Last Updated : Friday, January 17, 2020 19:41:04

News of India in Gujarat

GOCL CORP approves UNION BANK OF INDIA’s $300 mln credit facility offer

HYDERABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Hyderabad headquartered oil marketing & distribution multinational Gulf Oil’s Indian arm GOCL Ltd (formerly Gulf Oil Corporation Ltd) said of its board of directors having accepted line of credit/Standy Letter of Credit (SBLC) facility amounting to USD $300

NCLT nods merger of subsidiaries with BOROSIL GLASS WORKS

MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered houseware products manufacturing company Borosil Glass Works Ltd said of NCLT (National Company Law Tribunal) Mumbai bench having sanctioned and approved merger between Vyline Glass Works Ltd, Fennel Investment and Finance Pvt Ltd, Gujarat Borosil Ltd into Borosil

KALPATARU POWER commissioned element 1 of ALIPURDAUR TRANS

MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Heavy Electrical Equipment manufacturing company Kalpataru Power Transmission Ltd said of having successfully connected Element-1 of Alipurdaur Transmission line in Alipurdaur-Siliguri Line with the interconnection facilities of the grid. The release, titled, “KPTL SUCCESSFULLY COMMISSIONED ELEMENT 1 OF

WIPRO VENTURES announces closing of USD $150 million Fund II

MOUNTAIN VIEW (CALIFORNIA, US) | BANGALORE | MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Bengaluru headquartered Indian Information Technology major – WIPRO Ltd said of its strategic investment arm – Wipro Ventures having announced second rounds of funds as Fund II amounting to USD $150 million which has

PCRA’s Fuel Conservation campaign SAKSHAM 2020 launched

NEW DELHI | RAJKOT – In a press-release issued by Press Information Bureau (PIB) of India, it read of the fuel conservation mega one-month campaing “SAKSHAM” 2020 from Petroleum Conservation Research Association (PCRA) has been launched under the aegis of Ministry of Petroleum and Natural Gas. The press-release titled, “Fuel Conservation mega campaign of PCRA

THOMAS COOK (INDIA) eyes increased vacation opps in 2020 offers scheme

MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Thomas Cook (India) Ltd, travel and tourism services providing Indian arm of global multinational Thomas Cook, said of eying increased vacation opportunities with 2020 offering 21 extended weekend launches “Smart Weekends 2020” micro-cations across domestic & international destinations.

India’s First New Discovery Antibiotics from WOCKHARDT gets Regulatory nod

MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered pharmaceuticals company Wockhardt Ltd said of having got Indian Regulatory approval for India’s first new discovery of antibiotics. The press-release titled, “India’s First New Discovery Antibiotics from Wockhardt Granted Indian Regulatory Approval”, enclosed with the regulatory filing as

STRIDES PHARMA gets USFDA nod to market nasal treatment drug

BANGALORE | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Bangalore headquartered Strides Pharma Science Ltd said of having USFDA (US Food and Drugs Administration) nod to market nasal treatment drug – Loratadine OTC Softgel Capsules in 10 mg dosage value. The press-release titled, “Strides receives USFDA approval for Loratadine OTC Softgel Capsules”, enclosed with

INDIAN RAILWAYS organizes RENEWABLE ENERGY INVESTORS’ meet

NEW DELHI | RAJKOT – In a press-release issued by Press Information Bureau (PIB) of India, it read of Indian Railways having organized Renewable Energy Investors’ meet where leading financers and leading renewable energy organizations attended the meet and shared their expectations of being partners in the journey of renewable energy of Indian Railways. The

INDO-NORDIC Defence Co-operation pact inked @ RAISINA DIALOGUES 21@20

NEW DELHI | RAJKOT – In a press-release issued by Press Information Bureau (PIB) of India, it read that, on the sidelines of Raisina Dialogue 2020, Indo-Nordic defence co-operation pact has been inked, wherein India and Finland having inked Memorandum of Understanding to embrace bilateral defence co-operation in the field of production, procurement, Research &

INDIAN Coal Ministry Releases Discussion Paper on Auction of Coal Mines

NEW DELHI | RAJKOT – In a press-release issued by Press Information Bureau (PIB) of India – press & publicity arm of Indian Government, it read of the Coal Ministry under Government of India having released discussion paper on auction of Coal Mines for sale of coal, specifically highlighting the auction of coal mines expected

BHARTI AIRTEL raises USD $3 billion successfully through QIP & FCCB

NEW DELHI | MUMBAI | RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Telecom Major Bharti Aritel Ltd said of having raised USD $ 3 billion successfully from international markets and pricing of foreign convertible currency bonds (FCCB) offering strong response from marquee Global, Asian and

LEMON TREE debuts in Rishikesh with LEMON TREE PREMIER

NEW DELHI | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, New Delhi headquartered Lemon Tree Hotels Ltd, engaged in hospitality services said of having debut launch at Rishikesh opening Lemon Tree Premier located on the banks of River Ganges. The release titled, “Lemon Tree Hotels Ltd. debuts

PERSISTENT SYSTEMS and Fintech help Credit Unions in UK, go digital

LONDONG (UK) | SANTA CLARA (CALIFORNIA, US) | PUNE | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Pune headquartered information technology services company Persistent Systems Ltd alongwith financial technologies (fintech) platform leader Gojoko announced joint offering – The Community Lenders Gô Digital®, which will help the credit unions

GODAWARI POWER’s subsidiary, wins 23 mln rupees arbitration claim

RAIPUR (CHHATTISGARH) | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Raipur (Chhattisgarh) headquartered Godawari Power & Ispat Ltd said of one of the company’s subsidiary having won arbitration dispute in tune of 23.1 million (~2.31 crore) rupees from an Engineering, Procurement and Construction (EPC) contractor appointed, for a

NOVELIS (HINDALCO Subsidiary) announces pricing of $1.6 bln bonds due 2030

ATLANTA | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Hindalco Industries Ltd – aluminium manufacturing arm of Diversified Indian Conglomerate – Aditya Birla Group, said of one of its wholly owned subsidiary companies Novelis Inc., priced an offering of USD $1.6 billion bonds with coupon rate of

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