News of Gandhinagar in Gujarat

TCS completed one of the largest public cloud migrations

AMSTERDAM | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses, Information Technology major TCS completed one of the largest public cloud migrations to deliver new digital foundation for Randstad. The press release submitted by the company to the Exchanges in India read that, TCS Completes One of the Largest

R-Infra Creditors ink agreement to implement resolution plan in 6 months

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses, Anil Dhirubhai Ambani Group’s (ADAG) Infra arm Reliance Infrastructure Ltd said of 16 lenders to the company having inked inter-creditor agreement, for the resolution of the company’s debt, vide which the resolution plan of the company shall be implemented in

ADAG led R-Infra to close 100% stake sale deal of Delhi-Agra Toll by Aug 2019

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses on Thursday, Anil Dhirubhai Ambani led Indian Infra major Reliance Infra said of closing the 100% stake sale deal of Delhi-Agra toll by August 2019, of which the enterprise value is pegged at 36 billion (~3,600 crore) rupees. The press

Maruti Suzuki takes world class training ‘Skill on Wheels’ – to vendors’ doorstep

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release communication submitted to the Indian Exchanges, Indian Automobiles Major Maruti Suzuki India Ltd said of having taken its world class training module – ‘Skill on Wheels’ at vendor doorstep. Press communique submitted to the Indian Bourses read that, Maruti Suzuki India Limited,

Adani Ports to raise US$750 mn via unsecured notes @ annual coupon rate of 4.375%

AHMEDABAD-GANDHINAGAR | MUMBAI | RAJKOT – In a regulatory update submitted to the companies on Thursday, Ahmedabad headquartered Adani Ports and Special Economic Zone Ltd said of the company board having approved fund raising via unsecured notes aggregating to US$ 750 million. The tenure of notes will be for 10 years starting from July 3,

As pre-budget recommendations, Indian Solar Mfrs ask to raise export incentives from 2% to 10%

NEW DELHI | MUMBAI | BENGALURU | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release issued by Solar Trade Body, the association All India Solar Industries Association (AISIA) as pre-budget recommendations to the Finance Minister has recommended raising of export incentives from 2% to 10% at least for Indian Solar Modules Manufacturers, which would allow

GMDC appoints Smt Gauri Kumar (Retd) IAS as Independent Women Director

AHMEDABAD – GANDHINAGAR | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Ahmedabad headquartered Gujarat State Government’s mining arm Gujarat Minerals Development Corporation (GMDC) Ltd said of having appointed Smt Gauri Kumar, Retired IAS officer as Additional Woman Independent Director on the company board. The filing submitted to the

Gujarat State Electricity Regulator nods Torrent’s power procurement plea

AHMEDABAD-GANDHINAGAR | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Ahmedabad headquartered Torrent Power Ltd said of having got approval from state electricity regulator for procurement arrangement of 278 MW power from the company’s UNOSUGEN power plant and its licensed power distribution business for the cities of Ahmedabad, Gandhinagar

TRAI data says, Reliance JIO crosses 20 million (2 Cr) subscriber mark in Gujarat

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR-RAJKOT – In a press release issued by Reliance Jio Infocomm Ltd, the company claimed of having crossed 20 million (2 crore) subscribers mark in the state of Gujarat, as per the data made available by Telecom Regulatory Authority of India (TRAI). For first time since inception of telecom services

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