News of NEWS IN ENGLISH LANGUAGE in Gujarat

LAURUS LABS acquires 100% stake in SOUTH AFRICAN pharma company

VISAKHAPATNAM | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Visakhapatnam (Andhra Pradesh) headquartered pharma company Laurus Labs Ltd said of having acquired 100% stake in a subsidiary company of South Africa based Aspean Pharmacare. The company update as submitted to the Indian Bourses read that, Laurus Labs

BOSCH POWER TOOLS activates Cordless Experiential Mobile Vans

BANGALORE | AHMEDABAD-GANDHINAGAR | RAJKOT – Bosch Power Tools India, a front runner in the power tools market segment that caters to construction, woodworking and metalworking industry, is set to amplify its consumer experience by enabling users to get hands on experience of the cordless range through mobile van demonstration vehicles. An extension of the

TALCHER FERT’s coal gassification project goes to Chinese Co WUHUAN ENGG

NEW DELHI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release issued by Press Information Bureau (PIB) of Government of India, it said that Lump Sum Turn Key (LSTK) contract for Coal Gasification Plant PF Talcher Fertilizers Limited was awarded to M/s Wuhuan Engineering Co. Ltd, China as a part of measures to revival closed

SHINE.COM expands its client base, adds FUJITSU CONSULTING to its portfolio

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – Shine.com, India’s 2nd largest job search portal has been making significant waves in the country’s recruitment space. Adding another feather to its cap, the fastest-growing job portal has brought on board the world’s 7th largest IT services company, Fujitsu Consulting India, to its client base. With this, Fujitsu will

NCLT nods merger of MAHINDRA DEFENCE NAVAL with MAHINDRA DEFENCE

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered automobiles major Mahindra & Mahindra Ltd said of having got nod from National Company Law Tribunal (NCLT) to merge subsidiary company Mahindra Defence Naval Systems Ltd with Mahindra Defence Systems Ltd. The company update as filed on

BHARAT FORGE to invest US $56 mln in North Carolina (US) for a new facility

PUNE | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Pune headquartered forging and industrial products manufacturing major Bharat Forge Ltd said of its US Subsidiary investing US $56 million in a greenfield forging and machining facility in North Carolina for aluminium processing. In an update submitted

(ADAG) RCOM’s US based subsidiary GLOBAL CLOUD XCHANGE goes bankrupt

NEW YORK | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release submitted to the Indian Stock Exchanges, Mumbai headquartered Anil Dhirubhai Ambani Group (ADAG) owned Reliance Communications Ltd’s subsidiary company Global Cloud Xchange filed voluntarily for Chapter 11 (as per the United States Bankruptcy Code) in US with support from more than 75% of

SEBI bars CG POWER Chariman GAUTAM THAPAR from accessing equity mkts

Market Regulators learnt of investigating the company further

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered Heavy Electric Equipments company CG Power and Industrial Solutions Ltd said of Securities Exchange Board of India (SEBI) ordered ban on the company’s chairman Gautam Thapar, other group entities and couple of company directors from accessing securities

GHCL launches REKOOP 2.0 bedding concept in New York

NEW YORK | NOIDA | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Stock Exchanges, Noida (Uttar Pradesh) headquartered GHCL Ltd said of having launched bedding textiles range REKOOP 2.0 at New York in US. Press-release as submitted by the company to the Indian Bourses titled – “GHCL launches

JITF INFRALOGISTICS divests 49% stake in JWIL INFRA, to a promoter group co

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, New Delhi headquartered Jindal Group Companies’ infra-logistics arm – JITF INFRALOGISTICS LTD said of one of its subsidiary company having entered into share purchase agreement to divest 49% stake in JWIL Infra Ltd to another promoter

GUJARAT ALKALIES completed 20 MW Solar Power installations @ CHARANKA

VADODARA (BARODA) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Vadodara (Baroda) headquartered specialty & commodity chemical manufacturing arm of Gujarat State Government – Gujarat Alkalies and Chemical Ltd (GACL) said of having completed 20 MW solar power plant at Charanka (in north Gujarat region of

APTEL directs RAJASTHAN based DISCOMS to pay compensation to ADANI POWER

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Ahmedabad headquartered Adani Group’s power arm Adani Power Ltd said of APTEL (Appellate Tribunal for Electricity) having issued judgement allowing the claim for compensation for non-availability / shortage of coal linkages vide power purchase agreements for 1,200 MW signed

ETHOS shuts Chandigarh outlet, opens HUBLOT BOUTIQUE in Mumbai

CHANDIGARH | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update filed with Indian Stock Exchanges, Chandigarh headquartered KDDL Ltd said of its subsidiary company ETHOS LTD having opened one outlet at Mumbai and shut its Chandigarh outlet. The filing submitted by the company to the Indian Bourses read that, company’s subsidiary – Ethos

TATA ELXSI helps NOS (Portugal) to build its first ever RDK-B DOCSIS 3.1 Router

BENGALURU | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a company press release submitted to the Indian Stock Exchanges, Indian software major Tata Elxsi Ltd said of helping Portugal headquartered NOS to build its first ever RDK-based DOCSIS 3.1 router. Press-release as submitted by the company to the Indian Bourses titled – “Tata Elxsi helps

FOCUS SOFTNET adopts TATA COMMUNICATION’s IZO™ Cloud Platform

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release submitted to the Indian Stock Exchanges, Mumbai headquartered telecommunications Indian major Tata Communications Ltd said of Dubai headquartered Focus Softnet having adopted Tata Comm’s IZO™ Cloud Platform with an intent to accelerate global business expansion plans. The press-release as submitted by the company to the Indian Bourses

INFOSYS inaugurates Arizona Technology and Innovation Centre

PHOENIX (ARIZONA – US) | BENGALURU | MUMBAI | AHMEDABAD-GANDINAGAR | RAJKOT – In a press-release submitted to the Indian Stock Exchanges, Bengaluru headquartered Indian information technology major Infosys Ltd said of having started Technology & Innovation Center at Phoenix in Arizona State of US. The press-release as addressed by the company to the Indian