Light
Dark
India signed its biggest ever USD 78 billion deal to extend LNG imports from Qatar by another 20 years till 2048 at lower than current rates. This will help the country save an estimated USD 6 billion over the life of the contract. Petronet LNG Ltd, India’s biggest liquefied natural gas (LNG) importer, in a […]
The startup landscape in Gujarat has seen a remarkable surge, with the number of startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) increasing from 565 in 2019 to 3291 in 2023. This growth has led to a significant increase in direct employment opportunities, with the number of jobs created by […]
Back in 1997, when Arvind Mills was first moving into branded apparel in a big way, we asked chairman Sanjay Lalbhai if there was any real difference between Flying Machine jeans and more expensive brands like Lee. Is the quality of the denim different? Are the zippers different? His insightful answer: “The difference is not […]
Reliance Jio, the telecommunications giant, has been recognized as India’s strongest brand in the ‘Global 500 – 2024’ report published by Brand Finance. This recognition places Jio ahead of established Indian brands such as LIC and SBI. Notably, Jio had also topped the list of India’s strong brands in Brand Finance’s 2023 rankings. Ranked 17th […]
Story covered by Jigar Saraswat The transport company has established itself as one of the most trusted and best transportation company in Gujarat and Mumbai with its vast network coupled with timely deliveries. Best transport company in Gujarat Headquartered in Mumbai, Maharashtra, Bhavna Roadways started operations in 1991 with a vision to provide reliable and […]
The stock market saw a big decline today, i.e. on January 17. The Sensex closed at 71,500 after falling 1628 points. At the same time, the Nifty also broke 460 points. It closed at 21,571. In today’s trading, auto and banking shares fell the most. After the quarterly results, HDFC Bank shares fell more than […]
Manchester-based strategic growth and investment firm, York IE, has announced its expansion in Ahmedabad, marking a significant milestone in its global growth strategy. The newly established Ahmedabad office will serve as York IE’s global capability centre for Product Strategy and Development services. It will house a team of skilled professionals dedicated to bringing successful products […]
In a significant development within the technology sector, Synopsys (SNPS) has unveiled plans to acquire ANSYS (ANSS) in a deal valued at approximately $35 billion. The announcement has already impacted ANSYS shares, which fell in premarket trading following the news. Under the terms of the agreement, ANSYS shareholders will receive $197 in cash and 0.3450 […]
Coca-Cola India and Reliance Retail, India’s largest retailer, have announced the launch of a new sustainability initiative, “Bhool Na Jana, Plastic Bottle Lautana”. The initiative is focused on the collection of post-consumer PET bottles at Reliance Retail stores in Mumbai through Reverse Vending Machines (RVMs) and collection bins. The pilot project, which aligns with the […]
The global economy will not gain robustness this year, predicted 56% of chief economists, according to the latest World Economic Forum (WEF) report. Seven out of 10 experts predict a rise in geoeconomic fragmentation worldwide in the face of conflicts and crises, with 87% claiming that geopolitics would heighten economic volatility. The Chief Economists Outlook […]
Tata Consumer Products Ltd has unveiled two major acquisitions as part of its strategy to enhance its product range. The company has entered into definitive agreements to purchase 100% equity shares of Mumbai-based Capital Foods, the owner of popular brands ‘Ching’s Secret’ and ‘Smith & Jones’, for a total consideration of Rs 5,100 crore. Additionally, […]
Torrent Group Chairman Emeritus Sudhir Mehta announced the company’s plans to invest over Rs 47,350 crores in Gujarat during the closing ceremony of the 10th edition of the Vibrant Gujarat Global Summit held at the Mahatma Mandir in Gandhinagar. Mehta expressed his gratitude towards the visionary leadership of Prime Minister Narendra Modi and the dynamic […]
After a bumpy 2023, Europe’s economy is gearing up for a transitional year, leaving behind anxieties about high inflation and rising interest rates. While major stock indexes kicked off 2024 with uncertainty, economists remain cautiously optimistic for a brighter year ahead. Here’s a snapshot of the key reasons for cautious optimism: Fading Headwinds: The fearsome […]
Acknowledging the support of Prime Minister Narendra Modi for the automotive industry, Maruti Suzuki has declared that the firm will pump in Rs 35,000 crore to establish its second manufacturing facility in Gujarat. This expansion should scale the company’s annual production capacity in Gujarat to 20 lakh units, with 10 lakh units at Suzuki Motor […]
Layoff In 2024: After Amazon, the next name in the list of companies preparing for layoffs is Flipkart, which is owned by Walmart. The giant company has also prepared a plan to cut its workforce. According to reports, Flipkart is reviewing the performance of its employees and this process could be completed by March-April 2024. […]
The inaugural session of the Vibrant Gujarat Summit is an all-star event, with top industrialists and luminaries from all over the world in attendance. The 10th summit of the series, which was inaugurated at the Mahatma Mandir in Gandhinagar on Wednesday, was no exception. VO! brings you quotes from the lead speakers: Narendra Modi, Prime […]
Tata Sons chairman N Chandrasekaran announced that the company is close to finalising a deal for a semiconductor fabrication unit in Gujarat’s Dholera. The unit is expected to be commissioned by 2024. Tata Sons chairman N Chandrasekaran said that the company is on the verge of giving final shape to the semiconductor fabrication unit in […]
Adani Group to invest USD 25 billion in Gujarat, announces world’s largest green energy park. Gautam Adani, the chairman of the Adani Group, announced a massive investment of over Rs. 2 lakh crore (USD 25 billion) in Gujarat over the next five years, creating more than 100,000 jobs in various sectors. He also unveiled his […]
Reliance Industries Chairman Mukesh Ambani reaffirmed his bond with Gujarat and his company’s contribution to the state’s development at the Vibrant Gujarat Summit 2024 on Wednesday. He also made five pledges for the future, including investing in green energy, 5G, retail, carbon fibre and sports infrastructure. Ambani, who has attended every edition of the summit […]
Steel Strips Wheels Ltd (SSWL), a leading manufacturer of automotive wheels, has announced that it will acquire AMW Autocomponent Ltd (AACL), a company that was undergoing insolvency proceedings, for Rs 138 crore. The acquisition is part of a resolution plan approved by the National Company Law Tribunal (NCLT) Ahmedabad. According to a regulatory filing by […]
