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RIL incorporates subsidiary company in Estonia (Northern Europe)

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Friday, Reliance Industries Ltd said of having incorporated company in Estonia (Northern Europe) to engage in software development and consultancy biz. Reliance Industrial Investments and Holdings Limited (RIIHL), a wholly owned subsidiary of the Company, has incorporated a company viz.,

Adani’s Enterprises’ metallic move, incorporates Copper Company

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Exchanges in India, Ahmedabad headquartered and Gautam Adani led Adani Enterprise Ltd said of having incorporated wholly owned subsidiary Mundra Copper Ltd, business entity owned by Adani Group aimed at developing, operating and maintaining of Copper Smelter Plant. Adani Enterprises Limited (AEL),

Zydus Cadila gets USFDA nod to market drugs to treat cholesterol and body tissues

AHMEDABAD | MUMBAI | RAJKOT – In a press release submitted to the Exchanges in India, Ahmedabad headquartered and Dr Pankaj Patel led Cadila Healthcare Ltd (Zydus Cadila Group) said of having got US Food & Drugs Administration’s nod to market drug two drugs, one to control cholesterol as well another to treat abnormal hardening

Adani Gas bags 13 City Gas Distribution projects, will expand Pan-India

AHMEDABAD | MUMBAI | RAJKOT – In a press release submitted to the Exchanges in India on Wednesday, Adani Gas said of having bagged 13 City Gas Distribution projects will expand its presence pan-India. Adani Gas Ltd. (AGL), the city gas distribution arm of the Adani Group, has bagged authorization from the Petroleum and Natural

NGT directive gives temporary relief to Gujarat Ambuja Exports’ Uttarakhand unit

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update submitted to the Stock Exchanges in India on Wednesday, Ahmedabad headquartered Gujarat Ambuja Exports Ltd said of having understood that National Green Tribunal (NGT) has dropped the proceedings against the maize processing unit of the company, located at Sitarganj in Uttarakhand. The company update further

ICRA assigns stable ratings to Sanghi Ind for 4.25 billion rupee credits

SANGHIPURAM | SANGHINAGAR (TELANGANA) | MUMBAI | AHMEDABAD | RAJKOT – In a regulatory update submitted to the Stock Exchanges in India on Wednesday, Sanghi Cements Ltd said of having availed stable ratings for combined long-term and short-term credits amounting upto 4.25 billion (425 crore) rupees, from credit rating agency ICRA. ICRA has enhanced the

Rajesh Exports bags 9.33 billion (933 cr) rupees jewellery exports order from UAE

BENGALURU | MUMBAI | RAJKOT – In a regulatory filing submitted to the Exchanges in India, Rajesh Exports Ltd said of having bagged order from UAE pegged at 9.33 billion (933 crore) rupees, which shall be processed at Bengaluru facility of the company and is to be delivered by March 2019. Rajesh Exports Ltd. (BSE:

Suzlon Energy hives-off “LOSS-MAKING” solar assets(!) plugs it to Canadian Solar for 550 million (55 cr)

PUNE | MUMBAI | RAJKOT – Amidst the much ambitious Solar programme of India Government to give boost to renewable energy generation, a regulatory filing submitted to the Exchanges in India on Tuesday by Suzlon Energy Ltd surprised investors and equity fraternity.  The filing said of the company have hived-off its Solar assets, declaring sale

Zydus Cadila gets USFDA nod to market drug to treat excess iron levels in human blood

AHMEDABAD | MUMBAI | RAJKOT – In a press release submitted to the Indian Exchanges on Tuesday, Ahmedabad headquartered and Pankaj Patel owned Cadila Healthcare (Zydus Cadila Group) said of having got US Food and Drugs Administration nod to market drug to treat excess iron levels in human blood. Zydus Cadila has received the tentative

Alembic Pharma gets USFDA nod to market erectile dysfunction treatment drug

VADODARA (BARODA) | MUMBAI | RAJKOT – In a press release submitted to the Exchanges in India on Tuesday, Alembic Pharma said of having got approval from US Food & Drugs Administration to market erectile dysfunction treatment tablets, the product has an estimated market-size of US $ 8 million over period of 12 months. Alembic

NCLT Ahmedabad nods merger of Aditya Birla Commodities with Aditya Birla Money

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Exchanges in India on Monday, Aditya Birla Money Ltd – Stocks & Securities arm of Aditya Birla Group said of having got nod from National Company Law Tribunal (NCLT) Ahmedabad to merge Aditya Birla Commodities  Broking Ltd with the company. Regarding proposed

Ahmedabad based PSP Projects bagged 3.72 billion rupee new construction orders

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Exchanges in India on Monday, Ahmedabad headquartered PSP Projects Ltd said of having bagged new institutional and industrial construction projects pegged at 3.72 billon (~372.47 crore) rupees. The company has bagged new Institutional & Industrial projects worth Rs. 372.47 crores from various

Shipping Logistics firm files legal suit against 20 Microns demanding 4.7 million rupees

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Vadodara (Baroda) headquartered 20 MICRONS Ltd has said of a shipping logistics service provider having filed legal suit in National Company Law Tribunal (NCLT) Ahmedabad, against the company demanding 4.7 million (46.67 lakh) rupees. However, the Company does not

MY FM (DB Corp) raises radio advertisement rates by 15%

BHOPAL | AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Monday, DB Corp Ltd said of having hiked advertisement rates on radio by 15%, with effect from 15th November, 2018 – Thursday. DB Corp Limited (DBCL), print media company and home to flagship newspapers Dainik Bhaskar,

PVR announces 4 screen multiplex at Anand in Gujarat

ANAND | NEW DELHI | MUMBAI | RAJKOT – New Delhi headquartered theatrical exhibition company owned by Bijli brothers –  PVR Ltd today in an bourse update filing said of having opened 4 screen multiplex at Anand in Gujarat. “We are pleased to inform you the opening of 4 screens multiplex at Maruti Solaris Mall

US FDA issues form 483 to Alembic Pharma’s Panelav facility for oral solids

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory update filed to the Indian Bourses on Friday, Alembic Pharmaceuticals Ltd said of having got their Panelav facility manufacturing general oral solids inspected by US FDA (Food & Drugs Administration) and the regulator having slammed Form 483 to the facility, after inspection. The United States

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