News of Government in Gujarat

Kandla Port acquires 18% stake in Dredging Corp of India

VISHAKHAPATNAM | NEW DELHI | MUMBAI | KANDLA-GANDHIDHAM | RAJKOT – Deendayal Port Trust (aka Kandla Port) has acquired 18% stake in Dredging Corporation of India Ltd acquiring 5 million (~50,40,101) shares, along with other three port trusts including Vishakhapatnam Port Trust, Paradip Port Trust and Jawaharlal Nehru Port Trust (aka Mumbai Port). Vide the

Two Multipurpose berths inaugurated @ Kandla Port

NEW DELHI | KANDLA-GANDHIDHAM | RAJKOT – The Union Minister for Shipping, Road Transport and Highways, Water Resources, River Development and Ganga Rejuvenation Nitin Gadkari inaugurated two multi purpose berths – No.14 & No.16 at Deendayal Port at Kandla through video conferencing, on Friday. He also laid the foundation stone for the Central Inland &

ASHOK LEYLAND (AshLey) bags order for 1,290 buses from Gujarat State

CHENNAI | MUMBAI | GANDHINAGAR-AHMEDABAD | RAJKOT – In a press release submitted to the Indian Stock Exchanges, automobiles major Ashok Leyland Ltd said of having bagged order for 1290 Buses from Gujarat State Roadways Transport Corporation. This order comes closely on the back of 2580 bus orders received from various state transport undertakings recently.

VA TECH WABAG bags 5.75-billion-rupee order vide Namami Gange project

CHENNAI | MUMBAI | RAJKOT – In a press release submitted to the Indian Bourses on Friday, Va Tech Wabag Ltd, a leading water technology company said, of having bagged orders vide Namami Gange project work amounting to 5.75 billion rupees (575 crore). The project is awarded under the prestigious National Mission for Clean Ganga

IAF shoots down one Pakistani F16 fighter jet, MIG 21 BISON crashes, pilot goes Missing in Action

Image of LOCKHEED MARTIN manufactured F16 Fighter Aircraft (Pic Courtesy : Twitter Handle @LMIndiaNews)

NEW DELHI | AHMEDABAD | RAJKOT – Indian Air Force (IAF) shot down one F16 Pakistani Fighter aircraft of Pakistan Air Force, confirms Ministry of Extermal Affairs (MEA) of India. In a mid-air combat between Air Forces of both Nations, Indian Air Force MIG 21 BISON aircraft was reported crashed and one IAF pilot was

London Court dismisses Dredging Corp’s arbitration award appeal against Mercator

MUMBAI | RAJKOT – In a press communication submitted to the Indian Bourses on Monday, Mumbai headquartered shipping company Mercator Ltd said of London Court having dismissed appeal filed by Dredging Corporation of India (DCI) Ltd, regarding the the arbitration award of 500 million (50 crore) rupees, payable to Mercator. According to Mercator press statement,

GTPL bags 12.46 billion rupee order to link 3,767 Gram Panchayats in Gujarat

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update submitted to the Exchanges in India on Friday, GTPL Hathway Ltd said of having bagged BharatNet Phase-II project in the Gujarat to connect 3,767 gram panchayats (village civic bodies) valued at 1,245.77 crore (~12.46 billion) rupees. GTPL Hathway Limited (“the Company”) has been awarded the

ABB bags ₹115 cr transformer order from Ind Rly, Vadodara facility will process IR order

BENGALURU | VADODARA (BARODA) | MUMBAI | RAJKOT – In a press release submitted to the Indian Exchanges on Wednesday, ABB India Ltd said of having bagged 1.15 billion (~115 crore) rupee transformers supply order from Indian Railways. ABB will supply traction transformers for most powerful passenger electric locomotives, which shall be manufactured at Vadodara

Lincoln Pharma invests in renewable energy assets to save on energy cost

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Bourses on Monday, Ahmedabad headquartered Lincoln Pharmaceuticals Ltd said of having invested in renewable energy assets to save on energy cost and improve financials, as well having applied for permission to set-up Active Pharmaceuticals Ingredients (API) manufacturing unit. The Company has

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

Hindustan Oil executes Revenue Sharing pact with Indian Government

VADODARA (BARODA) | MUMBAI | RAJKOT – Vadodara (Baroda) headquartered Hindustan Oil Exploration Company Ltd has executed revenue sharing contract for the oil-block won under open acreage licensing policy of Government of India, the company said in a regulatory filing submitted to the Exchanges in India on October 3, 2018 – Wednesday. HOEC executed the

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

Zydus Cadila keen to set-up mfg facility at Hyderabad, reports Telangana Today

HYDERABAD | AHMEDABAD | RAJKOT – Ahmedabad headquartered and Dr Pankaj Patel led Zydus Cadila Group (Cadila Healthcare Ltd) is keen to establish setting-up a facility in the upcoming Hyderabad Pharma City, Telengana Today reports Quoting Dr Pankaj Patel as told to Telengana Today, the report said of Cadila Healthcare in future to surely look

Hindustan Oil Exploration wins oil block in Assam

VADODARA (BARODA) | MUMBAI | RAJKOT – Vadodara (Gujarat) headquartered Hindustan Oil Exploration Company Ltd has emerged as a successful bidder for an oil block in India vide biddings tendered through an open acreage licensing policy (OALP), the company today said in a press statement submitted to the Indian bourses. HOEC is excited to announce

DATELINE GUJARAT EXCLUSIVE | Guj Gov to make POLICY LEVEL announcement in 10 Days pertaining to illegal immigrant workers in state

RAJKOT – Post raid operations conducted in RAJKOT city over more than 12 SPA MASSAGE CENTERS unearthing 46 illegal immigrant workers employed at such workplaces, Gujarat government is all set to make an important announcement in this direction, admitted Gujarat State Home Minister Pradipsinh Jadeja, on sidelines of a presser event organized today, at Circuit

J Kumar Infra bags 900-million-rupee civil work for AHMEDABAD Metro’s 3 Pockets

MUMBAI | RAJKOT – In a regulatory filing submitted on Wednesday to the Stock Exchanges in India, Mumbai headquartered J Kumar Infraprojects Ltd., said of having bagged civil construction works for 3 pockets of Ahmedabad-Gandhinagar Metro Project. Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) Company Ltd’s variation order for construction of balance civil and engineering