Public sector firms Nuclear Power Corporation of India (NPCIL) and National Thermal Power Corporation, the country’s largest power producer, have signed an agreement to jointly produce nuclear power plants.Under the agreement, the companies will set up a joint venture firm in which NPCI…

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Mumbai: Mold Tek Technologies Ltd on Thursday said it has signed a pact to acquire the assets and business of US company, RMM Global, Ohio, and TechNet Engineering Services, Mumbai for $700,000. RMM and TechNet provide structural steel detailing services for clients in the US, the compan…

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Mumbai: UTI Asset Management is close to selling a 26 per cent stake for $175-$200 million to one of at least four investors and private equity firms, valuing the firm at 7-8 per cent of end-January average assets, banking sources said. …

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The Securities and Exchange Board of India (Sebi) is considering its Primary Market Advisory Committee’s recommendation to introduce a uniform face value system for all listed companies. At present, companies decide their individual face value between Rs 1 and Rs 100.According to the re…

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New Delhi: DLF Ltd, the country’s largest real estate developer, is expected to secure Rs 2,000 crore of long-term debt in two weeks from public sector banks and other financial institutions. The company has already secured another Rs 1,000 crore of long-term debt over the last few …

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New Delhi: Even as a few customers have left in the wake of the financial fraud committed by its erstwhile promoter, Satyam Computer said on Wednesday that it is continuously getting new software services orders and existing clients have showed faith in the company. Satyam Computers said …

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For the last couple of days most railways related stocks have been buzzing around. Umesh Choudhary, MD, Titagarh Wagons said r ailway traffic has been doing reasonably well. He feels this would be the right time to add capital assets to the company as steel prices are lower. He informed C…

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MUMBAI: Tata Tea said one of its promoters — Tata Sons — has pledged 11.32 per cent stake in the company with lenders In a disclosure to the Bombay Stock Exchange, Tata Tea said its main promoter Tata Sons has pledged 70 lakh shares, representing 11.32 per cent stake in the co…

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Indian ADRs: Satyam down 6%, ICICI Bank up 3%, Infosys, HDFC Bank, Tata Motors up 1% SEBI may seek details of end use of pledge shares – ET Satyam update: …

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The company bagged first order at santacruz, Mumbai at an area of 70,000 sq ft worth Rs55mn. Supreme Infrastructure India Ltd has been awarded three commercial building projects from Kamla Landmark Group and total cost of three projects are Rs 242mn. The company bagged first order at sant…

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