News of International News in Gujarat

#DLG PollVault | BJP Gears for LokSabha Election 2019, announces list of incharge for 18 territories

NEW DELHI | RAJKOT – In a press communication announced today evening by Bharatiya Janta Party (BJP), the party has announced names of incharges for 18 territories, including Andhra Pradesh, Assam, Bihar, Chhattisgarh, Gujarat, Himachal Pradesh, Jharkhand, Madhya Pradesh, Manipur, Nagaland, Odisha, Punjab, Rajasthan, Sikkim, Telangana, Uttarakhand, Uttar Pradesh and Chandigarh. Om Prakash Mathur, retains

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),

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

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

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

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