News of Banaskantha (Palanpur) in Gujarat

Experts Say, “#GujaratExodus may hit the new investments …”

AHMEDABAD | VADODARA | SURAT | RAJKOT – #GujaratExodus, process of workers from Bihar and Uttar Pradesh travelling back to their home, may trigger a situation, which may hit the new investments, especially when the Vibrant Gujarat 2019, Global Investors Summit is around, industry experts from across the state fear the phenomena. Industries which may

Vijaya Bank and Dena Bank amalgamate with Bank of Baroda

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory filing submitted by Dena Bank, Vijaya Bank and Bank of Baroda, to the Stock Exchanges in India on Tuesday, all three banks have said of having amalgamated vide the directive from Ministry of Finance, Government of India. The Bank has received a communication from Ministry

Lypsa Gems bags 154-million-rupee order from Middle East Customers

VADGAM (BANASKANTHA) | MUMBAI | RAJKOT – Lypsa DMCC, a wholly owned subsidiary of Lypsa Gems and Jewelry Ltd (BSE: 534532, NSE: LYPSAGEMS) has received a new order worth 154 million (~15.4 crores) from customers in Middle East, the company informed in the press release submitted to the Exchanges in India on Wednesday. This order entails supply

IN IMAGES | Heavy Rains forecast in GUJARAT, SARKAR boards IAF Chopper, reaches GIR SOMNATH

GANDHINAGAR | AHMEDABAD | RAJKOT – DAY -1 : MONDAY | JULY 16, 2018 – Satellite image issued by Indian Meteorology Department (IMD) warms severe rainfall across Gujarat. Following IMD Warnings, Gujarat Government has engaged into a complete preparedness to address any situation arising out of heavy rainfalls, especially in low lying areas and coastal

On EPC basis BHEL bags 1.25-billion-rupee Solar Projects from 2 Gujarat Govt PSUs

NEW DELHI | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India Bharat Heavy Electricals Limited (BHEL) has won two orders cumulatively valued at over 1.25 billion (~125 Crore) Indian Rupees, for setting up Solar Photovoltaic (SPV) Power Plants on Engineering, Procurement and Construction (EPC) basis, in Gujarat. The first

Tata Power bags 150 MW Solar Power project in Maharashtra

MUMBAI | RAJKOT – Tata Power Company Ltd today informed the Indian Exchanges of having bagged 150 MW (megawatt) Solar Photo Voltaic (PV) Project in Maharashtra. Tata Power Company Ltd today announced that its 100% subsidiary Tata Power Renewable Energy Ltd. (TPREL) has won a 150 MW Solar PV project on the long term basis

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

With 1.16 trln rupee agri credit potential in FY2017-18, NABARD attains new heights in Gujarat

GANDHINAGAR | AHMEDABAD | RAJKOT – National Bank for Agriculture and Rural Development (NABARD) organised the State Credit Seminar at Narmada Hall, Swarnim Sankul, Gandhinagar today, in the session NABARD derived an estimate credit potential of 1.16 trillion (1,16,354 crore) rupees for priority sector lending, which includes a credit flow of 719.83 billion (71,983 crore)

US FDA issues warning letter to Wockhardt Ltd’s US based stepdown subsidiary – Morton Grove Pharmaceuticals Inc

MUMBAI | AHMEDABAD | RAJKOT – US Food and Drug Administration (USFDA) has issued a warning letter to Morton Grove Pharmaceuticals Inc., USA, a stepdown Subsidiary of the company, the company statement said. USFDA warning letter to Morton facility would mean that new approvals from same facility will be withheld till the resolution, which would

NCDEX tightens deposit ops at warehouses, introduces audit checks to ensure quality deposits

MUMBAI | AHMEDABAD | RAJKOT – The National Commodity and Derivatives Exchange (NCDEX) Ltd, today announced additional measures to be taken by exchange registered warehouse service providers, aimed at tighter controls of quality and further strengthening the warehousing ecosystem, additionally the exchange will not be available for deposits on Saturdays, Sundays and Exchange declared trading

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

SEBI allows Cotton Association of India to exit bourse business, withdraws CAI’s recognition

Market Regulators learnt of investigating the company further

MUMBAI | AHMEDABAD | RAJKOT – Equity and Commodity regulatory entity in India – Securities Exchange Board of India (SEBI) today allowed Cotton Association of India (CAI) to exit the bourse business and withdrew its recognition. Following no trading activities on platform of Cotton Association of India since last one year, SEBI had informed the

Gujarat Government procured 4.9 billion rupees worth peanuts for NAFED

GANDHINAGAR | AHMEDABAD | RAJKOT – Gujarat government procured 115,000 tones of peanuts (groundnuts) worth 4.9 billion (490 crore) rupees from state farmers till date, paying minimum support price for the said procurement.  The groundnut procurement from farmers paying minimum support price is being done by four state government nominated agencies, for National Agricultural Cooperative