Gujarat News

My beloved countrymen, Namaskar, I am constrained to write to you with a deep sense of anguish. Since last eight years, canards have been spread against me. For the past one week, if we analyse the allegations leveled against me, then the truth will become evident. Truth cannot be suppressed. It is now my duty to place before you the facts that brings out the importance of understanding what the…

Rajkot Municipal Corporation (RMC) is planning to build two amusement parks at Aji and Nyari dam sites under the guidance and help of Gujarat Infrastructure Development Board (GIDB). The projects, worth approximately Rs 200 crore, will be developed under PPP. Source : Times of India

ONGC’s proposal to set up a Special Economic Zone for petro-chemical units in Gujarat has got the green signal from an Environment Ministry panel. In a recent meeting, Environment Ministry’s Expert Appraisal Committee (EAC) recommended the ONGC’s proposed Dahej SEZ in Bharuch in Gujarat for environment clearance. Source : http://beta.thehindu.com/business/article223255.ece

Gujarat-based Sanghi Industries, part of the Rs 4,500-crore Sanghi Group, plans to raise about Rs 660 crore in debt for part-financing an expansion programme that will almost triple its current cement-making capacity. Source : Economic times

Gujarat State Petroleum Corporation (GSPC), the flagship company of GSPC Group involved in exploration and production (E&P), has put its public offer plans on a fast track and is aiming to hit the capital markets by May. The state government is planning to dilute about 10-15 per cent in a bid to raise about Rs 3,000-3,500 crore, said government sources close to the development. Source : http://www.business-standard.com/india/news/gspc-ipo-set-to-hitcapital-market-by-may/388368/