News of Gujarat 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

Sadbhav Infra terminates concession agreement with NHAI for Vizag Port Road project

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Ahmedabad headquartered road construction infra major Sadbhav Infrastructure Project Ltd said of having terminated concession agreement with National Highway Authority of India (NHAI) over Vizag Port Road project due to non-availability of required 80% right of way by NHAI within

Alembic Pharma gets USFDA nod to market drug to treat diabetis

VADODARA (BARODA) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses, Vadodara headquartered pharma major said of having got nod from US food and drug regulator to market drug to treat diabetis. The press release submitted by the comapany to the Indian Stock Exchanges read that, Alembic Pharmaceuticals

Maruti Suzuki’s retail arm NEXA celebrates fourth year, served 1 million customers

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Bourses, auto major Maruti Suzuki said of having celebrating four years of NEXA, the fastest growing auto retail channel in India. The press release submitted by the company to the Indian Bourses read that, Maruti Suzuki celebrates four years

C S Mani, Independent Director of GNFC resigns

BHARUCH | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Gujarat government’s fertilizers & chemical sector public sector undertaking arm Gujarat Narmada Valley Fertilizers & Chemicals Ltd said of the Independent Director of the company C S Mani resigned from the Board of the Company. The filing submitted

Welspun Group Master Trust acquires 39.45% equity of Welspun Enterprises

ANJAAR (KUTCH) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Exchanges in India, Welspun Enterprises Ltd said of its 39.45% stake comprising of 58.41 million (~5,84,15,951) shares has been acquired by Welspun Group Master Trust. Post-transaction, stake held by Welspun Group Master Trust in Welspun Enterprise has raised to 43.84%

Allied Digital Services bags Smart City project in Bidkin (Maharashtra)

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Mumbai headquartered Allied Digital Services Ltd said of having bagged Smart City Project in Bidkin, in Maharashtra State. The filing submitted by the company to the Indian Stock Exchanges read that, this is to inform that Allied Digital Services Limited

Kerala High Court rules in favor of PTL Ind over land compensation dispute with Kochi Metro

KOCHI | GURGAON | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the stock exchanges in India, PTL Industries Ltd (formerly Premier Tyres Ltd) said of having got the judicial verdict in their favor over a land compensation litigation against Kochi Metro Rail Ltd. The filing submitted to the Indian Bourses

Alembic Pharma gets USFDA nod to market neuropathic treatment drug

VADODARA (BARODA) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Stock Exchanges, Vadodara (Baroda) Gujarat based pharma major Alembic Pharmaceuticals Ltd said of having received nod from US FDA (Food & Drugs Administration) to market neuropathic & diabetic treatment drug. In the press release submitted to the Indian

Gateway Distiparks Promoters de-pledge 35% of pledged shares

MUMBAI | AHMEDABAD – GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Stock Exchanges, Gateway Distriparks Ltd said of its promoters having de-pledged 35% of the pledged shares. Press release submitted to the Indian Bourses on Thursday read that, Gateway Distriparks Limited: Promoter de-pledges 35% of pledged shares. The promoter group of

L&T’s Power arm bags FGD system installation order from Damodar Valley Corp

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses, Larsen & Toubro said of its power business arm having won significant size order (in range of 10 billion rupees to 25 billion rupees) from Damodar Valley Corporation for installation of Flue Gas Desulphurization (FGD) system. In a press release

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

Zydus Cadila completes 3-phased clinical trial enrollment for drug, to cure liver disorder

AHMEDABAD | MUMBAI | RAJKOT – In a press release submitted to the Indian Stock Exchanges, Ahmedabad headquartered Zydus Cadila Group (Cadila Healthcare Ltd) said of having completed enrollment for three phase clinical trials of drug used to treat the a progressive disease of the liver – NASH. The press release submitted to the Indian

L&T Hydrocarbon Engg bags Mega project from Saudi Aramco

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Stock Exchanges, Mumbai headquartered infrastructure major Larsen & Toubro Ltd said of its hydrocarbon arm having bagged mega project (above 70 billion rupees) from Saudi Aramco, Saudi Arabia based oil major. In the press release submitted to the Indian Bourses, the

USFDA slams Form 483 to Torrent Pharma’s Dahej facility, official action initiated

DAHEJ | AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses late on Wednesday night, Ahmedabad headquartered pharma major Torrent Pharmaceuticals Ltd said of the company having classified as Official Action Initiated by US food & drugs regulator. The Dahej facility of the company was inspected in March 2019

L&T forays in water-desalination market, bags project for Dahej PCPIR in Gujarat

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses, Mumbai headquartered infra major Larsen & Toubro Ltd said of having bagged significant order (in range of 10 billion rupees to 25 billion rupees) from Gujarat Industrial Development Corporation for 100 million liters per day water desalination plant to be