Last Updated : Thursday, January 16, 2020 00:36:27

News of Surat in Gujarat

FASTag Rules relaxed for 65 NHAI toll plazas

NEW DELHI | RAJKOT – In a press-release issued by Press Information Bureau (PIB) of India, it read of Union Ministry of Road Transport and Highways having decided to relax the conditions regarding declaration of FASTag fee lanes for 30 days from today at identified 65 high cash transactions fee plazas of National Highway Authority

L&T Construction bags Large Contracts in range of 25-50 bln INR

MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Indian infrastructure major – Larsen & Toubro Ltd’s construction arm said of having bagged large orders (in range of 25 billion to 50 billion rupees ~ 2,500 crore to 5,000 crore rupees) from states of West Bengal and

INDIA HOME MIN chairs ISLAND DEVELOPMENT meet

NEW DELHI | RAJKOT – In a press-release issued by Press Information Bureau (PIB) of India, press & publicity arm of Indian Government, it read of Union Minister of Home Affairs, Amit Shah having chaired sixth meeting of the Island Development Agency (IDA) with a view to focus on Green Development of the islands surrounding

SEZ policy revamp soon, BABA KALYANI Report recommendations reviewed

NEW DELHI | RAJKOT – In a press-release as issued by Press Information of Bureau (PIB) of India – press & publicity arm of Indian Government, it said of Commerce & Industries and Railways Minister Piyush Goyal chaired a meeting on 9th January, 2020 in New Delhi to review the remaining recommendations of the Baba

Despite IUC charges, RJio added subscribers in Gujarat, in October – says TRAI

NEW DELHI | MUMBAI | RAJKOT – In a press-release issued by Indian Diversified Conglomerate Reliance Group’s telecom arm – Reliance Jio Infocomm Ltd, the company said of continuing to add subscribers despite the Interconnect Usage Charges (IUC) charges levied, in October, which has been the finding of the TRAI, according to the release. The

ADANI PORT to acquire 75% stake in KRISHNAPATNAM PORT, for 135 bln INR

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered India Diversified Conglomerate Adani Group’s flagship and port sector arm – Adani Ports and Special Economic Zone Ltd said of having intent to acquire controlling stake of 75% in Krishnapatanam Port Company Ltd (KPCL), the second

GUJARAT GOV nods infra, healthcare, water-mgmt projects worth 18.88 bln INR

GANDHINAGAR | RAJKOT – In a press-release issued by Information Department of Gujarat, press & publicity arm of Gujarat Government it read that Gujarat Chief Minister Vijay Rupani approved infrastructure, healthcare and water-infra projects including urban infra, healthcare, water infra etc across 6 municipal corporations (urban civic bodies) including Ahmedabad, Vadodara, Surat, Rajkot, Jamnagar and

IN IMAGES & VIDEO | AMBANIS @ DWARKADHISH TEMPLE, on a NEW YEAR EVE

DWARKA | RAJKOT – In a surprise to all present in the campus of Temple of Lord Dwarkadhish at Dwarka, today evening around 18:00 hrs IST, it was none other than the head honcho of the diversified Indian Conglomerate RELIANCE GROUP’s Chairman Mukesh Ambani with his wife Nita Ambani and his son Anant, Daughter Isha

WAAREE ENERGIES to solarize 84,000 homes in Gujarat, in next 6 months

MUMBAI | SURAT | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release issued by Waaree Energies Ltd, flagship company of Mumbai headquartered Waaree Group, said of the solar panels manufactured by the company to solarize 84,000 homes in Gujarat. In a press-release titled, “WAAREE PANELS TO SOLARIZE 84000 HOMES IN GUJARAT,” it further read that,

ADANI forays in Cold Chain logistics biz, acquires stake in SNOWMAN LOGISTICS

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered diversified conglomerate Adani Group’s port, special economic zone and logistics arm – Adani Ports and Special Economic Zone Ltd said one of one of its wholly owned subsidiary company Adani Logistics Ltd having acquired 40.25% stake,

ADAG led REL INFRA wins 3.5 bln rupees arbitration, from Goa Govt

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Anil Dhirubhai Ambani Group (ADAG) led Reliance Infrastructure Ltd said of having won arbitration award amounting to 3.5 billion (~350 crore) rupees from Goa Government over legal dispute for delayed payments to the company for power supplied from

ADAG led REL INFRA wins arbitration of 12.5 bln against DAMODAR VALLEY CORP

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Anil Dhirubhai Ambani led Reliance Infrastructure Ltd said of having won a major arbitration award of Rs.12.50 billion (~1,250 crore) rupees against Damodar Valley Corporation, a Government of India undertaking. Three member Arbitration Tribunal unanimously gave

Indian Marine Exports to remain Damp, says Drip Capital Report

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release shared by US based trade finance company Drip Capital Ltd regarding its report on outlook of Marine Exports, it said of the Indian Marine Exports primely to US and EU is expected to remain damp, primely due to stringent quality norms, consumer preference and anti-dumping duty

RIL picks 90.5% stake in E-learning co for 716.43 million rupees

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Indian Diversified Conglomerate – Reliance Group’s hydrocarbon arm Reliance Industries Ltd said of having acquired 90.5% stake in eDreams Edusoft Pvt Ltd for cash consideration of 716.43 million (~71.64 crore) rupees through its subsidiary Indiavidual Learning Pvt Ltd

ArcelorMittal and NIPPON STEEL complete acquisition of Essar Steel

LONDON (UK) | HAZIRA (SURAT) | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release as shared with media by ArcelorMittal, the Global Steel Major announced of having completed acquisition of Essar Steel India Ltd and having established a joint-venture with Nippon Steel Corporation called ArcelorMittal Nippon Steel India Ltd, which will own and operate Essar Steel

RELIANCE – BP move forward with Indian fuels partnership

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Indian Diversified Conglomerate – Reliance Group’s hydrocarbon arm Reliance Industries Ltd said of inked definitive binding agreement with BP relating to the formation of their new Indian fuels and mobility joint venture. In a press-release as communicated by

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