News of Gir Somnath (Veraval) in Gujarat

City Football acquires majority stake in Indian Super League’s Mumbai City FC

MUMBAI (INDIA) | MANCHESTER (ENGLAND) | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release issued City Football Group, it said of having acquired majority stake in Indian Super League’s Mumbai City FC. The press-release titled, “City Football Group acquires majority stake in Indian Super League’s Mumbai City FC” further read that, CFG agrees deal to take

SAURASHTRA OIL MILLERS request FinMin to hold new norms for Input Tax Credit

RAJKOT – In a letter written to the Finance Minister Nirmala Sitharaman, Saurashtra Oil Millers body – Saurashtra Oil Millers Association (SOMA) has requested to put on hold the new norms for the Input Tax Credit. The letter undersigned by the SOMA President Sameer Shah, as addressed to Sitharaman states that the new norms are

Protected: DIGITAL VERSION of THE MARINE LINES | OCTOBER-NOVEMBER 2019 ISSUE | COVER STORY : Why SHIPPING CORPORATION OF INDIA (SCI) should not be sold?

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RIL subsidiaries transfer 2.71% stake to PETROLEUM TRUST

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered conglomerate Reliance Industries Ltd said of its five subsidiary companies having transferred its 2.71% combined stake comprising of 171.9 million (~17.119 crore) shares to Petroleum Trust, of which the sole beneficiary Reliance Industrial Investments and Holdings Ltd,

(ADAG) RCOM’s US based subsidiary GLOBAL CLOUD XCHANGE goes bankrupt

NEW YORK | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release submitted to the Indian Stock Exchanges, Mumbai headquartered Anil Dhirubhai Ambani Group (ADAG) owned Reliance Communications Ltd’s subsidiary company Global Cloud Xchange filed voluntarily for Chapter 11 (as per the United States Bankruptcy Code) in US with support from more than 75% of

GHCL launches REKOOP 2.0 bedding concept in New York

NEW YORK | NOIDA | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Stock Exchanges, Noida (Uttar Pradesh) headquartered GHCL Ltd said of having launched bedding textiles range REKOOP 2.0 at New York in US. Press-release as submitted by the company to the Indian Bourses titled – “GHCL launches

Reliance invests 2.95 bln INR, to buy 87.6% stake in an E-Comm Software Firm

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Indian Conglomerate – Mukesh Ambani led Reliance Group (Reliance Industries Ltd) said of one of its subsidiary companies having brought 87.6% stake in a software technology company for e-commerce, investing 295.25 crore rupees. The statement submitted by the company

MDA led Reliance Group completes acquisition of Hamleys (Toys brand) for £67.96 million

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Bourses, Indian conglomerate Mukesh Dhirubhai Ambani owned Reliance group said of having completed acquisition of Hamleys Global Holdings Ltd for cash-consideration of Great Britain (Sterling) Pound £67.96 million. The filing submitted to the exchange read that, Further to our previous communication

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

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

#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

#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)

IN IMAGES | Indian Coast Guard rescues 8 fisherman

PORBANDAR | AHMEDABAD | GANDHINAGAR | RAJKOT – In a mid-sea rescue operations, conducted at night in rough weathers, on April 14, 2019 – Sunday, Indian Coast Guard rescued 08 fishermen 27 nautical miles off Porbandar, in yet another Search and Rescue operation. On 14 Apr 19, in the wee hours,  Indian Coast Guard rescued 08 fishermen 27 nautical

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