Torrent Gas Ltd, the city gas distribution firm of the Gujarat-based Torrent Group, has commissioned 21 CNG selling stations in five states after lockdown relaxations allowed resumption of some economic activities, the company said.Torrent Gas, which holds licence to retail CNG to automobiles and piped cooking gas to household kitchens in 32 districts across seven states, commissioned 10 outlets in Uttar Pradesh, four in Punjab, three in Gujarat and Telangana each and one in Rajasthan. Its CNG stations were part of the 56 newly-built ones that Oil Minister Dharmendra Pradhan dedicated to the nation through a web event on Friday, the company said in a statement. Speaking on the occasion, Jinal Mehta, director, Torrent Gas, said, "With the commissioning of these 21 CNG stations, we have set up a total of 58 CNG stations within a relatively short span of time." Torrent Gas, he said, is committed to making CNG for vehicles and PNG for industries and residences widely available across all … [Read more...] about Torrent Gas commissions 21 CNG stations in five states
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The Liupanshui Agricultural Investment and Development Co Ltd is a key player located in a well-established fruit-growing area. It sold more than 3,000 metric tons of kiwi fruit last year. It has grown by 50 percent year-on-year and its sales revenue reached 80 million yuan last year. … [Read more...] about E-commerce revitalizes Liupanshui businesses
Six blacksmiths at Menon's workshop worked as his assistants on the project. There were no mechanised equipment then, and everything was done by bare hands. Besides, funds were also hard to come by. Menon had to face barbs that compared him to Henry Ford, and he was even branded as mentally ill. The Illustrated Weekly reporter has noted that even the officials of the palace did not have much faith in Menon. … [Read more...] about Meet the long-forgotten ‘Aravind’, a car made in Kerala
Jinzhai was an important revolutionary base for the Communist Party of China and the birthplace of a major branch of the Red Army. However, its remote location and poor transportation facilities had held it back as it became one of the most impoverished areas in China. … [Read more...] about Lesson of hope for students facing financial struggles
Last week Hike Messenger , the messaging app, became the latest startup to join the so-called ‘unicorn’ pack in India—companies valued at at least $1 billion. Hike has been the fastest of the pack to reach the milestone, in just about three and half years after launch. It took e-commerce major Flipkart five years, rival Snapdeal seven years and analytics firm Mu Sigma nine years to become unicorns. Hike is also the lone company in the unicorn pack that is free. It is yet to make money. Hike will only “start to try making money by 2018, perhaps 2020”, says 28-year old founder Kavin Bharti Mittal. Yet, thanks to the $175 million collected from a clutch of overseas investors (see Plenty of Funds), the app is valued at $1.4 billion. Mittal believes the $175 million raised by Hike “is like Flipkart raising $1 billion. That’s the value we see and we are the only local rich messaging app with scale in the country.” Says Vishal Tripathi, … [Read more...] about Is Hike Messenger worth the hype and $1.4 billion?