• Rajkot Police Crime Branch nab 5 persons including a woman for black marketing of Remdesivir injections; Rs. 4800 injection was being sold for Rs. 10,000

Category Articles: Business

‘Have just 1 car, sold jewellery to pay legal fees’: Anil Ambani

September 26, 2020
‘Have just 1 car, sold jewellery to pay legal fees’: Anil Ambani

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 to invest Rs 1,000 crore to boost capacity at Gujarat plant, mulling another manufacturing plant

September 25, 2020
MG Motor India to invest Rs 1,000 crore to boost capacity at Gujarat plant, mulling another manufacturing plant

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

Jio adds 17k fiber connections in first month of unlock in Gujarat

September 25, 2020
Jio adds 17k fiber connections in first month of unlock in Gujarat

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

Jio starts offering mobile services on 22 international flights

September 24, 2020
Jio starts offering mobile services on 22 international flights

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

Amazon India to set up third fulfilment centre in Gujarat at Ahmedabad

September 24, 2020
Amazon India to set up third fulfilment centre in Gujarat at Ahmedabad

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

MoU signed for Rs. 1250 crore industrial plants in Kutch

September 23, 2020
MoU signed for Rs. 1250 crore industrial plants in Kutch

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

KKR to invest Rs. 5500 crore in Reliance Retail Ventures

September 23, 2020
KKR to invest Rs. 5500 crore in Reliance Retail Ventures

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

JIO announces JioPostPaid Plus

September 22, 2020

Mumbai: Reliance Jio today introduced JioPostpaid Plus, with benefits for postpaid users.  JioPostpaid Plus will be available starting 24th September in Jio Stores and through home delivery. Commenting on this development, Mr. Akash Ambani, Director, Jio, said “There can’t be a more opportune time to introduce JioPostpaid Plus. After having earned the trust of close to 400 million satisfied customers in the prepaid smartphone category, we want to extend our customer obsession to the p...Read More

Tata Motors drives out the 3,00,000th Tiago from its Sanand plant

September 22, 2020
Tata Motors drives out the 3,00,000th Tiago from its Sanand plant

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

Jio Cricket Play Along begins with cricket season

September 21, 2020
Jio Cricket Play Along begins with cricket season

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