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Tag Archives: gujarat

RIL’s arm to acquire stake in Kanoda Energy Systems

Reliance Industries’ (RIL) wholly-owned subsidiary — Reliance Industrial Investments and Holdings (RIIHL) has entered into a binding agreement with Kanoda Energy Systems (KESL) for acquisition of equity shares for a cash consideration not exceeding Rs 75 crore. The said investment upon completion will translate into 88% equity stake in KESL ... Read More »

Alembic Pharma planning to raise fund via NCDs

Alembic Pharmaceuticals is planning to raise funds on Private Placement Basis through issuance of Non-Convertible Debentures (NCDs). The Board of Directors of the Company at its meeting to be held on December 06, 2018 to consider the same. Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been ... Read More »

Shree Rama Multi-Tech to sell assets of Ambaliyara Plant

Shree Rama Multi-Tech has decided to sell/ dispose of Assets of Ambaliyara Plant situated at Village Ambaliyara District Mehsana, Gujarat to any person(s)/ body corporate(s) subject to necessary approval[s) of lenders, members and other statutory authorities, if any and to delegate powers in connection therewith. The Board of Directors of ... Read More »

Adani Gas bags 13 CGD projects

Adani Gas has bagged authorization from the Petroleum and Natural Gas Regulatory Board, Government of India to expand its city gas footprint in 13 new Geographical Areas (GAs) in the recently concluded 9th round of CGD bidding. In addition, the company has also won 9 GAs in its joint venture ... Read More »

Kabra Extrusiontechnik extends partnership with Battenfeld Cincinnati

Kabra Extrusiontechnik and Battenfeld Cincinnati, Germany; world’s leading extrusion machinery manufacturer have extended their cooperation beyond 2026. The two companies have seen in partnership since 1983 and the existing technology agreement, valid until the year 2026 has been extended further by enlarging the scope and making it more comprehensive and ... Read More »

Gujarat Fluorochemicals gets nod to demerge Chemical Business

Gujarat Fluorochemicals has received an approval from its board to demerge the Chemical Business of the company pursuant to a Scheme of Arrangement between Gujarat Fluorochemicals and New Company (to be incorporated) and their respective shareholders. The Resulting Company is also proposed to be incorporated with the objects of carrying ... Read More »

Ratnamani Metals bags domestic orders worth Rs 77 crore

Ratnamani Metals & Tubes has received new domestic orders aggregating to around Rs 77.00 crore for supply of CS Pipes for Oil & Gas Sector to be executed between January, 2019 and May, 2019. Ratnamani Metals & Tubes is a multi-location, multi-product company, in India, manufacturing Tubes & Pipes in ... Read More »

Gujarat Fluorochemicals to make investment in INOX Leisure

Gujarat Fluorochemicals has approved making of an investment by way of subscription up to 64,00,000 Equity Shares of INOX Leisure, a subsidiary company of the company, at a price determined in accordance with requirements of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 or any amendments thereto. Gujarat Fluorochemicals ... Read More »

PM Modi to unveil ‘ Statue of Unity’ in Gujarat tomorrow

The 182 metre statue of Sardar Vallabhbhai Patel, will be dedicated to the nation on his birth anniversary, at Kevadiya in Narmada District of Gujarat. At the launch ceremony, the Prime Minister and other dignitaries will pour soil and Narmada water into a Kalash to mark the dedication of the ... Read More »

Alembic Pharmaceuticals’ JV clears first USFDA inspection at its Gujarat facility

Alembic Pharmaceuticals and Orbicular Pharmaceutical Technologies’ Joint Venture (JV) Company — Aleor Dermaceuticals has successfully cleared its first United States Food and Drugs Administration (USFDA) inspection of its new formulation manufacturing facility located at Karakhadi in the state of Gujarat; without any observations. The scheduled inspection was carried out between ... Read More »

USFDA issues four minor observations to JB Chemicals’ Gujarat facility

US Food and Drug Administration (USFDA) has issued four minor observations to JB Chemicals & Pharmaceuticals’ solid oral manufacturing facility at Panoli, Gujarat. The company proposes to address these observations within next 15 days. These observations will not have any impact on the current business and will facilitate ANDA of ... Read More »

Garware Technical Fibres expands its presence in Gujarat

Garware Technical Fibres has opened new outlet Vanita Fish Net at Veraval in the state of Gujarat. The company is at forefront for enhancing value to customers by providing application focused solutions. Garware Technical Fibres (Formerly Garware-Wall Ropes) is one of India’s leading players in the technical textiles sector and ... Read More »

PM Modi inaugurates various projects in Gujarat

Prime Minister hailed Sardar Patel’s vision that laid the foundation stone for the co-operative movement in India. Prime Minister Narendra Modi hailing the Gujarat model of development that finds its roots in the co-operative model that Sardar Patel introduced in the state. Prime Minister was in Anand to inaugurate a ... Read More »