Articles for tag: Celebrates, Challenges, Chaturthi, Chief, deity, Faced, Farmers, Ganesh, Maharashtra, Minister, Praying, Prosperity, Shinde, Welcomes

September 7, 2024

Maharashtra celebrates Ganesh Chaturthi, as Chief Minister Shinde welcomes the deity, praying for prosperity amidst challenges faced by farmers.

Maharashtra’s Chief Minister Eknath Shinde celebrated the start of the ten-day Ganesh Festival by welcoming Lord Ganesh to his official residence in Mumbai. Accompanied by his wife and son, Shrikant Shinde, the CM performed a traditional puja, praying for the state’s well-being and prosperity. He noted the good rainfall this year, expressing hope for a ...

September 6, 2024

Market News

Business

Adani and Tower Semiconductor’s billion investment in Maharashtra signals India’s ambitious push to dominate the semiconductor market.

Adani and Tower Semiconductor’s $10 billion investment in Maharashtra signals India’s ambitious push to dominate the semiconductor market.

Israel’s Tower Semiconductor and India’s Adani Group are set to invest $10 billion (approximately 839.47 billion rupees) in a new semiconductor project in Maharashtra. This initiative aligns with Prime Minister Narendra Modi’s vision to establish India as a global chip-making hub, despite facing challenges including Foxconn’s withdrawal from a previous joint venture. The new plant ...

September 6, 2024

Market News

Business

Maharashtra approves a billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.

Maharashtra approves a $10 billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.

Maharashtra’s government has approved a major semiconductor fabrication unit to be built in Panvel, Mumbai, through a collaboration between the Adani Group and Israel’s Tower Semiconductor. This project, involving an investment of approximately Rs 83,947 crore ($10 billion), aims to produce 80,000 semiconductor wafers monthly in two phases. The first phase will invest Rs 58,763 ...

September 5, 2024

Market News

Business

Rahul Gandhi demands an apology from PM Modi for insulting Shivaji Maharaj, igniting political tensions in Maharashtra over statue controversy.

Congress leader Rahul Gandhi stated that Prime Minister should apologize not only to the legendary Shivaji Maharaj but also to the people of Maharashtra. This remark came after the unveiling of a statue to honor the late Congress minister Patangrao Kadam. In other news, Reliance Industries announced a 1:1 ratio issue of bonus shares. The ...

September 4, 2024

Market News

Business

Maharashtra Bus Strike: Chaos Unfolds as Court Deems Action Illegal

The Maharashtra State Road Transport Corporation (MSRTC) employees are on strike for better salaries and working conditions, causing significant disruption to bus services just before the Ganesh festival. Many commuters are facing challenges as 63 out of 251 bus depots are completely shut, while others operate partially. The employees seek salary parity with state government ...

September 3, 2024

Market News

Business

Massive 6,790 MW Hydro Power Project Agreement Signed in Maharashtra

THDC India has partnered with the Maharashtra government to develop six pumped hydro power storage projects, totaling 6,790 MW, with an investment of over Rs 33,600 crore. This agreement aims to streamline the process for project surveys, investigations, and the preparation of Detailed Project Reports (DPRs), ensuring compliance with central and state regulations. The six ...