News of Saurashtra-Kutch in Gujarat

Indian Coast Guard launches ICGS VARUNA at Reliance Naval (Pipavav)

PIPAVAV (AMRELI) – Indian Coast Guard’s trainning vessel ICGS VARUNA was launched today from Reliance Naval and Engineering Ltd’s (RNEL) Shipyard here. The primary role of the vessel is to impact basic sea training to the under trainee officers of Indian Coast Guard along with their Naval counterparts. While on-board on ICGS VARUNA under trainee officers

Adani hand-shakes with French Energy Major Total, to sell fuel & gas in India

PARIS | NEW DELHI | AHMEDABAD | MUMBAI | RAJKOT – Keeping in view the road infra growth story and the rising middle class consumer in India, French energy major Total S.A. inked pact with Indian conglomerate Adani Group to enter the energy market in India. Both companies aim to develop multi-energy offerings to the

Maruti Suzuki’s Japan-India Mfg Inst in Gujarat, welcomes 2nd batch

MEHSANA | NEW DELHI | MUMBAI | RAJKOT – After recording 100% placement for its first batch, Maruti Suzuki’s Japan—India Institute for Manufacturing (JIM) at Ganpat University in Mehsana, Gujarat welcomed its second batch of 362 students, the company said in a press release submitted to the exchanges in India on Tuesday. JIM is set

Godhra (Panchmahal) tunes into Sambhaav Media’s Top FM Radio

AHMEDABAD | MUMBAI | RAJKOT – Sambhaav Media Ltd said in regulatory filing submitted on Thursday of having started FM Radio station at Godhra in Gujarat. This is in furtherance to our earlier submission of last year regarding receipt of FM Radio licenses in 13 difference stations under E-Auction of Second Batch of Private FM

Ashapura Intimates Fashion’s MD Harshad Thakkar goes missing, stock crashes

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchange in India on Wednesday, Mumbai headquartered Ashapura Intimates Fashions Ltd said of the Managing Director of the company, Harshad Thakkar has gone missing. Harshad Thakkar is an entrepreneur from Kutch-Bhuj (Gujarat) and there have been reports of he having gone missing, of which

Experts Say, “#GujaratExodus may hit the new investments …”

AHMEDABAD | VADODARA | SURAT | RAJKOT – #GujaratExodus, process of workers from Bihar and Uttar Pradesh travelling back to their home, may trigger a situation, which may hit the new investments, especially when the Vibrant Gujarat 2019, Global Investors Summit is around, industry experts from across the state fear the phenomena. Industries which may

RIL subsidiary acquires 37% stake in US based analytics biz tech start-up Netradyne

MUMBAI | RAJKOT – In an update submitted to the Indian Bourses today, Reliance Industries Ltd said of its subsidiary company having acquired 37% stake in a US (Delaware) based analytics business tech start-up Netradyne paying US$ 8 million (~581 million rupees) subscribing 4 million shares. Reliance Industrial Investments and Holdings Limited (“RIIHL”), the wholly

GE Shipping takes delivery of Secondhand Gas Carrier

MUMBAI | RAJKOT – In a press release submitted to the exchanges in India on Wednesday, The Great Eastern Shipping Company Ltd said of having taken delivery of a secondhand very large gas carrier. The Company took delivery of a secondhand Very Large Gas Carrier “Jag Vasant” of about 83,270 cbm. The Company had contracted

Vijaya Bank and Dena Bank amalgamate with Bank of Baroda

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory filing submitted by Dena Bank, Vijaya Bank and Bank of Baroda, to the Stock Exchanges in India on Tuesday, all three banks have said of having amalgamated vide the directive from Ministry of Finance, Government of India. The Bank has received a communication from Ministry

Suzlon Energy & CLP India, partner for two solar projects, in Maharashtra

PUNE | MUMBAI | RAJKOT – After wind the Tulsi Tanti led Suzlon Energy goes aggressive on investments in Solar Renewable Energy, in a regulatory filing along with press communications submitted to the Exchanges in India on Tuesday, Suzlon Energy Ltd said of having entered into partnership with CLP India for two solar projects in

Welspun Enterprises’ updates NHAI announcement on Ganga Bridge project

VERSAMEDI-ANJAAR (KUTCH-BHUJ) | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Monday, Welspun Enterprises Ltd said of National Highways Authority of India (NHAI) having declared the appointed date for the Six laning of Aunta-Simaria (Ganga Bridge with approach roads). National Highways Authority of India (“NHAI”) has declared the

RIL subsidiary shells 92 crore rupees to buy stake in fashion & lifestyle brands

MUMBAI | RAJKOT – Reliance Industries Ltd’s subsidiary companies Reliance Brands Ltd and Reliance Retail Ventures Ltd  have now acquired a combined stake of 65.77% in Genesis Colors Ltd, the company (RIL) said in regulatory filing submitted to the Exchanges in India, on Monday. Reliance Retail Venture Ltd, subsidiary arm of Reliance Industries Ltd paid

RBI certifies Reliance Cap as Core Investment Company

MUMBAI | RAJKOT – Reliance Capital Ltd said in regulatory filing submitted to the Exchanges in India on Friday of the company having received Reserve Bank of India Certification as Core Investment Company. The Company has received Certificate of Registration from the Reserve Bank of India as a Core Investment Company- Non-Deposit Taking Systemically Important

In just one month, Adani incorporates the fourth foodgrain silos company

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India, Adani Enterprise Ltd said of having incorporated one more agri-logistics company – Adani Agri Logistics Samastipur Ltd, which shall be engaged in storage of foodgrains in silos. This is the fourth such wholly owned subsidiary incorporated by Adani Agri

Welspun Corp bags 220 KMT pipe-supply order from US

ANJAAR (KUTCH-BHUJ) | MUMBAI | RAJKOT – Welspun Corp Ltd on Thursday, said in regulatory filing submitted to the Stock Exchanges in India of having bagged pipe supply order from Oil-Gas sector company in America region. We are pleased to inform you that we have entered in to an agreement for supply of @ 220 KMT