News of Infrastructure in Gujarat

US FDA issues form 483 to Alembic Pharma’s Panelav facility for oral solids

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory update filed to the Indian Bourses on Friday, Alembic Pharmaceuticals Ltd said of having got their Panelav facility manufacturing general oral solids inspected by US FDA (Food & Drugs Administration) and the regulator having slammed Form 483 to the facility, after inspection. The United States

NCLT nods scheme arrangement for Arvind Group companies

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Arvind Ltd said of having got nod from NCLT for scheme of arrangement between Arvind Ltd, Arvind Fashions Ltd, Anveshan Heavy Engineering Ltd and The Anup Engineering Ltd. Today the Hon’ble National Company Law Tribunal, Bench at Ahmedabad (“NCLT”) has

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

Indian Coast Guard launches ICGS VARUNA at Reliance Naval (Pipavav)

PIPAVAV (AMRELI) – Indian Coast Guard’s trainning vessel ICGS VARUNA was launched today from Reliance Naval and Engineering Ltd’s (RNEL) Shipyard here. The primary role of the vessel is to impact basic sea training to the under trainee officers of Indian Coast Guard along with their Naval counterparts. While on-board on ICGS VARUNA under trainee officers

USFDA successfully inspects Alembic’s JV facility Aleor Derma

VADODARA (BARODA) | MUMBAI | RAJKOT – In a press release submitted to the Exchanges in India on Monday, in wee hours before the trading session kicked-off on the Indian Bourses, Alembic Pharmaceuticals Ltd said of Aleor Dermaceuticals Ltd’s facility, getting successfully inspected by USFDA. Aleor Dermaceuticals Ltd. (Aleor), a 60:40 Joint Venture between Alembic

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

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

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

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

INOX Leisure commences 132nd Multiplex in India at Bengaluru

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory filing submitted on Friday, Inox Leisure Ltd said of having commenced commercial operations of Multiplex at Yelahanka area in Bengaluru. The Company has commenced the Commercial Operations of a Multiplex Cinema Theatre taken on Lease basis, located at INOX Leisure Limited, 2 nd Floor, RMZ

Adani floats subsidiary company to store foodgrains at Darbhanga (Bihar)

AHMEDABAD | MUMBAI | RAJKOT – Adani Enterprise Ltd said of having formed agri logistics company chiefly a foodgrain storage silos company at Darbhanga in Bihar, the company said in regulatory filing submitted to the exchanges in India on Wednesday. Company has incorporated a wholly owned subsidiary namely, “Adani Agri Logistics (Darbhanga) Limited” (“AALDL”) on 10th

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

JMC Projects bags 5.14 billion rupees new orders from AP, Telangana, Odisha

AHMEDABAD | MUMBAI | RAJKOT –  In a press release submitted to the exchanges in India on Tuesday, JMC Projects said of having bagged 5.14 billion (~514 crore) rupees new projects from Andhra Pradesh, Telangana and Odisha. JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs.

Sadbhav Infra wins 1.10 billion rupees award from NHAI towards arbitration & annuity

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted by Sadbhav Infrastructure Project Ltd to the Indian Bourses, on Monday, after the trading session was over, the company said of its subsidiary having won arbitration award amounting to 1.10 billion (~110.50 crore) rupees from National Highway Authority of India (NHAI). NSEL, subsidiary of