Showing posts sorted by date for query Business. Sort by relevance Show all posts
Showing posts sorted by date for query Business. Sort by relevance Show all posts

Wednesday, July 18, 2012

Judiciary interfering in government - Law Minister

Congress in Gujarat are demanding immediate termination of current state Law minister Dilip Sanghani.



Congress claims that it has a video clip of Sanghani in which he alleged that the judiciary was interfering in business of the state government.



In the clip, Sanghani is heard saying, "It is business of the State Government to decide which officer to put where and how and what work he should be assigned. The Courts do not have the right to interfere in the matter. I am telling this as the Law Minister of the State."

Sunday, June 10, 2012

Jamnagar - Refining Capital Of India



Refining capacity at jamnagar refining hub is intensified. Essar oil announced completion of the expantion of its vadinar refinery.

This expantion was 4 month ahead of the scheduled completion time.

Sources from Reliance industry didnt disclosed any response earlier on the news.

Later Mr. Ambani announced various projects around Jamnagar complez at RIL AGM. RIL is sitting on hughe cashpile but with current slowdown no companies are putting their hands in new projects, RIL once bitten by repulsive policy of central govt regarding the D6 basins, is looking back at Jamnagar area.

In recent times, Jamnagar will see a huge proprtion of inflows of more projects and more business.

Monday, May 14, 2012

Jamnagar : New GSFC LNG Terminal

Gujarat’s premier fertiliser company, Gujarat State Fertilizers and Chemicals Ltd (GSFC) is expanding its presence in Jamnagar, GSFC is considering a partnership another state owned company, Gujarat State Petronet Ltd (GSPL) for setting up a liquefied natural gas (LNG) terminal near Jamnagar.  GSFC already has a DAP production plant and a captive jetty at Sikka, the idea is to use the LNG terminal to enrich the facility.

Currently GSFC is under expansion of Di-ammonium phosphate (DAP) plant capacity at Sikka to 1.6 mtpa from 1.2 MTPA, this is a Rs.300 crore project.

This LNG terminal will be opening a new business for GSFC, currently India’s only 2 LNG terminal are in Gujarat. GSPL has setup the terminal with Adani at Mundra, while GVK is setting up a new terminal at OkhaMadhi.

India’s LNG demand is likely to rise in coming years. And GSFC on the other hand waiting for the new urea policy to be unveiled, if all is well then GSFC may go ahead with Dahej expansion plan and subsequently the LNG terminal also.


Monday, January 2, 2012

Cold wave sweeps across Jamnagar

Severe cold wave is making life difficult in Jamnagar.

The day now starts late for most of the citizens and people prefer to stay indoors as the cold is intense by late evening. Woollen market is booming with business and "Ghunta" party in the farms are in fool demand.

Yet there is no official statement / clarification from the Govt. on the minimum temperature recorded this season in Jamnagar.

Most of the Jamnagar citizens couldn't enjoy 31st also.

Thursday, December 15, 2011

Rupee Depreciation - Jamnagar Brass Parts

Jamnagar brass parts is hit by recent depreciation in the rupee, looks like around 80% of unit are down to around 5-6 hours of work with almost no business in site, read detailed explanation at
http://www.halar.org/post/2011/12/16/Jamnagar-Brass-Parts-Rupee-Depreciation-hitting-hard.aspx

Monday, July 18, 2011

Brass Parts Industry - Help on the way

In a recent move, GTU and Techpedia started innovative approach to help revive the brass parts business in Jamnagar, read more at http://www.halar.org/post/2011/07/18/Brass-Parts-MoU-to-understand-business-challanges.aspx

Sunday, April 17, 2011

Pirated DVD, Vegetable prices etc.

Police in Jamnagar suddenly wake up to discover huge stash of pirated DVD sold at every corner in the city, in past 2 days Jamnagar police recovered pirated copies of copyright material amounting to around a million rupee, police arrested 14 person and raised 14 places in city, most noticeable places includes Lakhota lake, Jayshree cinema, S.T. Road etc.

Last Saturday, vegetable shop owners around the main vegetable market stopped business at the subhash market, causing sharp increase in the vegetable prices. In this tussle of JMC and vegetable businessmen, citizens are paying price (actually high price), earlier last month JMC suggested to move the vegetable market to Hapa marketing yard. Vegetable shop owners are arguing that cost to transportation vegetables to the city from Hapa is unreasonable.

