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NTPC goes for joint venture to set up power exchange
NTPC has formed a joint venture company, National Power Exchange Ltd (NPEX), to set up a power exchange. It will be a third exchange after Power Exchange India Ltd (PXIL) and India Energy Exchange and is expected to be operational within a year, officials said. The joint venture with NHPC, Power Finance Corporation (PFC) and Tata Consultancy Services (TCS), has already received in-principle approval
NTPC has formed a joint venture company, National Power Exchange Ltd (NPEX), to set up a power exchange. It will be a third exchange after Power Exchange India Ltd (PXIL) and India Energy Exchange and is expected to be operational within a year, officials said. The joint venture with NHPC, Power Finance Corporation (PFC) and Tata Consultancy Services (TCS), has already received in-principle approval
Investors sitting on losses in govt issues
The government will have to put in extra effort to attract investors towards future offerings, going by the poor performance of a majority of divestment issues in the past two years.
The government will have to put in extra effort to attract investors towards future offerings, going by the poor performance of a majority of divestment issues in the past two years.
Britannia profit up 30% at Rs 134.3 crore
Bangalore based fast moving consumer goods (FMCG) company, Britannia Industries has posted a 30 per cent rise in its net profit to Rs 134.3 crore on consolidated basis in the last financial year on
Scandals haunt Uttarakhand govt again
A series of alleged scams have returned to haunt the Uttarakhand government with the Supreme Court today calling for compliance of the High Court order on the Rishikesh housing project.
A series of alleged scams have returned to haunt the Uttarakhand government with the Supreme Court today calling for compliance of the High Court order on the Rishikesh housing project.
Record show powers Shinde's smile
The country added 9,700 Mw power capacity this financial year after a record 9,585 Mw in 2009-10.
The country added 9,700 Mw power capacity this financial year after a record 9,585 Mw in 2009-10.
Cartel destroying capital market, R-Infra tells IB
Company accuses market operator Sharad Shah of hammering infrastructure stocks
Company accuses market operator Sharad Shah of hammering infrastructure stocks
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