News of India in Gujarat

SRF Ltd confirms demand of Rs.288.2 mln rupees raised by MADHYA PRADESH

GURUGRAM | NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, New Delhi headquartered tyre manufacturer SRF Ltd said of having confirmed the demand of Rs.288.2 million (~28.82 crore) raised by the Collector of Stamps, Bhind (Madhya Pradesh). The company update as submitted to the

IDBI clarifies on social media rumours pertaining to bank finances

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered bank IDBI Bank Ltd said of having issued clarification in context to the rumours making rounds on social media regarding bank’s financial position. The regulatory update as submitted by the company to the Indian Bourses, read that,

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)

RAMA STEEL TUBES incorporates subsidiary company to tap NIGERIAN biz

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT –  In a regulatory update submitted to the Indian Stock Exchanges, New Delhi headquartered Rama Steel Tubes Ltd said of having incorporated wholly owned subsidiary company in Nigeria. In a regulatory update filing as submitted to the Indian Bourses, the company said that, This is to inform that

ALKEM LABS acquires subsidiary co CACHET PHARMA paying 52 Cr INR

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered Alkem Laboratories Ltd said of having acquired its own subsidiary company for cash consideration of 520 million (~52 Crore) rupees with an intent to consolidate quality control and timely supplies for the products manufactured at subsidiary facility.

SAKTHI SUGARS triggers one time settlement for dues with BANK OF INDIA

SAKTHINAGAR | COIMBATORE | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Coimbatore (Tamilandu) headquartered Sakthi Sugars Ltd said of having triggered one-time-settlement with Bank of India, agreeing to pay 1.5 billion (~150.43 crore) rupees against the outstanding dues of 2.34 billion (~233.78 crore) rupees. The company

PIDILITE INDUSTRIES gets Certificate of Incorporation for PIDILITE C-TECHOS

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Mumbai headquartered adhesives & specialty chemicals manufacturer Pidilite Industries Ltd, said of having got certificate of incorporation from Government of India for its venture of structural, architectural construction of building works. The Company alongwith Chetana Expotential Technologies Pvt. Ltd.

USFDA inspects & clears UNICHEM LAB’s newly constructed KOLHAPUR facility

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered pharmaceuticals company Unichem Laboratories Ltd said of its Kolhapur (Maharashtra) unit being inspected and cleared by the US FDA (Food & Drugs Administration) without any observations issued by the regulators vide Form 483. The company-update as submitted

NIPPON EXPRESS acquires 22% stake in FUTURE SUPPLY CHAIN for Rs.252 Cr

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered (Kishor Biyani owned) Future Group’s supply chain arm – Future Supply Chain Solutions Ltd said of Japan’s leading logistics player – Nippon Express to acquire 22% in the company. In a press-release as submitted by the company

HIMATSINGKA SEIDE to invest 173.4 mln rupees in Wind-Energy Sector

BENGALURU | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Bangalore headquartered Textiles major Himatsingka Seide Ltd said of the company board having approved investment of 173.4 million (~17.34 crore) rupees in companies engaged in wind-energy sector. The company update as submitted to the Indian Bourses read that,

THOMAS COOK INDIA observes an impressive 21% growth in DURGA PUJA

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered Indian arm of travel, leisure & hospitality multinational brand Thomas Cook said of having observed an impressive 21% growth during Durga Puja festival. In a press-release as submitted by the company to the Indian Bourses, titled –

TVS Motor Company launches TVS NTORQ 125 Race Edition

HOSUR | CHENNAI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Chennai headquartered Indian 2 & 3-wheelers manufacturer TVS Motor Company Ltd said of launching TVS NTORQ 125 Race Edition priced at Rs.62,995/- ex-showroom Delhi. In a press-release as submitted by the company to the Indian

MINDTREE opens New European Headquarters in LONDON

BENGALURU | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, by  Bengaluru headquartered information technology company Mindtree Ltd said of having opened new European headquarters at London in United Kingdoms. In a press-release as submitted by the company to the Indian Bourses titled – “Mindtree Opens New

USFDA issues warning, initiates official action against LUPIN’s Mandideep unit

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered Indian Pharma major Lupin Ltd said of US FDA (Food & Drugs Administration) having issued warning letter and initiated official action against Mandideep facility of the company. The company update as submitted to the Indian Bourses read

LAURUS LABS acquires 100% stake in SOUTH AFRICAN pharma company

VISAKHAPATNAM | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Visakhapatnam (Andhra Pradesh) headquartered pharma company Laurus Labs Ltd said of having acquired 100% stake in a subsidiary company of South Africa based Aspean Pharmacare. The company update as submitted to the Indian Bourses read that, Laurus Labs

TALCHER FERT’s coal gassification project goes to Chinese Co WUHUAN ENGG

NEW DELHI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release issued by Press Information Bureau (PIB) of Government of India, it said that Lump Sum Turn Key (LSTK) contract for Coal Gasification Plant PF Talcher Fertilizers Limited was awarded to M/s Wuhuan Engineering Co. Ltd, China as a part of measures to revival closed

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