Last Updated : Saturday, February 15, 2020 18:34:30

News of Ahmedabad in Gujarat

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

French Energy major TOTAL acquires 50% stake in ADANI GREEN’s Solar Assets

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered Indian Diversified Conglomerate Adani Group’s Green Energy arm – Adani Green Energy Ltd said of having inked pact with French Energy major TOTAL Group, to form a joint-venture company, which aims at acquiring 50% stake in

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.

MARUTI aims to sell 1 mln GREEN CARS, showcases FUTURO-e @ AUTO EXPO

GREATER NOIDA / NEW DELHI | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Indian Automobile major Maruti Suzuki India Ltd said of having target to sell of next 1 million green cars under Global Premiere of FUTURO-e, the company has showcased the FUTURE-e at AUTO EXPO –

Adani Transmission circles up first ever US private placement for USD $310 mln

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 having private placement transaction in form of USD notes amounting to $310 million, which in itself is Adani Transmission’s inaugural US Private Placement

“New Production from KG D6 on track to start by Mid-2020”, says RIL

MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Diversified Indian Conglomerate Reliance Industries Ltd said of the new production from Krishna Godavari Basin (KG Basin) block KG D6 (Krishna Godavari Dhirubhai 6)  on track and the production from the gasfield shall start by Mid-2020, which according

STEEL STRIPES WHEELS clocks highest ever monthly sales in Jan 2020

CHANDIGARH | MUMBAI | RAJKOT – In a regulatory monthly business update as submitted to the Indian Stock Exchanges, Chandigarh headquartered automobile component manufacturing company Steel Strips Wheels Ltd (SSWL) says of having clocked highest ever monthly sales in the month of January 2020 primely driven by Mehsana plant which remains a key growth driver.

ZYDUS CADILA’s Diabetic treatment drug gets nod from Indian Drug Regulator

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Ahmedabad headquartered Dr Pankaj Patel led Zydus Group company Cadila Healthcare Ltd said of having got approval from Drug Controller General of India (DCDI) for Saroglitazar Magnesium for treatment of diabetes. To read more, please CLICK here. Long Read

CADILA inks licensing agreement to market Anemia treatment in China

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered pharmaceutical products manufacturing company Cadila Healthcare Ltd said of having entered into licensing agreement with China Medical System Holdings for marketing anemia treatment in Greater China. The press-release titled, “Zydus and China Medical System Holdings enter

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

FASTag Rules relaxed for 65 NHAI toll plazas

NEW DELHI | RAJKOT – In a press-release issued by Press Information Bureau (PIB) of India, it read of Union Ministry of Road Transport and Highways having decided to relax the conditions regarding declaration of FASTag fee lanes for 30 days from today at identified 65 high cash transactions fee plazas of National Highway Authority

SADBHAV INFRA to transfer 100% stake of 8 SPVs, to INDINFRAVIT TRUST

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing, as submitted to the Indian Stock Exchanges, Ahmedabad headquartered Sadbhav Infrastructure Project Ltd said of having got final approval from various authorities for transfer of 100% stake of 8 special purpose vehicles from Sadbhav Infrastructure Project Ltd to Indinfravit Trust. The filing as submitted by

IN VIDEO & IMAGES | THE UNITED COLOURS OF INDIAN ARMED FORCES

AHMEDABAD | RAJKOT – The week that passed was full of action for the men in uniform, guarding our national frontiers, right from the glaciers in Siachen to the sprawling wide coastline of Indian Sea Coast, be it in air, on water or on land, the week kept the men in uniform busy and in

JAGUAR LAND ROVER reports December 2019 Retails Sales up 1.3% YoY

WHITLEY (UK) | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Markets by Tata Motors Ltd – automobiles arm of Diversified Indian Conglomerate – Tata Group, it said that Tata Group’s International brand Jaguar Land Rover (JLR) reported retails sales of 52,814 vehicles up in the month of December

SEZ policy revamp soon, BABA KALYANI Report recommendations reviewed

NEW DELHI | RAJKOT – In a press-release as issued by Press Information of Bureau (PIB) of India – press & publicity arm of Indian Government, it said of Commerce & Industries and Railways Minister Piyush Goyal chaired a meeting on 9th January, 2020 in New Delhi to review the remaining recommendations of the Baba

PRADIP OVERSEAS opts for settlement of dues with SBI, to pay 230 mln rupees

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered textiles manufacturer Pradip Overseas Ltd said of having opted for one time settlement for outstanding debts with State Bank of India. According to the proposal given by the company to SBI, the company has agreed to

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