Page 8 - Ahmedabad

RBZ Jewellers IPO to open on Tuesday with price set at Rs 95-100 per share

RBZ Jewellers on Monday said it has fixed a price band of Rs 95-100 per share for its initial share sale that will open for public subscription on December 19. The three-day Initial Public Offering (IPO) will conclude on December 21, the company said in a statement. The IPO is entirely a fresh issue of 1 crore equity shares with no offer for sale (OFS) component. The Ahmedabad-based B2B and retail jewellery firm would raise Rs 100 crore through the issue at the upper end of the price band. Proceeds from the issue will be utilised for funding the working capital requirements of the company and for general corporate purposes. The company's revenue from operations rose 14 per cent to Rs 289.6 crore in fiscal 2023 from Rs 252.5 crore in fiscal 2022. Besides, profit after tax surged 55 per cent to Rs 22.43 crore in fiscal 2023 from Rs 14.48 crore in the preceding financial year. Arihant Capital Markets Ltd is the sole book-running lead manager to the issue. The equity shares are propo

Gujarat's dedicated semiconductor policy drawing global players, says govt

Chip maker Micron Technology's decision to set up a $2.75-billion plant at Sanand near Ahmedabad indicates that Gujarat's dedicated semiconductor policy is bearing fruit and attracting global players, the state government has said. Gujarat had in July last year announced a dedicated policy to draw new investments in the semiconductor sector by offering incentives and subsidies to start operations in the state. The Gujarat Semiconductor Policy', unveiled by Chief Minister Bhupendra Patel, will remain in force till 2027. The policy has been designed in line with the Centre's India Semiconductor Mission' to attract and facilitate new projects in the sector, the government said in a release. Under the policy, the state government will set up Dholera Semicon City' near Ahmedabad where eligible projects will be given subsidies for setting up manufacturing units, it said ahead of the state's Vibrant Gujarat Global Investor Summit next month. At the facility, eligible projects will be give

PKL 2023: Gujarat Giants full players list, price and live stream details

Gujarat Giants, runner-ups of the 2017 and 2018 seasons and playoff entrants of the 2021-22 season will be eying their first-ever title in the 2023-24 season

Maha-Guj bullet train: 100 km of viaducts, 230 km pier work completed

The National High Speed Rail Corporation Limited building the Mumbai-Ahmedabad bullet train corridor said on Thursday that 100 kilometres of viaducts and 230 kilometres of pier work had been completed for the ambitious project. The milestone of construction of 100 km of viaducts has been achieved through launching of 40-metre long 'full span box girders' and 'segmental girders', the NHSRCL said. Railway Minister Ashwini Vaishnaw uploaded a video on X, formerly Twitter, to inform about the feat. According to NHSRCL, the viaducts include bridges over six Gujarat rivers, namely Par and Auranga in Valsad district, as well as Purna, Mindhola, Ambika and Venganiya in Navsari district. "The first girder of the project was launched on November 25, 2021, while the first kilometer of viaduct was ready in six months on June 30, 2022. It achieved construction of 50 kilometres of viaduct on April 22, 2023 and, thereafter, in six months 100 kilometers of viaduct were completed," the NHSRCL ...

Case registered against man who entered field during India-Aus WC final

"The accused described himself as a big fan of Virat Kohli and had come to watch the match and being a fan of Kohli, he crossed the railing and went into the ground," Ahmedabad Police said

LIVE: Rahul visits Congress war room to oversee preparations for Raj polls

Catch all the latest updates from across the globe here

IND-AUS highlights World Cup Final: Head's 137 helps Aussies lift 6th title

India's dreams of winning a third World Cup title lay in tatters after an inexplicable meltdown saw them crash to a six-wicket defeat against an indefatigable Australia

IND vs AUS Final: Ahmedabad pitch in controversy as Aussies raise concern

The issue involves watering on the wicket, which has not been extensive and some patches have been watered less than expected

As if PM will bowl, Shah will bat: Raut's dig on WC final's appearance

Prime Minister Narendra Modi and Australia's Deputy Prime Minister Richard Marles will watch the ICC Cricket World Cup final on Sunday.

Flights may experience delays: Akasa's travel advisory ahead of WC final

India and Australia will lock horns in the final of the ICC Cricket World Cup at Ahmedabad's Narendra Modi Stadium on Sunday.

Railways announces special trains from Mumbai for CWC final in Ahmedabad

Western Railway and Central Railway will be running six Cricket World Cup special trains for fans who will be travelling from Mumbai to Ahmedabad to watch the final of the Cricket World Cup.The World Cup final will be played between India and Australia at the Narendra Modi Stadium in Ahmedabad on Sunday.Central Railways will be running a Cricket World Cup special train from Chhatrapati Shivaji Terminus (CSMT) to Ahmedabad and back. Train No 09049 Mumbai Central - Ahmedabad Special will depart from Mumbai Central on Saturday, November 18, 2023 at 23.55 hrs and will reach Ahmedabad at 08.45 hrs, the next day.Similarly, Train No. 09050 Ahmedabad-Mumbai Central Special will depart from Ahmedabad on Monday, 20th November at 06.20 hrs, & will arrive at Mumbai Central at 14.10 hrs, the same day.Train No. 09035 Mumbai Central-Ahmedabad Special will depart from Mumbai Central on Sunday, November 19, 2023, at 05.15 hrs. & will reach Ahmedabad at 10.40 hrs, on the same day.Similarly,

