

Mumbai: Reliance Jio has started offering mobile services on 22 flights on international routes, with plans starting at Rs 499 per day. The company's partner airlines include Cathay Pacific, Singapore Airlines, Emirates, Etihad Airways, Euro Wings, Lufthansa, Malindo Air, Biman Bangladesh Airlines, and Alitalia. With this, Jio has become the second Indian telecom company to offer in-flight service. Tata group firm Nelco has started providing in-flight mobile services in Vistara airlines on the L...Read More

Ahmedabad: Amazon India has announced to set up a Fulfillment Centre in Ahmedabad which according to the company will generate an estimated 5,000 jobs. Spread over more than 2 lakh square feet area, the new Fulfillment Centre will help sellers offer a wider selection within the region and neighbouring states of Gujarat. The company has also taken another 15,000 sq ft sorting centre near Ahmedabad Airport for faster and reliable deliveries of customer orders in the State. With this infrastructure...Read More

Gandhinagar: The Government of Gujarat today inked Memorandum of Understanding (MoU) with Welspun group for upcoming steel plant and iron pipe project in Kutch that are to be set up with an estimated investment of Rs. 1250 crore. An MoU was signed by Additional Chief Secretary of Industry department and Managing Director of Welspun Group in presence of State Chief Minister and Welspun group Chairman. Proposed project will create around 2,000 jobsRead More

Mumbai: Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that global investment firm KKR will invest ₹ 5,550 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4.21 lakh crore. KKR’s investment will translate into a 1.28% equity stake in RRVL on a fully diluted basis. This marks the second investment by KKR in a subsidiary of Reliance Ind...Read More

Mumbai: Tata Motors, today rolled out the 3,00,000th Tiago from its Sanand facility in Gujarat. Launched in 2016 is not only Tata Motors’ most awarded car but it also became the highest selling hatchback in the country in August 2018. Earlier this year, the Company launched the BS6 version of the car as a part of Tata Motors’ New Forever range, which also became the recipient of the 4-star adult safety rating, awarded by the Global NCAP, adding another feather to its cap. Equippe...Read More

Mumbai:The award-winning Jio Cricket Play Along (JCPA) has begun with the cricket season. This time, JCPA brings a new engaging and experience to the Jio users. The Jio users can put their cricket skills to use by ‘playing with every ball’ and get rewarded with exciting prizes with each correct answer! Additionally, participate in pre-match questions, polls, quizzes and cheer for your favourite team with ‘Sticker Chat’ throughout the game and access scores, match schedules, results a...Read More