News of Valsad in Gujarat

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

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

Vijaya Bank and Dena Bank amalgamate with Bank of Baroda

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory filing submitted by Dena Bank, Vijaya Bank and Bank of Baroda, to the Stock Exchanges in India on Tuesday, all three banks have said of having amalgamated vide the directive from Ministry of Finance, Government of India. The Bank has received a communication from Ministry

IN IMAGES | Heavy Rains forecast in GUJARAT, SARKAR boards IAF Chopper, reaches GIR SOMNATH

GANDHINAGAR | AHMEDABAD | RAJKOT – DAY -1 : MONDAY | JULY 16, 2018 – Satellite image issued by Indian Meteorology Department (IMD) warms severe rainfall across Gujarat. Following IMD Warnings, Gujarat Government has engaged into a complete preparedness to address any situation arising out of heavy rainfalls, especially in low lying areas and coastal

TGIF for Shipping Sector in India – vessel deliveries & new orders on Friday the 13th makes news

COCHIN | MUMBAI | RAJKOT – Thank God its Friday (TGIF) for the shipping sector of the nation, today four companies from Shipping sector in the nation had a lot of business, and you bet it was all they informed the Indian Bourses on Friday the 13th. Cochin Shipyard Ltd got a new order worth

Indian Gov Cruises over Cruise Tourism Policy, MUMBAI to Hub Cruise Tourism

NEW DELHI | MUMBAI | RAJKOT – Nitin Gadkari, Minister of Shipping, Road Transport & Highways, Water Resources, River Development & Ganga Rejuvenation chaired an interactive session of various stakeholders of the travel and tourism trade in Mumbai last week, to formulate an action plan for realizing the full potential of Cruise Tourism in the

Aarti Industries forms subsidiary company Arti Surfactants

MUMBAI | RAJKOT – Gogri family owned Aarti Industries Ltd has formed a wholly owned subsidiary company Arti Surfactants Ltd, authorizing paid-up share capital of 500,000 (~ 5 lakh) Indian Rupees towards 50,000 shares of 10 rupees each, the company said in filing submitted to the Exchanges in India. The objective of incorporating Arti Surfactants Ltd,

Exchange seeks more clarification from Deep Industries, in ONGC matter

AHMEDABAD | MUMBAI | RAJKOT – After Central Bureau Investigation (CBI), Visakhapatnam has registered the case against 13 officials of the ONGC Limited, Rajahmundry and Deep Industries Ltd, based on complaint filed by Vigilance department of ONGC, National Stock Exchange has sought further more clarification from the company into the matter, exchange notification seeking clarification

Atul Ltd appoints B S Mehta as Independent Director

ATUL | AHMEDABAD | MUMBAI | RAJKOT – South Gujarat (Atul) based Specialty Chemicals manufacturer Atul Ltd in a filing said of appointing B S Mehta as Non-Executive and Independent Director of the company with an objective to strengthen the board. Board of Directors appointed B S Mehta, Non-executive Director of the Company, as an

Britannia to sell ready to eat croissants, forms joint venture with a Greek company

MUMBAI | AHMEDABAD | RAJKOT – Britannia Industries Ltd has formed a joint-venture company in 60:40 ratio with Greek confectioner and baker – Chipita SA with a lock-in period for 10 years, to serve ready to eat croissants and other products as agreed upon by both players, Britannia and Chipita together will invest 1 billion

With 1.16 trln rupee agri credit potential in FY2017-18, NABARD attains new heights in Gujarat

GANDHINAGAR | AHMEDABAD | RAJKOT – National Bank for Agriculture and Rural Development (NABARD) organised the State Credit Seminar at Narmada Hall, Swarnim Sankul, Gandhinagar today, in the session NABARD derived an estimate credit potential of 1.16 trillion (1,16,354 crore) rupees for priority sector lending, which includes a credit flow of 719.83 billion (71,983 crore)

NCDEX tightens deposit ops at warehouses, introduces audit checks to ensure quality deposits

MUMBAI | AHMEDABAD | RAJKOT – The National Commodity and Derivatives Exchange (NCDEX) Ltd, today announced additional measures to be taken by exchange registered warehouse service providers, aimed at tighter controls of quality and further strengthening the warehousing ecosystem, additionally the exchange will not be available for deposits on Saturdays, Sundays and Exchange declared trading

Eight Edition of Vibrant Gujarat, Global Investors Summit – 2017 hits 25,578 MoUs, for undisclosed amount

Camp : MAHATMA MANDIR (GANDHINAGAR) – In Eight Edition of Vibrant Gujarat, Global Investors Summit 2017 over three days sessions, 25,578 Memorandums (Memorandum of Understanding – popularly termed as MoU) were inked, Deputy Chief Minister Nitin Patel announced the figure without disclosing the final amount attracted for investment in state of Gujarat vide 25,578 inked