Category Articles: Business

ADNOC and RIL sign agreement to explore development of Ethylene Dichloride facility in Ruwais

December 10, 2019
ADNOC and RIL sign agreement to explore development of Ethylene Dichloride facility in Ruwais

Abu Dhabi, UAE: The Abu Dhabi National Oil Company (ADNOC) signed, today, a Framework Agreement with Reliance Industries Limited (RIL) to explore development of an Ethylene Dichloride facility in Ruwais. The signing of the agreement was witnessed by His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, and Mr. Mukesh D. Ambani, RIL Chairman and Managing Director. The agreement was signed by Mr. Abdulaziz Alhajri, Executive Director of ADNOC’s Downstream Direct...Read More

Bank of America opens its Global Business Service Center in GIFT City Gujarat

December 06, 2019

Gandhinagar: Bank of America has opened its fifth Global Business Services Center in India at GIFT-IFSC in GIFT city Gujarat after Hyderabad, Mumbai, Gurgaon and Chennai. Bank of America had started its operations in India for the first time in year 2004. With this BoA has become the first foreign bank to set up operations in GIFT city. Bank of America opens its fifth Global Business Services Center in India at GIFT-IFSC in GIFT city Gujarat. With this BoA becomes the first foreign bank to se...Read More

Gujarat achieves one glory with garnering 51% share of total IEM made in India

December 06, 2019
Gujarat achieves one glory with garnering 51% share of total IEM made in India

Gandhinagar: Gujarat has added one more feather to its industrial growth story by achieving the highest 51.23 % letter of intent Industrial Entrepreneurs Memorandum (IEM) for industrial investments made in the country, the state government said in a note. 'Of the total IEMs investment worth Rs. 427494-crore filed upto October, 2019 in the country, Gujarat alone has garnered IEMs investment worth of Rs. 218,611—crore for setting up the industries here. In other words, Gujarat has garnered...Read More

Industry Minister of Bihar participates in Investors Road show in Gujarat

December 06, 2019
Industry Minister of Bihar participates in Investors Road show in Gujarat

Ahmedabad:Bihar Industry Minister Shyam Rajak today said that due to development in Bihar with factors like better availability of electricity, roads with last mile connectivity and improved law and order situation, the labourers migration from the eastern state has drastically reduced. Rajak, who was on a trip to Gujarat to invite investors with a road show named Investors Road Show Bihar, also said that the investors from Gujarat have shown interest in sectors like food processing, r...Read More

Gujarat govt plans 60,000 hectare biggest hybrid park to generate 30,000 MW renewable energy

December 05, 2019
Gujarat govt plans 60,000 hectare biggest hybrid park to generate 30,000 MW renewable energy

Ahmedabad: Energy consumption in industrial sector in Gujarat has not decreased, but instead it has been higher compared to previous year which shows that economic activities in Gujarat are regular. Energy consumption was lower last month due to Diwali and rains. Consumption of electricity is important barometer to indicate economic activities. State energy minister Saurabh Patel said today while addressing The Federation of Indian Chambers of Commerce and Industry (FICCI) function today here...Read More

Jio raises mobile tariffs by up to 39%; keeps rates lower than rivals

December 05, 2019
Jio raises mobile tariffs by up to 39%; keeps rates lower than rivals

New Delhi:Reliance Jio on Wednesday announced new plans for mobile calls and internet services from December 6 that will cost customers up to 39 per cent more. According to the back of the envelop calculation, the new plans are cheaper by up to 25 per cent compared to the revised call and data rates rolled out by its competitors Bharti Airtel and Vodafone Idea from December 3. "Further to its last statement dated 1st December 2019, Jio...announced the new 'All-in-One plans'. These plans will p...Read More

Jio announces “new all-in-one plans” to be effective from December 6

December 04, 2019

Mumbai, 4th December 2019: Further to its last statement dated 1st December 2019, Jio, the world’s largest mobile data operator, today announced the “NEW ALL-IN-ONE PLANS”. These plans will provide up to 300% more benefits to the Jio consumers, upholding the Jio promise of providing the best-quality service at the lowest price globally. These plans will go-live on 6th December 2019 and can be opted from all existing touchpoints. JioPrime benefits: 1. JioTV - 600+ TV channe...Read More

Sterlite Power completes acquisition of Lakadia – Vadodara Transmission Project

December 03, 2019
Sterlite Power completes acquisition of Lakadia – Vadodara Transmission Project

Vadodara: Sterlite Power today announced the acquisition of its inter-state GEC transmission project, Lakadia-Vadodara Transmission Project Limited (LVTPL), from PFC Consulting Limited. The company had won this project (WRSS 21 – Part B) through tariff-based competitive bidding process and would execute it under the Build, Own, Operate and Maintain (BOOM) model for 35 years in the state of Gujarat. The project is aligned to enable the country’s renewable energy target of installing 175 GW...Read More

Tariff hike for Vodafone Idea and Airtel customers from December 3, for Jio customers from December 6

December 01, 2019
Tariff hike for Vodafone Idea and Airtel customers from December 3, for Jio customers from December 6

New Delhi:In a first mobile tariff hike in past four years, telecom operator Vodafone Idea on Sunday announced new plans under which call and data charges will be dearer for its pre-paid customers by up to 50 per cent from December 3. Besides this, Vodafone Idea will also charge 6 paise per minute for every outgoing call made by customers on to the network of other operators. "Vodafone Idea Limited (VIL), India's leading telecom service provider, today announced new tariffs/plans for its p...Read More

Uzbekistan and Gujarat sign 12 MoUs

November 30, 2019
Uzbekistan and Gujarat sign 12 MoUs

Gandhinagar: Uzbekistan and Gujarat signed 12 Memorandums of Understanding (MoUs) during 12 Business2Business and Business2Government meetings, including six in food and agriculture, three in education, one in energy, construction and IT. The high-level delegation from Uzbekistan, including Mr. Adkham Ikramov of Uzbekistan Chamber of Commerce and Mr. Ibrokhim Abdurahmanov, Minister of Innovative Development, arrived Gujarat on November 29, 2019. Gujarat Chief Minister Vijay Rupani attribut...Read More

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