Category Articles: Business

SpiceJet to shift its entire operations at Mumbai to Terminal 2 from October 1

August 20, 2019
SpiceJet to shift its entire operations at Mumbai to Terminal 2 from October 1

Gurugram: SpiceJet will shift its entire Mumbai operations to the state-of-the-art Terminal 2 of the city’s Chhatrapati Shivaji Maharaj International Airport with effect from 1st October, 2019. The transition is being implemented with the support of Mumbai International Airport Limited (MIAL). The consolidation of operations (both passenger and cargo) will help SpiceJet efficiently service thousands of passengers travelling on the airline to and from the Chhatrapati Shivaji Maharaj Int...Read More

Jio tops 4G download speed chart; Vodafone in upload in July: TRAI

August 19, 2019
Jio tops 4G download speed chart; Vodafone in upload in July: TRAI

New Delhi: Reliance Jio continues to lead in the average 4G download speed chart published by telecom regulator TRAI for July. Jio achieved 21.0 Mbps average download speed in the month of July, witnessing an improvement from 17.6 Mbps in June. Reliance Jio was the fastest 4G operator in 2018 with highest average download speed in all 12 months. This year again, Jio has topped the list in all 7 months so far. Performance of Bharti Airtel dipped in July to 8.8 Mbps from 9.2 Mbps in June, a...Read More

SOBHA launches Gujarat’s tallest residential building in GIFT City

August 13, 2019
SOBHA launches Gujarat’s tallest residential building in GIFT City

Gandhinagar(Press Release): SOBHA, India’s most admired and trusted real estate brand, has launched SOBHA Dream Heights, the first residential project of Gujarat International Finance Tec-City (GIFT City) - a global Financial and Technology Hub, which is an operational Smart City and International Financial Services Centre (IFSC) offering world class infrastructure. Offering stunning views, this 33-storey building will be the tallest residential project in Gujarat. Each home at SOBHA D...Read More

Construction of world’s largest LPG pipeline connecting Gujarat to UP to start in 8 to 10 months

August 13, 2019
Construction of world’s largest LPG pipeline connecting Gujarat to UP to start in 8 to 10 months

Ahmedabad:The construction work for the world's longest LPG pipeline to connect Kandla port in Gujarat to Gorakhpur in Uttar Pradesh covering a distance of 2757km across three states including Madhya Pradesh would start in 8 to 10 months, a highly placed source in the IndianOil which hold 50% stake in the Rs 10,000 crore joint venture project with two other oil and gas PSUs BPCL and HPCL, today said. 'The first bid meeting for the same had taken place in the last week of the last m...Read More

Mukesh Ambani announces roll out of Jio Giga Fiber from September 5

August 12, 2019
Mukesh Ambani announces roll out of Jio Giga Fiber from September 5

Mumbai: Mukesh Ambani on Monday announced the roll out of Jio Giga Fiber from September 5, that will offer free voice calls for life from landline phones, high speed broadband of minimum speed of 100 mbps, free high definition TV and dish with minimum subscription of Rs 700 per month. RIL Chairman and Managing Director Mukesh Ambani speaking at the 42nd AGM of the company also announced unlimited ISD calling service from Jio landline at fixed monthly rental of Rs 500 to US and Canada. "In...Read More

Aramco to take 20% in Reliance’s Jamnagar refinery, chemical biz at USD 75 bn enterprise value

August 12, 2019
Aramco to take 20% in Reliance’s Jamnagar refinery, chemical biz at USD 75 bn enterprise value

Mumbai: Mukesh Ambani on Monday announced that Saudi oil giant Aramco has agreed to take a 20 per cent stake in his flagship Reliance Industries' oil refinery and chemical business at an enterprise value of USD 75 billion (around Rs 5,32,466 crore). Making the announcement at Reliance Industries' 42th annual general meeting, he said this would be the biggest foreign investment in the history of the company. As part of the deal, Saudi Aramco will supply 500,000 barrels p...Read More

Rupani on Russia visit

August 10, 2019
Rupani on Russia visit

Gandhinagar: Gujarat Chief Minister Vijay Rupani was scheduled to leave for Russia late in the evening on August 10. He will be part of a delegation led by union commerce and industry minister Piyush Goyal. Chief Ministers of Uttar Pradesh, Maharashtra, Haryana and Goa will also be part of this delegation. The delegation will meet Russian Dy PM and Russian far eastern deferal district presidential envoy Yuri Trutnev. Two memorandum of understandng (MoUs) in diamond industry sector will b...Read More

Tata Starbucks to open five stores in Gujarat at Ahmedabad and Surat

August 07, 2019
Tata Starbucks to open five stores in Gujarat at Ahmedabad and Surat

Ahmedabad: Seattle-based coffee chain Starbucks will simultaneously open five stores in the cities of Surat and Ahmedabad in Gujarat. Starbucks has 157 outlets in 10 cities including Mumbai, Delhi NCR, Hyderabad, Chennai and Bengaluru, among others. Starbucks that operates in the market through a 50:50 joint venture with Tata Global Beverages opened its first store in India in October of 2012. Starbucks flagship store at Prahlad Nagar in Ahmedabad will offer customers more vegetarian food...Read More

Ginger opens its first Lean Luxe hotel at Sanand in Gujarat

August 07, 2019
Ginger opens its first Lean Luxe hotel at Sanand in Gujarat

Ahmedabad: GINGER today announced opening of a 104-room Lean Luxe hotel in Sanand. With this hotel, the brand will have a total of nine operating hotels in the state of Gujarat and two more in the pipeline. Located 35 kms from the Sardar Vallabhbhai Patel International Airport in Ahmedabad, GINGER Sanand is based in the Gujarat Industrial Development Corporation area which houses major industries such as Automobile, Pharma and FMCG. The National Highway-17 connects the city to a network of roadw...Read More

Reliance and BP to create major world-class fuels partnership for India’s fast-growing market

August 06, 2019
Reliance and BP to create major world-class fuels partnership for India’s fast-growing market

Mumbai: BP and Reliance Industries Limited (RIL) today announced that they have agreed to form a new joint venture that will include a retail service station network and aviation fuels business across India. Building on Reliance’s existing Indian fuel retailing network and an aviation fuel business, the partners expect the venture to expand rapidly to help meet the country’s fast-growing demand for energy and mobility. This is a further development of RIL and BP’s longstanding partnersh...Read More