Last Updated : Friday, July 3, 2020 17:06:02

News of Vadodara in Gujarat

RIL’s JIO Platforms sells 0.39% stake to INTEL CAPITAL for 19 bln INR

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Intel Capital, investment arm of Intel Corporation having invested 19 billion (~1,894.50 crore) rupees in Jio Platforms inturn acquiring 0.39% equity stake in the Jio

Alembic JVC ALEOR DERMA gets USFDA nod to sell gel to treat pimples, cysts

VADODARA (BARODA) / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Vadodara (Baroda) headquartered Amin family owned 100 years old pharmaceutical products manufacturing Indian company Alembic Pharmaceuticals Ltd said of having announced its joint-venture company Aleor Dermaceuticals having received USFDA (US Food & Drugs Administration) nod to sell

SAUDI ARABIAN money pours in RIL’s JIO, buys 2.32% stake paying 114 bln INR

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mukesh Dhirubhai Ambani led Diversified Indian Conglomerate – Reliance Group’s flagship company Reliance Industries Ltd said of public investment fund (PIF) having invested 113.67 billion (~11,367 crore) rupees in Jio Platforms Ltd acquiring 2.32% equity stake on fully diluted basis

TATA POWER bags 120 MW Power Project from GUJARAT Govt’s DisComm

GANDHINAGAR / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Ratan Tata led Diversified Indian Conglomerate – Tata Group’s power arm Tata Power Company Ltd said of having bagged contract to develop 120 MW of Solar Power Project in the state of Gujarat, which has been

SUN PHARMA inks EXCL licensing & dist pact for medicine to treat psoriasis

VADODARA (BARODA) / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Vadodara (Baroda) headquartered pharmaceutical products manufacturing Indian company Sun Pharmaceutical Industries Ltd said of one of its subsidiaries having inked and entered into an exclusive agreement with London (UK) based Hikma Pharmaceuticals PLC for an exclusive licensing

LUPIN gets USFDA nod to sell medicine to treat liver, lung disorders

BALTIMORE (US) / MUMBAI / RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Mumbai headquartered pharmaceutical products manufacturing Indian company Lupin Ltd said of having got USFDA (US Food & Drugs Administration) nod to treat liver and lung disorders. In a press-release titled, “Lupin Receives Approval for Albendazole Tablets USP”, as

RADIO City becomes No.1 Radio Station in Mumbai, Delhi, Bengaluru

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Broadcasting & Cable TV sector company Music Broadcast Ltd said of its flagship FM Radio brand Radio City having created history, the FM services ranked as number one radio station in Mumbai, Delhi and Bengaluru, as per the

L&T-made part Installed @ World’s Largest Nuclear Fusion Project in FRANCE

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Constructions & Engineering sector Indian company Larsen & Toubro Ltd said of the company manufactured major cryostat base got installed at the World’s largest Nuclear Fusion project in France. In a press-release titled, “L&T-made Major Cryostat Base Installed

USFDA grants Orphan Drug Status for medicine to treat neuromascular disorders

ZUG (SWITZERLAND) / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Pharmaceutical products manufacturing Indian company Lupin Ltd said of USFDA having granted one of the medicine to treat neuro-mascular disorders as orphan drug designation. Orphan drug designation allows companies an exclusive marketing, and development rights

ABU DHABI INV AUTHORITY buys 1.16% stake in RIL’s JIO paying 57 bln INR

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Abu Dhabi Investment Authority (ADIA) having invested 57 billion (~5,683.50 crore) rupees in the company’s data & telecom arm – Jio Platforms Ltd.

SILVER LAKE & Co-Investors buy addl 2.08% stake in (RIL’s) JIO Platforms

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Silver Lake and co-investors to buy additional 2.08% stake in JIO Platforms Ltd, paying 46 billion (~4,546.80 crore) rupees. In a press-release titled,

SUN PHARMA starts 2nd phase AQCH clinical trials, potential COVID19 remedy

VADODARA / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Vadodara (Baroda) Gujarat headquartered Dilip Shanghvi led pharmaceutical products manufacturing Indian company Sun Pharmaceutical Industries Ltd said of having initiated Phase-II clinical trials on AQCH, a phytopharmaceutical drug, which is also being termed as potential treatment for COVID19

L&T CONSTRUCTION bags Large Contract for Heavy Civil Infra Biz Vertical

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Construction & Engineering sectorIndian major company Larsen & Toubro Ltd said of its construction arm L&T Construction having bagged large size (in range of 25 billion to 50 billion rupees ~ 2,500 crore to 5,000 crore rupees) contract

MUBADALA (Abu Dhabi) buys 1.85% stake in (RIL’s) JIO Platform, for 91 bln INR

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Dhirubhai Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of having bagged 91 billion (~9,093.60 crore) rupees investment in telecom-data & information technology arm of the company Jio Platforms Ltd. In a

RIL’s 531 bln rupees Rights Issue get subscribed 1.59 Times @ 840 bln rupees

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of having received overwhelming response to the company’s rights issue of 531.24 billion (~53,124.20 crore) rupees, which was offered to existing shareholders, which got

To treat neuromascular disorders, LUPIN inks drug distribution pact in EU

ZUG (SWITZERLAND) / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered pharmaceutical products manufacturing Indian company Lupin Ltd said of having inked distribution agreement in key European Union (EU) territories for a medicine to treat neuromascular disorders. In a press-release titled, “Lupin Signs Distribution Agreement in

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