Monthly Archives: July 2009

Fame Cinema launches its Vadodara facility

July 31, 2009
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Fame Cinema launches its Vadodara facility

i want to watch the full film of tomorrow, when the war began Fame Cinemas has launched a new multiplex property in Vadodara. It is located at the Seven Seas Mall in Fatehganj area. The four-screen multiplex has a total seating capacity of 1116 seats which include 25 leather recliners. The newly open multiplex...

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Alang posts whopping 336% growth, but challenges are also looming

July 30, 2009
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Alang posts whopping 336% growth, but challenges are also looming

Despite amazing rise in light displacement tonnage(LDT), the shipbreaking industry at Alang is facing a major challenge of decreasing demand of the end product made out of  scraps that the shipyard supplies. Shipbreaking industry at Alang, which was struggling for its survival some years back is now thriving with business with whopping 336% growth...

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Vadodara-Mumbai Express Highway work to begin next year

July 30, 2009
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Vadodara-Mumbai Express Highway work to begin next year

The acquisition of land for the Vadodara – Mumbai Express Highway will begin in April 2010 and its construction will start from April 2012. Minster of State for Road Transport and Highways R P N Singh said this in Rajya Sabha on Wednesday replying  queries by Jharkhand MP Parimal Nathwani. The alignment of the...

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Uco Bank targets double business from Gujarat in two years

July 30, 2009
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A Kolkata-based public sector Uco Bank targets 100% business growth in Gujarat in next couple of years. Presently the state contributes around 4% to the total business of the bank. The bank recently launched a ‘Flagship Companies Centre’ in Ahmedabad. The centre, which is the fifth in the country will sanction loans exceeding Rs...

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Globsyn planning a Business school in Gujarat

July 30, 2009
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Kolkata-based Globsyn Group is planning to set up a business school in Gujarat to offer professional courses for the entrepreneurs having SMEs. This prposed school- ‘Asian School of Family Business’ will come to the state with investment of about Rs 25 crore in span of three years. Chairman and CEO of the group Bikram...

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Neesa Infrastructure plans unit in Dahej

July 30, 2009
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Neesa Infrastructure Ltd which currently operates 10,000 tonnes per annum foundry unit at Changoder near Ahmedabad, now plans to expand its business by setting up an export-oriented foundry at Dahej Special Economic Zone(SEZ). The firm involved in high Quality Casting, MS, SS, SG Iron, and all type of Alloy Steel Castings, manufactures piece casting...

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Atul posts Rs 15 crore profit

July 30, 2009
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Lalbhai Group’s Atul Ltd has reported profit before tax(PBT) of Rs 15 crore in the first quarter of current fiscal against nil PBT in the corresponding period of the previous fiscal. The company has posted sales of Rs 261 crore, 12%  lower than quarter one of the previous fiscal. Atul Ltd Website

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It's official: 40% registered diamond units closed down due to recession

July 30, 2009
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It's official: 40% registered diamond units closed down due to recession

Over 40 per cent of the registered diamond units in Gujarat have closed down due to recession, the state government on Wednesday admitted in the assembly. In reply to a question by Dediapada MLA Amarsinh Vasava, the industry and mines department Minister said that in 2006, there were 494 diamond units registered with the...

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Banner Talk: Adani Power hoarding on Satellite road attracts

July 29, 2009
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Banner Talk: Adani Power hoarding on Satellite road attracts

By Japan K Pathak The banner, I have selected for this first post of my new column ‘Banner talk’ belongs to Adani Power IPO campaign. The banner is situated near western Ahmedabad’s Nehrunagar circle on the Satellite road. Interestingly, this is the road, on which Mr. Gautam Adani and Rajesh Adani, promoters of Adani...

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Gujarat govt moves a bill proposing amendments in VAT

July 29, 2009
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The Gujarat government on Tuesday  introduced a bill in the state assembly proposing amendments in the Gujarat Value Added Tax(VAT) act. Following are main features of the bill. -Rationalization of penalty rates for delay in filing returns and attempts for tax evasion and extension in time frame for filing audit report. -To increase the...

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Tata Teleservices launches I-Care centers in Ahmedabad

July 29, 2009
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Tata Teleservices Ltd on Tuesday launched two I-Care centers in Ahmedabad to provide services like repairs and exchange of handsets, mobile software upgrade, recharge vouchers etc. These are the first such centers in Gujarat launched by the company. Website of Tata Telservices

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Doshion executing water project for Delhi Airport terminal

July 29, 2009
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Ahmedabad based leading water management company, Doshion is executing a job of developing Rs 330 crore water distribution and management facility at third terminal of Delhi airport with the strength of 600 employees. The project that includes all water related constructions, sewage pipelines, treatment plants, reverse osmosis process, bore wells and supply at the...

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