Last Updated : Wednesday, April 1, 2020 21:46:49

News of India in Gujarat

UNO MINDA further strengthens its partnership with TOYODA GOSEI

GURUGRAM / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, automobile components & spares manufacturing Indian company Minda Industries Ltd said of the company’s board having approved investment of 335 million (~33.5 crore) rupees in TG Minda, a 49.9% joint-venture company between UNO MINDA and TOYODA GOSEI of

BHARAT ELEC marks record turnover in excess of 125 bln INR for FY20

BENGALURU / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Bengaluru headquartered Bharat Electronics Ltd said of having achieved record turnover in excess of 125 billion (~12,500 crore) rupees for financial year 2019-2020, which ended on March 31st, 2020, recording 6% growth over the previous year turnover of

iGTB powered First Abu Dhabi Bank Wins Global Finance Award 2020

CHENNAI / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Chennai headquartered Intellect Design Arena Ltd said of one of its leading clients in Middle-East region, the iGTB powered First Abu Dhabi Bank having won global finance award 2020 for best quality liquidity management bank in the Middle

USFDA inspects Biocon’s Malaysian facility, issues EIR with VAI classification

BANGALORE / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Bengaluru headquartered Indian bio-technology company Biocon Ltd said of having got Establishment Inspection Report (EIR) with Voluntary Action Initiated (VAI) for the company’s Malaysian facility, engaged in manufacturing insulin. The company statement attributed to the company spokesperson, titled,

TATA POWER’s Georgian Hydro Power Project commenced commercial ops

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Indian Diversified Conglomerate Tata Group’s power sector arm – Tata Power Company Ltd said of having commenced commercial production at the company’s joint-venture Shuakhevi Hydro Power project in Georgia. In a press-release titled, “Tata Power’s JV Shuakhevi Hydro

#DLGCOMPILATIONS / Which nations in the world are LOCKED?

RAJKOT – After the World Health Organization (WHO) having officially declared Corona Virus as a Global Pandemic on March 11th, 2020, according to several reports, one-third population worldwide, is living under lockdown. Several nations across the world have observed lockdown in one or the other form. From New Zealand in Oceania till Alaska in United

#DLGVIEWPOINT / #CORONAVIRUS shuts India Inc, but markets Trade fiercely …

RAJKOT – “As the fear of the Corona Virus Pandemic spreads more than the virus itself”, India is all in a complete lockdown phase for 21 days (~3 weeks) with effect from March 25th, 2020 – Wednesday till April 14, 2020 – Tuesday. As the pace of India pauses, Indians are compelled to take a

ADITYA BIRLA shuts retail & mfg ops vide gov directives on #COVID19

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Indian Diversified Conglomerate (Aditya) Birla Group’s fashion arm Aditya Birla Fashion and Retail Ltd said of shutting down its retail stores and manufacturing operations vide government directives ensuring safety of employees, due to pandemic, spread and outbreak of

GLENMARK PHARMA gets USFDA nod to market for oral diabetic medicine

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered pharmaceutical products manufacturing company Glenmark Pharmaceuticals Ltd said of having got tentative approval from USFDA (US Food and Drugs Administration) to sell and market treatment to cure diabetic in form of oral diabetic medicine – Dapagliflozin Tablets, in

TCI EXPRESS expects limited impact on biz & ops due to Coronoa

SECUNDERABAD / GURUGRAM / MUMBAI / RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Gurugram (Haryana) headquartered transportation & logistics services providing TCI Express Ltd said of expecting limited impact on business and operations due to Coronavirus, keeping in view the B2B (Business-to-Business) model of their business. For LONG READ, click

CONCOR restructures Western Region and South Central Region ICDs

NEW DELHI / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Public Sector Undertaking and a Government of India Enterprise engaged in areas of Transport related services and logistics – Container Corporation of India Ltd said of having restructured its western region and south central region operations, especially

Dr REDDY’s LAB launches injection to treat narcotic overdose

HYDERABAD / PRINCETON (NEW JERSEY – US) / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Hyderabad headquartered Indian Pharmaceutical products manufacturing company Dr Reddy’s Laboratories Ltd said of having announced first-to-market launch of Naloxone Hydrochloride Injection USP in 2 mg (milligram) / 2 ml (milliliter) dosage value,

JINDAL STAINLESS (HISAR) clarifies on media reports of pledged shares

HISAR / NEW DELHI / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Hisar (Haryana) headquartered iron & steel manufacturer Jindal Steel (Hisar) Ltd (JSHL) issued clarification on the media reports highlighting the issue of promoters pledged shares mentioning that JSHL has not raised any loan against the

SNOWMAN LOGISTICS bags contract from Global E-Commerce Co for delivery biz

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Indian Logistics major Snowman Logistics Ltd said of having partnered with Global E-Commerce company for deliveries of FMCG (fast moving consumer goods), perishables including vegetables, fruits, eggs, frozen food and groceries. For LONG READ, please click / log on /

INDUSIND BANK clarifies on rumours and speculation, stock takes a severe hit

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered IndusInd Bank Ltd clarified on the rumours and speculations making rounds in the market regarding the financials, capital appetite, profitability and governance of the bank, however the company stock (shares) took a severe hit on the Indian Bourses,

Dr REDDY’s LAB gets USFDA nod to market injection to treat severe agitation in patients with schizophrenia

HYDERABAD / PRINCETON / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Hyderabad headquartered pharmaceutical products manufacturing company Dr Reddy’s Laboratories Ltd said of having got nod from USFDA (US Food and Drugs Administration) to sell injection in US Market to treat severe agitation in patients with schizophrenia, the

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