News of Manufacturing in Gujarat

Ghaziabad headquartered Goodluck India kicks-off Kutch facility

GHAZIABAD | MUMBAI | RAJKOT – Ghaziabad headquartered Goodluck India Ltd (formerly Good Luck Steel Tubes Ltd) announced of having kicked-off commercial operations at its Kutch facility, adding the production capacity by 72000 MTPA (metric tonnes per annum), the company filing said. The new facility has been commissioned and started its commercial production with effect from

Adani Enterprises Director Berjis Desai quits

AHMEDABAD | MUMBAI | RAJKOT – Adani Enterprises Ltd today informed stock exchanges in India regarding one of their Directors having tendered his resignation. Berjis Desai has tendered his resignation as Director of the Company w.e.f. 25th June, 2018  due to his pre-occupation, the company filing said. Follow DATELINE GUJARAT On :- Facebook, Google+, Linkedin, Twitter, YouTube  SHARE THIS NEWS ON

Apparel Exports for April-2018 down 23% YoY, says AEPC

NEW DELHI | GURGAON | AHMEDABAD | RAJKOT – India’s apparel exports has dipped 23% approximately (22.76 % to be precise) for the month of April 2018 as against the corresponding month of April 2017, as per the latest trade data, the press release from Apparel Export Promotion Council said. SLOWING GLOBAL DEMAND HITS EXPORTS

Despite of reporting a strong topline, Reliance Defence reports net loss of 1.4 bn rupees for Q4 (Jan-Mar) 2016-17

PIPAVAV (RAJULA) | MUMBAI | AHMEDABAD | RAJKOT – Despite strong topline, Reliance Defence and Engineering Ltd reported net loss of 1.4 billion (140 crores) rupees for quarter ended on March 31, 2017 due to significant rise in total expenditure, finance cost and erosion in tax credits.  The company had reported profit of 1.02 billion

Beating global bidders, Rajesh Exports bags 8.87-bn-rupee jewellery exports order from UAE

BANGALORE | MUMBAI | AHMEDABAD | RAJKOT – Rajesh Exports Ltd got an exports order from well established and prestigious global white label importer from United Arab Emirates (UAE) valued at 8.87 billion (887 crore) rupees, scheduled to be completed by July 2017, the company press release said. “The order has been procured beating global

Tribhovandas Bhimji Zaveri opens 32nd store ‘TBZ-The Original’ at Ranchi in Jharkhand

RANCHI | MUMBAI | AHMEDABAD | RAJKOT – Tribhovandas Bhimji Zaveri Ltd opens 32nd store ‘TBZ-The Original’ at Ranchi – the capital city of Jharkhand state, Ranchi showroom is the is the latest in East after the company having showrooms at Kolkotta, Patna, Jamshedpur and Dhanbad, the company statement said.  TBZ-The Original opening at Ranchi

Emmbi inaugurates world’s widest width pond lining facility at Silvassa

SILVASSA-DADRA NAGAR HAVELI | MUMBAI | AHMEDABAD | RAJKOT – Emmbi Industries Ltd inaugurated what is claimed by the company without specifying any dimensions as world’s widest pond lining facility at Silvassa, woven sack material used to cover ponds mainly having applications in aqua-culture trade, this pond liners are manufactured under the brand name ‘Jalsanchay’,

Britannia to sell ready to eat croissants, forms joint venture with a Greek company

MUMBAI | AHMEDABAD | RAJKOT – Britannia Industries Ltd has formed a joint-venture company in 60:40 ratio with Greek confectioner and baker – Chipita SA with a lock-in period for 10 years, to serve ready to eat croissants and other products as agreed upon by both players, Britannia and Chipita together will invest 1 billion

Pincon Spirits acquires fleet of 100 vehicles from Tata Motors

KOLKOTTA | MUMBAI | AHMEDABAD | RAJKOT – Pincon Spirits Ltd has acquired fleet of 100 goods transport vehicles from Tata Motors Ltd for increasing its captive logistics infrastructure, the company statement said. With ongoing implementation of West Bengal State Beverages Corporation Ltd in financial year 2017-18 (Apr-Mar), the company believes that by adding on

AB Nuvo shareholders to meet on April 10 at Veraval (Gujarat) to give nod to AB Nuvo, Grasim Ind merger

VERAVAL | MUMBAI | AHMEDABAD | RAJKOT – Meetings of the Equity Shareholders, Secured Creditors and Unsecured Creditors of Aditya Birla Nuvo Ltd is scheduled to on 10th April, 2017 at Auditorium in Indian Rayon Compound located at Veraval in Gujarat State, the registered office of Aditya Birla Nuvo Ltd, the company update said. E-Voting

Workers, Contractors take social media route to recover 1-bn-rupee dues from Reliance Defence

PIPAVAV-RAJULA | RAJKOT – More than 3,000 contractual workers and 200 plus contractors from Rajula-Pipavav (in Amreli District of Gujarat State) have taken a very novel route of social media and digital platform to protest for recovery of 1 billion (90 crore) rupees due from Reliance Defence and Engineering Ltd (formerly Pipavav Defence Engineering Offshore

STOCK RADAR : Kolte Patil, Century Textiles, D-Link looks bullish technically

MUMBAI | AHMEDABAD | RAJKOT – Indian indices and equity markets are trading in bull-mode and sound bullish, fundamentally and technically. However technicals are sounding good for Kolte Patil Developers, Adani Ports, Century Textiles. A note of cuation and warning comes for Karnataka Bank shares ‘EXIT‘ if the stock cracks below 110 rupee levels, Ahmedabad

Reliance Industries Q3 (Oct-Dec) consolidated net profit up by 3% YoY, Gross Refining Margin dents

MUMBAI | AHMEDABAD | RAJKOT – Consolidated net profit of Reliance Industries Ltd for quarter ended on December 31 shot up marginally by 3% year-on-year at 75.67 billion rupees from 73.26 billion rupees, mainly due to sharp rise in topline and other income. Net sales of the company for the period under review broadened 16%

Eight Edition of Vibrant Gujarat, Global Investors Summit – 2017 hits 25,578 MoUs, for undisclosed amount

Camp : MAHATMA MANDIR (GANDHINAGAR) – In Eight Edition of Vibrant Gujarat, Global Investors Summit 2017 over three days sessions, 25,578 Memorandums (Memorandum of Understanding – popularly termed as MoU) were inked, Deputy Chief Minister Nitin Patel announced the figure without disclosing the final amount attracted for investment in state of Gujarat vide 25,578 inked

India will soon get to taste Polish Apples

Camp : MAHATMA MANDIR (GANDHINAGAR) – India may get the taste of Polish Apples soon, as the bureaucratic formalities barring import of Polish apples to India has been resolved, Piotr Gliński, Poland Deputy Prime Minister told reporters here. Gliński was interacting media over the proposed memorandum of association the country representative will ink in Vibrant