Skip to main content

Vibrant Gujarat - The next big thing !

Vibrant Gujarat event marks the transformation of Gujarat as the next big thing to hit India Inc. The event has been a thumping success, not just for Gujarat but also for the entire country. In just two days, Gujarat signed record investments of a record Rs 12,00,000 crore(Yes ! 12 Lakh Crore !) of investments to the state. Vibrant Gujarat closed yesterday and it was announced that a total of 8,500 MoUs had been signed and the investment amount was somewhere above Rs 7,50,000 crore.

Heavy-weights from the industry like Tata’s, Birla, L&T, HCC, Mukesh Ambani of Reliance, Anil Ambani of ADAG,Sunil Mittal of Bharti Enterprises, Gautam Adani of Adani Group, Pankaj Patel of Zydus and Sudhir Mehta of Torrent were among some of the industrialists present at the concluding ceremony of the event which saw the participation of more than 600 delegates from 45 countries.

It also shows how a State can actually drive the economy, without depending on stimulus packages from the Central Government. What corporate India needs is an able leader and the CEO leader has been found in Narendra Modi. Little surprise then that India Inc is now rooting for Modi as the Prime Minister of the nation.

Major MoUs signed include:

Adani group: Rs.27,000 crores, to develop SEZs, power plant, power transmission network and education.
Cellular Operators Association of India: Rs 20,000 crore to be invested by the cellular industry.
Welspun:Rs 4,500 crore for expansion of the current facilities.
Gujarat NRE Coke: Investment to the tune of Rs 3,000 crore..
HCC: Rs 40,000 crore in tourism and hospitality.
Suzlon: Rs 9,000 crore hi-tech SEZ for solar power.
SBI: Rs 30,000 crore private equity fund for SMEs and setting up 45 branches in the state.
Birla: Rs 20,000 crore for fibre and telephony in the next three years.
Sterling Biotech: Rs 6,000 crore in SEZ, power, university and an airport.


  1. yea,Mr Modi has made people all over the nation to look up at him.....Other states should also take inspiration from Gujarat and facilitate the industrial growth.

  2. Yes, Mr.Karthik, as u said India needs more CMs like Mr. Modi

  3. It would interesting to see your analysis on how much of this annoucement is getting implemented. most recently Infosys' Murthy said we are nation of talkers and not doers. I bet you, two years ago similar huge sums of money were proclamied to be invested! Can we go back and really check how much was actually put on ground? There are all publicity stunts! Investments are just a per normal market scenarios. Don't look at few nano plants. they hardly employ few thousands. I am talking about those 12lac crore?


Post a Comment

Popular Posts

Your Bill Amounts Are Going To Increase From June 1, 2016

Service tax is a tax levied by the government on service providers on certain service transactions, but is actually borne by the customers. It is categorized under Indirect Tax and came into existence under the Finance Act, 1994. Union Finance Minister, Arun Jaitley, in his budget announcements proposed to impose a cess, called the Krishi Kalyan Cess, @ 0.5% on all taxable services. The present rate of service tax will be hiked to 15 per cent from June 1, 2016, from 14.5 per cent. Take a look at what gets expensive:

Phone Bills: Your phone bills are going to go up. So, pay a good 15 per cent now on service tax on phone bills.

Restaurant Bills :If you are dining in a restaurant that already has service tax applicable, you are going to pay more on your eating out. Though 0.5 per cent on a single bill may not mean much, frequent diners may end-up paying a lot during the year.

Travelling: You will have to pay more for air travel, as there is a service tax on tour operators and travel agents.

NSE Level 3 Data

Before we get into details of NSE Level 3 Data, it is important to first understand the basic operations of the stock market.  All publicly traded equities have a bid price and an ask price when they are bought and sold. The bid is the highest price a trader( or an investor) is willing to purchase a stock. The ask is the lowest price in which he is willing to sell a stock.

Depth of the Market(DOM):Looking at a Level 1, Level 2 or Level 3 quotes can give a trader, a basic idea of how a stock is performing at any given time.

Level 1 Market Data provides the basic market data which includes Bid price, Bid size, Ask price and Ask size.

Level 2 Market Data provides more information than Level I data. Mainly, it doesn't just show the highest bid and offer, but also shows bids and offers at other prices. Now level 2 provides market depth data upto 5 best bid and ask prices.

Level 3 Market Data provides market depth data upto 20 best bid and ask prices .  This primarily used by brokers and ma…

Moneycontrol Terminal - Streaming Live Quotes

Moneycontrol has introduced a new feature Moneycontrol Terminal - an enhanced version of real time price updates. Though there were live quotes provided by the website previously, the present form  gives a better update of live quotes of indices and stocks.

This terminal provides live streaming quotes for both NSE and BSE free. It also provides quotes for most of the indices and also the constituents/stocks of the indices in BSE and NSE.  The terminal also provides live news and other market news, which might be useful for traders. The hardware recommended is minimum of 1 GB RAM.

It would be better if stock of any choice could be added ( market watch of a set of stocks ), which would be easier to track one's trading positions. Anyway, this is a better alternative for people who don't have access to any trading software, to view live action of the markets.

You could just try the same here at Moneycontrol Terminal