Light
Dark
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 […]
After $44 billion (Rs3,24,432 crore) worth of fundraising by diluting stake in new-age businesses, India’s largest and most valued company Reliance Industries Limited (RIL) on Thursday declared a new $10 billion (Rs75,000) crore investment plan in the field of green energy. For Gujarat, it is going to be another proud moment as the entire investment […]
I am a housewife and I have a SIP of Rs 8000 per month in an equity mutual fund for the last seven years. I now want to sell units worth Rs 40,000 for kid’s school fees. Should I sell my MF units now? What will be my tax liability be? Should I go for a personal loan instead of […]
