Kotak Mahindra Bank to open branch at GIFT City in Gujarat

Last Updated: Monday, April 27, 2015, 13:31

Kotak said the bank will be tracking developments on the regulatory and taxation fronts in its effort to start operations from the GIFT City near Ahmedabad, which is the country's first IFC.

Gujarat HC approves merger plan of Welspun Enterprises

Last Updated: Wednesday, April 22, 2015, 21:29

Welspun Enterprises on Wednesday said the Gujarat high court has approved the merger of the company and three other subsidiaries with Welspun Projects.

Experts from US firm arrive at ONGC fire site in Gujarat

Last Updated: Tuesday, April 21, 2015, 23:23

As the fire at the ONGC's gas well near Surat continued to rage for a fourth day Tuesday, two experts from a US-based company arrived at the site to assess the situation.

BHEL commissions 250-mw thermal power plant in Gujarat

Last Updated: Monday, April 20, 2015, 14:04

Two units of 120 mw each, supplied and executed earlier by BHEL are already in operation at Sikka. Another 250 mw unit, presently under execution at Sikka TPS, is also in an advanced stage of commissioning, it added.

India builds its first 'smart city' as urban population swells

Last Updated: Wednesday, April 15, 2015, 08:20

Ahead of his election last May, Prime Minister Narendra Modi promised 100 so-called smart cities by 2022 to help meet the rush.

Gift City, a model to emulate by other states: Jaitley

Last Updated: Monday, April 13, 2015, 20:09

Finance Minister Arun Jaitley on Monday said state governments should emulate the concept of 'Gujarat International Finance Tec-City' and send their teams there to study the "success story" of the concept.

FM Jaitley to announce rules for country's first IFSC today

Last Updated: Friday, April 10, 2015, 09:22

Arun Jaitley is scheduled to unveil rules and regulations for the upcoming International Financial Services Centre (IFSC) at a conference to be held in Gandhinagar at Mahatma Mandir on Friday.

Amul's turnover up 14% at Rs 20,730 crore in FY15

Last Updated: Sunday, April 5, 2015, 12:05

Gujarat Co-operative Milk Marketing Federation (GCMMF) had posted a revenue of Rs 18,143 crore in the 2013-14 financial year.

Gujarat registered negative growth in agriculture in 2012-13: CAG

Last Updated: Wednesday, April 1, 2015, 15:45

In its audit report of agriculture sector tabled in the Assembly yesterday, the CAG stated that though Gujarat did better than the national average growth rate in agriculture, it had registered negative growth during 2012-13.

20 Gujarat PSUs incurred losses of Rs 1,111.85 crore: CAG

Last Updated: Tuesday, March 31, 2015, 22:53

Twenty Gujarat state government-run public sector undertakings (PSUs) incurred losses of Rs 1,111.85 crore, according to a CAG report which was tabled in the Assembly on Tuesday.

Gujarat's GIFT City expects to garner $50 bn biz annually

Last Updated: Monday, March 23, 2015, 17:56

With Sebi finalising norms for the country's first IFSC, Gujarat's GIFT City expects to tap business worth USD 50 billion annually that India has been losing to global financial hubs like Singapore and Dubai.

Sebi approves IFSC guidelines; Gujarat's GIFT to be first

Last Updated: Sunday, March 22, 2015, 20:03

Paving the way for creation of India's first International Financial Services Centre in Gujarat's GIFT City, regulator Sebi today approved a relaxed set of norms for setting up of stock exchanges and other capital market infrastructure in such centres.