Last Updated : Thursday, March 12, 2020 20:41:35

News of International Trade | Exports | Imports in Gujarat

GE POWER INDIA terminates Contract with NAVYUGA ENGG

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Global Diversified Multinational GE’s Indian Power arm – GE Power India Ltd said of having terminated 8.18 billion (~818.3 crore) contract with Navayuga Engineering Company Ltd (NECL) due to prolonged suspension of work by NECL, without any virtual

L&T constructs World’s Largest Cricket Stadium @ MOTERA (AHMEDABAD)

AHMEDABAD / MUMBAI / RAJKOT – In a regulatory filing as submitted by the company to the Indian Stock Exchanges, Mumbai headquartered Construction Engineering multinational Larsen & Toubro Group’s Indian arm L&T Ltd said of having constructed world’s largest cricket stadium at Motera in Ahmedabad, which played host for the event witnessed by 100,000 people

KEC INTERNATIONAL acquires power transmission tower mfg facility in Dubai

MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Heavy Electrical Equipment manufacturing company KEC International Ltd said of having acquired power transmission tower manufacturing asset in Dubai for an undisclosed amount, the acquired facility has installed manufacturing capacity of 50,000 tons per annum and was acquired

ADANI ELECTRICITY completes 1st ever USD Bond issuance, raising USD $1 bln

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered Indian Diversified Conglomerate Adani Group’s Transmission arm – Adani Transmission Ltd said of its wholly owned subsidiary Adani Electricity Mumbai Ltd to have completed first ever US Dollar Bond issuance raising US Dollars $1 billion. For

EMAMI sells its Cement biz to NIRMA Group Co for 55 bln rupees

KOLKATA | AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Kolkata headquartered personal care products manufacturing Indian company Emami Ltd said of having entered into binding agreement with Nuvoco Vistas Corporation Ltd (part of Ahmedabad headquartered Dr. Karsanbhai Patel led Nirma Group) for sale of its

After exporting Hermes900, ADANI-ELBIT JV will export Mini UAVs

LUCKNOW | HYDERABAD | AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered Indian Diversified Conglomerate Adani Group’s flagship company Adani Enterprises Ltd said of shown readiness to export mini unmanned aerial vehicle (UAV) systems through its joint-venture company Adani Elbit Advanced Systems India Ltd.

BOSCH showcases personalized range of advanced solutions for smarter mobility

NEW DELHI | BANGALORE | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Bangalore headquartered auto part and equipment manufacturing multinational major BOSCH’s India arm Bosch Ltd said of having showcased a personalized range of advanced solutions for smarter mobility for BS VI compliant vehicles at Auto Expo

INDIA’s RICE EXPORTS may fall by 18-20% in FY20, says DRIP CAPITAL

MUMBAI | RAJKOT – In a press-release issued by US based trade finance company Drip Capital, it said of India’s rice export likely to fall by 18-20% in Financial Year 2019-20, primely due to geo-political situations mainly in the Middle East which the silk route for trading commodities, tighter trade norms which puts pressure on

HAL inks pact with Israeli Co, for Vertical Take-Off Landing UAV @ DefExpo 2020

LUCKNOW | BANGALORE | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Bangalore headquartered Aeronautics arm of Indian Government and a public sector undertaking company Hindustan Aeronautics Ltd said of having inked pact with Israeli company at assessing the feasibility of a joint-development of a vertical take-off and landing (VTOL)

HAL inks pact for UAVs with Israeli and Indian Co @ DefExpo 2020

LUCKNOW | BANGALORE | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Bangalore headquartered Indian Government’s aeronautics arm and a Public Sector Undertaking company Hindustan Aeronautics Ltd said of having inked pact with Israeli and Indian Company for marketing, manufacturing and selling Unmanned Aerial Vehicles (UAVs) manufactured by

BHARAT HEAVY ELECTRICALS (BHEL) bags hydroelectric project order in NEPAL

NEW DELHI | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Government’s Heavy Electrical Equipment manufacturing arm and a public sector undertaking Bharat Heavy Electricals Ltd said of having bagged Hydroelectric power project order in Nepal, for an undisclosed amount and undisclosed time for

L&T MBDA Missile Systems’ Missile Integration Facility on in Tamil Nadu

MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered diversified Indian infrastructure major Larsen & Toubro Ltd., said of having switched-on its missile integration facility in Tamil Nadu spread across 16,000 square meters at Coimbatore SEZ (Special Economic Zone) which forms a part of Tamil Nadu Defence Industrial

ARVIND writes-off 350 million INR, following withdrawal of Exports incentive

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered Indian Textiles major Arvind Ltd said of having written off 350 million (~35 crore) rupees following notification of Textiles Ministry in India, mentioning withdrawal of exports incentive scheme. The update as submitted by the company to

“No Imports in “OTHERS” category without HSN Code”, says CommMin

NEW DELHI | RAJKOT – In a press-release issued by Press Information Bureau (PIB) of India, press & publicity arm of Indian Government, it read that no imports henceforth will be allowed in “others” category without any HSN Code, with the new era of quality production being established in India, Government aims to support industry

INDIAN Coal Ministry Releases Discussion Paper on Auction of Coal Mines

NEW DELHI | RAJKOT – In a press-release issued by Press Information Bureau (PIB) of India – press & publicity arm of Indian Government, it read of the Coal Ministry under Government of India having released discussion paper on auction of Coal Mines for sale of coal, specifically highlighting the auction of coal mines expected

PERSISTENT SYSTEMS and Fintech help Credit Unions in UK, go digital

LONDONG (UK) | SANTA CLARA (CALIFORNIA, US) | PUNE | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Pune headquartered information technology services company Persistent Systems Ltd alongwith financial technologies (fintech) platform leader Gojoko announced joint offering – The Community Lenders Gô Digital®, which will help the credit unions

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