News of Gujarat in Gujarat

TT LTD indends to exit from spinning biz, invited bids to sell PIPAVAV PORT Unit

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, New Delhi headquartered garment manufacturer TT Limited said of intending to exit from spinning business vertical and has invited bids from possible buyers to sell its spinning unit located on Port of Pipavav (in Gujarat),

HAVELLS INDIA, TATA POWER join hands for safety against hazards of electricity

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, consumer durable goods manufacturer Havells India Ltd said of having joined hands with Tata Power – DDL to ensure safety against hazards of electricity by making available Havells circuit protection devices, electrical leakage circuit breakers (ELCB)

MARUTI SUZUKI cuts prices, aligns with Government to revive demand

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, India car maker Maruti Suzuki India Ltd said of having chopped prices on several car-models, in alignment with the Government to revive demand. In a press-release as submitted to the Indian Bourses – titled, “Maruti Suzuki

InsurTech Innovator AVINEW selects MAJESCO’s P&C Core Suite

MORRISTOWN (NEW JERSEY – US) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered information technology company Majesco Ltd said of the Los Angeles (US) based insurance technology innovator Avinew selecting Majesco’s P&C Core Suite on Majesco CloudInsurer™ as its platform for growth and innovation.

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,

MARUTI SUZUKI exports 1 millionth car from GUJARAT’s MUNDRA PORT

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Maruti Suzuki India Ltd said of 1 millionth car exported from Gujarat’s Mundra Port. In a press-release as submitted by the company to the Indian Bourses, titled – “1 millionth Maruti Suzuki car exported from Gujarat’s

AMBUJA CEMENT ranked among the TOP 4 in global S&P DJSI ranking

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Indian Cement Major Ambuja Cements Ltd said of having ranked among the top 4 in the global S&P Dow Jones Sustainability Index in construction material category. In a press-release submitted by the company to the Indian Bourses titled, “Ambuja

ULTRATECH CEMENT ranked among the TOP 10 in global S&P DJSI ranking

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Indian Cement major UltraTech Cement Ltd said of having been ranked amongst the Top 10 companies across the Globe in the construction material industry sector of the S&P Dow Jones Sustainability Indices. The company update as submitted to the

BOSCH POWER TOOLS activates Cordless Experiential Mobile Vans

BANGALORE | AHMEDABAD-GANDHINAGAR | RAJKOT – Bosch Power Tools India, a front runner in the power tools market segment that caters to construction, woodworking and metalworking industry, is set to amplify its consumer experience by enabling users to get hands on experience of the cordless range through mobile van demonstration vehicles. An extension of the

(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

GUJARAT ALKALIES completed 20 MW Solar Power installations @ CHARANKA

VADODARA (BARODA) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Vadodara (Baroda) headquartered specialty & commodity chemical manufacturing arm of Gujarat State Government – Gujarat Alkalies and Chemical Ltd (GACL) said of having completed 20 MW solar power plant at Charanka (in north Gujarat region of

APTEL directs RAJASTHAN based DISCOMS to pay compensation to ADANI POWER

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Ahmedabad headquartered Adani Group’s power arm Adani Power Ltd said of APTEL (Appellate Tribunal for Electricity) having issued judgement allowing the claim for compensation for non-availability / shortage of coal linkages vide power purchase agreements for 1,200 MW signed

NILA INFRA bags 4.62 bln rupee project from DHOLERA IND CITY DEV LTD

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Ahmedabad headquartered Infra construction company Nila Infrastructure Ltd said of having bagged 4.62 billion (~462.1 crore) rupees construction order from Dholera Industrial City Development Ltd. The press release as addressed by the company to the Indian Bourses titled –

ADANI POWER bags power supply contract for TAMILNADU, TELENGANA

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Ahmedabad headquartered Indian Conglomerate Adani Group’s power entity – Adani Power Ltd said of one of its wholly owned subsidiary having received letter of award for supply of 295 MW Power to Tamilnadu and Telangana distribution companies, for 3

TATA POWER announces consumer offer in tie-up with VOLTAS AC

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release submitted to the Indian Stock Exchanges, Mumbai headquartered Indian Conglomerate’s power arm – Tata Power Company Ltd said of having associated with Voltas Air-Conditioners and announced consumer friendly initiative exclusively for customers of Tata Power in Mumbai, where the Tata Power Mumbai based customers can save

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