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PFC Appoints PK Singh as Director-Commercial

Praveen had been placed as Executive Director- Projects and has worked in multiple units of the Projects division of the firm for over 24 years. State-run power sector lender, Power Finance Corporation (PFC) has appointed Praveen Kumar Singh as Director-Commercial of the company with effect from August 10. Before the director-commercial, Praveen had been placed […]

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Mumbai Citizens to Pay Tata Power Bill at Vodafone Mini Stores

Tata Power consumers will have the option of paying electricity bills through Vodafone’s M-Pesa e-wallet.   In a bid to enhance its application of innovation and technology in providing value added benefits to its customers, Tata Power has partnered with Vodafone to facilitate electricity bill payments at Vodafone Mini stores. Tata Power consumers will have […]

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Tesla may Go Private For $420 Per Share Price

The $420 share price of Tesla is seemingly decided on the fact that it is already a valuable automaker in the United States. Stunning the shareholders and onlookers, Elon Musk in a tweet mentioned about thinking to make the American Multinational Corporation, Tesla, private at a cost of USD 420 per share. The tweet made […]

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Tata Power’s CGPL Wins ‘Gold’ at FAME ‘Excellence in Safety’ Awards

The award, given by the Foundation for Accelerated Mass Empowerment (FAME), recognizes industries for implementing best occupational health and safety systems, processes and practices. Tata Power’s wholly owned subsidy in Gujarat, Coastal Gujarat Power (CGPL) won ‘Gold’ at the FAME ‘Excellence of Safety’ awards for  best safety practices and implementing workplace safety norms for the […]

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Rico Autos foresees Rs 2,000 crore turnover by 2020

Gurugram based auto parts maker Rico Auto Industries has claimed the procurement of orders worth 1,200 crore from electric vehicles manufacturers. Following a three-way future growth strategy, the company expects revenue of Rs. 1,500 crore in the FY 2018-19 and a turnover of Rs. 2,000 crore in the following year. In order to reach this […]

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Talks to Sell 51% Stake of Hong Kong’s GCL to State Collapses

The failed developments for the sale of stake of GCL to SEG also led shareholders to a negative intuition about the company’s future reliability thereby forcing a share-sell. World’s leading solar panels materials maker, GCL Poly Energy is expected to face high selling pressure on its share market on the back of the collapsed talks […]

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With High Debts of Rs 370 Cr, Su-Kam to Face Auctions

In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). In November 2017, SBI, owing to the high debts, had referred Su-Kam to the National Company Law Tribunal (NCLT) for bankruptcy proceedings. In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). Now up for bidding, Su-Kam has a […]

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Haryana CM Starts off EVs and Exicom Chargers; Assigns them to GMDA

Gurugram Metropolitan Development Authority (GMDA) has been assigned the governance of the launched EV segment and the Exicom chargers hereby. Haryana CM, Manohar Lal Khattar inaugurated the Electric Vehicles (EV) and Exicom Tele-Systems Limited AC and DC Fast Chargers in order to encourage the use of green energy driven vehicles and convenient charging points in […]

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