News of South Gujarat in Gujarat

L&T bags large order from Saudi Arabia, for construction of Gold Processing facility

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a major international competitive bidding process, the Metallurgical & Material handling Business of L&T Construction has been awarded a Large order from MA’ADEN Gold and Base Metal Company (MGBM), wholly owned subsidiary of Saudi Arabia Mining Company (MA’ADEN) for setting up Mansourah Massarrah Gold project. Ma’aden is the

#DLGPOLLTRIX2019 | Poll Data, Numbers & United Colours of Gujarat (IN IMAGES)

AHMEDABAD | GANDHINAGAR | RAJKOT – Registered averaged voters turnout across 26 Lok Sabha constituencies in the state of Gujarat for Lok Sabha 2019 Phase-3 polls increased by just 1.54% at 63.90%, over the Lok Sabha 2014 registered voters turnout which was 62.36%. However the registered electoral numbers added to the election commission’s database in

#DLGQ4FY19EARNINGS | TV18 Broadcast’s Consolidated Net Profit YoY for Q4FY19 (Jan-Mar Quarter) shoots-up 6 folds!

MUMBAI | AHMEDABAD | GANDHINAGAR | RAJKOT – In a regulatory quarterly earning update for fourth quarter of financial year 2018-19 ie January to March quarter, TV18 Broadcast Ltd reported a sharp jump in year-on-year consolidated net profit of the company which grew 6 folds at 300 million rupees (299 million rupees to be precise)

L&T Hydrocarbons bags SIGNIFICANT SIZE projects from India, Oman

MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Exchanges, L&T Hydrocarbons said of having bagged significant amount of orders (in range of 1,000 Crore – 2,500 Crore INR ~ 10 Billion to 25 Billion INR) from oil-&-gas sector clientele in India and Oman. Organized under Offshore, Onshore, construction services, modular fabrication

SRF’s Dahej plant to resumes ops, was shut vide directives from State Pollution authority

DAHEJ | GURUGRAM | RAJKOT – In a regulatory update statement submitted to the Indian Bourses on Wednesday, Gurugram Headquartered SRF Ltd said of its Dahej plant to resume operations soon, vide the revocation order dated 3″“ April 2019 which has been issued by Gujarat Pollution Control Board (GPCB) and in compliance with the said

CONCOR’s total container handling for Q4(Jan-Mar) FY2019 up 3% YoY @ 9,78,930 TEUs

NEW DELHI | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Container Corporation (CONCOR) of India Ltd, a multimodal logistics company and one of the Navratna public sector undertaking ventures of Indian Government reported 3% growth in the total container traffic handled for Q4 (Jan-Mar) of Financial year 2018-19

L&T sells its entire stake held in L&T Kobe Machinery for 435 million INR

MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Larsen & Toubro (L&T) Ltd  has entered into a definitive agreement with KOBE STEEL, LTD., a company registered in Japan, on April 2, 2019 for the divestment of its entire stake in L&T Kobelco Machinery Private Limited, a 51:49 joint venture between

Jet grounds additional 15 Aircrafts, grounded aircrafts now 60

MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses on Tuesday, in evening, after closing hours of trading session on Bourses, Jet Airways Ltd said of grounding additional 15 aircrafts, due to non-payment of amounts outstanding to lessors under their respective lease agreements. As mentioned earlier, the Company is actively engaged with

Indain Gas Regulator – PNGRB awarded City Gas Distribution bids in 50 Geographical Areas, to 12 successful bidders

NEW DELHI | RAJKOT – PNGRB (Petroleum and Natural Gas Regulatory Board) launched 10th CGD Bidding Round on 06th November 2018, for development of City Gas Distribution (CGD) networks for the 50 Geographical  Areas (GAs) which includes 124 districts (112 complete and 12 part), spread over 14 States and Union Territories (UTs) in India. The regulator

Deepak Parekh steps down from Network18 Media & Investments board

MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Exchanges on Monday late night, Network18 Media & Investments Ltd said of Banking Baron Deepak Shantilal Parekh (HDFC Bank), Independent Director, on the board of Network18 Media & Investments, has expressed his inability to continue on the Board of the Company (Network18 Media

Adani Ports 2020 target to attain 200 MMT cargo handling, achieved in 2019

AHMEDABAD | MUMBAI | RAJKOT – In a press release submitted to the Indian Stock Exchanges on Wednesday, Private Port sector major Adani Ports & Special Economic Zone Ltd said of having attained 200 million metric tons combined cargo handling mark, across the ports beehived under the company’s flagship on east and west coast. With

Fire reported at Dahej unit of Meghmani Organics

DAHEJ | AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Stock Exchanges in India, on Tuesday, Ahmedabad headquartered Chemical manufacturer Meghmani Organics Ltd said of fire having broken out at Dahej plant, of which the company is gauging the loss due to fire and the cause of fire. Out of

L&T Hydrocarbon bags Coke Calciner Project in Oman

MUMBAI | RAJKOT – In a press release submitted to the Indian Stock Exchanges, Larsen & Toubro Ltd said of L&T Hydrocarbon Engineering Awarded a Large Contract (in range of 2,5 billion~2,500 crore rupees to 50 billion~5,000 crore rupees) for Coke Calciner Project in Sohar Industrial Estate, Oman. For more details click the link given

RIL invests in a newly incorporated realty & infra entity

MUMBAI | RAJKOT –  In a regulatory filing submitted to the Exchanges in India on Friday, Reliance Industries Ltd said of having invested Rs 5,00,000 (5 lakh ~ 0.5 million) in cash in 50,000 equity shares of Rs. 10 each of “Reliance Navi Mumbai Infra Limited” (RNMIL), a newly incorporated entity. RNMIL is incorporated with