Essar Steel today said it has commissioned its compact strip production mill (CSP mill) in Hazira with a capacity of 3.5-MTPA. This is a key part of Essar Steel’s plans for expanding its steel production capacity at its Hazira complex from 4.6 MTPA to 10 MTPA. The expansion is being done at a cost...
Titan Industries yesterday opened its first Helios premium multi-brand watch retail outlet in western India with its store on Ahmedabad’s C.G.Road. Titan plans to open 100 such outlets across the country within the next three years. The company presently runs five Helios outlets in Bangalore, Delhi, Chandigarh, expecting each of the Helios stores to...
India’s largest private sector player Reliance Industries Limited (RIL) Wednesday said it was expanding its polyester manufacturing capacity in a major way to capitalise on the growing demand for such kinds of fibre. “This is RIL’s largest capacity expansion in the sector and is aimed at consolidating its position as the world’s largest integrated...
LG Electronics today introduced a new interactive television ‘Smart TV’, with inbuilt online content, movies and other applications. According to the company, it has tied up with Indian content providers like Ndtv.Com, Hungama.Com, Indiatimes.Com and Zapak.Com for local content. Smart TV includes thousands of movies, customisable applications, videos and the ability to browse the...
According to report published from Calcutta, India’s largest instant drink maker Ahmedabad based Rasna will introduce a second brand this year and enter the premium beverage segment. The company is yet to finalize a new name according to Chairman and Managing Director Piruz Khambatta, who also added that Rasna is building a separate distribution...
Presented below is the link that would direct you to an article by Wharton School on how Israel’s diamond industry is moving to India(read Gujarat). Along with other reasons, the article also narrates Gujarati community’s entrepreneurial spirit as key elements behind this. Over to Wharton Diamonds Are Not Forever: Industry Moves from Israel to...
Air India today introduced mobile check-in facility for its all domestic passengers from six metropolitan cities — Delhi, Mumbai, Chennai, Kolkata, Hyderabad and Bengaluru — with effect from April 7, 2011. This facility will be extended to other stations and international flights in a phased manner according to Air India statement. The new facility...
India’s largest car maker Maruti Suzuki India has today said in its statement that it will recall 13,157 units of its three diesel driven models of Dzire, Swift and Ritz due to a possible faulty engine part. The company in its statement announced that it will inspect the ‘Connecting Rod Bolt’ for 13,157 units...
Gujarat based Kandla Port continues to become India’s no.1 port with 81.88 mmt(79.5 mt in 2009-10) traffic handling. Interacting with media persons , Kandla Port Trust Chairman Shri P.D.Vaghela said on Tuesday that KPT will purchase power from open market and will supply to users in future. He said KPT’s goal 2020 is 175...
Sushilkumar Shinde, union minister of power yesterday informed that in the year 2010-11, Gujarat added power generation capacities to the tune of 1570 MW, nearly 10 per cent of the total capacities added in the country during the year. Of the total capacities added during the year in Gujarat, Gujarat Industrial Power Corporation Limited...
Three months after it had carried out a similar exercise, the country’s largest carmaker Maruti Suzuki India today said it has increased the prices of its vehicles across all models by up to Rs 9,000 to offset rising input costs, “We have undertaken a price hike across the models ranging between 0.2 per cent...
The Environment Ministry of India today lifted moratorium imposed on eight industrial clusters located in critically polluted areas in different parts of the country for considering projects for environmental clearance. Gujarat’s Junagadh is one of such clusters. The Ministry, in view of the recommendations of the Central Pollution Control Board (CPCB), lifted moratorium on...