Indian Stock Market Daily Updates
Australia’s University of Wollongong (UOW) is coming up in GIFT City, Gujarat. UOW received approval to establish an International Branch Campus (IBC) in GIFT City in May 2023. The campus is expected to be operational by the end of 2023 and will offer a range of undergraduate and postgraduate programs in business, engineering, and computing. … Read more
Yes, I am aware of the news that Gujarat Industries Power (GI Power) has signed a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for 550 MW of solar PV. The PPA is for a period of 25 years and will be for the entire capacity of GI Power’s upcoming solar PV … Read more
Nestle India, the Indian subsidiary of Swiss food giant Nestle, has announced an investment of Rs 4200 crore in India over the next five years. The investment will be used to expand Nestle’s manufacturing capacity, develop new products, and strengthen its distribution network. The investment is a sign of Nestle’s commitment to India, which is … Read more
The Surat Diamond Bourse (SDB) in Gujarat, India, has become the world’s largest office building. The SDB is a 672,860 square meter (7.1 million square foot) complex that houses the diamond trading industry in Surat. It is spread over 14.38 hectares (35.54 acres) and has nine towers, each with 15 floors. The SDB was designed … Read more
Suzlon Energy, one of the leading renewable energy solutions providers, has bagged an order worth Rs 47.6 MW from the KP Group in Gujarat. The order is for the supply and installation of 17 S133 wind turbines. The project will be located at Vagra in Bharuch district in Gujarat. The order is a significant win … Read more
The Gujarat High Court on Friday dismissed Congress leader Rahul Gandhi’s review plea to suspend his conviction in a defamation case. The court upheld the conviction of Gandhi by a lower court in 2019. Gandhi was convicted in the case for making a speech in 2013 in which he accused the then Gujarat Chief Minister … Read more
New Delhi, June 24, 2023: Google CEO Sundar Pichai has announced plans to set up a fintech hub in GIFT City, Gujarat. The hub will be a first-of-its-kind in India and will focus on developing new technologies for the financial sector. The hub will be located in GIFT City, a special economic zone (SEZ) in … Read more
Grasim Industries and Lubrizol Corporation have announced plans to set up a 100,000 tonne CPVC resin facility in Gujarat. The facility is expected to be commissioned in 2024 and will be located at Dahej Special Economic Zone (SEZ) in Gujarat. CPVC resin is a versatile material that is used in a variety of applications, including … Read more
Tata Group has signed a memorandum of understanding (MoU) with the Gujarat government to invest Rs 13,000 crore to set up a lithium-ion cell manufacturing plant in the state. The plant will be located in Sanand, Gujarat and will have an initial production capacity of 20 gigawatt-hours (GWh). The plant is expected to create direct … Read more