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New Delhi, Apr 3 (PTI) Billionaire Gautam Adani on Friday said his conglomerate's port arm is targeting cargo volumes of 1 billion tonnes by 2030, after the company surpassed 500 million tonnes milestone, underscoring the rapid scale-up of India's largest port operator. Speaking on the occasion of Adani Ports and Special Economic Zone (APSEZ) crossing the milestone, Chairman Adani said the group's ports network has expanded into an integrated system of 20 ports across India and international lo ...Read More >
New Delhi, Jul 2 (PTI) Industrial steam and gas supplier Steamhouse India has filed for an initial public offering (IPO) through a confidential pre-filing route, with an aim to raise between Rs 500 crore and Rs 700 crore, industry sources familiar with the development said. In a public announcement on Wednesday, Surat-based Steamhouse India said it has submitted "the pre-filed draft red herring prospectus with Sebi and the stock exchanges...in relation to the proposed initial public offering of ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) A fire broke out on Sunday at the Jayashree Chemical Factory, located in Ramdev Estate-4 in Gujarat's Ahmedabad, sparking panic among local residents and factory workers, officials said. This marks the second such incident in nearly a month at the same industrial estate. According to reports, the fire is reported to have started due to sparks during welding work inside the factory. However, no casualties or injuries were reported in the incident. The Ahmedab ...Read More >
The Gas IndeX of India (GIXI) for May was recorded at Rs 1,016, equivalent to USD 11.9 per million British thermal units. This marks a 19% increase compared to the previous year, aligning with higher European and Asian spot gas benchmarks. However, on a month-to-month basis, GIXI saw a 5% decline due to reduced demand and increased supply, according to a statement from the Indian Gas Exchange Limited (IGX). Trade volumes on IGX also experienced a 5% year-on-year decrease, amounting to 4.7 milli ...Read More >
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