News of Transportation in Gujarat

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

TaMo July 2018 Sales ends on positive curve, reports 21% growth YoY

MUMBAI | RAJKOT – Tata Motors Ltd reported July 2018 sales data, which company claims of have grown 21% year-on-year registering sales of 51,896 units in a combined product portfolio of commercial vehicles and passenger vehicles including domestic market sales data and export numbers. In July 2018, the auto industry faced challenges with the new

Maruti Suzuki recalls 1,279 vehicles of Swift, New DZire models following Airbag faults

Since its launch in 2005, cumulatively Swift has sold over 1.89 million units in India

NEW DELHI | MUMBAI | RAJKOT – Maruti Suzuki India Ltd will proactively and voluntarily undertake a Recall for new Swift and new Dzire models to inspect for a possible fault in the Airbag Controller Unit, the company today said in a press release issued in customer interest and submitted to the Exchanges in India.

India’s Adani and Japan’s NYK ink pact to form rail logistics venture to transport cars

NEW DELHI | AHMEDABAD | MUMBAI | RAJKOT – Adani Logistics Ltd (ALL), a subsidiary of Adani Ports & SEZ Ltd has  inked an agreement with NYK Auto Logistics (India) Private Ltd. (NALI) to form a joint venture company which specializes in transportation of finished vehicles using Automobile Freight Trains, and concluded an agreement for the

Indian Gov Cruises over Cruise Tourism Policy, MUMBAI to Hub Cruise Tourism

NEW DELHI | MUMBAI | RAJKOT – Nitin Gadkari, Minister of Shipping, Road Transport & Highways, Water Resources, River Development & Ganga Rejuvenation chaired an interactive session of various stakeholders of the travel and tourism trade in Mumbai last week, to formulate an action plan for realizing the full potential of Cruise Tourism in the

GE Shipping gets delivery of secondhand Aframax Crude Carrier ‘Jag Leela’

MUMBAI | AHMEDABAD | RAJKOT – The Great Eastern Shipping Company Ltd has taken the delivery of second-hand Aframax Crude Carrier vessel ‘Jag Leela’ of 105,525 DWT (deadweight tonnage), for which the company had contracted to buy same in November 2016, the company press release said. With inclusion of ‘Jag Leela’ the company’s current fleet

Reliance Defense delivers Panamax Bulk Carrier vessel “Sea Amber” to international shipping company

PIPAVAV-RAJULA (AMRELI) | MUMBAI | AHMEDABAD | RAJKOT – Anil Dhirubhai Ambani Group (ADAG) owned Reliance Defence and Engineering Ltd (formerly Pipavav Defence and Offshore Engineering Company Ltd) has successfully delivered ‘Sea Amber’ Panamax Bulk Carrier vessel to one of the largest international shipping company today, which is one of the largest bulk carrier of

Suzlon Energy achieves 10k MW wind energy installation milestone in India

PUNE | MUMBAI | AHMEDABAD | RAJKOT – Suzlon Energy Ltd achieved the largest wind asset management base in India, comprising of 10,000 megawatt (MW) wind energy asset installation milestone, which lets company claim of attaining 35% share in India’s cumulative wind energy installations, with strong presence in all customer segment and installation base spread

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

CEOs of US companies will participate in Global CEO Conclave at Vibrant Gujarat 2017

GANDHINAGAR | AHMEDABAD | RAJKOT – One of the most promising event at Vibrant Gujarat Global Summit 2017, the Global CEO (Chief Executive Officer) Conclave will host 10 CEOs from American companies. The CEOs of US based companies that will be attending the Global CEO Conclave includes, Bertrand-Marc Allen, President, Boeing International; John Chambers, Executive

Demonetization hits three-wheeler sales, December 2016 Atul Auto sales down 36% YoY

SHAPAR-VERAVAL | MUMBAI | AHMEDABAD | RAJKOT – Demonetization has hit sales numbers of Atul Auto Ltd for month ended on December 31, 2016, sales of three-wheelers manufactured by the company under brand name ATUL declined 36.18% year-on-year to 2,556 vehicles from 4,000 vehicles in December 2015. Year to date sales as ended on December

Despite of declined refining throughput, Essar Oil’s gross refining margins up 30% yoy in FY 2015-16

VADINAR | JAMNAGAR | MUMBAI | AHMEDABAD | RAJKOT – Despite of declined refining throughput, Essar Oil Limited today in 26th annual general meeting held at Vadinar announced its shareholders of having recorded its highest ever Earnings before interest, taxation, depreciation and amortization (EBIDTA), Profit after Taxes (PAT) and Gross Refining Margins (GRM) in Financial

Indian Coast Guard drills & demonstrates sixth edition of Pollution Control in Gulf of Kutch

MUNDRA | RAJKOT – Indian Coast Guard drilled and demonstrated sixth edition of pollution control exercise under the tag of National Pollution Response Exercise – VI or NATPOLREX – 2016 in Gulf of Kutch away from Mundra Port on Wednesday. A mock drill to address distress call on the sudden blast incident of from a

Adani Ports acquires 100% stake in tug business subsidiary of Tata Steel at Dhamra Port for 1.06 billion (106 crore) Indian rupees

AHMEDABAD | MUMBAI | RAJKOT – With an intent of providing seamless, uninterrupted, effective and efficient maritime services to the wholly owned subsidiary Dhamra Port Compnay Ltd, parent company Adani Ports and Special Economic Zone Ltd, acquired 100% stake in TM Harbour Services Pvt Ltd, a wholly owned tug business subsidiary of Tata Group, for