News of Gandhinagar in Gujarat

Infibeam fires auditors alleging breach of trust

GANDHINAGAR (AHMEDABAD) | MUMBAI | RAJKOT – In a regulatory update and a press release submitted to the Indian Bourses on Sunday as well on Monday, Gandhinagar (Ahmedabad) headquartered Infibeam Avenues Ltd said of having terminated its existing joint statutory auditors, alleging the breach of trust by the auditors further revealing price-sensitive information. In a

#DLGPOLLTRIX2019 | Poll Data, Numbers & United Colours of Gujarat (IN IMAGES)

AHMEDABAD | GANDHINAGAR | RAJKOT – Registered averaged voters turnout across 26 Lok Sabha constituencies in the state of Gujarat for Lok Sabha 2019 Phase-3 polls increased by just 1.54% at 63.90%, over the Lok Sabha 2014 registered voters turnout which was 62.36%. However the registered electoral numbers added to the election commission’s database in

Zions Bancorporation Unifies Lending Operations with TCS BaNCS

NEW YORK | MUMBAI | AHMEDABAD | GANDHINAGAR | RAJKOT – In a press-release communication addressed to the Indian Stock Exchanges on Monday, India’s leading Information Technology company Tata Consultancy Services (TCS) Ltd said of Zions Bancorporation Unifies Lending Operations with TCS BaNCS, Deploying Tata Consultancy Services’ Centralized Banking Platform has Simplified the Bank’s IT Landscape,

#DLGQ4FY19EARNINGS | TV18 Broadcast’s Consolidated Net Profit YoY for Q4FY19 (Jan-Mar Quarter) shoots-up 6 folds!

MUMBAI | AHMEDABAD | GANDHINAGAR | RAJKOT – In a regulatory quarterly earning update for fourth quarter of financial year 2018-19 ie January to March quarter, TV18 Broadcast Ltd reported a sharp jump in year-on-year consolidated net profit of the company which grew 6 folds at 300 million rupees (299 million rupees to be precise)

CONCOR’s total container handling for Q4(Jan-Mar) FY2019 up 3% YoY @ 9,78,930 TEUs

NEW DELHI | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Container Corporation (CONCOR) of India Ltd, a multimodal logistics company and one of the Navratna public sector undertaking ventures of Indian Government reported 3% growth in the total container traffic handled for Q4 (Jan-Mar) of Financial year 2018-19

L&T sells its entire stake held in L&T Kobe Machinery for 435 million INR

MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Larsen & Toubro (L&T) Ltd  has entered into a definitive agreement with KOBE STEEL, LTD., a company registered in Japan, on April 2, 2019 for the divestment of its entire stake in L&T Kobelco Machinery Private Limited, a 51:49 joint venture between

Indain Gas Regulator – PNGRB awarded City Gas Distribution bids in 50 Geographical Areas, to 12 successful bidders

NEW DELHI | RAJKOT – PNGRB (Petroleum and Natural Gas Regulatory Board) launched 10th CGD Bidding Round on 06th November 2018, for development of City Gas Distribution (CGD) networks for the 50 Geographical  Areas (GAs) which includes 124 districts (112 complete and 12 part), spread over 14 States and Union Territories (UTs) in India. The regulator

Deepak Parekh steps down from Network18 Media & Investments board

MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Exchanges on Monday late night, Network18 Media & Investments Ltd said of Banking Baron Deepak Shantilal Parekh (HDFC Bank), Independent Director, on the board of Network18 Media & Investments, has expressed his inability to continue on the Board of the Company (Network18 Media

Ram Avtar Patodia replaces Kamal Kishor Jain as CFO at Kalpataru Power

GANDHINAGAR | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Gandhinagar headquartered power sector major – Kalpataru Power Transmissions Ltd sai, the Company due to retirement of Mr. Kamal Kishore Jain as Chief Financial Officer effective from close of working hours of 31 st March, 2019 and appointment of Mr.

Indeed Utterly Butterly Delicious! Amul revenues grew 13.43% YoY for FY2018-19 @ 331.5 billion INR

ANAND | RAJKOT – In a press release issued by the Gujarat Co-operative Milk Marketing Federation (GCMMF), the federation has said of the popular Amul brand of milk and dairy products has registered a provisional turnover of Rs. 33,150 Crores (~331.5 billion) for Financial year 2018-19 which ended on 31st March 2019, reporting growth of 13.43%

Kalpataru Power bags 5.88 billion rupees new T&D orders from International Markets

GANDHINAGAR | MUMBAI | RAJKOT – In a press release submitted to the Indian Stock Exchanges on Friday, Gandhinagar (Gujarat) headquartered Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders / notification of award of Rs. 588 Crores (5.88 billion). The new orders

TBZ enters Lucknow, the city of Tahezib & Tunde Kebaabs

MUMBAI | RAJKOT – In a press release submitted to the Indian Bourses, leading jewelry brand headquartered in Mumbai, Tribhovandas Bhimji Zaveri Ltd said of TBZ-The Original launches its first store in Lucknow, Mumbai’s Sparkle is now in Lucknow, First 100 buyers get a FREE GOLD COIN. TBZ- The Original , India’s most iconic jewelry

Adani Ports 2020 target to attain 200 MMT cargo handling, achieved in 2019

AHMEDABAD | MUMBAI | RAJKOT – In a press release submitted to the Indian Stock Exchanges on Wednesday, Private Port sector major Adani Ports & Special Economic Zone Ltd said of having attained 200 million metric tons combined cargo handling mark, across the ports beehived under the company’s flagship on east and west coast. With

Fire reported at Dahej unit of Meghmani Organics

DAHEJ | AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Stock Exchanges in India, on Tuesday, Ahmedabad headquartered Chemical manufacturer Meghmani Organics Ltd said of fire having broken out at Dahej plant, of which the company is gauging the loss due to fire and the cause of fire. Out of