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VR asked to provide detailed account of cancellation of long-distance services - Vimarsana News

VR asked to provide detailed account of cancellation of long-distance services

The Ministry of Transport and Communications, together with the ownership steering department of the government, has asked the state-owned railway company to provide a detailed account for the widespread cancellations it made earlier this week in its long-distance services on safety grounds.

IMF not ready to extend financial support to Zimbabwe – calls for clear reform plan - Vimarsana News

IMF not ready to extend financial support to Zimbabwe – calls for clear reform plan

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.

IMF not ready to extend financial support to Zimbabwe - Vimarsana News

IMF not ready to extend financial support to Zimbabwe

THE International Monetary Fund's (IMF) two-week-long high-level visit ended on Wednesday amid revelations that no financial support will be extended to Zimbabw...

German state-owned energy firm Uniper reports 'exceptional' profits - Vimarsana News

German state-owned energy firm Uniper reports 'exceptional' profits

Good business with electricity generation and gas trading brought German state-owned energy firm Uniper major profits in 2023. In preliminary results released on Thursday, Uniper reported adjusted earnings before interest and taxes (EBIT) of more than €6.3 billion ($6.8 billion), as well as more than €4.4 billion in adjusted net profits for 2023. Both key figures are within the company's forecast, which was given in October. In a statement, Uniper described an "exceptional annual result" for the

Source: yahoo.com
NARCL, Omkara ARC in fray for Wind World debt - Vimarsana News

NARCL, Omkara ARC in fray for Wind World debt

State-owned National Asset Reconstruction Company (NARCL) and Manish Lalwani-promoted Omkara Assets Reconstruction Company (ARC) are in the fray to acquire the debt of wind turbine manufacturer Wind World (India) that has been under corporate insolvency process for over five years.