News of South Gujarat in Gujarat

RIL subsidiaries transfer 2.71% stake to PETROLEUM TRUST

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered conglomerate Reliance Industries Ltd said of its five subsidiary companies having transferred its 2.71% combined stake comprising of 171.9 million (~17.119 crore) shares to Petroleum Trust, of which the sole beneficiary Reliance Industrial Investments and Holdings Ltd,

(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

APTEL directs RAJASTHAN based DISCOMS to pay compensation to ADANI POWER

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Ahmedabad headquartered Adani Group’s power arm Adani Power Ltd said of APTEL (Appellate Tribunal for Electricity) having issued judgement allowing the claim for compensation for non-availability / shortage of coal linkages vide power purchase agreements for 1,200 MW signed

ADANI POWER bags power supply contract for TAMILNADU, TELENGANA

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Ahmedabad headquartered Indian Conglomerate Adani Group’s power entity – Adani Power Ltd said of one of its wholly owned subsidiary having received letter of award for supply of 295 MW Power to Tamilnadu and Telangana distribution companies, for 3

L&T OMAN bags significant size order for HOTEL CONSTRUCTION

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, L&T Ltd said of L&T Oman’s Buildings & Factories business having bagged significant size order in range of (10 billion rupees to 25 billion rupees) for construction of hotel in Muscat. The press-communication addressed by the company to the

FRENCH Regulators certify WOCKHARDT’s Ankleshwar plant

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Exchanges, Mumbai headquartered Indian Pharma & Health & Wellness company Wockhardt Ltd said of its Ankleshwar not having compliance certification from French National Agency for Medicines and Health Products safety The company update as addressed to the Indian Bourses, read that

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

Gujarat Alkalies Dahej unit’s three plants resume operations

DAHEJ (BHARUCH) | VADODARA | MUMBAI | AHMEDABAD-GANDHINAGAR-RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, chemical manufacturing arm of Gujarat Government said of three plants having resumed operations at Dahej site, which was shut due to water-logging followed by heavy rains in the state. The statement submitted by the company to

Gujarat Alkalies Dahej unit shut, due to water-logging after heavy rains

DAHEJ (BHARUCH) | VADODARA | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Vadodara headquartered Gujarat Government’s Chemical arm – Gujarat Alkalies and Chemicals Ltd, said of having shut Dahej operations due to heavy water-logging. The statement submitted by the company to the Indian Bourses read that, due

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

Adani Group incorporates enterprise to operate airports biz in India and Abroad

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Ahmedabad headquartered diversified corporate major Adani Group said of having incorporated enterprise to operate airports business in India and Abroad. The company statement submitted to the Indian Bourses read that  Adani Enterprises Limited has incorporated a Company namely “Adani

Reliance invests 2.95 bln INR, to buy 87.6% stake in an E-Comm Software Firm

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Indian Conglomerate – Mukesh Ambani led Reliance Group (Reliance Industries Ltd) said of one of its subsidiary companies having brought 87.6% stake in a software technology company for e-commerce, investing 295.25 crore rupees. The statement submitted by the company

Unichem’s Goa facility gets 4 observations from USFDA

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Mumbai headquartered pharmaceuticals company Unichem Laboratories Ltd said of its Goa facility having received 4 observations from US FDA (Food & Drugs Administration). The filing submitted to the exchanges read that, The United States Food and Drug Administration (USFDA)

C S Mani, Independent Director of GNFC resigns

BHARUCH | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Gujarat government’s fertilizers & chemical sector public sector undertaking arm Gujarat Narmada Valley Fertilizers & Chemicals Ltd said of the Independent Director of the company C S Mani resigned from the Board of the Company. The filing submitted

L&T’s Power arm bags FGD system installation order from Damodar Valley Corp

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses, Larsen & Toubro said of its power business arm having won significant size order (in range of 10 billion rupees to 25 billion rupees) from Damodar Valley Corporation for installation of Flue Gas Desulphurization (FGD) system. In a press release

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

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