Business

Sterling Accuris Diagnostics Partners With VPL Diagnostic To Expand Network

November 3, 2023 14:46

Sterling Accuris Diagnostics, one of the fastest-growing network of NABL-accredited pathology labs, has entered into a strategic alliance with VPL Diagnostic, a prominent provider of specialty allergy testing services in Ahmedabad. This alliance further solidifies Sterling Accuris’ strong presence in the diagnostics industry. VPL Diagnostic is a specialised ImmunoCAP & ELISA allergy testing laboratory. With […]

AJIO Forays Into D2C Interactive Commerce With AJIOGRAM; To Empower 100 Fashion Startups

November 3, 2023 14:06

India’s premier fashion e-tailer AJIO has launched AJIOGRAM, a D2C-focused content-driven interactive e-commerce platform aimed to empower Indian fashion startups challenging the norms with their vision and innovative products. AJIOGRAM, which can be easily accessed by switching stores within the AJIO app, aims to onboard 200 exclusive homegrown D2C brands to offer customers a wide […]

GIFT IFSC Eyes Diversification, To Add More Sectors

November 3, 2023 13:01

The International Financial Services Centre at Gujarat International Fin-Tec City (GIFT IFSC) in Gandhinagar has emerged as a flagship investment destination for finance companies. In the last three years, the facility has attracted scores of companies in diverse sectors. The authorities are now planning to include more sectors to give GIFT further boost. According to […]

Exploring The World Of Online Trading Platforms

November 2, 2023 15:23

Traders require a real level of convenience and information when trading and so modern online platforms have proved a huge benefit to both experienced and novice operators. Online trading platforms offer people access to a huge range of different financial instruments including stocks, bonds and currencies and, thanks to new technologies and innovations, financial markets […]

Adani Power Shares Surge 3% As GQG Partners Acquires 8.1% Stake

Adani Energy Solutions Commissions Green Transmission Project in Tamil Nadu

October 28, 2023 19:37

Adani Energy Solutions Limited (AESL) announced on Friday the successful commissioning of a new green evacuation transmission project in Tamil Nadu, marking a significant development for the national transmission infrastructure needed for wind energy evacuation in the Karur-Tiruppur region of Tamil Nadu. This project involves the establishment of a 400/230 kV, 1,000 MVA Karur Pooling […]

MAHLE and G20 Nations Spearhead Sustainable Transport Solutions through Biofuels

October 28, 2023 14:23

Leaders from key G20 nations, including Brazil, the United States, India, and various European countries, have come together to establish the Global Biofuels Alliance. The primary objective of this newly formed alliance is to streamline the process of reducing carbon emissions in the transportation sector. The initiative seeks to boost the incorporation of biofuels into […]

Dream11 Story: From Rejections To Building A Rs 64 Cr Business Empire

October 27, 2023 19:46

Even one rejection may leave us cracked and crumbling, so imagine the plight of this man whose idea was shot down many times over. He would leave the chambers of venture capitalists with rejection slips pinned on his chest but that didn’t break his resolve. Today, this man from Mumbai, Harsh Jain, is a proud […]

Becharaji Development Authority To Boost Trade, Tourism In Region

October 23, 2023 13:28

The Gujarat government has announced the establishment of Becharaji Area Development Authority (BADA) to boost economic and religious potential of the Bahucharaji region in North Gujarat, renowned as a Shaktipith pilgrimage site. Apart from the ancient Bahuchar Mata shrine, the Shankhalpur Tirth, Vallabh Bhatt’s Vav, the Mandal-Becharaji Special Investment Region (SIR) is also in the […]

Torrent Ready With $5 Bn Funding To Buy 33% Stake In Cipla

October 21, 2023 15:15

Torrent Pharmaceuticals has reportedly lined up funds to the tune of $5 billion for buying a stake in Mumbai-listed drugmaker Cipla. Torrent has secured commitments from a group of overseas banks for a potential deal. The company has been looking to buy the whole or part of the 33% stake in Cipla that’s held by […]

IIMA Boost To Entrepreneurship In Art And Craft

October 21, 2023 14:35

At least 30 artisans and entrepreneurs passed out in the 2023 batch of Creative and Cultural Business Programme (CCBP) at IIM Ahmedabad (IIMA). The batch recently got their certificates and organised an exhibition of their products as the culmination of the course. 26-year-old Rajesh Khokhar from Anjar in Gujarat’s Kutch was among the passouts. He […]

