News of Saurashtra in Gujarat

(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

PIDILITE INDUSTRIES (FEVICOL) kicks-off manufacturing plant in BANGLADESH

DHAKA (BANGLADESH) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Mumbai headquartered adhesive market-leader company Pidilite Industries Ltd said of having kicked-off manufacturing operations at Bhaluka in Mymensingh in Bangladesh. The press-communications submitted by the company to the Indian Bourses, titled – “Pidilite unveils state-of-the-art adhesive

Sun Pharma inks licensing agreement to sell generic products in China

VADODARA (BARODA) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release submitted to the Indian Exchanges, Vadodara (Baroda) Gujarat headquartered pharma major Sun Pharmaceutical Industries Ltd and China Medical System Holdings enter into a licensing agreement for generic products in Mainland China. The press-release titled “Sun Pharma and China Medical System Holdings Enter into

WEEKEND FEATURE | IN IMAGES | IAF’s Week of Action | Wrath of Weather or Fury of War! Air Warriors are (Ever)Ready

AHMEDABAD | RAJKOT – This last week which started from August 4, 2019 – Sunday remained action packed, for the Indian Air Force, especially the war was against the weather and then it was being prepared for the geo-political situation likely to rise, after the Government of India declared parts of Jammu & Kashmir and

Financie Minister of India to meet Foreign Investors Portfolio representatives to understand current scenario of financial markets

NEW DELHI | AHMEDABAD-GANDHINAGAR-RAJKOT – In an official communication statement issued by the Finance Ministry of Government of India, as signed by Finance Ministry Secretary Atanu Chakraborty, representatives of Foreign Investors Portfolio are invited for an interaction with the Finance Minister Nirmala Sitharaman on Friday between 4:00pm to 5:00pm, to understand the prevailing current scenario

Mahindra to observe “NO PRODUCTION DAYS” at its plants in FY2019-2020

MUMBAI | AHMEDABAD-GANDHIANGAR-RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered Indian Auto major Mahindra & Mahindra Ltd said of observing NO PRODUCTION DAYS across its plants for financial year 2019-2020 The statement submitted by the company to the Indian Bourses, read that, The Company at its Automotive Sector, and

GP Petro shuts Daman plant from Aug 31, 2019 – absorbs staff at Vasai Plant

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Exchanges, Mumbai headquartered GP Petroleums Ltd said of shutting its Daman plant from August 31, 2019 and will absorb existing staff at Vasai plant operations. The statement submitted by the company to the Indian Bourses read that, We hereby inform you

Sun Pharma announces regulatory filing of psoriasis treatment drug in Japan

VADODARA (BARODA) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Vadodara (Baroda) headquartered pharma major Sun Pharmaceuticals Ltd said of having filed regulatory filing for drug used to treat psoriasis diseases – Tildrakizumab, in Japan. The press release titled, “Sun Pharma Announces Regulatory Filing of Tildrakizumab

Netherlands Embassy-CII Rajkot conduct workshop for biz opps & partnerships

RAJKOT – On a Tuesday evening, CII (Confederation of Indian Industry) Rajkot office in collaboration with Netherlands Business Support Office (NBSO) Ahmedabad, Embassy of Netherlands conducted a workshop at Fortune Park, JPS Grand Hotel in the city, which was for assembly of entrepreneurs and SME owners detailing on Trade & Innovation, Opportunities for Partnerships &

MDA led Reliance Group completes acquisition of Hamleys (Toys brand) for £67.96 million

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Bourses, Indian conglomerate Mukesh Dhirubhai Ambani owned Reliance group said of having completed acquisition of Hamleys Global Holdings Ltd for cash-consideration of Great Britain (Sterling) Pound £67.96 million. The filing submitted to the exchange read that, Further to our previous communication

R-Infra Creditors ink agreement to implement resolution plan in 6 months

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses, Anil Dhirubhai Ambani Group’s (ADAG) Infra arm Reliance Infrastructure Ltd said of 16 lenders to the company having inked inter-creditor agreement, for the resolution of the company’s debt, vide which the resolution plan of the company shall be implemented in

Sun Pharma tie-ups with Chinese Pharma Co, to develop & commercialize Psoriasis treatment drug

VADODARA (BARODA) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release submitted to the stock exchanges in India, pharma major Sun Pharma said of entering into licensing agreement with a Chinese company for development and commercialization of treatment for psoriasis and psoriatic arthritis. The press release submitted to the Indian Bourses by the company

Gujarat State Pollution Regulator slams closure notice to Excel Crop Care’s Bhavnagar unit

GANDHINAGAR | BHAVNAGAR | MUMBAI | AHMEDABAD | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Excel Crop Care Ltd said its Bhavnagar unit will shut down for 15 days, following a closure notice from Gujarat Pollution Control Board (GPCB). In an update the company communicated that,  as per an Order

TRAI data says, Reliance JIO crosses 20 million (2 Cr) subscriber mark in Gujarat

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR-RAJKOT – In a press release issued by Reliance Jio Infocomm Ltd, the company claimed of having crossed 20 million (2 crore) subscribers mark in the state of Gujarat, as per the data made available by Telecom Regulatory Authority of India (TRAI). For first time since inception of telecom services

After winning polls for 17th Lok Sabha Term, Union Council of Ministers take charge

NEW DELHI | AHMEDABAD-GANDHINAGAR | RAJKOT – After having completed the oath taking ceremony organized on Thursday by India Prime Minister Narendra Damodardas Modi and anointed ministers, as per the directive issued by the Prime Minister’s office The President of India has directed the allocation of portfolios among 58 members of the Union Council of