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Tata Consultancy Services (TCS) has been chosen by Singapore Airlines to provide IT services for three years for a set of applications used by the Singapore Airlines Group of Companies. This is an extension of the existing agreement for TCS. As per the agreement, TCS will continue to manage a significant portion of Singapore Airlines’ … Read more Singapore Airlines extends IT service agreement with TCS
Jaiprakash Associates has received Letter of Intent (LoI) dated February 20, 2009 from Sangam Power Generation Company, a subsidiary of UP Power Corporation for setting up of 2 x 660 MW Super Critical Technology – Karchhana Thermal Power Project at Allahabad, with approved coal linkage. In a further development, subsequent to the sale of assets … Read more Jaiprakash Associates to refund bid amount for sale of Malvika Steels
Foreign institutional investors (FIIs) were net sellers of Rs 384.37 crore (provisional) in the cash segment on Wednesday, as per information available on the BSE website. While FIIs made gross purchases of Rs 831.33 crore, their gross sales stood at Rs 1,215.70 crore. Domestic institutional investors (DIIs) were net buyers of Rs 367.84 crore (provisional) … Read more FII net sellers of Rs 384 cr in cash segment on Wednesday
According to the latest data released by the Insurance Regulatory and Development Authority (IRDA), the annualized premium equivalent (APE) for the life insurance industry fell (for the third consecutive month) by 19.6% year on year (yoy) in January 2009. The decline in the APE was more pronounced in case of the private players at 22.5% … Read more Reliance + SBI Life Grow at cost of ICICI + Bajaj Allianz
The government has given its nod for restructuring of National Highways Authority of India (NHAI) and also to constitute a search committee for the appointment of chairman for the highways regulatory body. Under the restructuring plan, the search committee will involve in selection of chairman for NHAI for at least three years, which may be … Read more Govt nods restructuring NHAI
General Motors India is planning to go for a nation wide launch of its pre-owned vehicles business within three to four months in a move to boost its revenue earnings from sales amidst the ongoing economic slowdown. The company plans to roll out 10 outlets for used cars in select cities across the country. It … Read more GM India to build – Used car business in India