IND-AUS Final: Cummins reveals Aussie strategy to tackle Ahmedabad crowd

Australian captain Pat Cummins feels that when the whole crowd is against you, the only way to tackle them is to silence them

IND vs AUS Final: Best Indian side facing Aussies? Here's what Cummins said

India vs Australia Cricket World Cup final will see the most dominant Indian side on display which is yet to drop a game in this tournament

World Cup final: ICC pitch consultant back home, BCCI monitor preparations

What will be ICC pitch consultant Andy Atkinson's future was a question floating around as the burly New Zealander was nowhere to be seen during pitch preparation 48 hours ahead of the World Cup final between India and Australia. It is learnt that Atkinson had already left the country as his assignment is already over. "Andy's assignment is over and he has gone back. Don't try to find controversy where there is none. Nowhere it is written that ICC's pitch consultant need to be present before final," a BCCI source told PTI on conditions of anonymity. Atkinson exactly isn't a favourite with BCCI brass after accusing the host nation of changing track for the semi-final between India and New Zealand from a fresh to a used one. However, the ICC later sent a clarification that there is no such rule of holding knock-out matches on a fresh track and Atkinson was apprised of the development in advance. On Friday, the two senior BCCI's chief of ground staff Ashish Bhowmick and his second in

ICC Men's Cricket WC final: Room tariff crosses Rs 1L, airfares soar 400%

This frenzy is having a domino effect on airfares and hotel bookings in the city, which are seeing a massive spike

SA vs AFG Highlights, World Cup 2023: Coetzee, vd Dussen win it for Proteas

South Africa vs Afghanistan Highlights, ICC Cricket World Cup 2023: Azmatullah Omarzai's 97* went in vain as the Proteas chased down the target of 245 with five wickets and 15 balls to spare

SA vs BAN: Quinton de Kock records highest score in India in World Cups

Quinton de Kock on his way to 174 against Bangladesh in ICC World Cup 2023 at Wankhede, demolishesd several records which also included the highest individual score on Indian soil in World Cup history

Cryptocurrency worth $930,000 seized by CBI from Ahmedabad-based man

The CBI has seized cryptocurrency worth more than USD 930,000 (around Rs 7.7 crore) from an Ahmedabad-based man who allegedly cheated a US-citizen posing as a senior executive of a multi-national company's fraud department, officials said. Based on inputs from the Federal Bureau of Investigation (FBI) of the United States, the CBI filed an FIR against Ramavat Shaishav, who allegedly contacted the US citizen over the phone and introduced himself as "James Carlson" from the fraud department of Amazon, they said. During searches, the CBI found 28 Bitcoin, 55 Ethereum, 25,572 Ripple and 77 USDT in Shaishav's e-wallet. These were transferred to the government's wallet at the time of the seizure, the officials said. He allegedly convinced the victim that his account on Amazon was being accessed by unscrupulous elements, and that his social security was being used from four different states to open accounts on the e-commerce platform. "It was also alleged that the accused induced the vict

Titagarh Rail Systems bags Rs 350 crore metro rail contract from GMRC

Titagarh Rail Systems Ltd (TRSL) on Friday said it has bagged a contract worth Rs 350 crore from Gujarat Metro Rail Corporation (GMRC). Under the pact, TRSL will design and manufacture 30 standard gauge cars for Ahmedabad Metro Rail Phase-II Project. The prototype has to be delivered within 70 weeks from Letter of Acceptance (LOA) and delivery completion will be 94 weeks from the LOA. These metro cars will be manufactured at the company's facility in Uttarpara, West Bengal, a statement said. The Ahmedabad Metro Rail Phase-II Project is being implemented by GMRC at a cost of Rs 13,500 crore. The project will add 28.2 km of metro lines to the city's existing network. The company is a manufacturer of railway wagons and passenger coaches.

ADB approves $181 mn loan to build infra in Ahmedabad's peri-urban areas

The Asian Development Bank (ADB) on Monday said it has approved a USD 181 million loan to build quality infrastructure and services toward improving urban livability and mobility in the peri-urban areas of Ahmedabad, Gujarat. The Ahmedabad Peri-urban Livability Improvement Project will construct 166 kilometer (km) of water distribution network, 126 km of climate-resilient stormwater drainage, 300 km of sewerage systems, and four sewage treatment plants, the Manila-headquartered multilateral development bank said. The project is also supporting 10 junction improvements along the existing Sardar Patel Ring Road to improve connectivity of peri-urban areas to Ahmedabad city. ADB will help strengthen the capacity of the Ahmedabad Urban Development Authority and urban local bodies in technology-based urban planning, including climate change and disaster-resilient infrastructure that promote environmental and social safeguards, gender equality and social inclusion, it said. "This project