Category: Corporate

The Prime Minister, Shri Narendra Modi inaugurated the Global Patidar Business Summit (GPBS), being organized by Sardardham, today via video conferencing. The Chief Minister of Gujarat, Shri Bhupendrabhai Patel and Union Ministers and industrial leaders were among those present on the occasion. Speaking on the occasion, the Prime Minister noted the status of city of Surat as one of the fastest growing cities of the world. Recalling Sardar Patel’s words, the Prime Minister said Today India has so much. “We just have to strengthen our self-confidence, our spirit of Aatmnirbharta.…

The Pharma Tech Expo 2022 has kicked off in Chandigarh at the Parade Ground in Sector-17, with over 200 companies participating this year. The expo will conclude on April 30. The Pharma Tech Expo 2022 began at Chandigarh’s Parade Ground in Sector-17 on Thursday. Around 200 companies will be participating in the expo, which will conclude on April 30. This year, at the Pharma Tech Expo Chandigarh, several companies will showcase their goods and products. As many as 40 companies are from Haryana at the 12th edition of PharmaTech Expo…

Sisodia reviewed the scheme for redevelopment of non-conforming areas that focuses on utilising the dysfunctional land parcels in existing industrial areas and engaging them in alternative economic use to boost economic activity within the conforming industrial areas. Deputy chief minister Manish Sisodia on Wednesday said the government will build a new factory complex at Jhandewalan to attract industries as part of its annual budget 2022-23. Sisodia held a meeting with officials of the Delhi State Industrial and Infrastructure Development Corporation Limited (DSIIDC) on Wednesday to review five projects announced in…

Reliance on Saturday called off Rs 24,713-crore deal with Kishore Biyani-led Future Group to acquire its retail, wholesale, logistics and warehousing assets as secured creditors of the latter voted against it. Almost 21 months after signing an agreement for a Rs 24,713-crore deal with Kishore Biyani-led Future Group to acquire its retail, wholesale, logistics and warehousing assets, Reliance Industries Ltd on Saturday said the transaction cannot go ahead as secured creditors of the latter have voted against it. In a regulatory filing, Reliance said Future Group companies comprising Future Retail…

Adani is also the highest bidder for the Tajpur deep sea port but the state is yet to announce Adani Port as the L1 bidder. The Adani Group on Wednesday committed to invest ₹10,000 crore in West Bengal over the next decade, group chief Gautam Adani announced on Wednesday. At the inaugural session of Bengal Global Business Summit 2022 (BGBS) here, Adani said the group’s investments will span world-class port infrastructure, state of art data centres and undersea cables that will connect them across the oceans, centres of excellence in digital…

Yamaha India has launched the MT-15 V2.0 and the World GP 60th Anniversary Edition YZF R15M at Rs 1,59,900 and Rs 1,88,300 (both ex-showroom) respectively.   Japanese manufacturer Yamaha has launched the Yamaha MT-15 V 2.0 at Rs 1,59,900 (ex-showroom) in the Indian market. The 2022 Yamaha MT-15 comes equipped with a set of 37 mm USD front forks with a golden finish that looks extremely premium. New aluminium swingarms have replaced the old box-section swingarms, but the delta-box frame remains in place. In addition to maintaining the streetfighter-like styling…

All India Trinamool Congress Rajya Sabha MP Sushmita Dev, a bench of Justices UU Lalit, S Ravindra Bhat, and PS Narasimha issued notice to the Union Government, the Registrar General of India, the Unique Identification Authority of India (UIDAI), and the State of Assam. New Delhi: On Monday, the Supreme Court issued notice in a Public Interest Litigation petition asking directions to issue Aadhaar cards to approximately 27 lakh people who were added to the Assam National Register of Citizens’ supplementary list released in August 2019. In the case filed…

With the domestic equity market surging over 2 per cent, primarily on the proposed merger between HDFC and HDFC Bank, investors struck gold and turned rich by more than Rs 4.5 lakh crore on Monday. After the announcement of merger between HDFC and HDFC Bank, the 30-share key index Sensex surged 1,335 points, a whopping 2.25 per cent, to reclaim the 60,000-level, boosted by intense buying in banking and financial stocks. The market capitalisation of BSE-listed companies, also an indicator of notional wealth of investors, surged to Rs 2,72,46,213.62 crore.…

Potential buyers are avoiding under-construction projects, and the ready-to-move properties are slowly going out of reach of many. The under-construction projects are affordable. But the trust deficit, deepened by the Twin Towers’ demolition orders, is taking a toll on the entire sector. The demolition orders of Supertech’s Twin Towers in Noida sent shockwaves in the realty sector with potential buyers going on the back-foot, putting several under-construction projects in limbo. Potential buyers are avoiding under-construction projects, and the ready-to-move properties are slowly going out of reach of many. The under-construction…

Jindal Steel and Power Limited (JSPL) is said to be building the world’s largest and greenest steel plant in Odisha after the company has bagged the Utkal B1 & B2 coal block in Odisha’s Angul-Talcher coal belt. JSPL Chairman Naveen Jindal said the company will make the world’s largest single-location steel manufacturing complex in Angul by 2030. The Angul-Talcher coal belt has about 347 million tons of geological reserves. The new belt together with the coal reserve of Utkal C will provide JSP with sufficient reserves of coal to enhance…