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Kotak Mahindra Bank on Thursday signed a Memorandum of Understanding (MoU) with a wholly-owned subsidiary company of GIFT City, GIFT SEZ Ltd. According to the MoU, the area of focus will be to ease market access and cross-border activities for the fund management community. Both will jointly work on promoting the GIFT IFSC jurisdiction for […]
The demand for medicines, masks, sanitisers, and home testing COVID kits has increased manifold in Gujarat which is reporting ten thousand plus corona cases for the past few days. Team VOI talked to top medical stores of Ahmedabad to compare the demand for such products in the third wave of the pandemic with that in […]
Reliance Industries Limited signed a Memorandum of Understanding (MoU) on Thursday with the Government of Gujarat for a total investment of Rs 5.955 lakh crore. It was a part of Investment Promotion Activity for Vibrant Gujarat Summit 2022. These projects will create 10 lakh direct or indirect employment opportunities in the State. Reliance will develop […]
Parul University is already under the radar for beating up students who were demanding Covid safety and now it has drawn more attention and criticism because the University has rusticated seven students who demanded online classes instead of being physically present on the campus. Parul University has also suspended 40 students for the same. Students […]
Ambassador of Cuba in India Aljendro Simancas Marin visited Gujarat’s biggest Industrial body-Gujarat Chamber of Commerce and Industry. On the 62nd anniversary of India-Cuba relationship, he highlighted opportunities and great potential both countries have in terms of trade. He presented Cuba as a preferable investment destination for Indian MSMEs and Education industries in India. Hemant […]
The 14 year old contentious PPA issue of Gujarat Urja Vikas Nigam Limited(GUVNL), the Gujarat government’s power supplier and Adani Power has finally been resolved with Adani Power agreeing to relinquish its rights to Rs 11,000 crores which the GUVNL was supposed to pay them. The matter had reached the Supreme Court. Sources have confirmed […]
Gujarat based industrialist and billionaire Gautam Adani who is determined to be the infrastructure man of Asia and the world’s largest green energy producer has now decided to set up a new company for new age products. It is with this reason that his logistics-to-energy conglomerate has set up a new subsidiary, ANIL to undertake green hydrogen […]
Farmers of Gujarat’s Aravalli district find themselves in a tough spot for two consecutive days as their requirements for chemical fertilisers remain unmet. Reportedly, for two days in a row, farmers at Rellawada in Aravalli’s Medhraj have been facing severe problems regarding chemical fertilisers as they have been getting only one bag of manure against […]
Over rising concerns for the supply in domestic power plants, Indonesia – the world’s largest exporter of coal has banned the export of coal which is adversely affecting industries using coal. According to reports around 40,000 tons of coal is being supplied every day to various industries spread across South Gujarat. The coal prices in […]
From January 1, a uniform goods and services tax of 12% will be imposed on man-made fibre and readymade garments even as the textile industry is worried that it will increase prices, hurt demand and cause job losses. In this light, the Confederation of All India Traders (CAIT) has declared a one day strike. In […]
Gujarat has taken the third highest borrowing under the Emergency Credit Line Guarantee Scheme (ECLGS) after Tamil Nadu and Maharashtra – suggests the latest report of the state level bankers’ committee (SLBC). Considering the greater financial requirements to meet working capital needs of micro, small and medium enterprises, Gujarat has borrowed Rs 20,862 crore under […]
As a part of Vibrant Gujarat Global Investors Summit 2021, a pre-summit with a focus on the Textile sector-‘Weaving Growth For Textiles’ will be held on December 29 in Surat. Chief Minister of Gujarat Bhupendra Patel will inaugurate the seminar. A day-long summit will see deliberations on how to provide further impetus to the textiles […]
Rajkot headquartered Rolex Rings Ltd. on Monday signed an MOU with Gujarat Government to develop Textile and Apparel Park, IT Park and Toy Park at Gondal district of the state. Important to note here is that as a part of Vibrant Gujarat Global Summit, the Government is signing many MOUs before the event. The company […]
After the Diwali Silk City of India, Surat is facing a tide of recession. The Market had just recovered after the covid but it seems that recession is returning in the textile market, which has left the textile traders worried. Following the recession Mill owners have decided to give employees 2-3 days off in a […]
WardWizard Innovations and Mobility Ltd signed a Memorandum of Understanding (MOU) with the Gujarat government to invest Rs. 500 crore, this MOU was signed as a part of Vibrant Gujarat Global Summit 2022 The agreement aims to foster the growth of the electric vehicle industry and meet the government’s vision of strengthening green mobility in […]
Omicron has officially entered Gandhinagar today, with a 15-year-old student who recently came from London who has tested positive for the omicron variant of the Corona Virus in Sector-1 of Gandhinagar. The student is currently being treated in a private hospital. Since this case has been registered before the Vibrant Gujarat Global Summit 2022 in […]
Experts from various states of the country participated on the second day of the Thoracic Endoscopy Conference Tescon-2021 being held at Gandhinagar. During this three-day conference, Chief Minister Bhupendra Patel said that the medical world, including pulmonologists, chest physicians and thoracic surgeons, has rendered divine service to the entire human society during the Corona period. […]
Gujarat Chamber of Commerce and Industry’s Business Women Committee headed by Chairperson Kusum Kaull Vyass and IPR Task Force today organized a seminar on basics of patent, trademark, design, and copyright. “This seminar was aimed at simplifying and explaining the nuances of trademarks, designs, patents and copyrights and how it is helpful to women entrepreneurs […]
Adani Group Chairman Gautam Adani – currently the 14th richest person in the world having a net worth of Rs 6 trillion (9 78.9 billion), is all set to venture into a new industry. Gujarat’s Adani Group has been entering different sectors for some time now. The company is now going to produce cement after […]
The NGO, Hazira Kantha Vistar Odhyogik Pradushan Niravaran Samithi (HKVOPNS) alleged that the Hazira plant of the company had not complied with the Environment Clearance (EC) conditions and made no mandatory disposal in line with the environment clearance conditions. It had also expanded the plant without due clearance. The NGO has voiced its concerns in a memorandum to […]
