News of Surat in Gujarat

From ports to airports, now on roads! Adani bags 2,923 cr rupees road projects

AHMEDABAD | MUMBAI | RAJKOT – After having forayed into ports and airports, now Adani group forays into road-construction business. In a regulatory update submitted to the Indian Exchanges on Tuesday, Adani Enterprises Ltd said of its wholly owned subsidiary Adani Transport Ltd having bagged 2 projects of 4-laning roads in Telangana state from NHAI

ADAG led RComm urgently approves release of Rs.2.6 bln to Ericsson

MUMBAI | RAJKOT – In a press release submitted to the Indian Bourses, Reliance Communications group has requested urgent approval from its lenders to release approx. Rs.260 crore (2.6 billion) received from Income Tax refunds, lying in its bank account, directly to Ericsson. A sum of Rs.118 crore (1.18 billion) has already been deposited with

London Court dismisses Dredging Corp’s arbitration award appeal against Mercator

MUMBAI | RAJKOT – In a press communication submitted to the Indian Bourses on Monday, Mumbai headquartered shipping company Mercator Ltd said of London Court having dismissed appeal filed by Dredging Corporation of India (DCI) Ltd, regarding the the arbitration award of 500 million (50 crore) rupees, payable to Mercator. According to Mercator press statement,

“Those who visit India regularly, will feel a change,” – India PM Narendra Modi

MAHATMA MANDIR [GANDHINAGAR] – Prime Minister Narendra Modi inaugurated the 9th edition of Vibrant Gujarat Summit at Mahatma Mandir Exhibition cum Convention Centre in Gandhinagar today. Giving an account of the measures the present day National Democratic Alliance (NDA) government has undertaken to improvize the state of economy of nation, India Prime Minister Narendra Modi said, “who

#DLGEXCLUSIVE, #DLGPollVault2019 | #48hrs post PM Narendra Modi’s Interview, Juggernaut rolls out!

ANI EXCLUSIVE INTERVIEW OF INDIA PRIME MINISTER NARENDRA DAMODARDAS MODI BY ANI EDITOR SMITA PRAKASH

By HIMANSHU BHAYANI – https://twitter.com/hbtwits4u – https://youtube.com/himsbhay – https://facebook.com/himanshu.bhayani – https://linkedin.com/in/himanshubhayani NEW DELHI | RAJKOT – After 48 hours of the Super Exclusive Interview India Prime Minister Narendra Modi gave to ANI (Asia News International) Editor-in-Chief Smita Prakash, the scribe has emerged as one juggernaut in internet space, as the media, intellectuals and politicians are

#DLG PollVault | BJP Gears for LokSabha Election 2019, announces list of incharge for 18 territories

NEW DELHI | RAJKOT – In a press communication announced today evening by Bharatiya Janta Party (BJP), the party has announced names of incharges for 18 territories, including Andhra Pradesh, Assam, Bihar, Chhattisgarh, Gujarat, Himachal Pradesh, Jharkhand, Madhya Pradesh, Manipur, Nagaland, Odisha, Punjab, Rajasthan, Sikkim, Telangana, Uttarakhand, Uttar Pradesh and Chandigarh. Om Prakash Mathur, retains

RIL incorporates subsidiary company in Estonia (Northern Europe)

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Friday, Reliance Industries Ltd said of having incorporated company in Estonia (Northern Europe) to engage in software development and consultancy biz. Reliance Industrial Investments and Holdings Limited (RIIHL), a wholly owned subsidiary of the Company, has incorporated a company viz.,

Adani’s Enterprises’ metallic move, incorporates Copper Company

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Exchanges in India, Ahmedabad headquartered and Gautam Adani led Adani Enterprise Ltd said of having incorporated wholly owned subsidiary Mundra Copper Ltd, business entity owned by Adani Group aimed at developing, operating and maintaining of Copper Smelter Plant. Adani Enterprises Limited (AEL),

Adani Gas bags 13 City Gas Distribution projects, will expand Pan-India

AHMEDABAD | MUMBAI | RAJKOT – In a press release submitted to the Exchanges in India on Wednesday, Adani Gas said of having bagged 13 City Gas Distribution projects will expand its presence pan-India. Adani Gas Ltd. (AGL), the city gas distribution arm of the Adani Group, has bagged authorization from the Petroleum and Natural

MY FM (DB Corp) raises radio advertisement rates by 15%

BHOPAL | AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Monday, DB Corp Ltd said of having hiked advertisement rates on radio by 15%, with effect from 15th November, 2018 – Thursday. DB Corp Limited (DBCL), print media company and home to flagship newspapers Dainik Bhaskar,

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

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

Torrent Power wins bid for 115 MW Wind Power Project

AHMEDABAD | MUMBAI | RAJKOT – In an corporate update filed with the Indian Bourses on Wednesday, Torrent Power Ltd said of having won bid for 115 MW wind project, in e-reverse auction process conducted by Solar Energy Corporation of India (SECI) Ltd, on September 25, 2018. The company had bid tariff for proposed capacity

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