Gujarat Gets Centre’s Push In Inviting Tesla To State

October 21, 2023 13:30

The Gujarat government is trying hard to bring e-vehicle giant Tesla to India ahead of the Vibrant Gujarat Global Summit (VGGS) 2024. After seeking the Centre’s help, the latter is reportedly in serious talks with the Elon Musk run company to bring it to Sanand-Bechraji region or Dholera. It is likely that Tesla will join […]

Adani's $1.1 Bn Gujarat Copper Project To Become Operational From March 2024

Adani Group Seals $3.5 bn Loan Refinancing Deal

October 21, 2023 11:53

Billionaire Gautam Adani-controlled Adani Group has completed a $3.5 billion funding package to refinance loans taken for last year’s acquisition of ACC Ltd and Ambuja Cement. At least 18 global banks have agreed to join the consortium led by Barclays, Deutsche Bank and Standard Chartered among others, for refinancing the debt that helped fund the […]

Nokia’s Response To Drop In Sales: Cut 14,000 Jobs

October 19, 2023 20:27

The phrase ‘India growth story’ doesn’t quite sit well with the alarming rates of job cuts in recent times. This month, a national daily revealed that 23 techies, on average, lose their jobs every hour. Recent data from a tech-focussed hiring firm TopHire indicated that approximately 100,000 employees have been given the pink slip in […]

Birla Group’s Orient Cement Shares Surge Following Reports Of Stake Sale To Adani

October 18, 2023 18:29

Shares of Orient Cement climbed 8 per cent on Wednesday amid a media report suggesting promoter CK Birla has approached Gautam Adani to sell his stake in the listed cement company. It suggested that the industrialist had rejected initial offers from peers for failing to meet his valuation demand. As per the report, the senior […]

Bank Of Baroda Scam: How A Mobile App Has Hurt Its Credibility

October 17, 2023 19:13

The second-largest government-owned lender, Bank of Baroda (BoB), has allegedly been involved in unauthorised linking of mobile numbers to bank accounts of customers to show higher registrations on its mobile banking application. It was two years ago in November that the bank announced a new app with the jargon, “Save, Invest, Borrow, and Shop.” They […]

IT Industry Downturn Sees Major Companies Going For Mass Layoffs

October 13, 2023 16:49

With the golden run of the Indian IT industry long been over, layoffs have become the new normal. India’s top three IT companies have seen more than 25,000 net employee exits in the six months to September, driven by cost-saving measures, unfilled job openings, and hiring curbs. Companies and recruiters expect the labour market to […]

Sri Lankan Dairy Sector To Be Boosted By Indian Firms

October 11, 2023 16:27

The beleaguered dairy sector of Sri Lanka has got a shot in the arm with Indian firms drawing up the revival path for the country, which imports 60% of its milk and milk products requirement. It is to be noted that the island nation is facing its worst-ever economic crisis and much of its industrial […]

IOC And Reliance Foundation Collabs To Promote Olympic Values In India

October 9, 2023 20:54

The International Olympic Committee (IOC) and the Olympic Museum have joined hands with the Reliance Foundation to build on the success of the Olympic Values Education Programme (OVEP) and foster the promotion of Olympic values through sports among the youth. The partnership was formalized during a visit to the Reliance Foundation Young Champs (RFYC) football […]

Reliance Naval Resolution: NCLT Asks Swan Energy to Pay Up

October 9, 2023 14:26

The Ahmedabad bench of the National Company Law Tribunal (NCLT) has directed Swan Energy to make a payment of Rs 250 crore as part of the resolution plan for the bankrupt Reliance Naval and Engineering Limited (RNEL). Led by Nikhil Merchant, who is managing director of the company, Swan Energy had bid successfully for RNEL […]

How Companies Can Manage The Unpredictable Employee-Customer Encounter

October 6, 2023 15:29

Developed in the manufacturing industry, six-sigma is a set of management techniques intended to reduce the probability of errors or defects. Service companies too have been trying to use the concept of six-sigma to standardise their processes. Call centres, for example, have been trying to script the interaction between their employees and customers down to […]

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