Author: Melvyn Thomas

Ahmedabad: Adani Power, India’s largest private power producer with a generation capacity of 18.15 GW, today said its subsidiary Moxie Power Generation Ltd. (MPGL) has received a Letter of Award (LoA) from Tamil Nadu Power Distribution Corp. (TNPDCL) for supply of 558 MW (net) of power for a period of five years. Moxie Power operates a 1,200 MW (2X 600 MW) power plant in Tuticorin, Tamil Nadu. It emerged as the lowest bidder in a tightly contested bid by offering a tariff of Rs 5.910 per unit, with supply starting 1 April 2026. Now, both units of the plant have…

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Surat: The Surat International Textile Expo 2026’ (SITEX 2026) organised by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) and Southern Gujarat Chamber Trade and Industries Development Centre concluded successfully at the Surat International Exhibition and Convention Centre in Sarsana.  The three-day expo, held from February 21 to 23, has set new benchmarks in the textile machinery and technology sector. With over 26,000 buyers and visitors, the exhibitors are set to generate an investment of Rs. 100 crore in the next three to four months. Orders worth over Rs 1500 crore are expected. A total of more than 26000…

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Surat: After the announcement of the state government’s 2024 textile policy, so far 1200 industrialists have applied for subsidies and incentives under various schemes, in which 18 files have been approved in the first phase, in which an investment of Rs 49.91 crore has been made. The applications that are coming will be inspected on site and approved every month under the chairmanship of the district collector. Out of the 1200 applications, the highest number is from weaving and garment segment units. Since Surat is the hub of the country in manmade fabric, garment manufacturing units with powerloom, airjet, waterjet…

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Ahmedabad: ITC Narmada, a luxury collection hotel in Ahmedabad has initiated lively celebrations of the Chinese New Year – ‘Year of the Fire Horse’, through curated offerings at Yi Jing, the hotel’s signature in-house pan-Asian restaurant. Yi Jing is celebrated for its refined oriental cuisine, artisanal techniques and immersive, contemporary dining ambience. ITC’s chefs have curated a special menu for the discerning diners from across the city for the celebrations. The Chinese New Year Celebrations at ITC Narmada, which began on February 17, and will continue till March 3, are receiving welcoming responses from guests. The patrons visiting ITC Narmada are appreciating…

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Surat: The Surat International Textile Exhibition (SITEX 2026) has received an overwhelming response with more than 17,000 people visiting the exhibition till Sunday. The SITEX 2026, organised by Southern Gujarat Chamber of Commerce and Industry and Southern Gujarat Chamber Trade and Industries Development Center, is being held at the SIECC at Sarsana. It was inaugurated by senior vice-president of Gujarat Chamber of Commerce and Industry (GCCI) Rajesh Gandhi on Saturday. SGCCI president Nikhil Madrasi said that world-class textile machinery is being showcased by the exhibitors in this exhibition. The world’s first four-sheet high-speed rapier jacquard machine was launched at the…

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Guwahati: The new terminal at Lokapriya Gopinath Bardoloi International Airport (LGBIA) began commercial operations this evening, raising annual passenger capacity to 13.1 million and reinforcing Guwahati’s position as the principal aviation gateway to India’s strategic North-Eastern region to South and Southeast Asia. The transition followed a phased, operations-led activation, with live trials conducted across check-in, baggage handling, security and aircraft turnaround before full deployment. The terminal was inaugurated by Prime Minister Narendra Modi on December 20, 2025. The commencement of operations was attended by Assam Chief Minister Dr Himanta Biswa Sarma and Mr Jeet Adani, Director, Adani Airport Holdings Ltd…

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Surat: Rajesh Gandhi, senior-vice president of Gujarat Chamber of Commerce and Industry and the promoter of Vadilal Industries inaugurated the 13th edition of Surat International Textile Expo (SITEX 2026) organised jointly by the The Southern Gujarat Chamber of Commerce and Industry (SGCCI) and the Southern Gujarat Chamber Trade and Industries Development Center at the Surat International Exhibition and Convention Center located in Sarsana on February 21.  Rajesh Gandhi, senior VP of GCCI said, “It is the true legacy and vision of the past presidents that the SGCCI is scaling new heights. The GCCI has decided to collaborate with the SGCCI…

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Daman: National Institute of Fashion Technology (NIFT), Daman organised the 3rd edition of its annual fest “Spectrum” on the campus, bringing together a mix of cultural and sports activities. Spectrum, NIFT’s flagship student festival, is envisioned as a platform that blends performing arts, sports, literary events and fashion-led creative expression, encouraging holistic development and peer interaction. This year’s edition attracted enthusiastic participation from students across South Gujarat and the Union Territory of Dadra & Nagar Haveli and Daman, reinforcing the institute’s role as a creative hub for youth in the region. Campus Director, Dr. Sanjay Shrivastava, inaugurated the programme. He…

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Surat: Gujarat Chamber of Commerce and Industry (GCCI) in collaboration with South Gujarat Chamber of Commerce and Industry (SGCCI) organized a roadshow in Surat on the occasion of the 13th edition of SITEX 2026. The main objective of this roadshow was to promote GCCI’s flagship exhibition “GCCI Annual Trade Expo (GATE 2026)” and to further strengthen dialogue and cooperation with industry stakeholders of South Gujarat. Industrialists, exhibitors, entrepreneurs and representatives of textile and allied sectors actively participated in this roadshow held at Surat International Exhibition and Convention Center, Sarsana. Speaking on the occasion, Shri Nikhil Madrasi, President, SGCCI welcomed the…

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Mumbai: De Beers Group has reported a massive 34% drop in diamond production in the fourth quarter of 2024, mainly due to the closure of its mines at the expensive Moray mine. In its Q4 report for the year, the diamond giant said it recovered 3.78 million carats in Botswana and Canada, down from 5.83 million carats in the same period in 2024. The company has also cut its production forecast for 2026 as it struggles to compete in the ‘traditional’ global market. The biggest drop in production was seen in Botswana, De Beers’ largest operating hub. Production there fell…

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