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Though Gujarat and its booming pharma companies made a kill, literally in the Covid times with manufacturing and selling of several medicines and injections including Remdesivir, Fabiflu, Virafin and others, they have lost the top slot. For the first time ever, Gujarat based digital companies have overtaken the pharma sector when it comes to paying […]
Bolstered by a supportive Union Ministry of Ayush, the ayurvedic pharmaceutical sector in the country finds itself in the pink of health, catering to the needs thrown up by the pandemic. Its wide range of immunity boosters and formulations that battle cough, fever, diarrhoea and other such symptoms of COVID-19 have taken the centre-stage this past year, giving the manufacturers an unprecedented […]
Skoda is an SUV brand known for its design, aesthetics and high-performance engine. Today Ahmedabad based Stellar Skoda launched the company’s latest offering, the Skoda Kushaq. Speaking to Vibes of India (VoI), Abhimanyu said Stellar Skoda had the credit of doing 9 percent of all India sales for the Company through their seven outlets spread […]
In a the new initiative, Gujarat International Finance Tec-City (GIFT City) has signed a memorandum of understanding (MoU) for the acceleration of Fintech innovation and exploring the possibility of developing a Fintech Hub within the country, the first smart city and international finance centre, an official statement said. The MoU was signed between Gift city […]
Aiming to boost economic activity and to support the sectors that are severely hit because of the pandemic in the country, finance minister Nirmala Sitharaman on Monday had unveiled a mega package. Business and industry leaders have welcomed the package pegged at Rs6,28,993 crore. Welcoming the package, the trade and industry captain from Gujarat have […]
State government dues to private coal-based private power generation companies (or independent power players – IPP) are expected to be at four-year low, leading industry analysis and credit rating firm the Crisil said in its study. “Liquidation of receivables from state power distribution companies (discoms) following the central government’s Aatmanirbhar stimulus and better payment cycles […]
A local member of the legislative assembly (MLA) from Becharaji, the home of the manufacturing facility of Suzuki, has shot a letter to company management demanding 85 percent reservation for locals. The local leader has threatened that ifdemands are not meet, agitation will be launched against the car major. Bharat Thakor, the Congress MLA from […]
After announcing Rs 75,000 crore mega investment plans in the green energy business last week, Reliance Industries Limited on Tuesday announced an agreement to join a key chemicals business at Ta’ziz in Ruwais. The joint venture between two global energy players will produce Chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC). The ADNDC is investing UAE […]
In the current scenario, Indian equity markets are giving equal opportunity to risk-takers and risk-averse. On one hand, when new investors are queuing up for new account openings for stock trading, some of the investors are liquidating their holdings. Experts believe investors liquidated their portfolio as fear gripped the market when Covid-19 cases started rising. […]
The bigger, wider, and scarier second Covid wave has devastated families in Gujarat. On one hand, it was hard to find health facilities on the other hand little intervention resulted in an increased financial burden on the people. Vibes of India has tried to capture the monetary burden on the people of Gujarat. The calculation […]
Australian coal project of Adani Group, stuck due to environmental, funding and local protests for over a decade has struck first coal, the company officially announced on Friday. The announcement coincided with birthday of promoter and chairman Gautam Adani, India’s second richest. The CEO of Adani’s Australian company, Bravus Mining and Resources, David Boshoff, said […]
