TNM

ItzCash inks pact with Thomas Cook to offer online travel booking service

Itz CashItzCash, the country’s first ever ‘Multi Purpose Prepaid Cash Card’ has informed that it has entered into a partnership with Thomas Cook, to facilitate online travel bookings.

The partnership is eyeing at an increase in online transactions at Thomas Cook and both partners has setup estimated target of 1.5 lakh transaction in rail booking, 0.5-lakh transactions for air booking for the next six months.

Tara Ultimo plans to roll out 50 new retail outlets across country in next two years

Mumbai-headquartered Tara Ultimo, a company manufacturing and retailing jewellery, plans to come up with 50 outlets across India in the next two years.

Jealousy Shows Itself In The Cradle

In what is a surprising finding, a new study on babies shows that those cute and cuddly bundles of joy, exhibit signs of jealousy even as young as three months old.

Prof. Maria Legerstee, Department of Psychology, York University and her team studied 50-babies aged 3-months and 6-months with their mothers on hand.  They found interacting with the babies that if the babies were not responded to, they looked sad and looked away.  However, when she took a drink and didn’t engage with them, they didn’t seem to mind, indicating that even babies can sense the reason behind uncommunicative behaviour.

NTPC unveils its plan to raise Rs 4500 crore

NTPC LtdIndia’s state-run power generator NTPC Ltd has revealed its plans to raise up to Rs 4,500 crore from domestic as well as international markets for meeting its expansion plans in the current financial year.

The company intends to raise up to $500 million from the global market by March, to support their expansion plan.

The company also plans to raise Rs 2,000 crore from the domestic market through private placement of bonds.

NTPC stock ended the day at Rs 144, down 5% compared to its previous close of Rs 152.

Parsvnath to build a 5-star hotel in Ahmedabad

Parsvnath Developers Limited (PDL), India’s leading real estate company, has informed that it would build a five-star hotel comprising
152 rooms in Ahmedabad.

Parsvnath Hotels, a subsidiary of Parsvnath Developers, has undertaken construction of hotel at Vejalpur, Ahmedabad, which has received five-star category approval from the Ministry of Tourism. The project is located just 14 kms away from the airport and mere 9 kms away from the railway station.

Areva T&D gets contract worth 35 million Euro from Bhilai Steel Plant

Areva T&D India LimitedAreva T&D India Limited, the Indian subsidiary of AREVA France SA, has bagged a contract worth 35 million euro from Bhilai Steel Plant (BSP)1, a flagship unit of the “Steel Authority of India Ltd” (SAIL), the largest steel manufacturer in India.

This contract includes a 132kV Gas insulated substation and Air insulated substations.

In addition, it also includes the complete revamping of the existing protection & control system and feeding the new sub stations through 132KV transmission cables.

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