Monday, April 4, 2011

Cheti Chand 2011 - Celebrations in Jamnagar

Jamnagar Sindhi Samaj will celebrate Cheti Chand 2011 festival today in Jamnagar, there are many events scheduled for this occasion, a mass thread ceremony will be followed by a religious yatra near Jhulelal temple located near old railway station. Jamnagar Sindhi community will take a day off from their business and work,

Kutchhi Lohana society will celebrate the festival with Dariyalal Jayanti, and traditional aarti celebration is organised at Lohana Samaj Wadi near pancheshwar tower.

Thursday, December 23, 2010

Brass Parts - Scrap price rise is killing the business

Brass part industry is recovering from global slowdown, but burning rates of brass scrap has made life terrible for the brass parts manufacturing here in Jamnagar.

In may Brass scraps rate were 8200 USD / ton , which is now 9400 USD / ton, this price rise translated to around 275 rs rise in per kg amout of brass scrap in city.
Jamnagar brass part association is asking local MP to appeal this to govt.

Monday, December 6, 2010

Retired Mamlatdar - cleared of all charges

A retired Mamlatdar from Kalavad, was cleared of all charges by Gujarat High Court (HC), 18 years after he was trapped by the ACB while accepting bribe of mere Rs 300.

Chandrakant Bhuptani, a mamlatdar working in Kalavad was arrested in January 1992 was caught by ACB officials while accepting bribe of Rs 300 from a kerosene vendor, Chandrakant Joshi. ACB suggested that Joshi bribed Bhuptani so that he could carry on his business. And earlier special ACB court had convicted Bhuptani for four years rigorous imprisonment in 1997.
Bhuptani moved to Gujarat High Court, and was cleared of all charges considering there was no evidence against him.

Tuesday, October 19, 2010

Loan repayment - father murdered son

a surat based business man who is from jamnagar had killed his own son
to escape from loan repayment.

A patel businessman murdered his 9 yr old son and later drafted a
kidnepping scene.
Police found this easily during interrogation and he confessed the crime
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Sent from my mobile device

Monday, September 6, 2010

Shravan Fair - Extended for 2 More Days


JMC has extended the Jamnagar Janmashtami Fair for 2 more days.

Frequent rains had dampened the spirits of citizens as they cant visit fair in heavy splashes. this news also bought cheers for the shop owners of the fair.

This 2 days also coincides with celebration of Eid, so organizers hope to recover the money via this extension.

Normally Shravan / Eid fairs brings lot of cloud and entertainment / business, however this year frequent rains throughout all three days of Shravan had spoiled the celebrations.

Sunday, December 6, 2009

Shivrajpur (Dwarka) to be developed as Beach Resort

Just when Gujarat is heading for a Green Revolution under CM Modi's leadership, good business news continues to flow for Jamnagar.

In response to GMB's bid request for eco friendly beach development in Gujarat, two firms had shown interest. Gujarat Maritime Board (GMB) has short listed tourist beaches at Sarkeshwar (Amreli) and Shivrajpur (Jamnagar).

Two architecture consultancy firms are Hiren Gandhi & Associates and Wapcos India, a flagship company of union ministry of water resources.

The successful bidders will be involved in planning and design of tourist beach development.  Gujarat Green Beach Development Project will be first amongst the public private partnership (PPP) projects from Gujarat Govt. around Rs. 200 crore will be spent on developing these two beaches.

Shivrajpur near Jamnagar has the best view and clean blue water with potential to become one of the best beaches in Gujarat.

Thursday, November 5, 2009

Indonesian Coal major to invest in Jamnagar

If this deal is through, Jamnagar will add one more business feather in its cap.

Bogath a village in Jamnagar may have a 10,000 MW Coal based power plant, Thanks to Modi's efforts.

Indonesia based Salim Group is looking forward to establish its presence in Jamnagar, Modi accepted an invitation to visit Indonesia but had to delay because of his health and fiasco of his Oman visit.

A delegation led by South Governor  of Sulawesi province, Indonesia. Invited Modi in the Vibrant Gujarat Global Investors Summit in January 2009.

Thursday, April 9, 2009

Reliance Communications - New Store Launch

Reliance Communications - ADAG promoted group is working on business expansion across Gujarat.

RCOM has 103 exclusive Reliance mobile stores in Gujarat, after the expansion this no will rise to 163, to begin with, the group has already opened one store Jamnagar.

--

http://www.halar.org/
http://jamnagar-news.blogspot.com

Thursday, March 19, 2009

Essar Oil Refinery Expansion Plans

Essar Oil Ltd, flagship company of The Ruia Group is planning to continue the Vadinar Jamnagar Refinery expansion.

