News of Investment in Gujarat

SANAKA CAPITAL and other to invest upto US$ 75 mln (~5.25 bln INR) in EDELWEISS GROUP

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered financial services providing company Edelweiss Financial Services Ltd said of Sanaka Capital and others will invest upto US$ 75 million (~5.25 billion INR) into Edelweiss Group. The press-communication as addressed by the company to the Indian

BHARAT FORGE to invest US $56 mln in North Carolina (US) for a new facility

PUNE | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Pune headquartered forging and industrial products manufacturing major Bharat Forge Ltd said of its US Subsidiary investing US $56 million in a greenfield forging and machining facility in North Carolina for aluminium processing. In an update submitted

TVS Motor SGP inks pact to invest $32.2 mln in US based AI software firm

SINGAPORE | CINCINNATI (US) | CHENNAI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory submission to the Indian Stock Exchanges over a weekend on Saturday, Chennai headquartered Indian Auto Major TVS Motor Company Ltd said of having inked a pact to invest USD $32.2 million (~225.4 Crore INR ~2.25 Billon INR) in a

Trident approves 2.22-bln-rupee inv to add 20k MTPA prod cap to its Dhaula Unit

SANGHERA | LUDHIANA | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Punjab headquartered Trident Group’s Board said of having given nod to 2.22 billion (~222 crore) rupees investment to increase Dhaula based paper manufacturing unit’s existing annual production capacity by 20,000 tons per annum. The proposed

Raymond ventures into real estate development through Raymond Realty

MUMBAI | RAJKOT – In a regulatory press-release statement submitted to the Indian Bourses, textiles & apparels major Raymonds Ltd said of entering into realty space. The company, Raymond ventures into real estate development through Raymond Realty Plans an ‘Aspirational District’ with 3000-units project in Phase 1. Project to be delivered with a timeline of

Cybertech Systems & Softwares invested $0.2 million in an overseas subsidiary

MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges on Friday, Mumbai based Cybertech Systems & Softwares Ltd said of an Overseas Direct Investment (ODI) made on March 28, 2019 in Spatialitics LLC, Delaware, USA (“Spatialitics”), wholly owned subsidiary of the Company amounting to USD $200,000. Spatialitics specializes in providing Spatial

Cox & Kings owned MEININGER Hotels is coming to Stuttgart (Germany)

MUMBAI | RAJKOT – In a regulatory update statement submitted to the Indian Bourses, Cox & Kings owned MEININGER Hotels is coming to Stuttgart, said the company. Cox & Kings owned MEININGER Hotels signed a contract with a German property developer for a new project in Stuttgart. From 2021 onwards, the hotel group will be

Tata, GIC (Singapore) and SSG Capital Mgmt propose to invest 80 billion INR in GMR Infra’s Airport Biz

MUMBAI | RAJKOT – In a press release submitted to the Indian Stock Exchanges on Wednesday, GMR Infrastructure Ltd announced proposed Investment of Rs. 8,000 crores (80 billion) by Tata Group, GIC and SSG Capital Management in its Airports Business. For more details, click the link, given here : https://buff.ly/2TXUrHc   Follow DATELINE GUJARAT On :-Facebook, Google+, Linkedin, Twitter, YouTube SHARE THIS NEWS

Rane Group Board approves $20 million investment in US subsidiary

CHENNAI | MUMBAI | RAJKOT – Rane (Madras) Ltd’s  board of direclors of the Company at its meeting held on Thursday i.e., March 21, 2019 inter-alia has approved enhancement in investments upto USD $20 million in Rane Precision Die Casting Inc., USA (RPDC), Step Down Subsidiary. For more details click the link given here :

RIL invests in a newly incorporated realty & infra entity

MUMBAI | RAJKOT –  In a regulatory filing submitted to the Exchanges in India on Friday, Reliance Industries Ltd said of having invested Rs 5,00,000 (5 lakh ~ 0.5 million) in cash in 50,000 equity shares of Rs. 10 each of “Reliance Navi Mumbai Infra Limited” (RNMIL), a newly incorporated entity. RNMIL is incorporated with

“Those who visit India regularly, will feel a change,” – India PM Narendra Modi

MAHATMA MANDIR [GANDHINAGAR] – Prime Minister Narendra Modi inaugurated the 9th edition of Vibrant Gujarat Summit at Mahatma Mandir Exhibition cum Convention Centre in Gandhinagar today. Giving an account of the measures the present day National Democratic Alliance (NDA) government has undertaken to improvize the state of economy of nation, India Prime Minister Narendra Modi said, “who

Suzuki’s second plant in GUJARAT to start soon : Toshihiro Suzuki

MAHATMA MANDIR (GANDHINAGAR) – In his address to august gathering at MAHATMA MANDIR venue foe VIBRANT GUJARAT 2019, Global Investors Summit, Suzuki Motor Corporation’s President Toshihiro Suzuki said of starting second plant of Maruti Suzuki soon in Gujarat. In a press release issued on January 18, 2019 the company had already said of having kicked-off ops

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

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

RIL subsidiary acquires 37% stake in US based analytics biz tech start-up Netradyne

MUMBAI | RAJKOT – In an update submitted to the Indian Bourses today, Reliance Industries Ltd said of its subsidiary company having acquired 37% stake in a US (Delaware) based analytics business tech start-up Netradyne paying US$ 8 million (~581 million rupees) subscribing 4 million shares. Reliance Industrial Investments and Holdings Limited (“RIIHL”), the wholly

Borosil makes 175-million-rupee additional investments in 2 subsidiary companies

MUMBAI | RAJKOT – Borosil Glass Works Ltd informed the exchanges in India of company having made 175-million rupee additional investment in two subsidiary companies, the company’s regulatory filing today said. The Company invested 149 millon rupees (~14 crore 92 lakh 95 thousand 9 hundred 8 rupees and 42 paisa) by way of subscription to

Do NOT follow this link or you will be banned from the site!