Category Articles: Business

Jio-bp and Mahindra Group sign MoU for EV and low-carbon solutions

December 08, 2021
Jio-bp and Mahindra Group sign MoU for EV and low-carbon solutions

Mumbai: Reliance BP Mobility Limited (RBML), operating under the brand name Jio-bp and The Mahindra Group, today announced a non-binding MoU for exploring creation of EV products and services, alongside identifying synergies in low-carbon and conventional fuels. The MoU also covers evaluating charging solutions by Jio-bp for Mahindra vehicles including electric 3 and 4 wheelers, quadricycles and e-SCV (Small Commercial Vehicles – sub 4 ton). This would include captive fleets and last-mile mobi...Read More

Connectivity for the next Decade: Mukesh Ambani shares five ideas at India Mobile Congress 2021

December 08, 2021
Connectivity for the next Decade: Mukesh Ambani shares five ideas at India Mobile Congress 2021

New Delhi: Following is the full text of Reliance Industries Limited (RIL) Chairman and Managing Director Shri Mukesh Dhirubhai Ambani's address at the inauguration of India Mobile Congress 2021 today in which he shared five ideas on the theme of Mobile Congress this year which is Connectivity for the next decade: Shri Ashwini Vaishnaw ji, Shri Rajeev Chandrashekhar ji, Shri Devusinh Chauhan ji, Shri K Rajaraman ji, Dr S P Kochhar, My good friends from the industry – Shri...Read More

Income Tax survey and search at SAL group premises in Gujarat

December 08, 2021
Income Tax survey and search at SAL group premises in Gujarat

Ahmedabad: The Income Tax department has carried out searches and survey at the premises of Shah Alloys Group (SAL) including Chairman Rajendra Shah's residence. The group is active in the sectors of Steel, Healthcare and Education. IT raids commenced early in the morning today. IT sleuths involved in survey and search are from outside Gujarat. More details are awaited. DeshGujaratRead More

TA’ZIZ and Reliance Launch Strategic Joint Venture for $2 Billion Chemicals Projects in Ruwais

December 07, 2021
TA’ZIZ and Reliance Launch Strategic Joint Venture for $2 Billion Chemicals Projects in Ruwais

Mumbai: Abu Dhabi Chemicals Derivatives Company RSC Ltd (“TA’ZIZ”) and Reliance Industries Limited (RIL), have agreed to launch ‘TA’ZIZ EDC & PVC’, a world-scale chemical production partnership at the TA’ZIZ Industrial Chemicals Zone in Ruwais. The new joint-venture will construct and operate a Chlor-Alkali, Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC) production facility, with an investment of more than $2 billion. Representing the first production of these chemicals in...Read More

12 more MoU inked for Rs. 14,000 crore investment in Gujarat

December 06, 2021
12 more MoU inked for Rs. 14,000 crore investment in Gujarat

Gandhinagar:  12 Memorandums of Understanding (MoUs) were inked by industries with Gujarat government for proposed investments today in the presence of Gujarat CM Bhupendra Patel here. This was the 3rd edition of MoU signing ceremonies that are held every Monday ahead of Vibrant Gujarat Summit 2022, scheduled to take place next month. The 3rd edition of  MoUs signing ceremony today covered the sectors including electric two wheelers, chemical pharma, API, electricity storage solution, organ...Read More

Mandvi in Kutch to get Soda Ash project worth Rs. 3500 crore

December 06, 2021
Mandvi in Kutch to get Soda Ash project worth Rs. 3500 crore

Bhuj: The first project of Soda Ash in Kutch will be set up at Bada beach in Mandvi taluka of Kutch with an estimated investment of Rs 3500 crores by Gujarat Heavy Chemicals Limited (GHCL), an arm of Dalmia group. The project will come up at a location about 4 kms away from Bada village, for which around 500 acres of land acquisition has been completed. The acquisition of a total 85 percent private land and 15 percent government land has ben concluded. The project once completed, will have...Read More

Mukesh Ambani, CMD, Reliance Industries Limited at Q&A session of InFinity Forum

December 03, 2021
Mukesh Ambani, CMD, Reliance Industries Limited at Q&A session of InFinity Forum

 1. The world has come a long way from the age of computerisation and basic connectivity through the Internet. Covid has accelerated digitization of all aspects of business and life. Enterprises have learnt to work remotely and increased their use of tech, and people have learnt to consume everything digitally, even sectors like education, healthcare, and of course financial and work transactions. How do you view the world’s transition towards digitalisation? How is that set to impact th...Read More

GIFT City is not merely a premises, it represents promise of India: PM Modi

December 03, 2021
GIFT City is not merely a premises, it represents promise of India: PM Modi

New Delhi: Prime Minister Shri Narendrabhai Modi during his address at inauguration of InFinity Forum, 2021 today mentioned GIFT City in Gandhinagar, Gujarat and said GIFT City is not merely a premise, it represents the promise of India. The Prime Minister said, 'GIFT City is not merely a premise, It represents the promise of India. It represents India's democratic values, demand, demography & diversity. It represents India's openness to ideas, innovation & investment.' He further sa...Read More

Gujarat replaces Maharashtra as India’s manufacturing hub: Latest RBI data

December 02, 2021
Gujarat replaces Maharashtra as India’s manufacturing hub: Latest RBI data

Gandhinagar: Gujarat has taken the place of Maharashtra as the biggest manufacturing hub in the country as per the recent data released by Reserve Bank of India (RBI). As per the data released by RBI, the Gross Value Addition (GVA) of Gujarat in manufacturing has grown at 15.9 per cent annually on average between FY’12 and FY’20 to touch Rs 5.11 lakh crore. Annual growth rate of Maharashtra during this period was 7.5 per cent, taking the total manufacturing GVA of the state to Rs 4.34 la...Read More

Tata to invest more at Sanand and Mithapur plants; will set up a hotel at Statue of Unity fame Kevadiya

December 02, 2021
Tata to invest more at Sanand and Mithapur plants; will set up a hotel at Statue of Unity fame Kevadiya

Mumbai: Tata Motors is going to invest more at its Sanand plant of car manufacturing in Gujarat in next two years. The Chairman of Tata Sons, Natarajan Chandrasekaran informed Gujarat Chief Minister regarding this during a meeting. During his visit to Mumbai, Gujarat Chief Minister today morning held one-to-one meetings with the captains of industries. The Chief Minister met the Chairman of Tata Sons, Natarajan Chandrasekaran who also informed him about expansion of Tata Chemicals plant at M...Read More

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