Silver and gold prices fell further today because of lesser domestic demand, sustained selling by stockists and weakening global trend of decline. In the global markets, gold declined by 0.01 per cent to $1,506.90 an ounce and silver fell by 0.24 per cent to $45.49 an ounce. Silver prices fell further today by Rs...
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Flying out of Mumbai airport is cheaper by Rs.100-600 as ADF goes
Flying out of Mumbai will be cheaper for both domestic and international passengers following the Supreme Court order on Tuesday holding levy of Airport Development Fee (ADF) as invalid. ADF is a levy that a departing passenger pays the developers for the airport’s future upgradation, expansion and development. At Mumbai, a domestic passenger pays...
SC quashes Airport Development Fee in Delhi and Mumbai airports
The Supreme Court today quashed levying of Airport Development Fee (ADF) by private airport developers in Delhi and Mumbai on international and domestic passengers. A bench of justices Cyriac Joseph and A K Patnaik passed the order on a petition filed by the NGO, Consumer Online Foundation, contending that the fee was illegal, as...
Modi to board Gujarat’s first intra-state flight connecting Surat to Ahmedabad
Guajrat Chief Minister Narendra Modi will flag off two inaugural flights connecting Surat with Ahmedabad and Bhavnagar On April 29 in presence of Captain Gopinath of ‘Deccan 360′ air company. Gujarat tourism department and Gujarat government’s civil aviation department have tied up with Air Deccan founder Captain GR Gopinath`s new company `Deccan 360` to...
Ahmedabad airport to shut down for maintanance between 15 May 15 June, 10.30-17.00 hours
A major part of the 3,599-metre runway at the Sardar Vallabhbhai Patel International Airport of Ahmedabad will remain closed and only 380 metres of the airstrip will be made available, for helicopters. from May 15 to June 15 for maintenance purpose. All flights operating between 10.30 am and 5 pm in this period will...
Gujarat hikes Bt cotton seed prices
After Punjab and Haryana, Bt cotton seed will now cost more to cotton growers in Gujarat as the state has permitted hiking its prices by Rs. 180 per 450 gm packet for the upcoming cotton sowing season. Gujarat government has allowed the seed manufacturing companies to raise the price of Bacillus thuringiensis (Bt) cotton...
ABB bags USD 18 million Wanakbori thermal power plant order
Leading power and automation technology group ABB has got an order from Gujarat State Electricity Company Limited (GSEL) for the renovation and modernization of control systems at 1,260 MW Wanakbori thermal power plant in Gujarat. This is worth USD 18 million order and it was booked in first quarter. Gujarat State Electricity Corporation Limited...
Suzlon bags 50MW wind energy project from GSFC
India’s largest wind turbine manufacturer Suzlon Group has announced the signing of an order with Public Sector Undertaking (PSU) Gujarat State Fertilizers & Chemicals Limited (GSFC) to set up, operate and maintain 50.4 MW wind energy projects. The project involving 24 units of Suzlon’s S88–2.1 MW wind turbine will come up in wind farms...
Paramount Printpackaging to set up Rs. 31.94 plant in Vapi
Mumbai-based Paramount Printpackaging Ltd (PPL) plans to expand its manufacturing capacity by setting up new facility at Vapi in Gujarat using the proceeds of its forthcoming initial public offer (IPO). The company has identified the land for the plant which is likely to become operational by the end of fiscal year 2011-12. The comapny...
Finolex to start PVC facility at Vadodara in this fiscal
New reports suggest that Pune-based Plyvinyl Chloride(PVC) pipe maker Finolex will start production at its new Rs 100 crore facility near Vadodara in Gujarat within this fiscal. New 31-acre facility will enjoy capacity to produce 50,000 tonne per annum(tpa) of PVC pipes. This would be company’s third PVC pipe making unit after Ratnagiri and...
Captain Gopinath’s Deccan 360 to start intra-state air service in Gujarat
The Gujarat Government is taking steps to improve air connectivity so that foreign tourists can fly into Ahmedabad or Surat and fan out to other destinations in the State. For this purpose, the tourism department has tied up with Air Deccan which will run two ATR flight daily from Ahmedabad and Surat to 11...
After 30 days of partial labour strike at General Motors plant in Halol
Video uploaded on Youtube by one of the protesters It is the longest labour strike in any company of Gujarat in recent years. However not all labours are on strike. The strike is partial as there are two unions in Halol plant and the newer one which is the labour union affiliated with the...