News of International News in Gujarat

RIL picks 13% stake in US (Delaware) based tech firm SkyTran

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Wednesday, Reliance Industries Ltd said of its subsidiary company having picked 13% stake in US (Delaware) based personal transportation technology firm SkyTran Inc., paying USD($) 25 million. RIL’s investments aims to foster an exclusive partnership with SkyTran in India. Reliance

RIL acquires stake in DEN Networks, Hathway Cable for JioGigaFibre rollout

MUMBAI | RAJKOT – In a press release submitted to the Exchanges in India on Wednesday, after having released the outcome of board meetings and quarterly earnings data for quarter ended on September 30, Reliance Industries Ltd said of having acquired stake in Den Networks Ltd and Hathway Cable and Datacom Ltd. Reliance Industries Ltd

Zydus Cadila gets US FDA nod to market skin-care ointment

AHMEDABAD | MUMBAI | RAJKOT – In a press release submitted to the exchanges in India on Wednesday, Cadila Healthcare Ltd (Dr Pankaj Patel led Zydus Cadila Group) said of having got approval from US FDA (Food & Drugs Administration) to market skin-care ointment. Zydus Cadila has received the final approval from the USFDA to

Adani hand-shakes with French Energy Major Total, to sell fuel & gas in India

PARIS | NEW DELHI | AHMEDABAD | MUMBAI | RAJKOT – Keeping in view the road infra growth story and the rising middle class consumer in India, French energy major Total S.A. inked pact with Indian conglomerate Adani Group to enter the energy market in India. Both companies aim to develop multi-energy offerings to the

Maruti Suzuki’s Japan-India Mfg Inst in Gujarat, welcomes 2nd batch

MEHSANA | NEW DELHI | MUMBAI | RAJKOT – After recording 100% placement for its first batch, Maruti Suzuki’s Japan—India Institute for Manufacturing (JIM) at Ganpat University in Mehsana, Gujarat welcomed its second batch of 362 students, the company said in a press release submitted to the exchanges in India on Tuesday. JIM is set

Alembic gets US FDA nod to market diet-exercise equivalent pill, for diabetics

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory filing submitted on Tuesday, Vadodara headquartered and Amin family owned Alembic Pharma said of having got approval from US FDA (Food & Drugs Administration) to market diet and exercise equivalent pill for diabetic patients. Alembic Pharmaceuticals Limited today announced that the company has received tentative

Experts Say, “#GujaratExodus may hit the new investments …”

AHMEDABAD | VADODARA | SURAT | RAJKOT – #GujaratExodus, process of workers from Bihar and Uttar Pradesh travelling back to their home, may trigger a situation, which may hit the new investments, especially when the Vibrant Gujarat 2019, Global Investors Summit is around, industry experts from across the state fear the phenomena. Industries which may

Torrent Power wins bid for 115 MW Wind Power Project

AHMEDABAD | MUMBAI | RAJKOT – In an corporate update filed with the Indian Bourses on Wednesday, Torrent Power Ltd said of having won bid for 115 MW wind project, in e-reverse auction process conducted by Solar Energy Corporation of India (SECI) Ltd, on September 25, 2018. The company had bid tariff for proposed capacity

RIL subsidiary acquires 37% stake in US based analytics biz tech start-up Netradyne

MUMBAI | RAJKOT – In an update submitted to the Indian Bourses today, Reliance Industries Ltd said of its subsidiary company having acquired 37% stake in a US (Delaware) based analytics business tech start-up Netradyne paying US$ 8 million (~581 million rupees) subscribing 4 million shares. Reliance Industrial Investments and Holdings Limited (“RIIHL”), the wholly

GHCL launched bedding collection CIRKULARITY, in New York

NEW DELHI | AHMEDABAD | MUMBAI | RAJKOT – In a press-release submitted by GHCL Ltd to the Indian Bourses on Wednesday, the company said of having launched CIRKULARITY, range of bedding in New York Home Fashions Week in USA on September 24. GHCL launches “CIRKULARITY”, a range of bedding that supports the Circular Economy

Vijaya Bank and Dena Bank amalgamate with Bank of Baroda

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory filing submitted by Dena Bank, Vijaya Bank and Bank of Baroda, to the Stock Exchanges in India on Tuesday, all three banks have said of having amalgamated vide the directive from Ministry of Finance, Government of India. The Bank has received a communication from Ministry

Zydus Cadila gets US FDA nod to market osteoporosis, ortho treatment drug

MUMBAI | AHMEDABAD | RAJKOT – Dr Pankaj Patel led and Ahmedabad headquartered Zydus Cadila Group (Cadila Healthcare Ltd) has received final approval from the US regulators to market ortho treatment medicine, the company said in a press release submitted to the Indian Bourses, today. Zydus Cadila has received the final approval from the USFDA

Sun Pharma acquires stake in Israeli Pharma Co paying US$3 million

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses on Monday, Sun Pharmaceuticals Ltd., said of having acquired 18.75% stake in Israeli Pharma company Tarsius Pharma Ltd. One of the wholly owned subsidiaries of the Company has agreed to acquire shares of Tarsius Pharma Ltd, (“Tarsius”), Israel, by

CCI approves Linde-Parxair deal

VADODARA (BARODA) | MUMBAI | RAJKOT – Competition Commission of India (CCI) has approved the merger between Linde AG and Parxair, Inc, Linde India Ltd today said in a regulatory filing submitted to the Linde AG and Praxair, Inc. had jointly made an application to the CCI on 11 January 2018 pursuant to the provisions

Shalby Hospitals partners INDIA BAJA NORTHERN MOTORSPORT 2018

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Friday, Shalby Ltd said of having successfully partenered the INDIA BAJA, a pre-qualifying motosport rally to enter DAKAR rally organized in Africa. Shalby Multi Specialty Hospitals, has became the official medical partner for the event “India Baja Northern