News of Gir Somnath (Veraval) 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

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

Anil Ambani led RCom announces strategic transformation for India & Emerging Markets

MUMBAI | RAJKOT – In a press-release submitted to the Indian Bourses, Reliance Communications Limited (RCOM) and its subsidiary, Global Cloud Xchange (GCX), today shared updates on the company’s strategic transformation plan and its commitment to the growth and enhancement of its fixed-line communications, data center, subsea cables and enterprise services globally. “As the company moves

GHCL launched bedding collection CIRKULARITY, in New York

NEW DELHI | AHMEDABAD | MUMBAI | RAJKOT – In a press-release submitted by GHCL Ltd to the Indian Bourses on Wednesday, the company said of having launched CIRKULARITY, range of bedding in New York Home Fashions Week in USA on September 24. GHCL launches “CIRKULARITY”, a range of bedding that supports the Circular Economy

Media Reports of, Major fire incident at RIL’s Hazira Complex, but no casualty

SURAT (HAZIRA) | RAJKOT – Major fire incident has been reported at Hazira unit of Reliance Industries Ltd on Tuesday night, several Surat based media reports cite the said fire incident which took place on Tuesday night at the site, following a huge blast with a sound at cracker unit installed in the facility, created

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

RIL subsidiary shells 92 crore rupees to buy stake in fashion & lifestyle brands

MUMBAI | RAJKOT – Reliance Industries Ltd’s subsidiary companies Reliance Brands Ltd and Reliance Retail Ventures Ltd  have now acquired a combined stake of 65.77% in Genesis Colors Ltd, the company (RIL) said in regulatory filing submitted to the Exchanges in India, on Monday. Reliance Retail Venture Ltd, subsidiary arm of Reliance Industries Ltd paid

RBI certifies Reliance Cap as Core Investment Company

MUMBAI | RAJKOT – Reliance Capital Ltd said in regulatory filing submitted to the Exchanges in India on Friday of the company having received Reserve Bank of India Certification as Core Investment Company. The Company has received Certificate of Registration from the Reserve Bank of India as a Core Investment Company- Non-Deposit Taking Systemically Important

IDBI knocks NCLT doors for debt recovery from Reliance Naval (Pipavav)

MUMBAI | RAJKOT – In a regulatory filing submitted to the Stock Exchanges in India on Thursday, Reliance Naval & Engineering Ltd said of IDBI Bank Ltd having approached NCLT (National Company Law Tribunal), Ahmedabad, for debt resolution. The Company has been informed that IDBI Bank Limited, a lender of the Company, has filed an application

Reliance Infra’s Credit Profile improves, CRISIL withdraws ‘D’ ratings for 710 cr NCDs

MUMBAI | RAJKOT – Anil Dhirubhai Ambani Group led Reliance Infrastructure Ltd’s credit profile is reported to have improving, as the rating agency CRISIL has withdrawn ‘D’ ratings assigned to the company’s 7.1 billion rupee Non-Convertible Debentures, the company press release submitted to the exchanges in India said. Crisil has withdrawn its ‘D’ ratings for

Sambhav Media tunes on FM Radio at Bharuch, Veraval, Porbandar in Gujarat

AHMEDABAD | MUMBAI | RAJKOT – Ahmedabad headquartered Sambhaav Media Ltd, in a regulatory filing informed of having commenced FM Radio station operations at 3 centres in Gujarat. Under the aegis of “Top FM“ brand the company has commenced FM Radio stations at Bharuch in South Gujarat region, Veraval and Porbandar in Saurashtra-Kutch region, of

Gujarat Sidhee Cement’s Veraval plant Kiln operational now

SIDHEEGRAM (VERAVAL | GIR SOMNATH) | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Tuesday, Gujarat Sidhee Cement Ltd said of having started Kiln operations at Sidheegram (Veraval) plant. Due to heavy rainfall in entire Gir Somnath District, the operations of Kiln and all the upstream equipment was

Gujarat Sidhee’s Veraval plant shut due to heavy rains

SIDHEEGRAM (VERAVAL) | MUMBAI | RAJKOT – Gujarat Sidhee Cement Ltd’s Sidheegram (Veraval) plant has been shut following heavy rains in Gir Somnath (Veraval) district in Gujarat State, the company said in regulatory filing submitted to the Exchanges in India. Due to heavy rainfall in entire Gir Somnath District wherein the company’s factory is located

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

TGIF for Shipping Sector in India – vessel deliveries & new orders on Friday the 13th makes news

COCHIN | MUMBAI | RAJKOT – Thank God its Friday (TGIF) for the shipping sector of the nation, today four companies from Shipping sector in the nation had a lot of business, and you bet it was all they informed the Indian Bourses on Friday the 13th. Cochin Shipyard Ltd got a new order worth