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Monthly archive February, 2014

TCS to manage global IT infrastructure for Diageo

On 20th February, 2014, Country’s largest software services firm TCS said it has bagged a global IT infrastructure management deal from Diageo, a leading premium drinks maker. Tata Consultancy Services (TCS) will manage Diageo’s global IT infrastructure, data centres and  →
Views : 1416

ITC to take on Nestle, PepsiCo , Amul and HUL with dairy products & non-carbonated drinks

On 20th February, 2014, ITC announced its plans to foray into non-carbonated beverages and dairy businesses next fiscal to establish itself as one of the largest food companies in the country.The Kolkata-based tobacco-to-hospitality conglomerate is developing products in categories such  →
Views : 1428

Bharti Airtel loses $3 billion case in Nigeria

On 20th February, 2014, media reports announced that Bharti Airtel’s Nigeria unit lost a legal battle against Econet Wireless. Bharti Airtel will now have to pay up $3 billion to Econet Wireless, even as it has the option to move  →
Views : 1597

Government clears GlaxoSmithKline’s Rs 6,400 crore FDI proposal

On 20th February, 2014, the government cleared Rs 6,400 crore FDI proposal of global healthcare company GlaxoSmithKline to acquire additional 24.33 per cent stake in its India arm. The Cabinet Committee on Economic Affairs ( CCEA) has approved the proposal  →
Views : 1341

NTPC signs MoU with Geological Survey of India

On 7th January 2014, a Memorandum of Understanding (MoU) was signed between NTPC and Geological Survey of India, today at NTPC Head Office, New Delhi for preparation of DPR for Geothermal Power Project at Tatapani Chhattisgarh. Shri Ajit Kumar, ED  →
Views : 1540

MoU for collaboration between NTPC- PMI and BIMTECH

On 22nd January, 2014, Power Management Institute (PMI), the apex training institute of NTPC Ltd and Birla Institute of Management Technology (BIMTECH) today signed an MOU for continuation of long term collaboration in the areas of business and organization development  →
Views : 1394

NTPC ties up with JBIC for a USD 430 million loan

On 27th January, 2014, NTPC Ltd. entered into two foreign currency loan agreements with the Japan Bank for International Co-operation (JBIC), the Japanese Government policy-based financial institution, for approx. USD 430 million (approx. Rs. 2,650 crore) for its Kudgi and  →
Views : 1544

NTPC Ltd. declares 3rd Quarter results

NTPC Limited, India’s largest power generating company having an installed capacity of 42454 MW, has announced unaudited financial results for the third quarter of financial year 2013-14 on 28th January, 2014. A PAT growth of 20.41% was registered. The unaudited  →
Views : 1432

NTPC wins Five National Awards

On 4th February, 2014, NTPC won five National Awards for the meritorious performance of its NTPC Stations. NTPC Limited bagged Five National Meritorious Performance Awards in Power Sector instituted by Ministry of Power, Govt. of India for the years 2011-12  →
Views : 1444

NTPC Ltd. pays highest ever Interim Dividend

On 11th February, 2014 NTPC Ltd. announced its decision to pay Interim Dividend of Rs. 3,298.19 crore. This is the highest ever interim dividend, being 40% of the paid-up equity share capital of the Company, for the financial year 2013-14,  →
Views : 1542



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