Tag Archives: Mumbai

Ducon Infratech enters strategic tie-up with Shapooji Pallonji Group, to bid for large infra projects, in energy-oil-&-gas sector

MUMBAI | AHMEDABAD-GANDHINAGAR-RAJKOT – In a press release submitted to the Indian Stock Exchanges on Wednesday, infratechnology company Ducon announced of entering into a strategic tie-up with Sterling & Wilson (Shapoorji Pallonji Group Co) to bid on the large FGD (Flue Gas Desulphurization) projects in India, with an intent to significantly expand financing capabilities to

Kalpataru Power bags 5.88 billion rupees new T&D orders from International Markets

GANDHINAGAR | MUMBAI | RAJKOT – In a press release submitted to the Indian Stock Exchanges on Friday, Gandhinagar (Gujarat) headquartered Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders / notification of award of Rs. 588 Crores (5.88 billion). The new orders

PAE appoints Pritam A Doshi as Chief Financial Officer

MUMBAI | RAJKOT – In a regulatory filing submitted  to the Indian Exchanges on Wednesday, PAE Ltd said that Board of Directors of the Company at its meeting held Today on March 27, 2019 has appointed Mr. Pritam A. Doshi, Managing Director and Head Legal as a Chief Financial Officer (CFO) in term of Section

Shipping Logistics firm files legal suit against 20 Microns demanding 4.7 million rupees

VADODARA (BARODA) | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Vadodara (Baroda) headquartered 20 MICRONS Ltd has said of a shipping logistics service provider having filed legal suit in National Company Law Tribunal (NCLT) Ahmedabad, against the company demanding 4.7 million (46.67 lakh) rupees. However, the Company does not

Maruti Suzuki partners with Zydus Hospitals, sets up modern polyclinic

BECHARAJI (HANSALPUR) | MEHSANA | AHMEDABAD | NEW DELHI | MUMBAI | RAJKOT – In a press-release submitted to the exchanges in India on Wednesday, Maruti Suzuki India Ltd said of having partnered with Zydus Hospitals to set-up a modern polyclinic (health centre) facility at Becharaji, vide corporate social responsibility initiative. Access to quality and

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

Anil Ambani led RCom announces strategic transformation for India & Emerging Markets

MUMBAI | RAJKOT – In a press-release submitted to the Indian Bourses, Reliance Communications Limited (RCOM) and its subsidiary, Global Cloud Xchange (GCX), today shared updates on the company’s strategic transformation plan and its commitment to the growth and enhancement of its fixed-line communications, data center, subsea cables and enterprise services globally. “As the company moves

Reliance Infra’s Credit Profile improves, CRISIL withdraws ‘D’ ratings for 710 cr NCDs

MUMBAI | RAJKOT – Anil Dhirubhai Ambani Group led Reliance Infrastructure Ltd’s credit profile is reported to have improving, as the rating agency CRISIL has withdrawn ‘D’ ratings assigned to the company’s 7.1 billion rupee Non-Convertible Debentures, the company press release submitted to the exchanges in India said. Crisil has withdrawn its ‘D’ ratings for

J Kumar Infra bags 900-million-rupee civil work for AHMEDABAD Metro’s 3 Pockets

MUMBAI | RAJKOT – In a regulatory filing submitted on Wednesday to the Stock Exchanges in India, Mumbai headquartered J Kumar Infraprojects Ltd., said of having bagged civil construction works for 3 pockets of Ahmedabad-Gandhinagar Metro Project. Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) Company Ltd’s variation order for construction of balance civil and engineering

From #DLG FB LIVE : GUNS N ROSES | Real Rose Flowers, that last for a year!

RAJKOT – How about the REAL ROSES, that will last for a year? And that too in an ERA of SOCIAL MEDIA PINGS triggered relationships that does not even last for 365 days, and one such symbol of LOVE and ROMANCE – ROSES will last for a year! Yes, originally from RAJKOT and now settled

Phoenix shakes hand with Ahmedabad based realtor, will buy land, construct mall in Ahmedabad

MUMBAI | AHMEDABAD | RAJKOT – The Phoenix Mills Ltd enters into 50:50 joint venture with Ahmedabad based BSafal group to buy land and construct mall, Phoenix will invest 2.3 billion rupees into the joint-venture company, the company said in regulatory filing submitted to exchanges in India on Saturday. The joint-venture company has proposed to

Q1 EARNINGS SCAN | Sintex Ind (Textiles) Apr-Jun Net Profit up 12% YoY

KALOL | AHMEDABAD | MUMBAI | RAJKOT – Kadi-Kalol headquartered Sintex Industries Ltd, The Textiles arm of Sintex Group for Apr-Jun quarter of financial year 2018-19 reported net profit up 12% on year at 391.2 million rupees from 350.7 million rupees, during same quarter in last fiscal. Significant growth in topline made a positive impact

Q1 EARNINGS SCAN | Sintex Platic Tech Q1FY19 Net Profit dips 47% YoY

KALOL | MUMBAI | RAJKOT – Net profit of Sintex Plastic Technology Ltd for first quarter (Apr-Jun) of financial year 2018-19 slipped 47% year-on-year at 375.3 million rupees from 705.6 millon rupees. Dent in net profit of the company was primely due to shrinkage in topline. Net revenue of the company for the quarter under

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

Japan-India Institute of Mfg (JIM) Mehsana ‘CERTIFIES’ its FIRST Students’ Batch

MEHSANA | NEW DELHI | MUMBAI | RAJKOT – The first batch of “Japan-India Institute for Manufacturing (JIM)” in Mehsana receive Certificate of Course Completion 254 students earn JIM Certificate in Japanese Manufacturing Practices and Processes, Maruti Suzuki press release today said. Strengthening its commitment to promote “Skill India”, Maruti Suzuki India Ltd along with

Unichem Lab gets USFDA nod for chronic & bronchial (asthama) disorders treatment drug

MUMBAI | RAJKOT – In a regulatory filing submitted today to the exchanges in India Unichem Laboratories Ltd informed of getting final ANDA (Abbreviated New Drug Application) approval from USFDA (US Food & Drug Administration) for Montelukast Chewable Tablet in 4 mg (milligram) and 5 mg dosage. Unichem’s Montelukast Chewable Tablets, 4 mg and 5