Sebi board approves IFSC guidelines; Gujarat's GIFT to be 1st

Last Updated: Sunday, March 22, 2015, 15:44

Sebi Chairman U K Sinha said the new IFSC guidelines would help create vibrant capital market activities in such centres.

GSFC lines up Rs 15,000 cr capex over next two years

Last Updated: Sunday, March 22, 2015, 12:41

Gujarat State Fertilizers & Chemicals Ltd (GSFC) on Sunday said it has lined up an investment of Rs 15,000 crore to expand capacity over the next two years.

Norms for financial services centres by month end: Govt

Last Updated: Friday, March 13, 2015, 17:50

Regulation for the International Financial Services Centres will be issued by the month end and the first such centre will be developed in the GIFT City in Gujarat, government said Friday.

Gujarat Pipavav Port MD steps down; successor identified

Last Updated: Friday, March 13, 2015, 16:53

Gujarat Pipavav Port Ltd today said its Managing Director Prakash Tulsiani has stepped down from the post to pursue other career opportunities and the company has identified his successor.

NSEL: ED attaches Rs 278 cr oil factory in Gujarat

Last Updated: Friday, March 13, 2015, 00:37

Enforcement Directorate (ED) Thursday attached a Gujarat-based castor oil extraction plant worth over Rs 278 crore of an accused firm in the multi-crore rupee NSEL scam under anti-money laundering laws.

Coal auction rains revenue bonanza; touches Rs 1.57 lakh cr

Last Updated: Sunday, March 8, 2015, 21:44

In another revenue bonanza from the ongoing auction of coal mines, the government Sunday garnered Rs 5,164 crore from sale of two more mines to Jaypee Cement and Ambuja Cements with cumulative proceeds surging to Rs 1.57 lakh crore.

Coal auction Day 4: Jaypee Group, Gujarat Ambuja successful bidders

Last Updated: Sunday, March 8, 2015, 21:01

On the fourth day of auctions here for schedule III category mines whose earlier allotments were cancelled by the apex court, Jaiprakash Cement Corp and Gujarat Ambuja Cement emerged as successful bidders for the Mandla South and Gare Palma coal fields, respectively.

NSE to set-up an international exchange in Gujarat's GIFT City

Last Updated: Thursday, February 26, 2015, 16:39

Leading bourse NSE on Thursday said it will set-up an international exchange in Gujarat's GIFT City, to be developed as the country's first International Financial Services Centre (IFSC).

Sebi slaps Rs 3.65 cr fine on 4 entities in Gujarat Arth case

Last Updated: Monday, February 9, 2015, 20:04

Sebi has slapped a fine totalling Rs 3.65 crore on four entities for not making shareholding disclosures with the required timeline, as also for not furnishing information sought by the market regulator.

Oil Ministry cuts gas supplies to Gujarat to meet CNG, PNG demand

Last Updated: Wednesday, February 4, 2015, 19:37

Months after effecting drastic cut in natural gas supplies to small industries in Gujarat, Oil Ministry has admitted that small consumers were bracketed with priority sector users like fertiliser and power by the Cabinet but were deprioritised at departmental level.

Central Bank of India opens first forex hub in Guj at Vadodara

Last Updated: Saturday, January 31, 2015, 14:52

The first forex hub of the Mumbai- headquartered Central Bank of India in Gujarat was opened at Urmi Char rasta here to provide prompt and efficient services to importers and exporters.

Suzuki to invest up to Rs 8,500 cr in Gujarat facility

Last Updated: Wednesday, January 28, 2015, 19:13

Japan's Suzuki group will invest up to Rs 8,500 crore in setting up a manufacturing facility here to supply cars to its Indian arm Maruti Suzuki India.