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NSIA, Uche Orji Unlike in advanced nations where some level of inflation is tolerable to stimulate economic activities, Nigeria’s inflationary trend is detrimental to its growth due to structural deficiency, logistic problems, and insecurity among others. Many of the factors that have fuelled Nigeria’s rising inflation are not showing any signs of receding in the short term. Combined with a revenue problem, the need for government to boost local food production spurred the implementation of the Presidential Fertiliser Initiative (PFI). FEMI ADEKOYA writes on progress made thus far. To conserve foreign exchange, the Central Bank of Nigeria (CBN) placed some products on restriction, while urging many businesses to embrace import substitution. ....
The News Scroll 12 May 2021 Last Updated at 6:25 pm | Source: PTI NHPC gets nod to acquire 2pc equity stake of PTC India in Chenab Valley Power Projects Outlook May 12, 2021 18:25 IST NHPC gets nod to acquire 2pc equity stake of PTC India in Chenab Valley Power Projects outlookindia.com 1970-01-01T05:30:00+0530 New Delhi, May 12 (PTI) State-run hydro power giant NHPC on Wednesday said that it has got approval of the concerned authority to acquire the entire 2 per cent equity stake of PTC India in Chenab Valley Power Projects Private Ltd. After the acquisition of the stake, the NHPC s share will increase to 51 per cent to become a majority stakeholder in Chenab Valley Power Projects Private Ltd. ....
Explore Now NEW DELHI: State-run hydro power giant NHPC on Wednesday said that it has got approval of the concerned authority to acquire the entire 2 per cent equity stake of PTC India in Chenab Valley Power Projects Private Ltd. After the acquisition of the stake, the NHPC s share will increase to 51 per cent to become a majority stakeholder in Chenab Valley Power Projects Private Ltd. Ministry of Power vide its letter dated May 12, 2021 has conveyed approval of competent authority for taking over of 2 per cent equity of PTC India Limited (PTC) in Chenab Valley Power Projects Private Ltd (A Joint Venture Company between NHPC (49 per cent), JKSPDC (49 per cent) and PTC (2 per cent)) by ....
For manufacture of speciality chemical productsFine Organic Industries has executed a joint venture agreement on 06 May 2021 with Oleofine Organics Thailand Co., (OFT) and Oleofine Organics Sdn Bhd. (OFM). The parties have executed the Joint Venture Agreement for incorporation of a new Joint Venture Company (JVC) in Thailand for the purpose of operating business which will be mainly engaged in the business of manufacturing of Speciality Chemical products and supplying, exporting and distribution of such products. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, ....
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