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Sunday 3 July 2011

NTPC to setup Coal Based power project at Kanpur

NTPC to setup Coal Based power project at Kanpur with investment of 6600 crore Rs. With capacity of 1320 MW. Project work will begin from January 2012

Vodafone will pay additional 440 million dollars to bag Essar deal

Vodafone will pay additional 440 million dollars to bag Essar deal, Vodafone buys 67% in Hutch-Essar for 11.2 billion dollars in 2007, Vodafone annouces to buy Essar 33% for 5 billion dollars in March 2011 but that transaction does not include potential tax liabilities.Now in July they revised the pact of separation for deal value 5.46 billion dollars that includes tax liability of 880 Million dollars