News of State News in Gujarat
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
MARUTI SUZUKI partners with AXIS BANK for easy finance options
NEW DELHI / MUMBAI / AHMEDABAD / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Car major Maruti Suzuki India Ltd said of having partnered with Ahmedabad headquartered Axis Bank Ltd for easy finance options. In a press-release titled, “Maruti Suzuki partners with Axis Bank for
NHAI to Rank Roads on efficiency, highway safety, user services parameters
NEW DELHI / RAJKOT – In a press-release as circulated by Press Information Bureau (PIB) of India, publicity and communications arm of Government India, it read of National Highway Authority of India to undertake ranking process for roads of the nation on efficiency, highway safety and user services parameters. In a press-release titled, “NHAI to
IEX Electricity Mkt trades 4,790 MUs in Jun 2020 up 5% YoY
NEW DELHI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, New Delhi headquartered Electric Utilities sector energy trading platform Indian Energy Exchange (IEX) Ltd while giving a June 2020 numbers said IEX Electricity market traded 4,790 MUs (million units) in June 2020 which is 5% year-on-year increase.
CADILA HEALTH gets Mexican Regulators’s nod to study COVID19 cure drug
AHMEDABAD / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Pankaj Patel led healthcare services providing and healthcare & pharmaceutical product manufacturing Zydus Group’s flagship company Cadila Healthcare Ltd said of having got approval from COFERIS, Mexico to study Desidustat in the management of COVID19. In a press-release
KALPATARU POWER’s Alipurdaur asset sold to ADANI TRANSMISSION
MUMBAI / AHMEDABAD / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered Gautam Adani led Diversified Indian Conglomerate Adani Group’s power transmission arm Adani Transmission and Mumbai headquartered energy Heavy Electrical Equipment manufacturing company Kalpataru Power Transmission Ltd said of both companies having entered into agreement where Kalpataru
NLC India, COAL India form JV Co to develop Solar & Thermal Power assets
CHENNAI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Neyveli (Tamilnadu) headquartered public sector undertaking and power & energy sector government company NLC India Ltd (formerly Neyveli Lignite Corporation Ltd) said of having inked pact with Coal India Ltd to form a joint-venture company to develop solar
EQUITAS SMALL FINANCE BANK launches Video KYC Account
MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Indian bank Equitas Small Bank Finance Ltd said of having launched Video KYC (Know Your Customer) account. In a press-release titled, “Equitas Small Finance Bank Limited launches Video KYC Account”, as attached and enclosed with the regulatory filing
In US, GRANULES PHARMA recalls tablets to control blood-sugar levels
CHANTILLY (VIRGINIA, US) / HYDERABAD / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Hyderabad headquartered Granules India Ltd said of its wholly owned subsidiary and US arm Granules Pharmaceuticals Inc., having issued voluntary nationwide recall in US markets of Metformin Hydrochloride Extended Release Tablets USP, 750 mg
RIL’s JIO Platforms sells 0.39% stake to INTEL CAPITAL for 19 bln INR
MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Intel Capital, investment arm of Intel Corporation having invested 19 billion (~1,894.50 crore) rupees in Jio Platforms inturn acquiring 0.39% equity stake in the Jio
CADILA HEALTH gets DCGI-CDSCO nod for COVID19 vaccine’s human trials
AHMEDABAD / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Pankaj Patel led healthcare service provider and pharmaceutical & wellness products manufacturing Zydus Group’s flagship company Cadila Healthcare Ltd claimed of having successfully completed preclinical development of the company’s vaccine for COVID19 – ZyCoV-D and having received permission
HITACHI ABB Power Grids commences operations
BENGALURU / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Bengaluru headquartered Heavy Electrical Equipment manufacturing company ABB Power Products and Systems India Ltd said of having commenced operations of Hitachi ABB Power Grids Ltd which the company claims its complementary portfolios and technology strengths will ensure continuity,
TCS debuts AI software to help Biz overcome reopening challenges post COVID19
NEW YORK / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Ratan Tata led Diversified Indian Conglomerate Tata Group’s – Information & Technology (IT) Consulting & Software Services providing arm Tata Consultancy Services (TCS) Ltd said of having debut Artificial Intelligence (AI) powered software to help businesses overcome
ALEMBIC PHARMA gets USFDA nod to sell tablets to treat bacterial infections
VADODARA (BARODA) / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Vadodara (Baroda) headquartered pharmaceutical products manufacturing Indian company Alembic Pharmaceuticals Ltd said of having got USFDA (US Food & Drugs Administration) nod to sell tablets to cure bacterial infections. In a press-release titled, “Alembic Pharmaceuticals receives USFDA
MAJESCO announces latest release to its Insurance Data & Analytics Platform
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 company Majesco Ltd announced latest release to the company’s Majesco Insurance Data & Analytics Platform. In a press-release titled, “Majesco Announces Latest Release to the Majesco
CARLYLE inks pact to pick 25% stake in AIRTEL’s Data Centre Biz for $235 mln
NEW DELHI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, New Delhi headquartered Sunil Mittal Bharti led Indian Telecom major Bharti Airtel Ltd said of having inked pact with one of the The Carlyle Group entities for selling 25% stake in its Data Centre business for US$235