Last Updated : Friday, July 10, 2020 20:43:52

News of Updates in Gujarat

BASF INDIA Board nods acquisition of BASF PERFORMANCE POLYAMIDES INDIA

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Specialty Chemicals’ manufacturing multinational’s Indian arm BASF India Ltd said of the company board having given the nod for acquisition of 100% stake in BASF Performance Polyamides India Pvt Ltd (formerly known as Rhodia Polymers & Specialties India Pvt Ltd).

UNICHEM LABS gets USFDA nod to sell tablets to treat pain, spasms

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered pharmaceutical products manufacturing Indian company UNICHEM LABORATORIES LTD said of having got USFDA (US Food & Drugs Administration) nod to sell medicines to cure pain, spasms and muscular rigidity. In a press-release as attached and enclosed with the

S. CHAND AND Co. settles 100 million rupees financial liabilities

NEW DELHI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, New Delhi headquartered publishing house S. CHAND AND COMPANY LTD said of having settled financial liabilities worth 100 million (~10 crore) rupees vide the arbitration proceedings settlement with Atul Kumar Gupta over alleged breach of certain non-compete

GAIL to invest in Start-Ups operating in areas of Compressed Bio Gas

NEW DELHI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, New Delhi headquartered Non-Electric Utilities sector national enterprise,  Oil-Gas arm of Government of India and a public sector undertaking company GAIL Ltd said to invest in start-ups operating in the areas of Compressed Bio Gas, Solicitation Round

INDUSIND launches redesigned website to enhance customer experience

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered private sector bank IndusInd Bank said of having launched redesigned website with an intent to enhance customer experience. In a press-release titled, “IndusInd Bank launches redesigned website to enhance customer experience”, as attached and enclosed with the regulatory

Celent Recognizes MAJESCO with XCelent Award

MORRISTOWN (NEW JERSEY, US) / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Information Technology (IT) Consulting & Software services providing Indian company Majesco Ltd said of have been recognized  with XCelent Award for depth of Service in the North American Policy Administration Systems 2020. In

HEXAWARE launches COCO, Unified Team Bots for Return to Workplaces

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Navi Mumbai headquartered IT Consulting & Software services providing Indian company Hexaware Technologies Ltd said of having launched COCO – Unified teams bot for improved employee experiences and seamless return to workplaces. In a press-release titled, “Hexaware Launches COCO-Unified Teams

ZENSAR TECH featured in ISG’s 2020 Digital Case Studies Book

SAN JOSE (USA) / PUNE / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Pune headquartered IT Consulting & Software services providing arm of RPG Group – Zensar Technologies Ltd said of having featured in ISG’s 2020 Digital Case Studies Book and the company was recognized as case

FLIPKART buys minority stake in ARVIND FASHIONS for 2.6 bln rupees

BENGALURU / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Sanjay Lalbhai led Ahmedabad headquartered Arvind Group’s Bengaluru headquartered Other Apparels & Accessories manufacturing arm Arvind Fashions Ltd said of online retail Indian major Flipkart having strengthened its partnership with the company acquiring significant minority stake by investing

BHEL commissions World’s First Solar PV Plant for Rail Traction Application

NEW DELHI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, New Delhi headquartered Heavy Electrical Equipment manufacturing arm of Indian Government and a Public Sector Undertaking company Bharat Heavy Electricals Ltd (BHEL) said of having successfully commissioned World’s first Solar PV Plant for Rail Traction Application. In

HITACHI ABB POWER bags 1.2-bln-rupee electrification order from INDIAN RLYS

BENGALURU / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Bengaluru headquartered Heavy Electrical Equipment manufacturing multinational ABB Group’s India arm ABB Power Products and Systems India Ltd said of its joint-venture company Hitachi ABB Power Grids India having bagged 1.2 billion (~120 crore) rupees order from Indian

COMM TAX DEPT slams 460.1 mln demand notice to BASF INDIA

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Specialty Chemicals multinational BASF Group’s Indian Arm BASF India Ltd gets notice from Commercial Tax Department demanding 460.1 million (~46.01 Crore) rupees towards tax recovery for treating the stock transfers of its Mangalore plant as interstate sales to dealers. The

KARUR VYSYA BANK partners with TATA MOTORS to offer car loans

KARUR / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Karur (Tamilnadu) headquartered The Karur Vysya Bank Ltd said of having partnered with Tata Motors to offer car loans to customers at attractive terms. In a press-release titled, “Karur Vysya Bank partners with Tata Motors to offer car

STRIDES PHARMA gets USFDA nod to sell medicine to treat tension, headache

BANGALORE / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Bangalore headquartered pharmaceutical products manufacturing Indian company Strides Pharma Sciences Ltd said of having got nod from USFDA (US Food and Drugs Administration) to sell medicine to treat tension (or muscle concentration) and headache. In a press-release titled,

THE PHOENIX MILLS kicks-off PHOENIX PALASSIO (Shopping Mall) @ Lucknow

LUCKNOW / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered realty sector major player The Phoenix Mills Ltd said of having opened the doors of its grand palatial shopping mall, Phoenix Palassio in Lucknow (Uttar Pradesh). In the press-release titled, “The Phoenix Mills Ltd. opens doors

BHARAT FORGE launches Health Risk Monitoring System (HRMS)

PUNE / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Pune headquartered Other Industrial Products manufacturing Indian company Bharat Forge Ltd said of having launched Health Risk Monitoring System (HRMS), an Artificial Intelligence based solution that enables companies and institutions to comply with MHA (Ministry of Home Affairs)

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