Essar Oil Ltd, confirmed yesterday its plans to go ahead with the expansion of its Jamnagar refinery and continuing business of petroleum retail businesses spread across the country.

The company is also laying down phased plan to expand into petrochemicals, the natural progression for any refinery, till after the second stage of refinery expansion is completed in December 2011.


This expansion project would cost about $5.5 billion, is being implemented in two phases for which the company has a loan commitment of about $4.55 billion, $700 million is from commitments in foreign loans and the remaining is from Indian lenders. Essar did mentioned that they can go for more foreign lending.

Current expansion plans are needed for Essar to de-bottleneck and upgrade its existing Jamnagar refinery, Essar is hoping to increase Jamnagar refinery's annual output capacity from 13 million tonnes (mt) to 16 mt (330,000 barrels a day) in the first phase. This phase will cost Rs 7,810 crore and it will involve installation of additional processing units (such as coker and hydro-treaters), a hydrogen-manufacturing unit and revamping of some of the existing units. The company is taking Rs 4,600-crore debt for the first phase, which is expected to be completed by December 31, 2010.
--


http://www.halar.org/jamnagar
http://jamnagar-news.blogspot.com

Thursday, January 15, 2009

RPL Jamnagar Refinery - Export Starting this month

Reliance Petroleum Limited's Jamnagar Refinery will start exporting fuel this month.

Crude oil processing capacity of 5,80,000 BPD makes RPL Jamnagar 6th largest refinery in the world and is also amongst the world's most complex refineries.

RPL Jamnagar refinery Features includes:

* RPL refinery has Nelson Complexity index of 14.0, this is useful to process heavy sulfur crude variety and will be able to process heavy crude, refinery emission is too low and the pollution graphs is more greener, even finer compared to forthcoming Euro IV norms for emission.
* In todays business, these high complexity refining capacity will provide competitive advantage, as the refinery can process more sour crude, more refining is surely possible.
* RPL Jamnagar refinery's geographical proximity with middle-east will turn this largest crude oil producing region in the world to most cheapest crude processsing unit.

Jamnagar district is the 'refining hub of the world' it produces 1.24 million BPD oil, it is to note that Reliance Jamnagar refinery accounts for 40% of Petroleum consumed in India.

Reliance's new 5.8 M BPD Refinery is located at the Jamnagar special economic zone (SEZ).

--
http://feedproxy.google.com/jamnagar

Tuesday, January 6, 2009

Huge Power Plant by Singapore Company

Universal Success Enterprise Ltd (USEL) is a diversified business conglomerate, based in Singapore will set up a 6,000 MW power plant in Jamnagar.

The company has finalised coastal location of Bhogat (near Dwarka), all pre-feasibility study is completed.

Proposed Power plant will cost Rs 24,000 crore, this will be coal fired as fuel and USEL is looking forward to construct a dedicated terminal to bring in coal at Bhogat.

USEL will sign an MoU with the state government during the Vibrant Gujarat Global Investors' Summit to be held on January12 and 13, 2009.

Sunday, December 28, 2008

Mukesh Ambani's RPL Refinery - More News

Mukesh Ambani lead Reliance Petroleum (RPL) has commissioned the world's sixth-largest refinery in record time of just 36 months.

Why is this project execution so special, we should note that around 15 such projects were being executed at the time when the Global recession hit the Business world, most of such projects were in China, US and Gulf.

Among this projects are global names like CNOOC (China), CONOCO Phillips (US), Marathon Oil (UK) and KNPC, Saudi Aramaco, Qatar Petroleum from Gulf, RPL is the only company to have completed its project in record time.

An official statement by RIL states that "By commissioning the 5,80,000 bpd refinery in Jamnagar, Reliance Industries has become the world's single-largest supplier of fuels to the global market"

Mukesh Ambani, RPL chairman added that "A decade ago, Jamnagar Refinery helped break India's dependence on imported fuels when RPL commissioned RIL's refinery in Jamnagar."

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Jamnagar News

Saturday, December 27, 2008

Jamnagar Business Unit's Security Meeting held

As tension between India and Pakistan rises, Jamnagar is holding tight on security.
 
Business estabishments across district meet up yesterday to discuss the issue, Indian Oil Corporation (IOC) organised this meeting at Reliance Refinery in Moti Khavdi.
 
Representatives from RPL, IOC, Essar, GAIL, district police, Coast Guard, IAF  and officials from state and central IB were present in the meeting.
 

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